CLEVELAND, Ohio—The home organization products market is expected to increase by 1.5% annually, reaching $15.8 billion in 2028, according to the US Home Organization Products 2024 study from The Freedonia Group. The market's growth rate is slower than the previous forecast period, which saw substantial spikes in prices and demand in 2020 and 2021 due to the pandemic and supply chain issues.

Home organization product prices remained high through 2023, negatively impacting unit sales; however, Freedonia expects prices to moderate this year, making items more affordable for consumers. “Products for closets and garages (especially modular units and shelving) will benefit the most in this environment since consumers place these high on their organizational priority lists. Consumers are also likely to refocus on popular areas such as pantries, home offices, and outdoor areas and shift to higher-end materials like wood and textiles over plastic,” according to a statement on the company’s site.

All product types are expected to experience growth. However, modular units—custom-designed and installed and DIY units—are expected to grow most, followed by bins and baskets, accessories and hardware, and shelving.

Additional notes from the study: Opportunities exist in products that offer specialized or custom solutions and products designed for storage in more home areas, from the garage to outdoor space, entryways, home offices, and flex spaces.

For more information, visit freedoniagroup.com.