The garage organization products market is projected to reach $3.8 billion by 2028, with a 1.9% annual growth rate. According to a study by ResearchAndMarkets.com, the expected growth is based on growing consumer demand for organized, multipurpose garages.
While shelves, bins, and baskets remain popular with homeowners, modular systems are gaining momentum, according to the US Garage Organization Product Market 2024-2028 study. These customizable solutions cater to specific organizational needs and are expected to account for 31% of total garage organization product sales growth through 2028. Metal and plastic will be popular materials for garage organization products.
Opportunities for market expansion are concentrated in regions lacking basements, where garages serve dual storage purposes. Additionally, increased home construction with larger garages fosters demand for more elaborate storage solutions.
The U.S. garage organization market is expected to remain competitive, with room for growth in regional targeting and the development of specialty products that meet consumer needs.
Key players in the market include FirstService (California Closets), GarageTek, Griffon (Closet Maid), Newell Rubbermaid, Sterilite, The Stow Co., and Whirlpool (Gladiator).
For more information, visit researchandmarkets.com.
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