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Outdoor Shed Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Wood Sheds, Metal Sheds, and Plastic Sheds) and Application (Residential, Commercial, and Industrial)

Continued Active Lifestyles to Provide Growth Opportunities for Outdoor Shed Market During 2021–2028

According to our latest market study on “Outdoor Shed Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the market is projected to reach US$ 9,615.28 million by 2028; it is expected to grow at a CAGR of 5.5% from 2021 to 2028.

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The outdoor shed market is segmented into type, application, and geography. Based on type, the market is further segmented into wood sheds, metal sheds, and plastic sheds. In 2021, the metal sheds segment accounted for a significant share in the global outdoor shed market. In terms of application, the market is categorized into residential, commercial, and industrial. In 2021, the commercial segment accounted for a significant share in the global outdoor shed market. Geographically, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA), and South America (SAM). In 2021, Asia Pacific accounted for a significant share in the global outdoor shed market.

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However, with the increase in popularity of gardening and consumers’ penchant for maintaining their lawns and continuing active lifestyles (bicycling, skis, camping equipment, and others), consumers need a place to store such equipment. Moreover, with the do-it-yourself (DIY) concept, most of the people across the globe are building outdoor sheds by themselves with the help of e-commerce for getting the raw materials. Also, with the release of lockdown restrictions in 2021, the manufacturing business has started in full strength, which would help in creating a positive scenario for the outdoor shed market.

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DuraMax, Handy Home Products, Keter, Lifetime Products, PM Impex Pvt. Ltd., Rubbermaid, ShelterLogic, Suncast, Tuff Shed, and Pressmach Infrastructure Private Limited are among the major companies operating in the outdoor shed market.

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