This report describes the global market size of Residential Outdoor Storage Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 4.0% from 2023 to 2030.
Outdoor storage in residential areas is characterised as the placement of objects that are normally found in residential settings, such as recreational vehicles (RVs), trash bins, furniture, gardening tools, and canopies. Residential outdoor storage goods also aid in maximising and making use of the available space, and these products are used to store mobility scooters, quad bikes, unwanted furniture, bicycles, motorbikes, and garden furniture or equipment. There are many different materials and designs for these storage boxes.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Residential Outdoor Storage Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 4.0% during the forecast period 2023-2030. North American market for Residential Outdoor Storage Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Residential Outdoor Storage Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
The plastic sector accounted for a market size of USD 621.0 million in 2022 based on material. From 2023 to 2030, it is projected to expand at a CAGR of 3.5%. Over the projection period, plastic-based outdoor storage goods for homes are expected to be in high demand. Due to their availability in a wide range of shapes and sizes as well as their water-resistant qualities, plastics continue to be a customer favourite. Numerous plastic outdoor solutions, including patio storage bins, bench deck boxes, storage shelters, and outdoor shelves, keep the stored items dry and mold-free throughout the year.
Deck Boxes, Bins & Totes
Outdoor Storage Benches & Cabinets
The product category for outdoor storage benches and cabinets is anticipated to develop at the fastest CAGR of 7.0% between 2023 and 2030. The greatest forms of wood for making outdoor benches are cedar, pine, and teak because of their high strength and water resistance. Cedar and teak, on the other hand, are more expensive than pine, hence pine is frequently chosen to design and make storage benches and cabinets. Due to its excellent durability and inexpensive price, metal is another material utilised to make storage benches. However, the lack of comfort in metal benches is projected to restrict the market's expansion for metal outdoor storage benches.
In 2022, the shipping container market contributed 23% of total revenue.
By Distribution Channel
With a 48% revenue share in 2022, the retail distribution channel segment held the market's top position. The market's most popular distribution channel is retail. These products, which include deck boxes, bins, totes, outdoor shelves, outdoor benches, cabinets, and sheds, are purchased directly by customers from store owners since they are handy and frequently include delivery and installation services.
Middle East & Africa
In 2022, the North America geographical segment led the market and accounted for 57.5% of total sales. The need for residential outdoor storage, such as deck boxes, bins, totes, outdoor shelves, outdoor storage benches, cabinets, etc., is further increased by the widespread practise of building patios or pergolas outside of residential buildings for recreational and leisure activities.
Tuff Shed Inc.
Backyard Buildings & More
Leisure Season Ltd
Barnyard Utility Buildings
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Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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