Asia Pacific Outdoor Living Structure Market Size & Outlook
Asia Pacific outdoor living structure market, 2018-2030 (US$M)
Asia Pacific outdoor living structure market highlights
- The Asia Pacific outdoor living structure market generated a revenue of USD 398.4 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, pergolas/patio was the largest revenue generating product in 2023.
- Pergolas/Patio is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 398.4 million |
| Market revenue in 2030 | USD 639.3 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Pergolas/patio |
| Fastest growing segment | Pergolas/Patio |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pergolas/Patio |
| Key market players worldwide | Scandium Canada Ltd Ordinary Shares, Renson, Outdoor Living Supply, Absolute Outdoor, Corradi USA, Totally Outdoors, Outdoor World Direct, Aussie Outdoor Living |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.2% of the global outdoor living structure market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 161.6 million by 2030.
Pergolas/patio was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific outdoor living structure market based on pergolas/patio covering the revenue growth of each sub-segment from 2018 to 2030.
Highly dynamic economic growth in the region is anticipated to create great opportunities for foreign investors. Asia Pacific region includes countries such as China, Japan, India, Australia, South Korea, and ASEAN countries. Presence of emerging economies coupled with high population, progress made in lifestyle, change in work culture are likely to drive the building and construction activities in the region.
Asia Pacific region has strong global trading network and many manufacturers operating in building and construction industry are strategically expanding towards the region. Financial conditions in countries such as China, Japan and India have a significant impact on the region’s economic conditions.
Asia Pacific region has been severely hit by the corona virus pandemic and at present, the region is on the phase of recovery. The countries within the Asia Pacific region have strengthened their economic ties in the past decade and this is anticipated to create an optimism for the economic revival of the countries.
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Outdoor Living Structure Market Scope
Outdoor Living Structure Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific outdoor living structure market
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