Posts

Showing posts with the label North America Outdoor Living Structure Market Size

North America Outdoor Living Structure Market To Reach $2,407.2 Million By 2030

Image
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 c...