Global Outbuildings market will reach 1480 million US$ by the end of 2025

Global Outbuildings market will reach 1480 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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• Outbuildings are small buildings for keeping things in or working in which are near a house, on the land belonging to it. • Outbuildings refer to any building that is free standing and not attached to your main home. This could include a greenhouse, pool house, shed, gazebo, or barn. One thing that most outbuildings (although not all) have in common that makes them simpler and less expensive to build than a home, is that most of them do not have foundations. The types of outbuildings that do have foundations tend to have only a simple cement slab foundation, rather than the type that sits below ground level. For this reason, outbuildings can be constructed more inexpensively and faster than an addition to your home or a new building with an excavated foundation.

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• The global average price of outbuilding is stable from 2013 to 2017.

With the situation of global economy, prices will be in slowly decreasing trend in the following five years.

• The classification of outbuilding includes Sheds, Garages, Greenhouses and Others, and the proportion of Sheds in 2017 is about 52%, and the proportion is in increase trend from 2013 to 2017.

• Outbuilding is widely used in household and commercial Use. The most proportion of outbuilding is household and in 2017 with 72% market share. The trend of household is increasing.

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The global Outbuildings market is valued at 1210 million US$ in 2017 and will reach 1480 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025.

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