Market Overview:
The global steel covered sheds market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for storage sheds, horizontal sheds, and refuse containers across the globe. In addition, the growing awareness about safety and security is also propelling the growth of this market. The global steel covered sheds market can be segmented on the basis of type into storage shed, horizontal shed, and refuse container. The storage shed segment is expected to account for a major share of the global steel covered sheds market in 2018 owing to its growing popularity among consumers for storing various items such as garden tools & equipment, vehicles, and others. The horizontal shed segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030 due its easy installation process and low cost as compared with other types of steel covered sheds. On basis application ,the global Steel Covered Sheds Market can be classified into Vehicles Storage Sheds ,Garden Tools& Equipment Storage Sheds 、Refuse Containers 、Others . Among these applications ,Vehicles Storage Sheds Segment accounted highest revenue share in 2017 . This trend will continue throughout forecast period owing rising demand for parking spaces globally . Garden Tools& Equipment Storage Sheds Segment will witness highest growth rate over next 10 years because people are more inclined nowadays towards gardening activities .
Product Definition:
Steel Covered Sheds are building structures made of steel sheets and used for storage, workshop or factory purposes. The most important feature that makes steel sheds a better option is the quality and strength of the metal.
Storage Shed:
A storage shed is a building or structure that provides covered space for storing various items. It can be used as a standalone building or attached to another structure such as an house. They are built in different shapes and sizes depending on the available land, requirements, and functionalities. The most common types of storage sheds include pole barns, open-sided buildings with walls on only one side (golf trolleys), and those with walls on all four sides (cribs).
Horizontal Shed:
Horizontal shed is a type of building construction used to cover the structure during its construction and later converted into a finished product. It is also known as a steel-clad building or sometimes as an HSB (Horizontal Steel Building). The main materials used in the construction of horizontal sheds are steel, plastic, wood and aluminum. Horizontal Sheds have preformed panels that are bent to form the shape of the structure which makes it easier for contractors and builders to build.
Application Insights:
The vehicles application segment accounted for the largest revenue share of over 40% in 2017. The steel covered storage shed is widely used to store vehicles and other outdoor equipment. This application segment is projected to witness significant growth on account of increasing disposable income, especially in emerging economies such as China, India and Brazil. Furthermore, the rising demand for recreational vehicles (RVs) is expected to drive product demand over the forecast period.
The garden tools & equipment application segment was valued at USD 281 million in 2017 owing to its wide applications including lawn mowers, trimmers and edgers, weed eaters and garden tractors among others. Growing urban residential areas coupled with a rise in disposable income has led people around the world into investing more into their gardens which subsequently drives product demand globally every year since 2015-16 seasonally adjusted).
Regional Analysis:
Asia Pacific dominated the global steel covered sheds market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing disposable income, growing population, and rapid urbanization & industrialization. In addition, rising awareness regarding green buildings is anticipated to further propel product demand in this region.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high vehicle production coupled with storage requirement during winter season. North America also had a significant market share due to high demand from U.S.
Growth Factors:
- Increasing demand for steel covered sheds due to their durability and low-maintenance requirements.
- Rising popularity of steel sheds as a result of their modern design and aesthetic appeal.
- Growing demand for storage solutions, which is driving the market for steel covered sheds.
- Increasing awareness about the benefits of using steel sheds, which is resulting in higher adoption rates across various regions worldwide. 5) The increasing popularity of DIY projects is also propelling the growth of the global Steel Covered Sheds market
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Covered Sheds Market Research Report
By Type
Storage Shed, Horizontal Shed
By Application
Vehicles, Garden Tools & Equipment, Refuse Containers, Others
By Companies
Backyard Products, Newell Rubbermaid, Craftsman, Lifetime Products, ShelterLogic, Arrow Storage Products, Suncast Corporation, Keter (US Leisure), Palram Applications, US Polymer, Cedarshed, Sheds USA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Steel Covered Sheds Market Report Segments:
The global Steel Covered Sheds market is segmented on the basis of:
Types
Storage Shed, Horizontal Shed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vehicles, Garden Tools & Equipment, Refuse Containers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Backyard Products
- Newell Rubbermaid
- Craftsman
- Lifetime Products
- ShelterLogic
- Arrow Storage Products
- Suncast Corporation
- Keter (US Leisure)
- Palram Applications
- US Polymer
- Cedarshed
- Sheds USA
Highlights of The Steel Covered Sheds Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Storage Shed
- Horizontal Shed
- By Application:
- Vehicles
- Garden Tools & Equipment
- Refuse Containers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Covered Sheds Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel covered sheds are a type of shed that is made from steel sheets that are then covered in a weatherproof material. This type of shed is popular because it is durable and can withstand harsh weather conditions.
Some of the key players operating in the steel covered sheds market are Backyard Products, Newell Rubbermaid, Craftsman, Lifetime Products, ShelterLogic, Arrow Storage Products, Suncast Corporation, Keter (US Leisure), Palram Applications, US Polymer, Cedarshed, Sheds USA.
The steel covered sheds market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Covered Sheds Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Covered Sheds Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Covered Sheds Market - Supply Chain
4.5. Global Steel Covered Sheds Market Forecast
4.5.1. Steel Covered Sheds Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Covered Sheds Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Covered Sheds Market Absolute $ Opportunity
5. Global Steel Covered Sheds Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Covered Sheds Market Size and Volume Forecast by Type
5.3.1. Storage Shed
5.3.2. Horizontal Shed
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Covered Sheds Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Covered Sheds Market Size and Volume Forecast by Application
6.3.1. Vehicles
6.3.2. Garden Tools & Equipment
6.3.3. Refuse Containers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Covered Sheds Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Covered Sheds Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Covered Sheds Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Covered Sheds Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Covered Sheds Demand Share Forecast, 2019-2026
9. North America Steel Covered Sheds Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Covered Sheds Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Covered Sheds Market Size and Volume Forecast by Application
9.4.1. Vehicles
9.4.2. Garden Tools & Equipment
9.4.3. Refuse Containers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Covered Sheds Market Size and Volume Forecast by Type
9.7.1. Storage Shed
9.7.2. Horizontal Shed
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Covered Sheds Demand Share Forecast, 2019-2026
10. Latin America Steel Covered Sheds Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Covered Sheds Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Covered Sheds Market Size and Volume Forecast by Application
10.4.1. Vehicles
10.4.2. Garden Tools & Equipment
10.4.3. Refuse Containers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Covered Sheds Market Size and Volume Forecast by Type
10.7.1. Storage Shed
10.7.2. Horizontal Shed
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Covered Sheds Demand Share Forecast, 2019-2026
11. Europe Steel Covered Sheds Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Covered Sheds Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Covered Sheds Market Size and Volume Forecast by Application
11.4.1. Vehicles
11.4.2. Garden Tools & Equipment
11.4.3. Refuse Containers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Covered Sheds Market Size and Volume Forecast by Type
11.7.1. Storage Shed
11.7.2. Horizontal Shed
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Covered Sheds Demand Share, 2019-2026
12. Asia Pacific Steel Covered Sheds Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Covered Sheds Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Covered Sheds Market Size and Volume Forecast by Application
12.4.1. Vehicles
12.4.2. Garden Tools & Equipment
12.4.3. Refuse Containers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Covered Sheds Market Size and Volume Forecast by Type
12.7.1. Storage Shed
12.7.2. Horizontal Shed
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Covered Sheds Demand Share, 2019-2026
13. Middle East & Africa Steel Covered Sheds Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Covered Sheds Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Covered Sheds Market Size and Volume Forecast by Application
13.4.1. Vehicles
13.4.2. Garden Tools & Equipment
13.4.3. Refuse Containers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Covered Sheds Market Size and Volume Forecast by Type
13.7.1. Storage Shed
13.7.2. Horizontal Shed
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Covered Sheds Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Covered Sheds Market: Market Share Analysis
14.2. Steel Covered Sheds Distributors and Customers
14.3. Steel Covered Sheds Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Backyard Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Newell Rubbermaid
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Craftsman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lifetime Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ShelterLogic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arrow Storage Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Suncast Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Keter (US Leisure)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Palram Applications
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. US Polymer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cedarshed
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sheds USA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
