Global Garden Sheds Market Size By Type(Wood, Metal, Plastic), By Application(Commercial, Residential), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Garden Sheds Market Size And Forecast

Garden Sheds Market size was valued at USD 5,889.12 Million in 2022 and is projected to reach USD 9,255.81 Million by 2030, at a CAGR of 5.80% from 2023 to 2030.

Rising population interest in enhancing the attractiveness of landscapes, as well as increased purchasing power due to rising disposable income, are some of the drivers projected to fuel market revenue development. The Global Garden Sheds Market  report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Garden sheds?

Looking for a great way to get your outdoor space organised and looking good? Garden sheds are a fantastic choice! They're not just for storing your gardening tools and equipment; think of them as an extra room in your garden. You could even turn one into a workshop or a little home office! They come in all shapes and sizes, so finding the perfect fit is key. If you've got a big yard, a garden storage shed can be a real lifesaver. These days, there's a huge range to choose from, making it easy to find one that ticks all the boxes for what you need, your style, and the space you have. They might seem simple, but garden sheds are incredibly versatile and offer a ton of benefits.

Garden sheds can be made by following materials

Wooden tool shed – Wood is the traditional building material for a garden shed, and if you create it from the correct wood your shed will endure a long time. When you build a shed out of wood, you may make it whatever size and shape you choose.Resin ShedsThese are the most recent sheds that are becoming increasingly popular. They are also known as plastic sheds, vinyl sheds, and high-density polyethylene sheds.

Metal sheds are built of either steel or galvanised aluminium. Sheds classified by useGarden office – If your home does not have enough space for an office, try building a bespoke shed in the garden. Moreover, the firewood storage sheds can be built as freestanding structures or as lean-to structures against an existing wall. They are intended to protect your firewood from rain and snow by providing shelter.

Global Garden Sheds Market Overview

People are getting more and more interested in making their yards and outdoor spaces look amazing, and with a little extra money in their pockets, that's really driving growth in the market. Think gorgeous landscaping around homes, big office buildings, or even corporate campuses. It's becoming super popular, especially with high-income folks like institutional clients and big business owners, because it adds a touch of luxury and prestige. Plus, it's easier than ever to find cool stuff for your yard! There's a huge selection of unique goods, tools, materials, plants, and equipment out there, and you can find tons of deals online and at specialty stores. So, yeah, demand for landscaping and gardening is definitely on the rise.

With more houses and bungalows popping up, and people wanting bigger backyards, it's no surprise garden sheds are in demand. Plus, we all need somewhere to stash the lawnmower, fertilisers, and other garden tools, right? India's housing market really took off in 2022, with sales hitting record highs – people were definitely excited! You could see things starting to turn around in 2021, especially for homes. Even after the second wave of COVID, there were tons of new projects and more houses being sold from July to September. Experts think this means we'll see even more houses being built in 2022, and sales will probably beat pre-COVID numbers!

Like the rest of the property world, the European housing market is slowly changing because of everything that's happened with the health crisis. People want more room to spread out, opting for bigger houses and flats. Plus, there's a real pull to get back to nature, with folks moving from cities to more rural spots. These trends have really shaped the real estate scene lately. Even with everything going on, the demand for housing is still strong – in the UK alone, over 300,000 homes were sold in the first three months of 2022! Property prices in the UK jumped 12.5% compared to the same time last year, which is the biggest increase we've seen since 2014. Wales (up 15.2%) and the South West (up 14.4%) are seeing the biggest jumps. Things are still uncertain with the global economy, especially with the current situation in Europe, but demand is still expected to be high, potentially pushing prices down.

Global Garden Sheds MarketSegmentation Analysis

The Global Garden Sheds Market is segmented on the basis of Type, Application, and Geography.

Garden Sheds Market by Type

  • Wood
  • Metal
  • Plastic

In 2022, Wood was the most popular choice for outdoor storage sheds, and we expect it to keep growing at a rate of 6.34% each year for the next few years. Why wood? Well, it's naturally beautiful and strong. People often use cedar and redwood because they hold up well against rot, especially if you live somewhere humid. If you're a bit handy, building a wooden shed yourself isn't too difficult! Plus, you can easily customize it to match your house and make your garden look even better. Wooden framed garden sheds have that classic, vintage feel, but remember to take care of them! A little maintenance prevents splitting, warping, and rotting, keeping it beautiful for years. And here's a tipadding insulation can help regulate the temperature inside and keep your shed in great shape.

Garden Sheds Market by Application

  • Commercial
  • Residential

When we look at where garden sheds are used, residential properties took the lead in 2022. We're expecting this area to keep growing fast, with a projected rate of 5.68% each year! Think about it"residential" covers everything from your classic single-family house to apartments. A garden shed helps keep all your outdoor stuff neat and tidy – things like equipment, gardening tools, and even lawn maintenance must-haves like the lawn mower, hoses, and weed killer. Plus, let's be honest, garden sheds look pretty great! They're like mini-houses sitting right in your backyard, and that definitely helps drive up the demand. Don't forget, a garden shed is part of your home's exterior, and one of the first things people notice, so it needs to look good!

Garden Sheds Market by Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Let's take a look at where garden sheds are popular around the globe! Our analysis shows the market is divided into North America, Europe, Asia Pacific, and the Rest of the World. Right now, Europe is leading the pack, holding the biggest piece of the pie in 2022. And it's expected to keep growing fast, with a projected Compound Annual Growth Rate (CAGR) of 5.54% over the next few years. What's fueling this growth? Well, things like increasing incomes and low mortgage rates are making homeownership more accessible in Europe. Plus, the construction industry is really important for the European Union's goals for smart, sustainable, and inclusive growth. In fact, the European Construction Industry Federation (FIEC) says that investments in construction hit USD 1,814.1 billion in 2021. And get thisMcKinsey & Company reports that the COVID-19 pandemic actually gave e-commerce a big boost in Europe, with digital adoption jumping almost 14%! During lockdowns, people were busy decluttering and selling stuff online, and that includes clearing out their garden sheds. Looking ahead, this trend is likely to keep going strong as Europeans become more and more focused on sustainability, which will further boost the market.

Key Players

The “Global Garden Sheds Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Keter Plastic, Lifetime, Tuff Shed, ShelterLogic Group, Biohort, Absco Sheds, Pineca Group, Grosfillex, Duramax, Nordic Garden Buildings, YardMaster International, Asgard Steel Storage, Shire GB, Rubbermaid, and Sinolily.

Report Scope

STUDY PERIODDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Keter Plastic, Lifetime, Tuff Shed, ShelterLogic Group, Biohort, Absco Sheds, Pineca Group, Grosfillex, Duramax, Nordic Garden Buildings, YardMaster International, Asgard Steel Storage, Shire GB, Rubbermaid, and Sinolily.

SEGMENTS COVERED

By Type, By Application, and By Geography

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