Fitted wardrobe market to reach $97.52 billion by 2031
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The report cites significant growth in the fitted wardrobe market, which is due to homeowners looking for more customized solutions to maximize their living spaces. 

Photo By Valet Custom Cabinets & Closets

According to Verified Market Reports, the global market for fitted wardrobes - custom built-in closet organizing systems designed to fit any space - is expected to reach $97.52 billion by 2031, with a CAGR of 6.29% from 2024 to 2031.

The report cites significant growth in the fitted wardrobe market due to homeowners looking for more customized solutions to maximize their living spaces. Urbanization is also a factor, with clients requiring more innovative designs to make smaller living spaces functional.

According to the report, additional factors contributing to the growth of the fitted wardrobe market include the increasing awareness of interior aesthetics, which encourages consumers to invest in stylish and practical fitted wardrobes. Eco-friendly materials and sustainable practices are becoming pivotal as environmentally-conscious consumers seek products that align with their values. Also, integrating technology, such as smart storage solutions and modular designs, offers manufacturers a chance to innovate and capture a broader market.

For more information, visit verifiedmarketreports.com.

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About the author
Michaelle Bradford | Editor

Michaelle Bradford, CCI Media, is Editor of Closets & Organized Storage magazine and Woodworking Network editor. She has more than 20 years of experience covering the woodworking and design industry, including visits to custom cabinet shops, closet firms and design studios throughout North America. As Editor of Closets & Organized Storage magazine under the Woodworking Network brand, Michaelle’s responsibilities include writing, editing, and coordinating editorial content as well as managing annual design competitions like the Top Shelf Design Awards. She is also a contributor to FDMC and other Woodworking Network online and print media owned by CCI Media.