According to the report titled ‘Global Outdoor Living Structure Market Size study, by Outdoor Living Structure Product Outlook (Pavilions/Gazebos, Pergolas/Patio) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global outdoor living structure market was valued at USD 1.8 billion in 2020 and is expected to grow at 6.1% CAGR over the next six years, thereby reaching a valuation of USD 2.72 billion by 2027.
 

Inclination among the individuals to enhance the outdoor living spaces by setting up open kitchen, television, dining, and barbecue to name a few is propelling the growth of global outdoor living structure market. To this effect, a poll conducted by the National Kitchen & Bath Association for the period 2020-21 reported that interest in outdoor living projects has increased by around 65% in the United States over the last few years.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/4285205/
 

Moreover, many businesses in domain are incorporating AI solutions to allow customers to choose materials, structure designs and sizes, and tile colors tailored to their needs. For instance, Absolute Outdoor Living LLC has a StruXure Outdoor app controlled by Somfy Systems Inc. that makes it possible for users to visualize their spaces conveniently using their phones.
 

Such initiatives, coupled with evolving standards of living, and rising trend of converting backyards & gardens into grill areas or office pieces are likely to generate lucrative growth opportunities for the market in the coming years.
 

Despite the positive outlook, it is anticipated that strict regulations, alongside fluctuating raw material prices will impede industry development during the analysis period.
 

Based on product terrain, worldwide outdoor living structure industry is categorized into pergolas/patio, and pavilions/gazebos. 
 

From a regional standpoint, North America market is projected to showcase impressive growth trends over the forecast period, due to surging enthusiasm for the concept of 'outdoor living’ which is notably connected with stress relief, leisure time with friends & family, and an opportunity to interact with nature.
 

Meanwhile, Europe industry is poised to expand at a steady rate during 2021-2027 because of factors such as improved lifestyles of individuals with soaring per capita income, and significant investments in residential construction & landscaping projects.
 

The competitive landscape of global outdoor structure living market is defined by companies such as The Outdoor Living Company, Totally Outdoors, Absolute Outdoor Living, Outdoor Structure Company LLC, Aussie Outdoor Living, Renson Technologies, IQ Outdoor Living, Corradi S.p.A., Luxox Furniture Pvt. Ltd., and Outdoor World among others.