Outdoor sheds are widely used for storage purposes in residential, commercial, and industrial sectors worldwide. A few factors, such as continuously rising focus on infrastructure development and expanding residential complexes and increasing investments in research and development by outdoor shed designing and manufacturing companies across Europe and the US, are anticipated to boost the growth of the outdoor shed market. Europe is a key region contributing to the market growth, and countries such as Germany, France, Italy, and the UK are major contributors to the regional market. Increasing industrial and infrastructural operations in Europe, especially in Germany and France, led to a rise in the number of construction projects, which is propelling the demand for outdoor industrial sheds for storing heavy machinery, such as construction tools. Due to the increasing investment in infrastructure in the US and significant consumer spending on home repairs and renovations, the construction business is thriving, thus bolstering the growth of the outdoor shed market in the country. Further, the demand for outdoor sheds in the US is gaining momentum owing to the popularity of gardening and customers’ initiatives to maintain their lawns. Furthermore, customers also require outdoor storage space for various equipment such as bicycles, ski gear, camping equipment, and fitness equipment to continue their active lifestyles
Biohort GmbH, Keter Group, Keops Interlok Log Cabins, Estonian Log Cabins LLC and Eurovudas Ltd – Prominent Market Participants in the Europe & US Outdoor Shed Market
With the growing industrialization across automotive and construction sector, there is a continuous need for a storage area for storing all equipment, tools, and raw materials at one location. Therefore, the demand for outdoor sheds is rising in several industries. Moreover, steel is the most preferred material for building outdoor industrial sheds owing to its properties, such as highly durable and sturdiness. As it is considered the strongest metal-based material, steel-based products are long-lasting. Further, the use of steel sheds has increased as they do not rot or get destroyed by pests. These sheds require lesser maintenance compared to wooden sheds. Further, it is also much easier to clean steel sheds with a pressure washer or water hose pipes. Moreover, the sheds can withstand extreme temperatures.
Biohort GmbH, Keter Group, Keops Interlok Log Cabins, Estonian Log Cabins LLC and Eurovudas Ltd. are some of the key market players operating in the Europe & US outdoor shed market. The listing of key players is derived by considering multiple factors such as overall revenue, current managed network services product portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the managed network services ecosystem, which were analyzed during the course of this market research study, such as Lifetime Products, Palmako AS, Steeltech Sheds, Tiger Sheds and Yardmaster International.
Most of the market initiatives were observed in US, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:A few of the important Europe & US outdoor shed market initiatives from the industry are mentioned below:
| Year | Development | Region |
| 2022 | For a prominent ecommerce shed brand Manchester-based Chief Productions, and Flipbook have unveiled a new TV ad campaign for Tiger Shed. The advertisements, which will run through June 2022, capture customers’ need for extra space in their homes and gardens by depicting a typical family going about their daily lives while also looking for an outdoor structure to serve as their home office and storage space. | Europe |
| 2021 | UBQ Materials, developer of the most climate-positive thermoplastic material on the market, entered into a partnership with Keter Group, to incorporate UBQ™ into multiple product lines to achieve the sustainability goal of incorporating 55 percent recycled content in its product line by 2026. weather insights to help customers make decisions that minimize risks and maximize growth. | Global |
