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Outbuildings Market

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Outbuildings Market Size, Share, Growth, and Industry Analysis, By Types (Garages, Sheds, Greenhouses, Others), By Applications Covered ( Household Use, Commercial Use), Regional Insights and Forecast to 2033

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Last Updated: June 16 , 2025
Base Year: 2024
Historical Data: 2020-2023
No of Pages: 113
SKU ID: 25838759
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  • Summary
  • TOC
  • Drivers & Opportunity
  • Segmentation
  • Regional Outlook
  • Key Players
  • Methodology
  • FAQ
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Outbuildings Market Size

The Outbuildings Market was valued at USD 1,415.88 million in 2024 and is expected to reach USD 1,452.69 million in 2025, growing to USD 1,783.75 million by 2033. This represents a compound annual growth rate (CAGR) of 2.6% over the forecast period from 2025 to 2033.

The U.S. Outbuildings Market is a key player in the global landscape, driven by strong demand for garages, sheds, and greenhouses. The market benefits from rising home improvement trends and growing interest in sustainable living solutions.

Outbuildings Market

The outbuildings market is experiencing substantial growth, with a notable shift in consumer preferences toward versatile storage and space solutions. Garages hold the largest market share, accounting for approximately 40% of the total outbuildings market, driven by the demand for vehicle storage and equipment storage. Sheds and greenhouses are gaining traction, representing 30% and 20%, respectively. These structures provide additional utility, particularly in residential and gardening sectors. The remaining 10% of the market is covered by other types of outbuildings, which include utility and storage sheds. Household use dominates the market at 60%, while commercial applications make up 40%. Regionally, North America and Europe lead the market with a combined share of 70%, with significant growth in the Asia-Pacific region, which is expected to account for around 20% of the market by 2033.

Outbuildings Market Trends

The outbuildings market is poised for steady growth, with key types like garages holding a dominant market position at approximately 40%. This is followed by sheds, which contribute 30%, fueled by the rising demand for backyard storage solutions. Greenhouses have also seen considerable growth, capturing 20% of the market as gardening and home farming practices continue to rise in popularity. Other types of outbuildings make up the remaining 10%, offering niche solutions for utility and storage needs.

In terms of applications, household use leads with a substantial share of around 60%. This is largely driven by homeowners seeking extra storage space for tools, seasonal items, and recreational equipment. Commercial use, though smaller, accounts for about 40% of the market, as small businesses and startups increasingly turn to outbuildings for affordable workspace and storage solutions.

Regionally, North America and Europe command a combined share of approximately 70%, driven by a stable housing market, urban expansion, and the popularity of DIY projects. The Asia-Pacific region, while smaller, is rapidly growing and is projected to capture 20% of the market by 2033, bolstered by an increase in residential construction and small-scale commercial developments. The Middle East and Africa, along with Latin America, are also expected to show moderate growth, contributing to the overall global market expansion.

Outbuildings Market Dynamics

The outbuildings market is influenced by a variety of factors, including urbanization, changing consumer lifestyles, and increased interest in home gardening and DIY projects. Consumer preferences for additional storage and workspace solutions, coupled with the rise in home-based businesses, are driving market growth. The types of outbuildings, such as garages, sheds, and greenhouses, are benefiting from trends in home improvement, and these structures are becoming more versatile. The market dynamics also reflect regional variations, with North America and Europe being the primary markets, while Asia-Pacific shows rapid growth due to increased residential and commercial construction activities. These dynamics are contributing to a positive market outlook through 2033.

Drivers of Market Growth

"Rising demand for sustainable living and home improvement projects"

The market for outbuildings is driven by the increasing trend toward sustainable living and home improvement. More homeowners are opting for eco-friendly solutions such as greenhouses for urban farming and gardens, which have grown by 15% in recent years. Additionally, the growing preference for multifunctional spaces has led to an uptick in demand for sheds and garages, particularly in suburban areas where additional space is needed for storage and recreational purposes. With the rise of the DIY culture and the growing popularity of home-based businesses, the demand for outbuildings has surged, particularly in North America and Europe, where home improvement projects have seen a steady rise.

Market Restraints

" Limited space availability in urban areas"

One of the main restraints facing the outbuildings market is the limited availability of space in urban environments. As cities become more crowded, especially in regions like Europe and North America, homeowners often struggle to find room for additional structures like sheds and garages. In densely populated areas, zoning regulations, land use restrictions, and high property prices restrict the expansion of residential properties, making it difficult for consumers to invest in outbuildings. This constraint may limit growth in highly urbanized areas, where space is at a premium, and could slow the overall market development in certain regions.

Market Opportunities

"Growth in residential construction and home-based businesses"

The outbuildings market is poised for growth as opportunities arise from the booming residential construction market and the increasing number of home-based businesses. In regions such as North America and Asia-Pacific, residential construction has seen a sharp rise, leading to an increased need for additional storage and workspace solutions like garages and sheds. This growth in residential developments presents an opportunity for manufacturers to cater to consumers looking to maximize their property’s functionality. Additionally, the rise of home-based businesses and remote working setups is driving demand for outbuildings that offer affordable and flexible workspace solutions, with an expected increase in demand for custom and modular buildings.

Market Challenges

"Rising material costs and supply chain disruptions"

A key challenge for the outbuildings market is the increasing cost of raw materials and supply chain disruptions, which are affecting the affordability and timely availability of outbuilding components. Steel, wood, and other essential materials have seen price hikes in recent years, and logistics bottlenecks have led to delays in production and delivery. These issues have put pressure on manufacturers, driving up the costs of constructing outbuildings. Additionally, the ongoing global supply chain challenges are likely to persist, which may impact the production timelines and cost-effectiveness of building materials, limiting growth potential in certain regions and for some market players.

Segmentation Analysis

The outbuildings market can be segmented by type and application, with distinct trends emerging in both categories. By type, garages, sheds, greenhouses, and other outbuildings cater to various needs in residential and commercial sectors. Each type serves a unique purpose, whether for storage, workspace, or gardening. By application, the market is divided into household and commercial uses. Household applications make up the majority of the market, driven by the increasing need for extra storage and utility space. Commercial applications are also growing, especially with the rise of small businesses and demand for affordable workspace solutions. These segments provide valuable insights into the preferences and purchasing behaviors of consumers in different regions.

By Type

  • Garages: Garages are the largest segment in the outbuildings market, accounting for approximately 40% of the market share. This segment’s growth is driven by the need for vehicle storage and the growing trend of using garages for additional purposes such as workshops or storage areas. Garages are typically associated with suburban homes, where space is more abundant. With more consumers investing in cars and vehicles, especially in North America and Europe, garages continue to be a priority for residential and commercial properties. Additionally, garages are also increasingly being used as additional living or office spaces, contributing to their popularity.
  • Sheds: Sheds hold a significant share in the market, representing around 30%. These outbuildings are primarily used for storage purposes, including tools, equipment, and seasonal items. The surge in home improvement and DIY activities, particularly in suburban areas, has led to an increased demand for sheds. Sheds offer an affordable and flexible solution for homeowners and businesses seeking extra space without the need for major structural modifications. The demand for sheds is expected to continue growing as homeowners increasingly focus on creating efficient outdoor spaces for storage and leisure.
  • Greenhouses: Greenhouses make up approximately 20% of the outbuildings market. The growing interest in home gardening, urban farming, and sustainable living practices has driven the demand for greenhouses. These structures provide an ideal environment for cultivating plants, vegetables, and flowers, making them increasingly popular in residential properties, especially in regions with colder climates. Greenhouses are also gaining traction among commercial agricultural businesses looking to expand their operations in a controlled environment. As urban farming and organic gardening become more mainstream, the greenhouse segment is projected to grow steadily.
  • Others: The "Others" category, which accounts for the remaining 10% of the market, includes various types of outbuildings such as utility sheds, tool sheds, and small-scale storage units. These outbuildings are often customized to meet specific needs, ranging from small storage solutions to larger utility buildings for businesses. While this segment has a smaller share, it is gaining attention from consumers looking for niche storage and workspace solutions. This category is expected to see gradual growth as consumers seek more tailored outbuilding options.

By Application

  • Household Use: Household use dominates the outbuildings market, making up around 60% of the market share. Homeowners are increasingly investing in outbuildings to expand storage capacity, create functional outdoor spaces, and improve the overall utility of their properties. Garages, sheds, and greenhouses are common choices for household applications, providing much-needed space for vehicles, tools, and gardening equipment. Additionally, with the rise of home-based businesses, many homeowners are turning to outbuildings as workspaces or hobby areas. The growing trend of remote work and DIY home projects is further boosting the demand for outbuildings in residential applications.
  • Commercial Use; The commercial use segment accounts for approximately 40% of the outbuildings market. Small businesses, startups, and entrepreneurs are increasingly turning to outbuildings for affordable and flexible workspace solutions. Sheds, garages, and utility buildings are being used for storage, workshops, and offices, especially in areas where commercial real estate costs are high. This segment is growing as the need for cost-effective and scalable space solutions becomes more pronounced. Additionally, commercial applications for greenhouses are expanding as businesses in the agriculture and horticulture industries invest in controlled environments for growing crops and plants.
report_world_map

Outbuildings Regional Outlook

The regional outlook of the outbuildings market reveals significant differences in demand and growth across various regions. North America and Europe are currently the dominant markets, owing to a combination of higher disposable incomes, well-established residential sectors, and a high rate of home improvement and DIY activities. The Asia-Pacific region is experiencing rapid growth, driven by an increase in residential and commercial construction. Meanwhile, the Middle East and Africa, along with Latin America, are showing moderate growth potential, with rising urbanization and the growing need for extra space in both residential and commercial sectors.

North America

North America holds a significant share of the outbuildings market, accounting for approximately 40% of the global market. The region’s robust housing market and the growing interest in home improvement projects contribute to the high demand for outbuildings such as garages, sheds, and greenhouses. The United States is the leading market in this region, with consumers investing in outbuildings for both functional and recreational purposes. The rise of small businesses and home-based entrepreneurs in North America further drives demand for outbuildings as workspace solutions. Urban sprawl and suburban growth are also key factors influencing the market in the region.

Europe

Europe is another key region in the outbuildings market, with a market share of around 30%. Countries such as the United Kingdom, Germany, and France are driving the demand for outbuildings, particularly for residential use. Homeowners in Europe are increasingly seeking additional storage and workspace solutions as urban living spaces become smaller and more expensive. The popularity of gardening and sustainable living practices in the region also supports the growth of greenhouses and sheds. Europe’s mature housing market and strong preference for DIY projects contribute to the steady demand for outbuildings across the region.

Asia-Pacific

The Asia-Pacific region is one of the fastest-growing markets for outbuildings, with an expected share of 20% by 2033. Rapid urbanization, rising disposable incomes, and increasing residential and commercial construction activities are fueling the demand for outbuildings. In countries like China, India, and Japan, there is a growing need for additional space for storage, workspace, and gardening. The increase in home ownership and the trend of home-based businesses are also driving the market in this region. As urban areas continue to expand, the demand for affordable and versatile outbuildings is expected to rise, making Asia-Pacific a key growth area.

Middle East & Africa

The Middle East & Africa (MEA) region, while smaller in comparison to other regions, is expected to see steady growth in the outbuildings market. The demand for outbuildings in MEA is driven by the growing urban population, rapid infrastructure development, and the increasing need for storage and workspace solutions in both residential and commercial sectors. Countries like Saudi Arabia, UAE, and South Africa are seeing a rise in construction activities, contributing to the demand for outbuildings. Additionally, with the region’s growing interest in sustainable living, there is an emerging market for greenhouses and garden-related outbuildings. This moderate growth in MEA is supported by ongoing infrastructure projects and a shift toward more functional living spaces.

LIST OF KEY Outbuildings Market

  • Backyard Products
  • Newell Rubbermaid
  • Keter Plastic
  • Lifetime
  • Arrow Sheds
  • Suncast
  • Palram
  • US Polymer
  • Rowlinson
  • YardMaster
  • Albany
  • EY Wooden
  • OLT
  • Chongqing Caisheng
  • Trimetals
  • Hartwood

Top 2 Companies with Highest Market Share

  • Keter Plastic – Holding approximately 25% of the outbuildings market share, Keter Plastic is a leading manufacturer known for its high-quality storage solutions, including sheds, garages, and garden products.
  • Lifetime – With around 18% market share, Lifetime is a major player in the market, offering durable, weather-resistant outbuildings such as storage sheds, garages, and recreational storage solutions.

Investment Analysis and Opportunities

The outbuildings market offers substantial investment opportunities due to the growing need for additional storage and workspace solutions. The market is currently valued with North America and Europe holding a significant share of around 70% combined, reflecting the increased demand for garages, sheds, and greenhouses. Investment is driven by the rise of home-based businesses and the growing interest in urban farming and gardening. The demand for modular and customizable outbuildings is another key opportunity, with these products being sought after for both residential and commercial applications. Additionally, emerging markets like Asia-Pacific, which is expected to capture about 20% of the market share by 2033, offer significant growth potential. Investments in sustainable products, including energy-efficient and eco-friendly outbuildings, are also gaining traction as environmental concerns rise. This opens avenues for investors to focus on developing products with sustainable materials, further boosting growth in the market.

NEW PRODUCTS Development

New product developments in the outbuildings market are primarily focused on sustainability, customization, and technological integration. Companies are innovating by offering modular and customizable outbuildings, allowing consumers to adapt these structures for various uses. Around 15% of new product launches in 2023 focused on eco-friendly materials, such as recycled plastics and sustainably sourced wood, catering to the increasing demand for environmentally conscious solutions. The rise of urban gardening has led to the introduction of 10% more greenhouse models with automated climate control systems and efficient water management features. These new products are designed to meet consumer needs for energy-efficient, low-maintenance, and adaptable outbuildings, responding to the growing trend in home-based businesses and urban farming. These product innovations are expected to fuel continued market growth.

Recent Developments by Manufacturers in Outbuildings Market 

  • Keter Plastic launched a range of modular sheds in 2023, using eco-friendly materials, capturing approximately 5% more market share by catering to sustainability-conscious consumers.
  • Lifetime introduced a new line of storage sheds in 2024, made from recycled plastics, driving a 7% increase in their market share due to the eco-friendly appeal.
  • Arrow Sheds expanded their product portfolio by introducing larger steel-frame garages in late 2023, a move that boosted their market presence by 3%.
  • Suncast unveiled customizable garden sheds in 2024, focusing on adaptability and easy installation, leading to a 4% increase in consumer demand.
  • Palram launched an advanced greenhouse in 2023, featuring automated irrigation and climate control, contributing to an estimated 6% increase in their market share in the agricultural sector.

REPORT COVERAGE of Outbuildings 

The outbuildings market report covers the entire industry landscape, focusing on the market size, share, and growth trends across different types such as garages, sheds, greenhouses, and other outbuildings. It offers insights into the segmentation of the market based on applications, including household use and commercial use, accounting for approximately 60% and 40% of the market, respectively. Regional insights indicate that North America and Europe dominate, representing 70% of the market, while Asia-Pacific is expected to capture 20% by 2033. The report examines the key drivers, restraints, opportunities, and challenges impacting the market’s trajectory, highlighting innovations and new product developments in the sector. Additionally, it provides a competitive landscape analysis with a focus on key players, recent developments, and emerging trends. The report is an essential resource for industry stakeholders, offering actionable insights to navigate the evolving outbuilding market.

Outbuildings Market Report Detail Scope and Segmentation
Report Coverage Report Details

Top Companies Mentioned

Backyard Products, Newell Rubbermaid, Keter Plastic, Lifetime, Arrow Sheds, Suncast, Palram, US Polymer, Rowlinson, YardMaster, Albany, EY Wooden, OLT, Chongqing Caisheng, Trimetals, Hartwood

By Applications Covered

Household Use, Commercial Use

By Type Covered

Garages, Sheds, Greenhouses, Others

No. of Pages Covered

113

Forecast Period Covered

2025 to 2033

Growth Rate Covered

CAGR of 2.6% during the forecast period

Value Projection Covered

USD 1783.75 Million by 2033

Historical Data Available for

2020 to 2023

Region Covered

North America, Europe, Asia-Pacific, South America, Middle East, Africa

Countries Covered

U.S. ,Canada, Germany,U.K.,France, Japan , China , India, South Africa , Brazil

Frequently Asked Questions

  • What value is the Outbuildings market expected to touch by 2033?

    The global Outbuildings market is expected to reach USD 1783.75 Million by 2033.

  • What CAGR is the Outbuildings market expected to exhibit by 2033?

    The Outbuildings market is expected to exhibit a CAGR of 2.6% by 2033.

  • Who are the top players in the Outbuildings Market?

    Backyard Products, Newell Rubbermaid, Keter Plastic, Lifetime, Arrow Sheds, Suncast, Palram, US Polymer, Rowlinson, YardMaster, Albany, EY Wooden, OLT, Chongqing Caisheng, Trimetals, Hartwood

  • What was the value of the Outbuildings market in 2024?

    In 2024, the Outbuildings market value stood at USD 1415.88 Million.

What is included in this Sample?

  • * Market Segmentation
  • * Key Findings
  • * Research Scope
  • * Table of Content
  • * Report Structure
  • * Report Methodology

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