Pergolas Market by Type (Wooden, Fiberglass, Metal, and Others.), Application (Residential and Commercial), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Pergolas Market Outlook 2031:
The Global Pergolas Market was estimated at USD 1,817.0 Mn in 2022 and is anticipated to reach USD 4,559.6 Mn by 2031, expanding at a CAGR of 10.8% during the forecast period.
A pergola is a long and narrow structure that uses four freestanding pillars or columns to support a roof. It can be attached directly to a home or be completely freestanding. The common versions of pergolas are topped with a series of cross beams for a thatched appearance. Additionally, there are retractable, smart, and louvered options available for different preferences.
One of the popular styles of pergolas is the traditional style. This style features a flat roof with a series of evenly spaced rafters that are parallel to the ground. The traditional style is often used in formal gardens and outdoor spaces. This style is characterized by the use of clean lines and simple forms, which makes it a popular choice for those who prefer a minimalist aesthetic.
Macro-economic Factors
Economic Growth
Increased demand: As the economy grows, more people have disposable income to spend on home improvement projects, such as adding a pergola to their backyard. This is leading to an increase in the demand for pergolas.
Rising competition: The increase in demand for pergolas is boosting competition among pergola manufacturers. This is reducing prices and making pergolas more affordable for consumers.
New product innovation: Manufacturers are using novel materials, such as sustainable materials, such as bamboo and recycled plastic, and designs to cater to the changing needs of consumers.
Inflation
Higher prices: Inflation is increasing the prices of materials, such as wood and metal. This is making pergolas costly, which deters some homeowners from adopting them.
Lower demand: The demand for pergolas is likely to decrease with the increase in their prices. This is because homeowners are more likely to choose less expensive options, such as a gazebo or pavilion, as it serves a similar purpose as pergolas at a cheaper price.
Slower growth: The pergola market is expected to grow slowly in the regions where inflation is very high and thus impacting their prices.
Market Dynamics
Market Driver- Increase in Home Improvement Projects
The home improvement projects have been on the rise in recent years, as a large number of homeowners are investing in their properties. This trend is expected to continue in the coming years, as homeowners look for ways to increase the value and functionality of their homes. Pergolas are a popular choice for home improvement projects, as they offer a number of benefits such as shade, improved aesthetics, and increase value of a property. Thus, boosting the market in the coming years.
Market Driver- Rise in Preference for Outdoor Living Spaces
The preference for outdoor living spaces is increasing, as more people are spending time outdoors, engaging in activities, such as gardening, grilling, and picnic. Moreover, growing awareness of the importance of getting regular exercise outdoors is encouraging people to extend their living space into the yard. Thus, making pergolas a popular choice, as they provide a shaded. People are also employing pergolas in their private gardens and patio, thereby extending their area for dining, relaxing, or entertaining guests.
Market Restraint- High Installation and Maintenance Costs
The cost of materials is one of the biggest expenses when it comes to installing a pergola. The type of material one chooses impacts the overall cost. For example, a wooden pergola is less costly than a metal one. This can be a significant expense for many homeowners, especially those who are on a budget.
Pergolas require regular maintenance, such as staining or painting, to protect them from the elements. The cost of maintenance can vary depending on the type of pergola and the frequency of maintenance; however, it can often cost hundreds of dollars per year. Hence, the high cost of installation and maintenance deters homeowners from purchasing them.
Market Opportunity- Expansion of Urban Outdoor Living
As urban areas are becoming more crowded and space is limited, people are increasingly looking for ways to maximize their outdoor living areas. In densely populated urban areas, owning an outdoor space is often at a premium. Pergolas offer a solution for homeowners to optimize their outdoor areas efficiently. These structures can be installed on rooftops, balconies, and even in small backyards, transforming underutilized spaces into functional and aesthetically pleasing outdoor living areas. Hence, the expansion of urban outdoor living spaces presents a significant opportunity in the pergola market in the future.
Scope of the Pergolas Market Report
The report on the global Pergolas market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Pergolas Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Segmentation |
Type (Wooden, Fiberglass, Metal, and Others), Application (Residential and Commercial) |
Regional Scope |
Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Americana Outdoors Inc., Backyard Discovery, Baldwin Pergola, Coolaroo, Gibus SpA, KE USA Inc., Patio King, Inc., Solisysteme, Vita, VOGUE PERGOLAS, and Yardistry. |
Pergolas Market Segmental Outlook
Based on type, the market is segmented into wooden, fiberglass, metal, and others. The wooden segment is expected to hold a considerable share of the market during the forecast, as wooden pergolas are the preferred choice in restaurants and home settings for their aesthetic.
On the basis of application, the market is fragmented into residential and commercial. The commercial segment holds a key share of the market, due to rise in urban construction projects providing more leisure to customers.
Regional Outlook
Based on regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2022. Construction of dining and leisure areas is a growing trend in North America, which is expected to drive the market over the forecast period. Europe holds a significant share in the market, as pergolas are increasingly being used in countries such as Italy, Spain, and Greece. These countries have a long tradition of outdoor living and al fresco dining.
Key Benefits for Industry Participants & Stakeholders
-
In-depth Analysis of the Global Pergolas Market
-
Historical, Current, and Projected Market Size in Terms of Value
-
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
-
Industry Drivers, Restraints, and Opportunities Covered in the Study
-
Recent Industry Trends and Developments
-
Competitive Landscape & Strategies of Key Players
-
Neutral Perspective on Global Pergolas Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pergolas Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pergolas Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pergolas Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pergolas Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pergolas Market Size & Forecast, 2016-2031
4.5.1 Pergolas Market Size and Y-o-Y Growth
4.5.2 Pergolas Market Absolute $ Opportunity
Chapter 5 Global Pergolas Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Pergolas Market Size Forecast By Type
5.2.1 Wooden
5.2.2 Fiberglass
5.2.3 Metal
5.2.4 Others
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Pergolas Market Analysis and Forecast By Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Application
6.1.2 Basis Point Share (BPS) Analysis By Application
6.1.3 Absolute $ Opportunity Assessment By Application
6.2 Pergolas Market Size Forecast By Application
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Pergolas Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pergolas Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pergolas Analysis and Forecast
9.1 Introduction
9.2 North America Pergolas Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pergolas Market Size Forecast By Type
9.6.1 Wooden
9.6.2 Fiberglass
9.6.3 Metal
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Pergolas Market Size Forecast By Application
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis By Application
9.12 Absolute $ Opportunity Assessment By Application
9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Pergolas Analysis and Forecast
10.1 Introduction
10.2 Europe Pergolas Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pergolas Market Size Forecast By Type
10.6.1 Wooden
10.6.2 Fiberglass
10.6.3 Metal
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Pergolas Market Size Forecast By Application
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis By Application
10.12 Absolute $ Opportunity Assessment By Application
10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Pergolas Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pergolas Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pergolas Market Size Forecast By Type
11.6.1 Wooden
11.6.2 Fiberglass
11.6.3 Metal
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Pergolas Market Size Forecast By Application
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis By Application
11.12 Absolute $ Opportunity Assessment By Application
11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Pergolas Analysis and Forecast
12.1 Introduction
12.2 Latin America Pergolas Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pergolas Market Size Forecast By Type
12.6.1 Wooden
12.6.2 Fiberglass
12.6.3 Metal
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Pergolas Market Size Forecast By Application
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis By Application
12.12 Absolute $ Opportunity Assessment By Application
12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Pergolas Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pergolas Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pergolas Market Size Forecast By Type
13.6.1 Wooden
13.6.2 Fiberglass
13.6.3 Metal
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Pergolas Market Size Forecast By Application
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis By Application
13.12 Absolute $ Opportunity Assessment By Application
13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
14.1 Pergolas Market: Competitive Dashboard
14.2 Global Pergolas Market: Market Share Analysis, 2022
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Americana Outdoors Inc.
14.3.2 Backyard Discovery
14.3.3 Baldwin Pergola
14.3.4 Coolaroo
14.3.5 Gibus SpA
14.3.6 KE USA Inc.
14.3.7 Patio King, Inc.
14.3.8 Solisysteme
14.3.9 Vita
14.3.10 VOGUE PERGOLAS
14.3.11 Yardistry