|
Forecast
Period
|
2024-2028
|
|
Market
Size (2022)
|
USD
1.6 Billion
|
|
CAGR
(2023-2028)
|
4.7%
|
|
Fastest
Growing Segment
|
Sheds
|
|
Largest
Market
|
North
America
|
Market Overview
Global Residential Outdoor Storage Market was
valued at USD 1.6 Billion in 2022 and is anticipated to project robust growth
in the forecast period with a CAGR of 4.7% through 2028. The Global Residential
Outdoor Storage Market is experiencing substantial growth, propelled by the
burgeoning need for efficient storage solutions in residential spaces. As
urbanization continues to transform living environments, homes are becoming
smaller, necessitating creative storage solutions for outdoor spaces. This
market addresses the demand for high-quality storage options, catering to diverse
needs such as garden tools, sports equipment, and seasonal items. Manufacturers
are innovating with weather-resistant materials and smart designs, ensuring
durability and functionality in various outdoor environments. Additionally, the
rising trend of outdoor living spaces and homeowners' focus on aesthetics have
contributed to the market's expansion. Consumers seek stylish and versatile
storage solutions that complement their outdoor decor while providing ample
space for organizing belongings. Moreover, the market benefits from the growing
interest in home improvement projects, as homeowners invest in upgrading their
outdoor spaces for relaxation and entertainment. With a focus on enhancing
outdoor aesthetics and maximizing storage efficiency, the Global Residential
Outdoor Storage Market is set to flourish, meeting the evolving needs of
homeowners in an increasingly urbanized world.
Key Market Drivers
Efficient Space Utilization in
Urban Areas
Efficient space utilization in urban areas serves
as a pivotal driver propelling the growth of the Global Residential Outdoor
Storage Market. As urbanization intensifies and living spaces become
increasingly compact, the demand for innovative storage solutions escalates.
Urban dwellers are faced with the challenge of optimizing limited outdoor
areas, such as balconies, small gardens, or even rooftop terraces, to create
functional living spaces. In this context, residential outdoor storage
solutions play a transformative role. Manufacturers, recognizing the pressing
need for space-efficient storage, have innovatively designed products tailored
to urban environments. Vertical sheds, wall-mounted cabinets, foldable storage
systems, and modular units are meticulously crafted to maximize vertical space,
ensuring that even the smallest corners can be utilized effectively. These
solutions not only cater to the storage needs of urban residents but also
enhance the aesthetic appeal of outdoor spaces.
By enabling individuals to organize and store their
belongings efficiently, these storage solutions contribute to decluttering
urban environments, fostering a sense of order amidst the bustling city life.
Moreover, as cities encourage outdoor activities and green spaces, the demand
for storage units designed specifically for gardening tools, outdoor furniture,
and sports equipment has surged. The market response to this demand has been
swift, with manufacturers developing customized, compact storage options that
blend seamlessly with urban landscapes. Consequently, the symbiotic
relationship between urbanization and innovative outdoor storage solutions has
created a robust market ecosystem. Homeowners benefit from organized living
spaces, urban landscapes are aesthetically enhanced, and the Global Residential
Outdoor Storage Market thrives as a result, offering a diverse array of
products that cater to the unique challenges posed by urban living. This trend
is expected to persist and intensify as urbanization continues, solidifying the
market's position as an essential contributor to urban space optimization and
enhancing the overall quality of life for city dwellers globally.
Rising Home Improvement
Activities
The Global Residential Outdoor Storage Market is
experiencing a significant upswing due to the escalating trend of home
improvement activities worldwide. As homeowners increasingly invest in
upgrading their residences, outdoor spaces have become focal points for
enhancement. Individuals are transforming their gardens, patios, and balconies
into multifunctional areas, blending leisure, entertainment, and relaxation.
This surge in home improvement endeavors necessitates efficient storage
solutions for the array of outdoor items, ranging from gardening tools and
supplies to outdoor furniture, sports equipment, and recreational gear.
Residential outdoor storage units provide an elegant and practical solution to
this burgeoning need, enabling homeowners to organize their outdoor spaces
effectively. These storage solutions not only facilitate clutter-free
environments but also enhance the overall appeal of outdoor areas by keeping
them well-organized and visually pleasing. Moreover, as the home improvement
trend intertwines with the growing emphasis on sustainable living, eco-friendly
outdoor storage options made from recycled materials are gaining traction.
Consumers are increasingly inclined towards environmentally responsible
choices, further driving the market toward innovative and sustainable storage
solutions.
Manufacturers are responding with a variety of
eco-conscious products, aligning with the eco-friendly ethos of modern
homeowners. Consequently, the nexus between the flourishing home improvement
sector and the demand for streamlined, aesthetically pleasing, and eco-friendly
storage solutions is propelling the Global Residential Outdoor Storage Market
forward. This synergy between the desire for enhanced outdoor living spaces and
the need for organized storage exemplifies a market trend deeply rooted in contemporary
lifestyle preferences, underscoring the pivotal role played by residential
outdoor storage solutions in the broader landscape of home improvements. As the
trend toward improving and optimizing outdoor spaces continues to rise, the
market for residential outdoor storage is poised for sustained growth, offering
a diverse array of solutions to meet the evolving demands of homeowners
globally.
Emphasis on Weather-Resistant and
Durable Materials
The Global Residential Outdoor Storage Market is
undergoing a significant transformation, primarily driven by the emphasis on
weather-resistant and durable materials. In an era where climate uncertainties
are prevalent, consumers are increasingly discerning about the longevity and
resilience of outdoor storage solutions. This shift in consumer preferences has
spurred a wave of innovation among manufacturers, compelling them to invest in
advanced materials and construction techniques. Weather-resistant materials,
such as high-quality polyethylene, rust-resistant metals, and treated woods,
have become the cornerstone of modern outdoor storage designs. These materials
are engineered to withstand diverse weather conditions, from scorching heat to
freezing cold, ensuring that the storage units remain robust and functional
over the years. Moreover, the demand for durability is intertwined with the
need for low maintenance. Consumers today seek outdoor storage solutions that
not only endure the elements but also require minimal upkeep, aligning with
their busy lifestyles.
The market response to this demand has led to the
development of storage units featuring reinforced structures, UV-resistant
coatings, and innovative sealing technologies. These advancements not only
enhance the products' longevity but also contribute to their aesthetic appeal,
ensuring that the outdoor storage seamlessly integrates with various
architectural styles and outdoor landscapes. Furthermore, the emphasis on
durable materials has significant implications for sustainability. Long-lasting
storage solutions reduce the frequency of replacements, thereby curbing the
environmental impact associated with manufacturing and disposing of products.
This aligns with the growing environmental consciousness among consumers,
fostering a preference for products that offer both durability and
eco-friendliness.
Additionally, the trend towards durability is
bolstered by the increasing prevalence of extreme weather events, compelling
consumers to invest in storage solutions that can safeguard their belongings
under challenging circumstances. Businesses operating in the residential
outdoor storage sector are leveraging this trend by continuously researching
and introducing innovative materials, ensuring that their products not only
meet but exceed consumer expectations. As a result, the market is witnessing a
surge in demand for weather-resistant and durable storage solutions, creating a
lucrative landscape for manufacturers who prioritize quality, resilience, and
customer satisfaction. In conclusion, the emphasis on weather-resistant and
durable materials is a driving force behind the Global Residential Outdoor
Storage Market's growth, shaping consumer choices and redefining industry
standards in an increasingly weather-volatile world.
E-commerce and Online Retail
Penetration
The Global Residential Outdoor Storage Market is
experiencing a transformative surge, propelled by the remarkable penetration of
E-commerce and online retail channels. As the digital landscape evolves,
consumers are increasingly turning to online platforms for their purchasing
needs, and the residential outdoor storage market is no exception. E-commerce
provides a convenient avenue for consumers to explore an extensive array of
storage solutions, compare features, read reviews, and make well-informed decisions
from the comfort of their homes. Online retail platforms empower customers with
a plethora of options, enabling them to choose storage solutions that align
perfectly with their specific requirements, be it size, material, design, or
eco-friendliness. The ease of browsing through various products and accessing
detailed product information significantly enhances the overall consumer
experience. Moreover, the global reach of E-commerce ensures that consumers
from diverse regions have access to a wide range of residential outdoor storage
options, transcending geographical boundaries. This accessibility not only
broadens the market but also fosters healthy competition among manufacturers
and suppliers, encouraging innovation and the introduction of diverse storage
solutions catering to different consumer preferences and needs.
Furthermore, E-commerce platforms facilitate a
seamless shopping experience through features like virtual showrooms, 3D
models, and augmented reality tools. These technologies allow consumers to
visualize how different storage solutions would fit into their outdoor spaces,
enhancing their confidence in the purchasing process. Additionally, the
integration of secure payment gateways and reliable delivery services ensures a
smooth transaction from selection to delivery. As sustainability gains
prominence in consumer preferences, online platforms also showcase eco-friendly
storage options prominently, aligning with the growing environmental
consciousness of buyers.
The digital revolution has not only democratized
access to products but has also catalyzed the evolution of residential outdoor
storage solutions. Manufacturers are leveraging online platforms to directly
interact with consumers, understand their preferences, and introduce
innovative, space-saving, and aesthetically pleasing storage designs. The
robust growth of E-commerce and online retail is reshaping how consumers
perceive, purchase, and utilize residential outdoor storage solutions, making
these platforms indispensable drivers of the market's expansion. As consumers
increasingly embrace the convenience and variety offered by online channels,
the Global Residential Outdoor Storage Market is poised for sustained growth,
driven by the seamless synergy between technological advancements and consumer
demand.
Increasing Focus on
Sustainability and Eco-Friendly Solutions
The Global Residential Outdoor Storage Market is
experiencing a paradigm shift, driven by the escalating focus on sustainability
and eco-friendly solutions. In an era marked by environmental consciousness,
consumers are increasingly cognizant of the impact their purchasing decisions
have on the planet. This heightened awareness has reshaped the residential
outdoor storage market, compelling manufacturers to innovate and offer
eco-friendly storage solutions that align with the principles of sustainability.
Materials such as recycled plastics, sustainably sourced wood, and
environmentally friendly composites are gaining traction, reflecting the
industry's commitment to reducing its carbon footprint. Moreover, the emphasis
on sustainable manufacturing processes, including energy-efficient production
and waste reduction, underscores the industry's dedication to eco-conscious
practices.
Consumers, too, are actively seeking storage
solutions that blend functionality with environmental responsibility.
Eco-friendly outdoor storage options not only meet their storage needs but also
resonate with their values, fostering a sense of social and environmental
responsibility. The rising demand for solar-powered storage units and rainwater
harvesting integrated solutions exemplifies this trend, showcasing a holistic
approach to sustainability. Manufacturers, recognizing the market's shift, are
investing in research and development to create innovative designs that
optimize space utilization and incorporate green technologies. These
eco-virtuous storage solutions not only contribute to resource conservation but
also enhance the overall aesthetic appeal of outdoor spaces, creating
harmonious integration with nature.
Additionally, the emphasis on sustainability aligns
with governmental regulations and initiatives promoting green practices,
offering incentives for eco-friendly products and sustainable manufacturing. As
a result, manufacturers are incentivized to invest in environmentally conscious
technologies and materials, further driving the market's growth. The
eco-friendly wave has not only become a selling point but also a core value
proposition for businesses, leading to a proliferation of green certifications
and labels that assure consumers of the products' sustainable attributes.
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Key Market Challenges
Inadequate Standardization and Compatibility Issues
The Global Residential Outdoor Storage Market
grapples with challenges arising from the lack of standardization and
compatibility concerns. Within this market, a wide variety of storage solutions
coexist, ranging from sheds and cabinets to modular containers. While this
diversity offers choices to consumers, it also leads to compatibility issues.
Customers often face difficulties in finding storage solutions that fit their
specific spaces and requirements due to the fragmented nature of available
options. Incompatibility problems emerge when homeowners attempt to combine
storage units from different brands or designs, resulting in inefficient use of
space and limited functionality. The absence of standardized measurements and
fittings exacerbates these challenges, compelling consumers to invest
considerable time and effort in seeking suitable storage solutions tailored to
their needs. This lack of uniformity within the market hampers user convenience
and necessitates industry efforts to streamline designs and measurements,
offering consumers more accessible and compatible storage choices.
Quality Control and Durability Concerns
Another significant challenge faced by the market
is the prevalence of counterfeit and low-quality outdoor storage products,
posing risks to user satisfaction and the longevity of stored items.
Substandard storage units may lack essential features, leading to issues such
as water leakage, rust, or compromised structural integrity. These challenges
often arise due to the use of inferior materials or subpar manufacturing
processes. Addressing this concern necessitates stringent quality control
measures throughout the manufacturing and supply chain. It is crucial for
manufacturers to invest in robust quality assurance protocols, ensuring that
their products meet durability standards and offer long-lasting performance.
Moreover, raising consumer awareness about distinguishing between genuine,
high-quality storage solutions and counterfeit or low-grade alternatives is
essential. Educative campaigns can empower buyers to make informed decisions,
promoting the purchase of durable and reliable outdoor storage products.
Sustainable Practices and Environmental Impact
The widespread adoption of residential outdoor
storage solutions has raised environmental concerns, primarily related to the
disposal and longevity of these products. As homeowners upgrade or replace
their storage units, the disposal of old and often non-biodegradable materials
becomes a pressing challenge. Many consumers resort to discarding these units
in landfills, contributing to environmental pollution. To address this issue,
the market needs to embrace sustainable practices. One solution involves promoting
the use of recyclable and eco-friendly materials in the manufacturing of
outdoor storage products. Manufacturers can develop storage units made from
biodegradable or recyclable materials, reducing the environmental footprint of
these products. Additionally, encouraging responsible disposal practices among
consumers through recycling programs and initiatives is paramount. Implementing
accessible and efficient recycling systems enables homeowners to discard their
old storage units responsibly, diverting them from landfills. Furthermore,
manufacturers can play a pivotal role by adopting eco-conscious manufacturing
processes, minimizing waste generation and energy consumption. By focusing on
sustainability, the residential outdoor storage market can mitigate its
environmental impact and move towards a more eco-friendly future.
Key Market Trends
Smart Integration for Enhanced Outdoor Storage
The global residential outdoor storage market is
witnessing a revolutionary trend with the integration of smart technologies
into storage solutions. Smart outdoor storage units equipped with sensors,
connectivity features, and remote control capabilities are gaining immense
popularity among consumers. These innovative storage solutions allow homeowners
to monitor the contents, control access, and receive real-time updates about
their storage units through smartphone apps or other smart devices. Smart locks,
climate control systems, and security cameras integrated into outdoor storage
provide users with unprecedented convenience and peace of mind. Homeowners can
remotely manage their storage space, ensuring the safety of their belongings
and optimizing the utilization of available space. This trend aligns with the
broader concept of smart homes, where seamless integration and automation
enhance the overall living experience. As consumers increasingly seek advanced
solutions for their storage needs, the integration of smart technologies is
expected to be a defining trend, reshaping the landscape of the residential
outdoor storage market.
Sustainable and Eco-Friendly Materials
A significant trend shaping the residential outdoor
storage market is the growing emphasis on sustainability and eco-conscious
choices. Consumers are becoming increasingly environmentally aware, driving the
demand for storage solutions crafted from sustainable materials. Manufacturers
are responding to this trend by developing outdoor storage units made from
recycled materials, biodegradable components, or sustainably sourced wood.
These eco-friendly storage solutions not only cater to the environmentally conscious
consumer base but also align with global efforts towards sustainability and
reducing carbon footprint. Additionally, manufacturers are adopting
eco-friendly production processes, minimizing waste, and conserving energy.
This trend reflects a fundamental shift in consumer preferences, where
eco-conscious choices and environmentally friendly products are becoming key
decision-making factors. As sustainability continues to be a driving force in
consumer behavior, the residential outdoor storage market is witnessing a
proliferation of eco-friendly storage solutions, signaling a significant
industry transformation.
Modular and Customizable Storage Solutions
Modular and customizable outdoor storage solutions
have emerged as a prominent trend in the market, offering homeowners
flexibility and adaptability in managing their storage needs. These modular
storage systems feature individual components that can be combined and
configured according to specific requirements. Whether it's gardening tools,
outdoor furniture, or sports equipment, homeowners can customize their storage
units to accommodate diverse items efficiently. The ability to expand or
reconfigure storage units as needs change provides a versatile solution for
homeowners, ensuring that their storage space evolves with their lifestyle.
This trend not only enhances user experience but also addresses the challenge
of limited space in urban environments. Consumers appreciate the freedom to
design their storage solutions, tailoring them to fit unique spaces and
organizational preferences. As urban living spaces become more compact, modular
and customizable outdoor storage solutions are becoming increasingly popular,
offering a practical and adaptable storage solution for modern homeowners.
Contactless Purchases and Online Customization
Tools
The residential outdoor storage market is undergoing
a digital transformation, with a surge in contactless purchases and the
integration of online customization tools. Consumers now have the convenience
of browsing a wide range of storage options from the comfort of their homes
through e-commerce platforms. Online retailers offer interactive customization
tools that allow customers to design their storage units virtually. These tools
enable users to select dimensions, materials, colors, and additional features,
providing a personalized and tailored experience. Contactless purchasing
options, coupled with virtual customization tools, empower consumers to make
informed decisions and visualize the end product before making a purchase. The
integration of augmented reality (AR) and virtual reality (VR) technologies
further enhances the online shopping experience, allowing consumers to
virtually place storage units in their outdoor spaces, ensuring a perfect fit
and aesthetic harmony. This trend not only aligns with the growing preference
for online shopping but also offers a seamless and immersive buying journey for
consumers. As digital tools continue to evolve, the residential outdoor storage
market is embracing these technologies to provide a user-centric and convenient
shopping experience, driving the market towards a more digitally integrated
future.
Innovative Storage Solutions for Compact Living
Spaces
With the increasing trend of urbanization and
compact living spaces, the residential outdoor storage market is witnessing a
surge in innovative storage solutions designed to optimize limited outdoor
areas. Manufacturers are developing space-saving storage units, such as
vertical sheds, wall-mounted cabinets, and foldable storage systems, catering
to homeowners with restricted outdoor space. These innovative designs maximize
vertical space, allowing homeowners to store their belongings efficiently
without occupying significant ground area. Compact storage solutions are
crafted with meticulous attention to design and functionality, ensuring that
even small outdoor spaces can be utilized effectively. The demand for these
space-saving solutions is driven by the need for efficient storage in urban
dwellings, balconies, and small gardens. As more individuals embrace urban
living, innovative outdoor storage solutions that make the most out of limited
spaces are becoming indispensable. The market's focus on optimizing storage
options for compact living spaces reflects a growing consumer need and is
expected to shape the market landscape significantly.
Segmental Insights
Material Insights
Based on material, the plastic segment account led
to a market size of USD 621.0 million in 2022. It is expected to grow at a CAGR
of 4.2% from 2023 to 2030. Residential outdoor storage products made from
plastic material are anticipated to witness high demand over the forecast
period. Plastics remain popular in the market among consumers due to their
availability in a wide variety of shapes and sizes along with their
water-resistant properties. Various
outdoor products made up of plastics such as patio storage containers, bench
deck boxes, storage sheds, and outdoor shelves keep the storage items dry and
mold-free in all seasons.
The high impact and tear resistance offered by
plastic material are due to their long and chained polymer structure, which
provide the material with its elasticity and high tensile strength against
brittle fracture and cracking. The rising adoption of high-density polyethylene
(HDPE) in making cabinets, shelves, and deck boxes, owing to their
cost-effectiveness, high quality, and water & chemical resistance, is
anticipated to increase the adoption of plastic materials.
Wood is used to make different types of sheds in
residential spaces, such as bike or bicycle sheds, car sheds, garden sheds,
tool sheds, and firewood storage sheds. Various shed construction techniques,
such as building on a solid foundation, roof trusses, and implementation of
sturdy frame & weather-resistant exterior grade plywood, are prevalent in
different countries including the U.S., New Zealand, and Australia.
Outdoor residential storage products such as
shelves and sheds made from metal materials are expected to gain a prominent
market share owing to their high usage in the form of racks. These can store
heavy items including automotive spare parts and hand and powertools in outdoor
conditions. Steel is one of the most widely used materials used to produce
outdoor shelves and storage racks owing to its robustness and durability. Steel
storage products are easy to maneuver and construct for both normal and heavy product
storage including hand tools and power tools.
Distribution Channel Insights
The retail distribution channel segment led the
market with the largest revenue share of 49.3% in 2022. Retail is the most common
distribution channel in the market. Consumers procure these products including
deck boxes, bins, totes, outdoor shelves, outdoor benches, cabinets, and sheds
directly from shop owners as it is convenient, and often comes pre-equipped
with transportation, & installation services.
Products including deck boxes, cabinets, storage
benches, and outdoor shelves are smaller storage items that can be directly
sold even by a smaller retailer. However, large products including sheds and
shipping containers are primarily sold by larger retailers that have a strong
market presence, in turn, displaying their dominance in the retail distribution
channel.
The wholesale segment was valued at USD 343.5
million in 2022 and is expected to reach USD 463.8 million by 2030. The
wholesale distribution channel undertakes more financial risk when compared to
the retailers, since wholesalers purchase the product in bulk from the
manufacturers, thereby taking full legal responsibility for the same. As a
result, the pivotal role of wholesalers includes the procurement of products in
bulk and their storage until it is required by the retailer or by the customer
in the market.
Product Insights
The outdoor storage benches & cabinets product
segment is projected to grow at the fastest CAGR of 6.3% from 2023 to 2030.
Cedar, pine, and teak are the best types of wood to manufacture outdoor benches
due to their high strength and water-resistant properties. However, cedar and
teak are expensive compared to pine and as a result, pine is highly used to
design and produce storage benches and cabinets. Metal is another material used
to produce storage benches owing to its high durability and low price. However,
metal benches lack comfort, which is likely to slow down the market growth for
outdoor storage benches made from metal.
The shipping container segment accounted for a
revenue share of 21.4% in 2022. The segment is further expected to grow at a
CAGR of 4.2% over the coming years. This is due to the rising consumer
preference for customized and durable backyard storage options outside the
residential premises. Safe and secure storage for repair & maintenance
equipment such as hand & power tools, lawnmowers, and hedge clippers are
expected to boost the demand for shipping containers. These containers present
a strong and highly spacious storage option for various essential items for
lawn & garden maintenance.
The shed product segment accounted for the largest
revenue share of 58.1% in 2022. Sheds in residential premises are primarily
used for storage and as covering for various items including bicycles,
vehicles, and garden items. Storage and garden sheds are the most-used
applications made. These are usually made from wood, plastic, or metal. Storage
sheds are used for the storage of residential equipment such as mechanical
& electrical tools & equipment, extra furniture, cleaning items, wooden
logs, and stoves.
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Regional Insights
The North America regional segment dominated the
market and accounted for the largest revenue share of 56.8% in 2022. The
prevailing trend of constructing patios or pergolas outside residential
premises for recreational and leisure activities is further contributing to the
demand for residential outdoor storage, including deck boxes, bins, totes,
outdoor shelves, outdoor storage benches, cabinets, etc. The rising consumer
emphasis on outdoor activities in North America, coupled with the increasing
demand for outdoor storage due to the changing lifestyle of the masses, is
expected to fuel the demand for outside stowing various items such as log
woods, cleaning fabrics, pillows, and towels that are used for dining and
partying outdoors, as well as in pool activities.
Moreover,
the easy availability of wood in the U.S. and Canada is expected to lead to
large-scale production of residential outdoor storage made from wood in these
countries. Wood is used for developing sheds, outdoor shelves, cabinets, and
deck boxes. These storages are anticipated to witness an increased demand in
North America due to the increasing number of residential buildings, especially
in suburban areas owing to the easy availability of adequate land for
developing them. The Europe segment is forecasted to grow at a compound annual
growth rate of 4.0% from 2023 to 2030. The rising consumer concerns about
improving storage facilities in their residential spaces to enhance the indoor
appearance of their homes is anticipated to drive the demand for outdoor
storage in Europe over the coming years.
The
growing number of new residential construction activities and ongoing
renovations of existing residential premises in Europe are expected to fuel the
use of various tools and equipment such as wood-cutting tools; paint and polish
cans; handheld and power tools; lawnmowers; and house windows glass cleaners in
the region. As these tools and equipment take a significant space inside
residential buildings, outdoor sheds, garages, and residential shipping
containers can be used to store them for proper management of space, and product
stowing; the European region is expected to witness promising growth during the
forecast period.
Recent Developments
- October 2022 - Suncast, a leading player in the
outdoor storage solutions industry, revealed its innovative lineup of residential
outdoor storage units. The new products feature cutting-edge materials and
design elements aimed at enhancing durability and weather resistance. Suncast's
storage solutions are engineered to withstand extreme weather conditions,
ensuring long-lasting performance. The company's emphasis on sustainable
materials is reflected in their eco-friendly storage designs, aligning with the
growing consumer demand for environmentally conscious products. These storage
units offer ample space for homeowners to store garden tools, outdoor
furniture, and other belongings securely, enhancing outdoor living spaces while
ensuring optimal organization and protection from the elements.
- March 2022 - Keter, a global leader in outdoor
storage solutions, launched its latest range of residential storage products
tailored to meet the evolving needs of homeowners. The new lineup includes
versatile storage sheds, deck boxes, and cabinets, all crafted from
high-quality, weather-resistant materials. Keter's storage solutions integrate
smart design features, such as adjustable shelving and secure locking systems,
providing homeowners with convenient and customizable storage options. The
company's focus on user-friendly designs and aesthetic appeal has resulted in
storage units that seamlessly blend with various outdoor environments,
enhancing the overall appearance of residential properties.
- July 2021 - Rubbermaid, a renowned name in home
organization and storage solutions, introduced a series of technologically
advanced residential outdoor storage products. These innovative storage
solutions are equipped with intelligent climate control features, ensuring the
protection of stored items from temperature fluctuations and humidity.
Rubbermaid's storage units come with built-in ventilation systems, preventing
mold and mildew growth while maintaining optimal storage conditions for
belongings. The company's commitment to sustainable practices is evident
through the use of recyclable materials in their products, aligning with the
environmentally conscious choices of today's consumers. Rubbermaid's storage
solutions cater to a wide range of storage needs, from gardening equipment to
outdoor toys, providing homeowners with efficient and reliable storage options
for their outdoor spaces.
Key Market Players
- ShelterLogic Group
- Lifetime
Products
- Suncast
Corporation
- CEDARSHED
USA
- Tuff Shed
Inc.
- Backyard
Buildings & More
- Keter
- Rubbermaid
- Leisure
Season Ltd
- Barnyard
Utility Buildings
|
By Material
|
By Distribution Channel
|
By Product
|
By Region
|
|
|
- Shipping Containers
- Sheds
- Deck Boxes
- Bins & Totes
- Outdoor Shelves
- Outdoor Storage Benches & Cabinets
|
- Retail
- Wholesale
- E-Commerce
|
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
|
Report Scope:
In this report, the Global Residential Outdoor
Storage Market has been segmented into the following categories, in addition to
the industry trends which have also been detailed below:
- Residential Outdoor Storage Market, By Material:
o Wood
o Plastic
o Metal
o Others
- Residential Outdoor Storage Market, By Distribution Channel:
o Shipping Containers
o Sheds
o Deck Boxes
o Bins & Totes
o Outdoor Shelves
o Outdoor Storage Benches & Cabinets
- Residential Outdoor Storage Market, By Product:
o Retail
o Wholesale
o E-Commerce
- Residential Outdoor Storage Market, By Region:
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ France
§ United Kingdom
§ Italy
§ Germany
§ Spain
§ Belgium
o Asia-Pacific
§ China
§ India
§ Japan
§ Australia
§ South Korea
§ Indonesia
§ Vietnam
o South America
§ Brazil
§ Argentina
§ Colombia
§ Chile
§ Peru
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Turkey
§ Israel
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Residential
Outdoor Storage Market.
Available Customizations:
Global Residential Outdoor Storage market report
with the given market data, Tech Sci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
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market players (up to five).
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