North America Outdoor Living Structure Market Growth & Trends

The North America outdoor living structure market size is expected to reach USD 2,407.2 million by 2030, expanding at a CAGR of 6.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the rising trends of construction of dining and leisure areas, primarily in developed economies such as the U.S. and Canada. In addition, high investments by homeowners for the extension of living areas during the COVID era are expected to drive market growth.

The rising disposable income of the population in emerging regions of the U.S. is expected to create growth opportunities for the outdoor living structures market in the coming years. Moreover, the growing construction of backyard cottages or accessory dwelling units is expected to add to the demand for outdoor living structures. They can be utilized as assisted living facilities for the elderly, study rooms for children, storage rooms for house stuff, and rental units for additional income.

The decreasing number of joint families in several parts of the world owing to the migration of people to other cities and countries for jobs, marriages, and education is expected to reduce the demand for large single-family homes and thus, negatively impact the demand for outdoor living structures. The prevailing trend of nuclear families globally has led to increased adoption of apartment housing units owing to their limited space requirements and low costs. This is also expected to negatively impact the growth of the U.S. outdoor living structures market over the forecast period.

The market exhibits strong competition owing to its fragmented nature. The key players in the market include Renson, Absolute Outdoor Living, and Corradi. These players are also investing in material and technological development in terms of designs, sizes, fittings, automated systems, and sound. Companies in the market are focusing on maintaining strong relationships with distributors to gain access to other markets and increase their market share.

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North America Outdoor Living Structure Market Report Highlights

·         Pergolas/patios dominated the outdoor living structures market and accounted for USD 625.5 million in 2022. Pergolas/patios are an open garden features forming a shaded sitting area, walkway, and passageway of pillars or vertical posts that support latticework beams, rafters, and stringers. They can be used for several applications, including cocktail bars, dining areas, outdoor kitchens, and living areas. The rising trend of decorating backyards for leisure and relaxation activities is expected to increase the demand for pergolas over the forecast years

·         The wood material type segment led the market, and accounted for the largest revenue share, and was valued at USD 516.2 million in 2022. Wood is the most common material used for manufacturing outdoor living structures due to its easy manufacturing process and its sustainability. Wood also imparts aesthetic appeal and is widely available. Storage products made from wood can be painted and polished in any color to match the surrounding residential area, offering an attractive look to the landscape. These above-mentioned factors are expected to increase the demand for wood in the coming years

·         Composite materials used in construction of outdoor living structures is growing at a fastest CAGR of 6.8% in terms of revenue over the forecast year. The adoption of composite materials has increased in the recent past owing to their benefits like being economical, versatile, and durable. These materials offer the advantages of both plastic and wood, which increases their preference over other materials. Moreover, the growth in demand for composite material in modular construction, coupled with surging popularity and awareness of its benefits for outdoor living structures is expected to augment the product demand in North America over the coming years

·         The U.S. led the outdoor living structures market in North America and accounted for USD 1.25 billion in 2022. Growing demand for professional landscaping, vegetable gardens, outdoor fireplaces, outdoor area rugs, and peace and relaxation are key factors driving the demand for outdoor living structures in the U.S. Outdoor living structures offer quiet and calm places to refresh and recharge, as well as a comfortable time away from electronic gadgets. The rising utilization of outdoor spaces in suburban areas is expected to lead to market growth

North America Outdoor Living Structure Market Segmentation

Grand View Research has segmented the North America outdoor living structures market based on product, material, and region:

North America Outdoor Living Structure Product Outlook (Revenue, USD Million; 2018 - 2030)

·         Pergolas/Patios

·         Pavilions/Gazebos

·         Sheds

North America Outdoor Living Structure Material Outlook (Revenue, USD Million; 2018 - 2030)

·         Wood

·         Metal

·         Plastic

·         Composite

·         Fabric

·         Others

North America Outdoor Living Structure Regional Outlook (USD Million; 2018 - 2030)

·         North America

o    U.S.

o    Canada

o    Mexico

List of Key Players in North America Outdoor Living Structure Market

·         Renson Outdoor

·         Outdoor Structure Company LLC

·         Outdoor Living

·         Absolute Outdoor Living

·         Corradi

·         Lifetime Products

·         ShelterLogic Group

·         CEDARSHED USA

·         Tuff Shed Inc.

·         Backyard Buildings & More

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