The Global Garage Organization and Storage Market size is expected to reach $36 billion by 2028, rising at a market growth of 7.8% CAGR during the forecast period.
The most suitable place to store and organize tools, off-season possessions and outdoor equipment is a garage. This area makes use of a number of garage storage solutions, including a pegboard for tools to keep them organized and a standalone shelving unit to contain items like dog food and cleaning materials. Generally, over the door, a wooden shelf is put in place to store seasonal items.
Boots, bins, dirt, and watering cans can all be stored vertically on shelves that can be adjusted, which clears up space and gets clutter off the floor. As your storage requirements vary, it's simple to add room for goods of various sizes thanks to adjustable shelves. To make room for new goods, just reinstall the shelves at different heights.
Customers may neatly and conveniently separate their possessions using garage organization and storage methods. In standalone homes, the garage area has developed over time from a simple automobile parking area to a sizable storage room that might house various tools, vehicles, and equipment utilized for both leisure and employment purposes.
The market expansion is predicted to be aided by the several advantages of garage organizing and storage systems, like enhanced safety, reduced clutter, and greater house value. Moreover, garage storage systems provide space and security to safeguard a variety of goods and tools rather than placing them on the floor or a shelf where they can be easily accessed. Additionally, these devices give protection for households with young children. It frees up extra space for garages by clearing out messes in the ones that take up the most room.
Easy accessibility and various-sized sections for other items and tool storage to make the most of the available space are the market-driving elements for garage organizing and storage solutions. Systems for garage organizing and storage are mostly employed in residential and commercial buildings. These storage items are frequently utilized in various motorbike and vehicle businesses in the retail industry. These items are also widely used by commercial and rental parking garages to offer convenience and simple storage to their customers. Therefore, it is anticipated that these variables will propel the market for garage organizing and storage systems.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stanley Black & Decker, Inc., Lowe’s Companies, Inc., Griffon Corporation (ClosetMaid), Rubbermaid Commercial Products LLC (Newell Brands), Whirlpool Corporation (Gladiator), GarageTek, Inc., Sterilite Corporation, and Cannon Security Products, Inc.
The most suitable place to store and organize tools, off-season possessions and outdoor equipment is a garage. This area makes use of a number of garage storage solutions, including a pegboard for tools to keep them organized and a standalone shelving unit to contain items like dog food and cleaning materials. Generally, over the door, a wooden shelf is put in place to store seasonal items.
Boots, bins, dirt, and watering cans can all be stored vertically on shelves that can be adjusted, which clears up space and gets clutter off the floor. As your storage requirements vary, it's simple to add room for goods of various sizes thanks to adjustable shelves. To make room for new goods, just reinstall the shelves at different heights.
Customers may neatly and conveniently separate their possessions using garage organization and storage methods. In standalone homes, the garage area has developed over time from a simple automobile parking area to a sizable storage room that might house various tools, vehicles, and equipment utilized for both leisure and employment purposes.
The market expansion is predicted to be aided by the several advantages of garage organizing and storage systems, like enhanced safety, reduced clutter, and greater house value. Moreover, garage storage systems provide space and security to safeguard a variety of goods and tools rather than placing them on the floor or a shelf where they can be easily accessed. Additionally, these devices give protection for households with young children. It frees up extra space for garages by clearing out messes in the ones that take up the most room.
Easy accessibility and various-sized sections for other items and tool storage to make the most of the available space are the market-driving elements for garage organizing and storage solutions. Systems for garage organizing and storage are mostly employed in residential and commercial buildings. These storage items are frequently utilized in various motorbike and vehicle businesses in the retail industry. These items are also widely used by commercial and rental parking garages to offer convenience and simple storage to their customers. Therefore, it is anticipated that these variables will propel the market for garage organizing and storage systems.
COVID-19 Impact Analysis
During this time, a number of businesses in the sector noticed an increase in product demand from customers looking to freshen up their garages and other storage areas. Because of how significant the transformation was, an entirely new line of furnishing products emerged from the small catalogs. Major corporations have developed a distinctive line of work-from-home furniture. By the time the pandemic had subsided a little, individuals had started to lean more toward making decisions that prioritized the earth. Many businesses picked up on this hint and developed products to meet these wants. As a result, the market for garage organization and storage has significantly benefited after the initial quarters of the pandemic period.Market Growth Factors
Rise in commercial and residential construction activities
An important aspect driving the market's expansion is the increase in the frequency and volume of residential and industrial commercial operations in both developed and emerging countries. The rising accessibility and purchasing capacity of individuals are causing a rapid rise in the demand for new homes. Additionally, remodeling and renovation projects are becoming more common in developed countries all over the world. Demand for interiors is rising as consumers increasingly seek to have contemporary, multipurpose garage amenities.Growing influence of social media
Many individuals all around the world utilize social media apps and platforms like Instagram, Pinterest, and others. These platforms are quite important when it comes to clients' decisions when it comes to interior design trends. Even more so than in previous years, this industry's patterns have evolved dramatically in the last few years. The noteworthy development as a result of the then-emerging social media platforms is the speeding up & saturation of the latest trends, along with the quicker consumption of interior design.Market Restraining Factor
The high price of smart furniture and its compatibility problems
Many commercial settings still employ classic vanities and forbid themselves from changing them with contemporary pieces of furniture. This is because replacing them would cost a lot of money because new cabinets are integrated with expensive smart technologies. In addition, while connecting and integrating devices from the same manufacturer or vendor is straightforward, doing so with devices from multiple manufacturers is difficult and time-consuming. This might possibly lead to unstable services and functionality limitations. This could limit the demand for contemporary and technologically advanced storage racks & cabinets, thereby obstructing the market growth.Type Outlook
On the basis of type, the garage organization and storage market is segmented into cabinets, garage shelves/racks, and garage wall organization. The garage shelves/ racks segment garnered a substantial revenue share in the garage organization and storage market in 2021. One of the key drivers of the segment's growth is the availability of online discounts on numerous websites. Additionally, it is projected that escalating consumer desire for personalized items will hasten product expansion. Because of advancements in technology, manufacturers are able to create unique products with great efficiency and diversity, which results in shorter lead times. It is hoped that this will encourage industry growth.Application Outlook
By application, the garage organization and storage market is bifurcated into residential and commercial. The residential segment held the highest revenue share in the garage organization and storage market in 2021. The market's growth is supported by rising residential construction activity globally, which will increase garage construction activity. Because of the increasing number of government-sponsored real estate building projects, particularly in urban areas, the residential application segment is expected to have substantial demand for these goods over the forecast period.Regional Outlook
Region wise, the garage organization and storage market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America region witnessed the largest revenue share in the garage organization and storage market in 2021. The region's inflexible supply chain is driving sales of these items and related furniture. Additionally, there has been a steady demand for sustainable products throughout the years due to consumers' growing preference for materials that were acquired ethically throughout the production process.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stanley Black & Decker, Inc., Lowe’s Companies, Inc., Griffon Corporation (ClosetMaid), Rubbermaid Commercial Products LLC (Newell Brands), Whirlpool Corporation (Gladiator), GarageTek, Inc., Sterilite Corporation, and Cannon Security Products, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Commercial
By Type
- Garage Cabinets
- Garage Shelves/Racks
- Garage Wall Organization
By Geography
North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Stanley Black & Decker, Inc
- Lowe’s Companies, Inc
- Griffon Corporation (ClosetMaid)
- Rubbermaid Commercial Products LLC (Newell Brands)
- Whirlpool Corporation (Gladiator)
- GarageTek, Inc
- Sterilite Corporation
- Cannon Security Products, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Garage Organization and Storage Market, by Application
1.4.2 Global Garage Organization and Storage Market, by Type
1.4.3 Global Garage Organization and Storage Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Garage Organization and Storage Market by Application
3.1 Global Residential Market by Region
3.2 Global Commercial Market by Region
Chapter 4. Global Garage Organization and Storage Market by Type
4.1 Global Garage Cabinets Market by Region
4.2 Global Garage Shelves/Racks Market by Region
4.3 Global Garage Wall Organization Market by Region
Chapter 5. Global Garage Organization and Storage Market by Region
5.1 North America Garage Organization and Storage Market
5.1.1 North America Garage Organization and Storage Market by Application
5.1.1.1 North America Residential Market by Country
5.1.1.2 North America Commercial Market by Country
5.1.2 North America Garage Organization and Storage Market by Type
5.1.2.1 North America Garage Cabinets Market by Country
5.1.2.2 North America Garage Shelves/Racks Market by Country
5.1.2.3 North America Garage Wall Organization Market by Country
5.1.3 North America Garage Organization and Storage Market by Country
5.1.3.1 US Garage Organization and Storage Market
5.1.3.1.1 US Garage Organization and Storage Market by Application
5.1.3.1.2 US Garage Organization and Storage Market by Type
5.1.3.2 Canada Garage Organization and Storage Market
5.1.3.2.1 Canada Garage Organization and Storage Market by Application
5.1.3.2.2 Canada Garage Organization and Storage Market by Type
5.1.3.3 Mexico Garage Organization and Storage Market
5.1.3.3.1 Mexico Garage Organization and Storage Market by Application
5.1.3.3.2 Mexico Garage Organization and Storage Market by Type
5.1.3.4 Rest of North America Garage Organization and Storage Market
5.1.3.4.1 Rest of North America Garage Organization and Storage Market by Application
5.1.3.4.2 Rest of North America Garage Organization and Storage Market by Type
5.2 Europe Garage Organization and Storage Market
5.2.1 Europe Garage Organization and Storage Market by Application
5.2.1.1 Europe Residential Market by Country
5.2.1.2 Europe Commercial Market by Country
5.2.2 Europe Garage Organization and Storage Market by Type
5.2.2.1 Europe Garage Cabinets Market by Country
5.2.2.2 Europe Garage Shelves/Racks Market by Country
5.2.2.3 Europe Garage Wall Organization Market by Country
5.2.3 Europe Garage Organization and Storage Market by Country
5.2.3.1 Germany Garage Organization and Storage Market
5.2.3.1.1 Germany Garage Organization and Storage Market by Application
5.2.3.1.2 Germany Garage Organization and Storage Market by Type
5.2.3.2 UK Garage Organization and Storage Market
5.2.3.2.1 UK Garage Organization and Storage Market by Application
5.2.3.2.2 UK Garage Organization and Storage Market by Type
5.2.3.3 France Garage Organization and Storage Market
5.2.3.3.1 France Garage Organization and Storage Market by Application
5.2.3.3.2 France Garage Organization and Storage Market by Type
5.2.3.4 Russia Garage Organization and Storage Market
5.2.3.4.1 Russia Garage Organization and Storage Market by Application
5.2.3.4.2 Russia Garage Organization and Storage Market by Type
5.2.3.5 Spain Garage Organization and Storage Market
5.2.3.5.1 Spain Garage Organization and Storage Market by Application
5.2.3.5.2 Spain Garage Organization and Storage Market by Type
5.2.3.6 Italy Garage Organization and Storage Market
5.2.3.6.1 Italy Garage Organization and Storage Market by Application
5.2.3.6.2 Italy Garage Organization and Storage Market by Type
5.2.3.7 Rest of Europe Garage Organization and Storage Market
5.2.3.7.1 Rest of Europe Garage Organization and Storage Market by Application
5.2.3.7.2 Rest of Europe Garage Organization and Storage Market by Type
5.3 Asia Pacific Garage Organization and Storage Market
5.3.1 Asia Pacific Garage Organization and Storage Market by Application
5.3.1.1 Asia Pacific Residential Market by Country
5.3.1.2 Asia Pacific Commercial Market by Country
5.3.2 Asia Pacific Garage Organization and Storage Market by Type
5.3.2.1 Asia Pacific Garage Cabinets Market by Country
5.3.2.2 Asia Pacific Garage Shelves/Racks Market by Country
5.3.2.3 Asia Pacific Garage Wall Organization Market by Country
5.3.3 Asia Pacific Garage Organization and Storage Market by Country
5.3.3.1 China Garage Organization and Storage Market
5.3.3.1.1 China Garage Organization and Storage Market by Application
5.3.3.1.2 China Garage Organization and Storage Market by Type
5.3.3.2 Japan Garage Organization and Storage Market
5.3.3.2.1 Japan Garage Organization and Storage Market by Application
5.3.3.2.2 Japan Garage Organization and Storage Market by Type
5.3.3.3 India Garage Organization and Storage Market
5.3.3.3.1 India Garage Organization and Storage Market by Application
5.3.3.3.2 India Garage Organization and Storage Market by Type
5.3.3.4 South Korea Garage Organization and Storage Market
5.3.3.4.1 South Korea Garage Organization and Storage Market by Application
5.3.3.4.2 South Korea Garage Organization and Storage Market by Type
5.3.3.5 Singapore Garage Organization and Storage Market
5.3.3.5.1 Singapore Garage Organization and Storage Market by Application
5.3.3.5.2 Singapore Garage Organization and Storage Market by Type
5.3.3.6 Malaysia Garage Organization and Storage Market
5.3.3.6.1 Malaysia Garage Organization and Storage Market by Application
5.3.3.6.2 Malaysia Garage Organization and Storage Market by Type
5.3.3.7 Rest of Asia Pacific Garage Organization and Storage Market
5.3.3.7.1 Rest of Asia Pacific Garage Organization and Storage Market by Application
5.3.3.7.2 Rest of Asia Pacific Garage Organization and Storage Market by Type
5.4 LAMEA Garage Organization and Storage Market
5.4.1 LAMEA Garage Organization and Storage Market by Application
5.4.1.1 LAMEA Residential Market by Country
5.4.1.2 LAMEA Commercial Market by Country
5.4.2 LAMEA Garage Organization and Storage Market by Type
5.4.2.1 LAMEA Garage Cabinets Market by Country
5.4.2.2 LAMEA Garage Shelves/Racks Market by Country
5.4.2.3 LAMEA Garage Wall Organization Market by Country
5.4.3 LAMEA Garage Organization and Storage Market by Country
5.4.3.1 Brazil Garage Organization and Storage Market
5.4.3.1.1 Brazil Garage Organization and Storage Market by Application
5.4.3.1.2 Brazil Garage Organization and Storage Market by Type
5.4.3.2 Argentina Garage Organization and Storage Market
5.4.3.2.1 Argentina Garage Organization and Storage Market by Application
5.4.3.2.2 Argentina Garage Organization and Storage Market by Type
5.4.3.3 UAE Garage Organization and Storage Market
5.4.3.3.1 UAE Garage Organization and Storage Market by Application
5.4.3.3.2 UAE Garage Organization and Storage Market by Type
5.4.3.4 Saudi Arabia Garage Organization and Storage Market
5.4.3.4.1 Saudi Arabia Garage Organization and Storage Market by Application
5.4.3.4.2 Saudi Arabia Garage Organization and Storage Market by Type
5.4.3.5 South Africa Garage Organization and Storage Market
5.4.3.5.1 South Africa Garage Organization and Storage Market by Application
5.4.3.5.2 South Africa Garage Organization and Storage Market by Type
5.4.3.6 Nigeria Garage Organization and Storage Market
5.4.3.6.1 Nigeria Garage Organization and Storage Market by Application
5.4.3.6.2 Nigeria Garage Organization and Storage Market by Type
5.4.3.7 Rest of LAMEA Garage Organization and Storage Market
5.4.3.7.1 Rest of LAMEA Garage Organization and Storage Market by Application
5.4.3.7.2 Rest of LAMEA Garage Organization and Storage Market by Type
Chapter 6. Company Profiles
6.1 Stanley Black & Decker, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.2 Lowe's Companies, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.3 Griffon Corporation (ClosetMaid)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.4 Rubbermaid Commercial Products, LLC (Newell Brands)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expenses
6.5 Whirlpool Corporation (Gladiator)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Research & Development Expense
6.6 GarageTek, Inc.
6.6.1 Company Overview
6.7 Sterilite Corporation
6.7.1 Company Overview
6.8 Cannon Security Products, Inc.
6.8.1 Company Overview
Companies Mentioned
- Stanley Black & Decker, Inc.
- Lowe’s Companies, Inc.
- Griffon Corporation (ClosetMaid)
- Rubbermaid Commercial Products LLC (Newell Brands)
- Whirlpool Corporation (Gladiator)
- GarageTek, Inc.
- Sterilite Corporation
- Cannon Security Products, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | January 2023 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 21606 Million |
| Forecasted Market Value ( USD | $ 36026.7 Million |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
