Enjoy complimentary customisation on priority with our Enterprise License!
The residential outdoor storage products market size is valued to increase by USD 351.6 million, at a CAGR of 4% from 2024 to 2029. Rise in popularity of outdoor living among homeowners will drive the residential outdoor storage products market.
Get Key Insights on Market Forecast (PDF) Request Free Sample
The market encompasses a range of innovative solutions, including steel storage sheds with smart lock technology and modular designs. Manufacturing processes have evolved to incorporate moisture barriers, ensuring product durability and longevity. Moisture barriers contribute to a significant 20% reduction in maintenance procedures, resulting in substantial cost savings for homeowners. Modern manufacturing techniques also prioritize material sourcing from sustainable materials, enhancing environmental protection. Powder-coated finishes and UV-resistant materials provide weatherproof coatings, increasing product lifespan by 50% compared to traditional materials. Additionally, pest control features, lock security mechanisms, and automated door openers offer enhanced protection against theft and damage. Fire-resistant properties and roof structural integrity provide peace of mind for homeowners, while impact resistance and anti-theft devices contribute to increased ROI. Ground anchor systems and customizable dimensions ensure weight capacity ratings meet various requirements, and corrosion resistance and door hinge durability contribute to long-term reliability. High-density polyethylene and assembly techniques ensure water drainage design, while ventilation systems and warranty coverage provide added value. Shelf support systems, security camera integration, and installation instructions streamline usage and customization, making these products an essential investment for homeowners seeking efficient, secure, and sustainable outdoor storage solutions.
The surge in homeowner preference for outdoor living is the primary market catalyst, driving significant growth within this industry.
The trend in residential outdoor storage is shifting towards technological advancements. Technical innovations are increasingly shaping the future of outdoor storage solutions.
The high cost and complexities inherent in installation processes represent significant challenges that hinder industry growth.
The residential outdoor storage products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The sheds segment is estimated to witness significant growth during the forecast period.
The market encompasses a diverse range of items designed for homeowners to store and protect their belongings in outdoor environments. Among these products, sheds have gained significant traction, representing a substantial market segment. Sheds, available in materials like wood, metal, and plastic, cater to various consumer preferences. Wood sheds offer natural beauty and charm, while metal sheds ensure durability and strength. Plastic sheds, lightweight and resistant to rot and decay, are a popular choice. The market's growth is fueled by the increasing trend of utilizing outdoor spaces for activities such as gardening, DIY projects, and outdoor entertaining.
Smart lock technology, manufacturing processes with moisture barriers, modular designs, and material sourcing contribute to the production of high-quality, functional, and attractive sheds. Powder-coated finishes, pest control features, remote access control, and lock security mechanisms ensure optimal protection. Automated door openers, fire-resistant properties, roof structural integrity, and impact resistance add to the sheds' appeal. Anti-theft devices, ground anchor systems, customizable dimensions, and corrosion resistance further enhance their value. Shelves, ventilation systems, and warranty coverage are essential features, while sustainable materials and environmental protection are growing concerns. Weatherproof coatings, maintenance procedures, and assembly techniques ensure long product lifespan.
High-density polyethylene, water drainage design, weight capacity ratings, recycling content, and installation instructions further differentiate the offerings. The market's continuous evolution reflects the industry's commitment to meeting the evolving needs and preferences of homeowners. Approximately 70% of shed sales in the market are attributed to plastic sheds, highlighting their popularity.
The Sheds segment was valued at USD 855.60 million in 2019 and showed a gradual increase during the forecast period.
North America is estimated to contribute 38% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
See How Residential Outdoor Storage Products Market Demand is Rising in North America Request Free Sample
The market in North America is experiencing significant growth due to the increasing emphasis on outdoor living and the utilization of available outdoor spaces. With a highly advanced technology landscape, a skilled workforce, and a robust industrial base, North America holds a prominent position in this market. Homeowners in the region are investing in functional and aesthetically pleasing outdoor living spaces, leading to a surge in demand for storage solutions such as sheds, decks, and boxes. This trend is driven by the desire to maximize the use of outdoor areas and keep them clutter-free. According to industry reports, the North American market for residential outdoor storage products is projected to grow at an impressive rate.
For instance, one study suggests that the market for outdoor storage sheds alone in the United States grew by over 5% in 2020, with a similar growth rate projected for the coming years. This growth can be attributed to the increasing popularity of outdoor living and the need for efficient storage solutions to maintain organized and functional outdoor spaces.
Customer Landscape of Residential Outdoor Storage Products Industry
Companies are implementing various strategies, such as strategic alliances, residential outdoor storage products market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Absco Sheds - This company specializes in providing high-quality residential outdoor storage solutions, including the Space Saver storage unit, Premier garden shed kit, and Regent garden shed kit. These products offer efficient and stylish options for homeowners seeking to optimize their outdoor spaces. The company's commitment to innovation and durability sets it apart in the market.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Residential Outdoor Storage Products Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2025-2029 |
USD 351.6 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
3.6 |
Key countries |
US, China, Germany, UK, Japan, Canada, France, India, South Korea, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
The market continues to experience significant growth, driven by the increasing demand for robust and durable solutions to manage homeowners' expanding storage needs. Two key product categories leading this trend are steel sheds and high-density polyethylene resin sheds. Steel sheds boast impressive wind load capacity, ensuring structural integrity even in harsh weather conditions. In contrast, high-density polyethylene resin sheds offer unique properties, such as UV-resistant material degradation rates and moisture barrier effectiveness. Weatherproof coating longevity testing further enhances both categories' appeal, providing peace of mind for homeowners. Security features are another essential consideration. Ground anchor system installation ensures sheds remain stable and secure against potential theft or wind damage. Customizable shed dimensions and options cater to diverse storage requirements, while door hinge durability and maintenance ensure smooth functionality. Outdoor storage sheds also integrate advanced technologies, such as security cameras and automated door openers, offering enhanced security and convenience. However, pest control features and fire-resistant properties are increasingly important considerations, contributing to the market's growth. Modular storage shed designs and shelf support systems offer flexibility in configuration, while product lifespan and warranty information provide reassurance for long-term investment. Comparatively, steel sheds offer a higher weight capacity limitation than plastic resin sheds, making them a preferred choice for storing heavier items. In the realm of operational planning and supply chain efficiency, understanding the recycling content of plastic resin used in outdoor storage sheds is becoming increasingly important. As consumers become more environmentally conscious, the demand for eco-friendly storage solutions is on the rise. Water drainage system effectiveness is another critical factor, with inadequate drainage potentially leading to structural damage and mold growth. Ultimately, the market continues to evolve, driven by consumer demands for durable, secure, and eco-friendly solutions.
What is the expected growth of the Residential Outdoor Storage Products Market between 2025 and 2029?
USD 351.6 million, at a CAGR of 4%
What segmentation does the market report cover?
The report is segmented by Product (Sheds and Decks and boxes), Distribution Channel (Offline and Online), Material (Plastic, Wood, and Metal), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)
Which regions are analyzed in the report?
North America, Europe, APAC, Middle East and Africa, and South America
What are the key growth drivers and market challenges?
Rise in popularity of outdoor living among homeowners, High cost and complexities associated with installation
Who are the major players in the Residential Outdoor Storage Products Market?
Absco Sheds, Backyard Products LLC, Backyard Storage Solutions LLC, Barnyard Utility Buildings, Better Homes and Gardens, Cedarshed USA, Keter Home and Garden Products Ltd., Leisure Season Ltd., Lifetime Products Inc., Lowes Co. Inc., Newell Brands Inc., Palram Industries Ltd., SHARKCAGE Inc., ShelterLogic Group, Stilla Group, Suncast Corp., The Home Depot Inc., The Home Shoppe, Tuff Shed Inc., and Warner Bros Discovery Inc.
We can help! Our analysts can customize this residential outdoor storage products market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Distribution Channel
10 Market Segmentation by Material
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.