Carports Market To Reach USD 3.1 Bn By 2032, CAGR 7.56% | Carolina Carports, Alucarports, The Shed Company.

(MENAFN- GlobeNewsWire - Nasdaq) “Cornerstone Building Brands acquired Mueller supply Company, a Texas-based leader in residential metal roofing and steel buildings.”

Dublin, , March 11, 2025 (GLOBE NEWSWIRE) -- IMR market Reports is pleased to announce the publication of its latest report, Carports Market . This in-depth analysis shows that the Global Carports Market , valued at USD 1.61 Billion in 2023, is set for substantial growth and is projected to reach USD 3.1 Billion by 2032. This anticipated expansion reflects a strong CAGR of 7.56% from 2024 to 2032.

The global rise in urbanization is driving demand for metal carports, valued for affordability, customization, and functionality. Increasing home improvement trends and outdoor living preferences further boost market growth. Government initiatives promoting sustainable materials enhance adoption, as metal carports, often made from recycled materials, attract eco-conscious consumers seeking durable solutions.

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Key Industry Insights –

Driver Increasing Need for Protection Against Climate Change and Unpredictable Weather Patterns

The increasing need for protection against climate change and unpredictable weather is driving demand for metal carports. Frequent storms, hail, and heavy rains have made protective outdoor structures essential, with NOAA reporting a rise in extreme weather events. Additionally, metal carports are cost-effective and low-maintenance, with steel prices dropping 5% over five years (BLS). Their easy installation makes them an affordable choice for homeowners and businesses. The DIY trend further fuels market growth, as 45% of U.S. homeowners engaged in DIY projects in 2021 (NAHB). This rising demand highlights metal carports as a practical, durable solution for asset protection.

Restraint

The High Cost of Premium Materials

The high cost of premium materials like stainless steel remains a barrier, with prices rising 8% annually over the past three years (U.S. Federal Reserve). While durable, the expense can deter price-sensitive consumers. Additionally, limited awareness in developing regions slows adoption, as traditional shelters remain more common. Regulatory challenges further hinder market expansion, with strict zoning and building codes complicating permit approvals. According to the International Code Council (ICC), regulatory hurdles have impacted prefab structure adoption in parts of the U.S. and Europe. These factors highlight key restraints that must be addressed for sustained metal carport market growth.

Opportunity

Increasing Popularity of Outdoor Living Areas

The rising trend of multi-functional outdoor spaces is boosting demand for customizable metal carports, which can serve as storage sheds, garden pavilions, or event spaces. Additionally, the surge in electric vehicle (EV) adoption presents a key opportunity, with EV-equipped carports gaining popularity. The U.S. Department of Energy reports a 40% increase in EV ownership from 2020 to 2023, driving demand for specialized carports with charging stations. Sustainability trends also favor metal carports, as metal is highly recyclable. Verified Market Reports predicts the eco-friendly prefab structures market will grow 15% annually through 2030, further enhancing market potential.

Challenges

Competition from Alternative Materials Like Fabric and Wood

Competition from alternative materials like fabric and wood remains a key challenge, as consumers in mild climates may prefer lower-cost or aesthetically traditional options. In 2022, fabric-based structures accounted for 20% of carport sales (NAHB). Supply chain disruptions also impact the market, with steel and aluminum shortages delaying production and increasing costs (U.S. Chamber of Commerce). Additionally, advancements in construction methods, such as 3D printing and modular designs, could introduce cost-effective alternatives. However, these innovations also present opportunities for the industry to develop smarter, more efficient, and sustainable metal carport solutions to stay competitive in the evolving market.

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Key Players to Watch:

• Alucarports (Germany)
• Carolina carports (USA)
• Carportfabrik (Germany)
• Eureka Garages & Sheds (Australia)
• Hobbytec (Czech Republic)
• Omega Build (UK)
• Ranbuild (Australia)
• Reynaers (Belgium)
• Sepalumic (France)
• Stratco (Australia)
• The Shed Company (Australia)
• Titan Garages and Sheds (Australia)
• Other Active Players
  

Recent Development:

• In November 2023, a leading provider of metal garages, carports, and buildings, has expanded its delivery and installation services to over 21 states, including North Carolina, Texas, Florida, and Colorado. With 80+ years of combined industry experience, the company continues its growth, offering high-quality structures with a 20-year paint warranty and fast installation.
• In October 2023 , Transition Capital Partners (TCP) has acquired Texwin Metal Buildings, a Texas-based manufacturer and retailer of portable and custom metal buildings. TCP partnered with the management team and Plexus Capital, marking their seventh investment together. Plexus Capital supported the acquisition with debt and an equity co-investment.

Key Segments of Market Report –

By Type

• Attached Carports
• Custom Carports
• Portable Carports
• Others

By Material

• Steel Carports
• Aluminum Carports

By Application

• Residential
• Commercial
• Others
  

By Region:

North America is expected to lead the carports market throughout the forecast period, particularly the U.S., high vehicle ownership and the need for protection against harsh weather, such as snow and hail, drive the demand for metal carports. In Europe, the shift towards sustainable building materials boosts their popularity as eco-friendly alternatives to traditional garages. Meanwhile, the Asia-Pacific region experiences strong growth due to rapid urbanization and a rising middle class, leading to increased investments in residential and commercial infrastructure. As a result, metal carports are gaining traction as cost-effective and durable solutions for vehicle protection, catering to diverse climatic conditions and evolving consumer preferences across these regions.

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Strategic Points Covered in Table of Content of Robotic Angiography System Market:

• Executive Summary
  

Into the market research report, the executive summary highlights the most critical market findings , including key trends and actionable insights, offering clients a snapshot of the report's core takeaways.

• Market Landscape
  

This section is crafted to include a detailed analysis of Robotic Angiography System Market Dynamics, Growth Trends, And Regulatory Frameworks . Tools like PESTEL Analysis, Value Chain Analysis , and Investment Pockets are employed to present a thorough market outlook and future growth projections.

• Robotic Angiography System Market Competitive Analysis
  

The competitive analysis examines the Key Players, Their Positioning, Strengths, And Opportunities. By mapping competition, we provide actionable intelligence for clients to strategize effectively.

• Robotic Angiography System Market Segmentation Analysis
  

In segmentation, we break down the market into Key and Sub-Segments , focusing on their growth potential, demand patterns, and overall market contribution.

• Regional Analysis
  

Through in-depth global, regional, and country-level insights, we analyse key growth drivers and challenges specific to each geography.

• Robotic Angiography System Market Analyst Viewpoint and Conclusion
  

The concluding section consolidates the findings, offering strategic recommendations and emphasizing practical, client-centric strategies to navigate market complexities.

About Us:

IMR Market Reports is a global market research firm specializing in big data and advanced analytics. Led by CEO Mrs. Swati Kalagate , IMR Market Reports provides strategic insights and consulting solutions, helping businesses navigate market trends and forecast future developments. Leveraging an extensive industry network, IMR Market Reports ensures accurate research through primary interviews with executives, rigorous secondary data collection, and expert analysis. This approach delivers precise, actionable intelligence, enabling clients to anticipate market dynamics and make informed business decisions.

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