Outdoor Storage Sheds: Introduction
An outdoor storage shade is typically a single-story roofed structure used to store products. In residential places, it is majorly used for hobbies, storage, or as a workshop.
Key Drivers of the Global Outdoor Storage Sheds Market
- Outdoor storage sheds are available in various designs. Companies are adding features such as single roof, electricity availability, and windows to increase the product demand. Furthermore, outdoor storage sheds can be locked to deter theft or entry by children, wildlife, domestic animals, etc.
- A large percentage of population prefer to spend time outside their residential complexes. This is one of the major factors driving the outdoor storage sheds market. In New Zealand and Australia, a magazines known as ‘The Shed,’ publishes hobbies which can be nurtured in outdoor sheds.
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Key Players Operating in the Global Outdoor Storage Sheds Market
The global outdoor storage sheds market is fragmented in nature. Companies are working on product innovation and development to increase their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Small scale players are striving to increase sales by improving their domestic market share. Some of the key players operating in the global outdoor storage sheds market are listed below:
- Handy Home
- Lifetime Products
- Pm Impex
- Pressmach Infrastructure Private Limited
- ShelterLogic Group
- Tuff Shed
Global Outdoor Storage Sheds Market: Research Scope
Global Outdoor Storage Sheds Market, by Roof Type
- Gable Style Roof
- Hip Style Roof
- Flat Style Roof
- Barn Style Roof
- Saltbox Style Roof
- Others (Jerkinhead Style Roof, Bonnet Style Roof, etc.)
Global Outdoor Storage Sheds Market, by Material
- Others (Vinyl Sided, Asbestos, etc.)
Global Outdoor Storage Sheds Market, by Price
Global Outdoor Storage Sheds Market, by Size
- Less than 25 sq. ft.
- 25 sq. ft. – 50 sq. ft.
- 50 sq. ft. – 75 sq. ft.
- 75 sq. ft. – 100 sq. ft.
- Above 100 sq. ft.
Global Outdoor Storage Sheds Market, by End-use
Global Outdoor Storage Sheds Market, by Distribution Channel
Rising Demand from the Commercial Segment to Create New Market Opportunities
- The rising number of companies active in small scale production at the global level is expected to boost the growth of the outdoor storage sheds market.
- High investment in construction activities is driving small scale industries to use outdoor storage sheds. This is a cost effective and efficient way of storing products. This factor is expected to create opportunities in the outdoor storage sheds market in the coming years.
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Rising Raw Material Cost to Restrict Market Growth
Metal is one of the important raw materials for outdoor storage sheds. Change in metal prices at the global level can work as a market restricting factor.
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