Study #: 4197 | Published: 08/2021 | Pages: 68 | Individual User License: US$ 2,900

US sales of garage organization units are forecast to increase 2.7% per year to $3.4 billion in 2025. Although the pace of growth will moderate from that of the 2015-2020 period, the market will remain strong, as sales were elevated in 2020 following a jump during the COVID-19 pandemic. Through 2025, advances will be driven by:

  • continued interest in organizing and de-cluttering garage spaces
  • increasing demand for higher value products such as custom modular units, which can also add to a home’s value
  • growth in the construction of new homes, which often have larger garages than older homes and thus more room for more intensive organization product installations

However, competition from installed conventional cabinets and dedicated tool storage products will limit further advances.

COVID-19 Pandemic Drives Surge in DIY Garage Organization Product Sales

Increased DIY home renovation activity during the COVID-19 pandemic caused a surge in garage organization product sales in 2020:

  • Stay-at-home orders drove many consumers to tackle home improvement projects like revamping their garage organization themselves, temporarily pausing a pre-pandemic trend toward more professional installations.
  • Garages were among the spaces that saw greater use as additional living spaces (e.g., “man caves”, home gyms), which entailed new storage needs.
  • Increased purchases of lawn and garden equipment, hand and power tools, and other items used in other types of DIY activity that are often stored in garages boosted sales of storage units.

While sales of DIY garage organization products are expected to remain elevated in 2021, the spike in 2020 will slow overall gains through 2025 as the market is expected to cool somewhat.

Modular Units to Post Fast Growth, Boosted by Post-Pandemic Increase in Professional Sales

In a temporary reversal of historical trends, sales in the smaller professional market grew at a slower pace than the DIY market in 2020, as financial uncertainty and health concerns during the COVID-19 pandemic caused some homeowners to delay professional-grade projects.

Going forward, professional sales of garage organization products will outpace the DIY market as homeowners restart delayed projects. In particular, this will benefit modular units – which are expected to post the fastest growth through 2025 – as these units (many of which are customized to fit specific room dimensions) can be difficult to install on a DIY basis.


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Table of Contents

1. Executive Summary

2. About This Report

Report Details

Market Scope & Product Description

Impact of COVID-19 Pandemic

3. Overview

Historical Market Trends

General Sales Trends

Installation Trends (DIY vs. Professional)

Materials Trends

Pricing Trends

Housing Stock & Number of Garages

Consumer Insights on Garage Spaces At Home

4. Products

Sales by Product

Shelving

Bins, Baskets, & Totes

Modular Units

Hanging Storage

Accessories & Hardware

5. Key Suppliers & Industry Structure

Industry Composition

Key Suppliers & Market Share

Mergers & Acquisitions

6. Appendix

Scope

Definitions

Freedonia Methodology

Study Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Macroeconomic Assumptions

Economic Environment

Demographics

Consumer Spending

Residential Building Construction

Housing Completions


List of Tables

2. About This Report

Table 2-1 | Annual Garage Organization Product Sales by Type, 2019 - 2021 (million dollars)

Table 2-2 | Annual Garage Organization Product Sales by Installation, 2019 - 2021 (million dollars)

3. Overview

Table 3-1 | Garage Organization Product Sales, 2010 - 2020 (million dollars)

Table 3-2 | Garage Organization Products: DIY vs. Professional Installation, 2010 - 2030 (million dollars)

Table 3-3 | Garage Organization Product Sales by Material, 2010 - 2030 (million dollars)

Table 3-4 | Number of Garages in the US, 2010 - 2030 (million)

Table 3-5 | Consumer Insights on Garage Spaces at Home by Gender, 2020 (% of respondents)

Table 3-6 | Consumer Insights on Garage Spaces at Home by Age Group, 2020 (% of respondents)

4. Products

Table 4-1 | Garage Organization Product Sales by Type, 2010 - 2030 (million dollars)

Table 4-2 | Garage Shelving Sales by Material, 2010 - 2030 (million dollars)

Table 4-3 | Garage Bins, Baskets, & Totes Sales by Material, 2010 - 2030 (million dollars)

Table 4-4 | Garage Modular Unit Sales by Material, 2010 - 2030 (million dollars)

Table 4-5 | Garage Hanging Storage Sales by Material, 2010 - 2030 (million dollars)

Table 4-6 | Garage Organization Accessories & Hardware Sales by Material, 2010 - 2030 (million dollars)

5. Key Suppliers & Industry Structure

Table 5-1 | Selected Mergers & Acquisitions

6. Appendix

Table 6-1 | Relevant Industry Codes

Table 6-2 | Relevant HS Codes

Table 6-3 | Macroeconomic Indicators, 2010 - 2030 (billion 2012 dollars)

Table 6-4 | Population & Households, 2010 - 2030 (million persons)

Table 6-5 | Personal Consumption Expenditures, 2010 - 2030 (billion dollars)

Table 6-6 | Residential Building Construction Expenditures, 2010 - 2030 (billion dollars & billion 2012 dollars)

Table 6-7 | New Housing Indicators, 2010 - 2030


List of Figures

1. Executive Summary

Figure 1-1 | US Garage Organization Product Market

2. About This Report

Figure 2-1 | Garage Organization Product Examples

Figure 2-2 | Annual Garage Organization Product Sales Growth by Installation, 2018 - 2023 (% CAGR)

3. Overview

Figure 3-1 | Garage Organization Product Sales, 2000 - 2020 (million dollars)

Figure 3-2 | Garage Organization Product Sales Gains, 2020 - 2025 (million dollars)

Figure 3-3 | Garage Organization Products: DIY vs. Professional Installation, 2010 - 2030 (million dollars)

Figure 3-4 | Garage Organization Product Sales by Material, 2010 - 2030 (million dollars)

4. Products

Figure 4-1 | Garage Organization Product Sales by Type, 2010 - 2030 (million dollars)

Figure 4-2 | Garage Shelving Sales by Material, 2010 - 2030 (million dollars)

Figure 4-3 | Garage Bins, Baskets, & Totes Sales by Material, 2010 - 2030 (million dollars)

Figure 4-4 | Garage Modular Unit Sales by Material, 2010 - 2030 (million dollars)

Figure 4-5 | Garage Hanging Storage Sales by Material, 2010 - 2030 (million dollars)

Figure 4-6 | Garage Organization Accessories & Hardware Sales by Material, 2010 - 2030 (million dollars)

5. Key Suppliers & Industry Structure

Figure 5-1 | Garage Organization Product Market Share by Company, 2020 (billion dollars)

6. Appendix

Figure 6-1 | New Housing Square Footage by Housing Type, 2005 - 2020


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