North America Outdoor Living Structure Market

North America Outdoor Living Structure Market Size, Share, Growth Analysis, By Product Outlook(Pergolas/Patios, Pavilions/Gazebos), By Material Outlook(Wood, Metal), By Region/Country(North America, U.S.) - Industry Forecast 2024-2031


Report ID: UCMIR20B2061 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

North America Outdoor Living Structure Market Insights

Market Overview:

The outdoor living structure market in North America reached an estimated value of $1,502.9 million in 2022, and it is anticipated to experience a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. This growth can be attributed to an increasing trend among homeowners with spacious gardens and backyards, who are keen on utilizing previously unused areas on their properties for various purposes like recreation rooms, accessory dwelling units, prayer rooms, children's play areas, and more. In developed economies, there is a rising preference among individuals with high disposable incomes to expand their building structures into garden areas and backyards, creating stylish dining spaces, luxurious hubs, workspaces, grill areas, screened porches, sunrooms, and more.

North America Outdoor Living Structure Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Building Products by segment aggregation, the contribution of the Building Products in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for North America Outdoor Living Structure was estimated to be valued at US$ XX Mn in 2021.

The North America Outdoor Living Structure Market is estimated to grow at a CAGR of XX% by 2028.

The North America Outdoor Living Structure Market is segmented on the basis of Product Outlook, Material Outlook, Region/Country.

Based on region, the North America Outdoor Living Structure Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the North America Outdoor Living Structure Market are Renson Outdoor, Outdoor Structure Company LLC, Outdoor Living, Absolute Outdoor Living, Corradi, Lifetime Products, ShelterLogic Group, CEDARSHED USA, Tuff Shed Inc., Backyard Buildings & More.

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North America Outdoor Living Structure Market

Product ID: UCMIR20B2061

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