The global Outdoor Living Structure market size is expected to be worth around US$ 4.9 billion by 2030, according to a new report by Vision Research Reports.
The global Outdoor Living Structure market size was valued at US$ 2.8 billion in 2020 and is anticipated to grow at a CAGR of 10.1% during forecast period 2021 to 2030.
Get Sample Copy of This Report (Including TOC, List of Tables & Figures, and Chart)@ https://www.visionresearchreports.com/report/sample/38454
Outdoor Living Structure Market (By Product: Pavilions/Gazebos, Pergolas/Patio) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Growth Factors
Growing trend of utilizing the garden areas or, backyards to extend the building structures into dining areas, working spaces, grill areas are expected to propel the market growth over the forecast period.
As per a survey published by the National Kitchen & Bath Association (NKBA) for 2020-21, the adoption of outdoor living projects interest has grown by about 85% in the U.S. in comparison to the past few years. Furthermore, the demand for outdoor kitchen setups is expected to be highest, followed by patios and decks, and screened porches & three season rooms.
The stay-at-home restrictions imposed by governments across several countries amid the outbreak of the COVID-19 pandemic are expected to create new growth opportunities for the market.
Report Highlights
The pergolas/patio segment dominated the outdoor living structures market and accounted for about 75% of revenue share in 2020. This is attributed to the growing consumer preferences for the plants in sitting areas, and extended areas for living rooms. In addition, consumers prefer these structures owing to their low price and easy construction as compared to pavilions/gazebos.
North America dominated the market and accounted for around 53% of the revenue share in 2020, owing to improved lifestyles, coupled with high per capita income, especially in the U.S. Increase in number of people shifting to sub-urban areas, who prefer large houses with backyard are expected to provide potential opportunity for the market growth.
Key Players
- Renson
- Outdoor Structure Company LLC
- Outdoor Living
- Absolute Outdoor Living
- Corradi
- Luxos
- IQ Outdoor Living
- Totally Outdoors
- Outdoor World
- Aussie Outdoor Living
- Bosman Homefront
- Scandia Canada
| Report Coverage | Details |
| Market Size | US$ 4.9 billion by 2030 |
| Growth Rate | CAGR of 10.1% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Renson; Outdoor Structure Company LLC; Outdoor Living; Absolute Outdoor Living; Corradi; Luxos; IQ Outdoor Living; Totally Outdoors; Outdoor World; Aussie Outdoor Living; Bosman Homefront; Scandia Canada |
Market Segmentation
- Product
- Pavilions/Gazebos
- Pergolas/Patio
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Middle East & Africa
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38454 or call: +1 9197 992 333