Outdoor Cords Market Size, Share, Growth, and Industry Analysis, By Type (One Outlet, Triple Outlet & Others), By Application (Home Use, Commercial & Others), and Regional Insights and Forecast to 2032

• 

   Request a Free Sample To Get More Information on this Market

OUTDOOR CORDS MARKET OVERVIEW

The global outdoor cords market size was valued at approximately USD 49.2 billion in 2023 and is expected to reach USD 69.2 billion by 2032, growing at a compound annual growth rate (CAGR) of about 4.7% from 2023 to 2032

External cables, often referred to as cables used in extended electric power systems or external power cords, are electrical cables designed for external or moist environments. Moreover controlling external tensioning cables are usually constructed from strong reliable weatherproof materials capable of withstanding rain, intense sunshine and very low or high temperatures.

There are various factors driving the outdoor cords market growth such as, increase in outdoor home improvement projects and expanding construction sector requires heavy-duty outdoor cords. Challenges such as safety issues as well as threats of other power solutions will prompt the manufacturers to modify and come up with new ideas. The situation is different as new opportunities for expansion are bound to arise especially in areas related to home garden, outdoor construction business and fashion events.

COVID-19 IMPACT

"Lockdowns and Restrictions on Movement Disrupted Manufacturing Operations Leading to Manufacturing Delays"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The COVID-19 crisis affected the outdoor cords market considerably because of the lockdowns and movement restrictions which interfered with the manufacturing processes. After the onset of the crisis, the majority of the factories had to shut down, and there were very few workers leading to the stalling of production and very few outdoor cords in the market. Because of the permanent movement restrictions, reside in the sources of supplies of materials ready to be worked in causing the increase in expenditures plus the retailers lead periods. However, the situation was altered by the fact that consumers turned out to be voracious buyers of outdoor cords when they were used to doing home renovations and gardening.

LATEST TREND

"Increased Demand for Renewable Energy Solutions to Drive Market Growth"

The growing popularity of renewable energy systems is another factor that is expected to propel market expansion of outdoor cords over the forecast period. This is because as individual households and corporate entities embrace solar energy and other environmentally friendly practices, there is a compatible increase in demand for outdoor cords. These cords are integral in linking solar panels to batteries and inverters for effective energy transmission. Moreover, the growing concern of green technologies has encouraged manufacturers to enhance existing outdoor cords as well as come up with new ones that are suited for green purposes. This tends to not only satisfy the wants of the consumers towards being eco-friendly but also fits into the scope of the global efforts to mitigate carbon emissions.

OUTDOOR CORDS MARKET SEGMENTATION

By Type

Based on Type, the global market can be categorized into One Outlet, Triple Outlet & Others

• One Outlet: Such types of power cords usually have one single outlet, which is best used for providing power to certain devices like lights, tools, and appliances. They are mostly used indoors in households for outdoor light landscaping.

• Triple Outlet: Triple outlet cords feature three outlets permitting the simultaneous use of several devices. This type of extension cord is especially common for outdoor events, construction sites, or any other area that requires the use of multiple tools or appliances.

• Others: Others include various specialty cords, such as multi-outlet power strips, heavy-duty extension cords, and cords with integrated smart technology.

By Application

Based on application, the global market can be categorized into Home Use, Commercial & Others

• Home Use: Home use encompasses the outdoor extension cords that are employed in houses for purposes such as gardening, outdoor lighting, and house renovation works. The increasing interest in do it yourself activities amid the pandemic has fueled the growth in demand in this segment.

• Commercial: Utilisation for business purposes, including but not limited to construction sites, events held outdoors, and commercial shopping locations. Such cords usually demand a higher power rating as they are used to operate heavy-duty types of tools and machineries.

• Others: Others encompasses a variety of applications not classified under home or commercial uses, including industrial applications and recreational activities

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

"Increase in Outdoor Home Improvement Projects to Boost the Market"

A factor in the outdoor cords market growth is the increase in outdoor home improvement projects. As homeowners put more and more effort in the improvement and embellishment of their outdoor finished areas like gardens, patios, and landscaping, the demand for reliable power supply for tools, lights, and appliances has been on the rise. This trend was boosted even more in the wake of the pandemic, as a good number of people took on Do It Yourself projects aimed at beautification of their places. As a result, outdoor cords became necessary to power the improvements that were being made, hence, a greater demand for durable and weatherproof indoor outdoor cords which are used outdoors.

"Expanding Construction Sector Requires Heavy-Duty Outdoor Cords to Expand the Market"

The expanding construction sector requires heavy-duty outdoor cords is another key aspect of the outdoor cords market. The type of power solutions required on construction sites is robust and dependable as various machines like drills, saws and generators rely on high capacity extension cords. With more urban development and building infrastructures, there has arisen a corresponding need for tough and waterproof outdoor cords. This trend has highlighted the importance of safety and speed in carrying out construction activities which has led to an increase in the need for custom made outdoor cords for the construction industry.

Restraining Factors

"Improper Use of Outdoor Cords to Potentially Impede Market Growth"

A restraining element within the growth of the outdoor cords market is the Improper use of outdoor cords. There are groups of consumers who know nothing about safety provisions which makes them vulnerable to threats like electric shocks, short circuits, and sudden fires. Such misuse of electric cords not only poses a danger to people’s lives but also damages the cords, as well as allowing for a shorter time frame of productivity for the cords. One of the barriers that the manufacturers face is the difficulty in informing consumers on safe consumption practices which may in turn impede the growth of the market and reassurance of consumers in the use of the outdoor cords..

Opportunity

"Smart Technology Integration To Create Opportunity for the Product in the Market"

The integration of advanced technological features into outdoor cords operates as an unlocking potential in all cords market growth. Given the growing trend of smart homes, customers are more in demand of outdoor power systems that have an element of connectivity and automation. Features associated with smart outdoor cords like timers, energy monitoring and remote control increase the efficiency and convenience of these cords. Such products are designed for consumers who value safety and want products that are attractive and functional. In the light of smart outdoor cords, there is an opportunity for the manufacturers to grow sales in this market and upsurge the adoption of other superior outdoor power devices.

Challenge

"Choosing Suitable Power Needs of Your Devices Could Be a Potential Challenge for Consumers"

Selecting the appropriate power ratings of devices can potentially be a great issue among consumers in the outdoor cords market. Since many users may not appreciate the power needs of their devices and equipment, they may tend to go for either too small or too large cords. Such a failure of judgement can lead to inefficient operations and even destroy some of the applications exposing the users to dangerous situations, for instance electric fires due to overheating. This problem calls for the intervention of manufacturers in that they should do more to educate power rating to consumers and give well educated cord usage confines to the consumers.

• 

   Request a Free Sample To Get Analysis on Major Geographic Market

OUTDOOR CORDS MARKET REGIONAL INSIGHTS

• North America

A distinctive feature of the outdoor cords market in North America is the increasing need for strong and weatherproof ropes. The sustained growth in sales, however, is more on account of the United States Outdoor Cords Market region’s inclination towards home makeovers subjected to the DIY culture. Furthermore, the development in the construction industry also plays an important role in the expanding of the market. Outdoor cords in the US are purchased by consumers who look for safety and smart technology applications. The market is aided by a strong existing distribution channel and increasing popularity of the internet allowing and availing products to the customers.

• Europe

The market for outdoor cords in Europe is buoyed by the growing trend of outdoor recreational activities and an upsurge in home improvement activities. Countries like Germany, the U.K, and France dominate the market owing to the increasing residential landscaping and outdoor living spaces. However, the rise in green consumerism, owing to strict safety regulations, is fostering the demand for eco-friendly outdoor cords. In addition, the growing adoption of smart home devices within the region presents optimal space for innovative outdoor power solutions thereby improving the overall market.

• Asia

The market for outdoor cords in Asia is also growing at a fast pace owing to urbanisation and an increase in the average income level of individuals. Growth in demand is however more pronounced in countries like China and India owing to the increase in the level of construction activities for both residential and commercial purposes. In addition, the increasing outdoor entertainment and leisure activities also create a higher demand for quality outdoor cords. But there can also be a need to educate the consumers in this area on safety regulations and how to use the products which is how manufacturers can market their products more effectively.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market Through Innovation and Market Expansion"

The outdoor cords industry is being influenced considerably by innovation and market development among key players. Along with a long lasting cord which is of high performance, leading corporations are in the process of manufacturing outdoor cords with advanced however additional features such as weatherproofing, incorporation of safety systems, and smart technology applications. Such innovations address the changing demographics and their demands of ease and speed. Moreover, strategic alliances, mergers and also acquisitions do allow the companies to penetrate more of the markets and also target different customer levels.

List Of Outdoor Cords Companies

• BlueWater (U.S.)
• Gear Aid (U.S.)
• Metolius (U.S.)
• New England (U.S.)
• PMI (U.S.)
• Trango (U.S.)

KEY INDUSTRY DEVELOPMENTS

March 2023: Zooz have launched a new z-wave outdoor cord. This plug was designed with outdoor lights and appliances in mind. It features an IP65 rated weatherproof housing and an outlet cover when not in use.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The outdoor cords market is poised for a continued boom pushed by increase in outdoor home improvement projects and expanding construction sector requires heavy-duty outdoor cords. Despite challenges, which include selecting the appropriate power ratings of devices can potentially be a great issue among consumers. Key industry players are advancing via technological upgrades and strategic marketplace growth, enhancing the supply and attraction of outdoor cords As customer choices shift towards smart cords options, the outdoor cords market is expected to thrive, with persistent innovation and a broader reputation fueling its destiny prospects.