Outdoor Living Structure Market Registering A CAGR Of 6.1% To 2028

Outdoor Living Structure Industry Overview

The global outdoor living structure market size was valued at USD 1.8 billion in 2020 and is expected to grow at a compounded annual growth rate (CAGR) of 6.1% from 2021 to 2028.

Construction of dining and leisure areas is a growing trend, primarily in North America and Europe, which is expected to drive the market over the forecast period. The stay-at-home restrictions imposed by governments across several countries amid the outbreak of the COVID-19 pandemic are expected to create new growth opportunities for the market. Companies offering perpetual work from home opportunity to employees has enabled homeowners to renovate their existing spaces into office, mini gaming zones, grilling spaces, mini-gymnasiums, and yoga spaces.

Gather more insights about the market drivers, restrains and growth of the Global Outdoor Living Structure Market

Incorporation of smart and advanced technologies into the outdoor living spaces is a newly emerging trend in the U.S. and it is anticipated to offer expansion potential for outdoor living structures. The California government has imposed several regulations on ADU sizes, interior space, height, building materials, and electricity utility of the outdoor structures. For instance, the living room/bedroom needs to be at least 70 square feet, the kitchen (along with the hallways and closet) must measure 50 square feet, and the bathroom must be at least 30 square feet and contain a toilet, sink, and a shower stall or tub.

The industry is highly competitive in nature owing to the presence of large number of regional players in the market. The market is customer-centric, wherein consumers are involved in the whole decision-making process. Hence, the industry players tend to focus on providing apt service and quality products to develop a loyal customer base.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports

Magnetic Materials Market: The global magnetic materials market size was valued at USD 29.30 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030.
Safety Helmets Market: The global safety helmets market size was estimated at USD 3.9 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030.

Outdoor Living Structure Market Segmentation

Grand View Research has segmented the global outdoor living structure market on the basis of product and region:

Outdoor Living Structure Product Outlook (Revenue, USD Million; 2017 - 2028)

Pavilions/Gazebos
Pergolas/Patio

Outdoor Living Structure Regional Outlook (Revenue, USD Million; 2017 - 2028)

North America
Europe
Asia Pacific
Latin America
Central South America
Middle East Africa

Key Companies profiled:

Some prominent players in the outdoor living structure market include:

Renson
Outdoor Structure Company LLC
Outdoor Living
Absolute Outdoor Living
Corradi
Luxos
IQ Outdoor Living
Totally Outdoors
Outdoor World
Aussie Outdoor Living
Bosman Homefront
Scandia Canada

Order a free sample PDF of the Outdoor Living Structure Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com