Garage Organization & Storage Market By Type (Garage Cabinets, Garage Shelves/Racks, Garage Wall Organization), By Application (Residential, Commercial), By Region, By Competition Forecast & Opportunities, 2018-2028F

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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 22.50 billion

CAGR (2023-2028)

7.85%

Fastest Growing Segment

Garage Cabinets

Largest Market

North America


Market Overview

The global garage organization & storage market has valued at USD 22.50 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.85% through 2028. Increasing ownership of vehicles and rising disposable income, especially in high-income nations, are the main factors fueling the expansion of this industry globally. Customers may neatly and conveniently divide their belongings using garage organization and storage methods. Over time, the garage space in standalone homes has changed from a simple place to park cars to a sizable storage area that may house a variety of vehicles, tools, and equipment used for both recreational and professional purposes.

The self-storage sector observed an increase in demand for more space even as many firms struggled to remain operational throughout the pandemic. The majority of businesses worldwide used the work-from-home strategy throughout the pandemic, which helped the sector develop even more. During this time, a number of businesses in the sector noticed a surge in demand for their products from customers looking to brighten up garages and other storage places.

The demand from consumers for convenient storage of a variety of goods while also keeping cleanliness in the garage is projected to propel the global market towards rapid expansion in the upcoming years. As firms sought to take advantage of a steady and increasing demand for these products, many customers observed a constant pace of new innovations. The garage is developing into a significant prospect for homes due to the rising number of family heads residing there and the garage's multipurpose nature. Industry companies are creating sizable storage units with several uses in mind, including use as garage storage and other home storage units.

The demand for extra storage space as families acquire and grow more material items is the main factor influencing the performance of garage storage properties. In addition, as baby boomers downsize, a greater need for storage facilities is anticipated. Growing urban population results in more renters who move around more frequently. People often use garage storage products to store pesticides, pool products, commercial cleaning products and equipment, paints, paint thinners, and industrial cleaners. According to the U.S. Fire Administration, some of these products are highly flammable and can cause severe fire incidents.

Key Market Drivers

Rising Real Estate Costs and Space Constraints

Urbanization and population growth have led to increased real estate costs and a shortage of living space in many areas. As a result, homeowners are seeking ways to make the most of every inch of their properties, including their garages. The need to optimize available space efficiently has driven the demand for garage organization and storage solutions that allow homeowners to store their belongings and engage in various activities without cluttering the living space.

Home Improvement Trends

The garage is no longer an afterthought in home design. Homeowners are investing in transforming their garages into functional and aesthetically pleasing spaces. Home improvement trends, including the conversion of garages into gyms, offices, or entertainment areas, have increased the demand for storage solutions that can accommodate these new uses while maintaining an organized environment.

Lifestyle Changes

Changes in lifestyle and consumer behavior have contributed to the growth of the garage organization and storage market. The rise of e-commerce and online shopping has led to an influx of packages and deliveries, creating a need for designated storage areas within garages. Additionally, the trend of do-it-yourself (DIY) projects and hobbies has increased the demand for well-organized workshop spaces, prompting homeowners to invest in storage solutions that cater to their hobbies.

Awareness of Space Efficiency

With environmental concerns and the desire for sustainable living becoming more prominent, homeowners are becoming increasingly conscious of efficient space utilization. Garage organization and storage solutions not only help homeowners declutter their living areas but also promote responsible consumption by encouraging the reuse and repurposing of items rather than discarding them due to lack of storage.

Technological Advancements

The garage organization and storage market has benefited from technological advancements that have led to the development of innovative storage solutions. From motorized overhead storage systems to smart storage solutions that can be controlled via smartphones, technology has transformed the way homeowners interact with and utilize their garage spaces.

Aging Infrastructure and Renovation

Many homes, particularly in established neighborhoods, have aging garages with outdated storage systems or no storage solutions at all. Homeowners undertaking renovation projects often opt to modernize their garages and integrate efficient storage solutions. This trend has spurred demand for garage organization products that align with contemporary design sensibilities.

Increased Disposable Income

Economic growth and increased disposable income have enabled homeowners to invest more in improving their living spaces, including their garages. This willingness to spend on organization and storage solutions has expanded the garage organization market, encouraging manufacturers to develop a wide range of products to cater to different budgets and preferences.

Changing Retail Landscape

The retail landscape for garage organization and storage products has evolved significantly. While traditional brick-and-mortar stores remain important, the proliferation of online retail platforms has made it easier for consumers to access a wide variety of products and compare different options. Online shopping also allows manufacturers to reach a global customer base, further driving market growth.

DIY Culture and Homeownership

The do-it-yourself (DIY) culture has gained momentum, particularly among homeowners. Many homeowners prefer to tackle organization projects on their own before seeking professional help. This culture has led to a demand for easily installable and customizable garage storage solutions that cater to a range of skill levels.

Awareness of Mental Well-being

Cluttered and disorganized spaces can contribute to stress and reduced mental well-being. As awareness of the impact of living environments on mental health grows, homeowners are investing in organization and storage solutions to create serene and orderly spaces within their garages. This focus on mental well-being has become a driving factor in the adoption of garage organization solutions.


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Key Market Challenges

Diverse Consumer Needs and Preferences

One of the major challenges in the garage organization and storage market is the wide range of consumer needs and preferences. Garages are used for different purposes by different people, ranging from storing tools and equipment to housing recreational items or creating a home gym. This diversity makes it difficult for manufacturers and designers to create one-size-fits-all solutions that cater to everyone's needs. Adapting products to suit various requirements without compromising on functionality and aesthetics poses a significant challenge.

Limited Space and Overaccumulation

Garages often have limited space, and homeowners tend to accumulate a variety of items over time. This overaccumulation of belongings can lead to clutter and disorganization. Designing storage solutions that effectively utilize the available space while accommodating various types of items can be a complex task. Furthermore, finding innovative ways to encourage users to declutter and let go of items they no longer need is an ongoing challenge.

Customization and Flexibility

Consumers are increasingly looking for customizable and flexible storage solutions that can adapt to their changing needs. Designing products that can be easily reconfigured, expanded, or modified requires a balance between modularity and durability. Creating such solutions that cater to both immediate and future storage requirements is a challenge that manufacturers must navigate.

Quality and Durability

Garage environments can be harsh, with temperature fluctuations, humidity, and exposure to various chemicals. Ensuring that storage products are durable enough to withstand these conditions while maintaining their functionality and appearance is a significant challenge. The market demands products that not only provide effective storage but also stand the test of time.

Retail and Distribution Challenges

The integration of technology into garage organization and storage solutions presents both opportunities and challenges. Smart storage systems, automated organization tools, and IoT-enabled products can enhance the user experience, but they also require sophisticated design, reliable connectivity, and user-friendly interfaces. Balancing technological innovation with practicality and affordability is a constant challenge.

Economic Factor

The garage organization and storage market's growth is closely tied to the overall economic conditions. During economic downturns, consumers may prioritize spending on essential needs rather than on organizing and improving their garages. Manufacturers in this market need to be prepared for fluctuations in demand based on economic factors.

Thus, the garage organization and storage market is faced with a myriad of challenges stemming from diverse consumer needs, technical complexities, economic influences, and evolving trends. However, these challenges also present opportunities for innovation and growth. Manufacturers and designers who can navigate these obstacles and create solutions that balance functionality, aesthetics, and sustainability stand to make a significant impact on this dynamic market.

Key Market Trends

Customization and Modular Solutions

One of the most significant trends in the garage organization and storage market is the increasing demand for customization and modular solutions. Homeowners recognize that a one-size-fits-all approach doesn't suit their varied needs. They seek flexible storage systems that can be customized to accommodate their specific belongings, whether it's tools, sports equipment, or hobby materials. Modular systems that can be easily reconfigured and expanded offer adaptability as storage needs evolve over time.

Smart Storage Solutions

The integration of smart technology into everyday products has extended to the garage. Smart storage solutions are gaining traction as homeowners seek ways to manage their belongings more efficiently. These solutions can include sensor-enabled shelves that alert users when items are running low, app-controlled organization systems that provide inventory management, and even voice-activated commands to access specific items. The convenience and organization that smart storage offers align well with modern homeowners' tech-savvy lifestyles.

Hybrid Spaces

Garages are no longer just storage spaces; they're becoming hybrid areas that blend functionality with aesthetics. This trend is driven by the desire to create additional living or working spaces within the home. Garages are being transformed into home gyms, workshops, art studios, and even guest bedrooms. As a result, storage solutions need to accommodate these multifunctional needs while maintaining an organized and clutter-free environment.

Sustainability and Eco-Friendly Solutions:

The growing emphasis on sustainability and eco-consciousness is influencing the garage organization and storage market. Consumers are seeking products made from environmentally friendly materials and manufactured using sustainable practices. This trend has pushed manufacturers to explore innovative materials, such as recycled plastics and responsibly sourced wood, and to adopt greener production methods. Eco-friendly storage solutions resonate with consumers who prioritize both functionality and ethical consumption.

Innovative Space Utilization

With space becoming increasingly valuable, optimizing every square inch of the garage is a top priority. Innovative space utilization techniques are emerging, including overhead storage systems, wall-mounted solutions, and sliding racks. These solutions make use of often-underutilized areas and transform them into functional storage spaces. By thinking vertically and creatively, homeowners can maximize their storage capacity without compromising on available floor space.

Multi-Functional Furniture and Accessories

In line with the trend of hybrid spaces, multi-functional furniture and accessories are gaining popularity in garage organization and storage. Workbenches with built-in storage, wall-mounted cabinets that double as workspace, and foldable tables are examples of products that cater to diverse needs. These items blur the lines between storage and functional furniture, allowing homeowners to create dynamic spaces that can adapt to various activities.

Vertical Storage Optimization

With limited floor space in garages, maximizing vertical storage has become essential. Vertical storage solutions make use of wall space to store items off the ground, freeing up floor area for other purposes. Wall-mounted shelving, pegboards, slatwall systems, and hanging racks are popular options that allow homeowners to keep frequently used items easily accessible while maintaining a clutter-free environment. Top of Form

Segmental Insights

Type Insights

Based on type, in 2022, the garage cabinets market segment held a commanding market share of the total revenue. Assorted and customizable cabinets are growing in popularity, which is expected to increase demand for these goods over the projection period. These items allow customers to easily store a range of items while maintaining garage organization. All space is used to the fullest degree feasible thanks to convenient access and designated areas for storing particular tools and equipment.

Strong consumer demand and a consistent CAGR are anticipated for the shelves/racks type category over the projected period. 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 Insights

The residential application segment accounted for the largest revenue in 2022 and is anticipated to experience strong penetration in the years to come, 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.

Over the projection period, the commercial application category is predicted to increase at the quickest rate. In order to offer convenience and ease of storage to their customers, several rental and commercial parking garages utilize organization and storage goods. Increasing vehicle sales nationwide are predicted to increase construction spending on commercial parking lots and garages over the projection period, according to information provided by the U.S. Census Bureau. The demand for these products in commercial settings is predicted to increase as a result.


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Regional Insights

In 2022, with the largest share, North America dominated the global industry. 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. In the forecasted period, Asia Pacific is anticipated to develop at the quickest rate. Consumer spending is what is essentially driving the growth.

Recent Developments

  • In 2022-Bulldog Garage Products introduced its epoxy, epoxy chips, and garage cabinet storage systems at Lowe’s for residential and commercial consumers.
  • In 2021-Gladiator launched a premier pre-assembled 7-drawer modular tool storage cabinet. The product is designed to provide a heavy-duty storage system that accommodates workshops or garages.

Key Market Players

  • Gladiator
  • GarageTek Inc.
  • Sterilite Corp.
  • Stanley Black & Decker
  • Lowe's Companies Inc.
  • ClosetMaid Corp.
  • Monkey Bars Storage Company
  • Rubbermaid Commercial Products LLC
  • Alpha Guardian
  • Cannon Security Products

 By Type

By Application

By Region
  • Garage Cabinets
  • Garage Shelves/Racks
  • Garage Wall Organization
  • Residential
  • Commercial
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the global garage organization & storage market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Garage Organization & Storage Market, By Type:

o   Garage Cabinets

o   Garage Shelves/Racks

o   Garage Wall Organization

  • Garage Organization & Storage Market, By Application:

o   Residential

o   Commercial

  • Garage Organization & Storage Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Garage Organization & Storage Market.

Available Customizations:

Global Garage Organization & Storage Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Garage Organization & Storage Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Global Garage Organization & Storage Market Outlook  

4.1.  Market Size & Forecast

4.1.1.    By Value

4.2.  Market Share & Forecast

4.2.1.    By Type Market Share Analysis (Garage Cabinets, Garage Shelves/Racks, Garage Wall Organization)

4.2.2.    By Application Industry Market Share Analysis (Residential, Commercial)

4.2.3.    By Regional Market Share Analysis

4.2.3.1.        North America Market Share Analysis

4.2.3.2.        South America Market Share Analysis

4.2.3.3.        Middle East & Africa Market Share Analysis

4.2.3.4.        Europe Market Share Analysis

4.2.3.5.        Asia-Pacific Market Share Analysis

4.2.4.    By Top 5 Companies Market Share Analysis, Others (2022)

4.3.  Global Garage Organization & Storage Market Mapping & Opportunity Assessment

4.3.1.    By Type Market Mapping & Opportunity Assessment

4.3.2.    By Application Industry Market Mapping & Opportunity Assessment

5.    North America Garage Organization & Storage Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis

5.2.2.    By Application Industry Market Share Analysis

5.2.3.    By Country Market Share Analysis

5.2.3.1.        United States Garage Organization & Storage Market Outlook

5.2.3.1.1.           Market Size & Forecast

5.2.3.1.1.1.               By Value

5.2.3.1.2.           Market Share & Forecast

5.2.3.1.2.1.               By Type Market Share Analysis

5.2.3.1.2.2.               By Application Industry Market Share Analysis

5.2.3.2.        Canada Garage Organization & Storage Market Outlook

5.2.3.2.1.           Market Size & Forecast

5.2.3.2.1.1.               By Value

5.2.3.2.2.           Market Share & Forecast

5.2.3.2.2.1.               By Type Market Share Analysis

5.2.3.2.2.2.               By Application Industry Market Share Analysis

5.2.3.3.        Mexico Garage Organization & Storage Market Outlook

5.2.3.3.1.           Market Size & Forecast

5.2.3.3.1.1.               By Value

5.2.3.3.2.           Market Share & Forecast

5.2.3.3.2.1.               By Type Market Share Analysis

5.2.3.3.2.2.               By Application Industry Market Share Analysis

6.    Europe Garage Organization & Storage Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Application Industry Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        France Garage Organization & Storage Market Outlook

6.2.3.1.1.           Market Size & Forecast

6.2.3.1.1.1.               By Value

6.2.3.1.2.           Market Share & Forecast

6.2.3.1.2.1.               By Type Market Share Analysis

6.2.3.1.2.2.               By Application Industry Market Share Analysis

6.2.3.2.        Germany Garage Organization & Storage Market Outlook

6.2.3.2.1.           Market Size & Forecast

6.2.3.2.1.1.               By Value

6.2.3.2.2.           Market Share & Forecast

6.2.3.2.2.1.               By Type Market Share Analysis

6.2.3.2.2.2.               By Application Industry Market Share Analysis

6.2.3.3.        Spain Garage Organization & Storage Market Outlook

6.2.3.3.1.           Market Size & Forecast

6.2.3.3.1.1.               By Value

6.2.3.3.2.           Market Share & Forecast

6.2.3.3.2.1.               By Type Market Share Analysis

6.2.3.3.2.2.               By Application Industry Market Share Analysis

6.2.3.4.        Italy Garage Organization & Storage Market Outlook

6.2.3.4.1.           Market Size & Forecast

6.2.3.4.1.1.               By Value

6.2.3.4.2.           Market Share & Forecast

6.2.3.4.2.1.               By Type Market Share Analysis

6.2.3.4.2.2.               By Application Industry Market Share Analysis

6.2.3.5.        United Kingdom Garage Organization & Storage Market Outlook

6.2.3.5.1.           Market Size & Forecast

6.2.3.5.1.1.               By Value

6.2.3.5.2.           Market Share & Forecast

6.2.3.5.2.1.               By Type Market Share Analysis

6.2.3.5.2.2.               By Application Industry Market Share Analysis

7.    Asia-Pacific Garage Organization & Storage Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Application Industry Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        China Garage Organization & Storage Market Outlook

7.2.3.1.1.           Market Size & Forecast

7.2.3.1.1.1.               By Value

7.2.3.1.2.           Market Share & Forecast

7.2.3.1.2.1.               By Type Market Share Analysis

7.2.3.1.2.2.               By Application Industry Market Share Analysis

7.2.3.2.        Japan Garage Organization & Storage Market Outlook

7.2.3.2.1.           Market Size & Forecast

7.2.3.2.1.1.               By Value

7.2.3.2.2.           Market Share & Forecast

7.2.3.2.2.1.               By Type Market Share Analysis

7.2.3.2.2.2.               By Application Industry Market Share Analysis

7.2.3.3.        India Garage Organization & Storage Market Outlook

7.2.3.3.1.           Market Size & Forecast

7.2.3.3.1.1.               By Value

7.2.3.3.2.           Market Share & Forecast

7.2.3.3.2.1.               By Type Market Share Analysis

7.2.3.3.2.2.               By Application Industry Market Share Analysis

7.2.3.4.        Vietnam Garage Organization & Storage Market Outlook

7.2.3.4.1.           Market Size & Forecast

7.2.3.4.1.1.               By Value

7.2.3.4.2.           Market Share & Forecast

7.2.3.4.2.1.               By Type Market Share Analysis

7.2.3.4.2.2.               By Application Industry Market Share Analysis

7.2.3.5.        South Korea Garage Organization & Storage Market Outlook

7.2.3.5.1.           Market Size & Forecast

7.2.3.5.1.1.               By Value

7.2.3.5.2.           Market Share & Forecast

7.2.3.5.2.1.               By Type Market Share Analysis

7.2.3.5.2.2.               By Application Industry Market Share Analysis

8.    Middle East & Africa Garage Organization & Storage Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Application Industry Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        South Africa Garage Organization & Storage Market Outlook

8.2.3.1.1.           Market Size & Forecast

8.2.3.1.1.1.               By Value

8.2.3.1.2.           Market Share & Forecast

8.2.3.1.2.1.               By Type Market Share Analysis

8.2.3.1.2.2.               By Application Industry Market Share Analysis

8.2.3.2.        Saudi Arabia Garage Organization & Storage Market Outlook

8.2.3.2.1.           Market Size & Forecast

8.2.3.2.1.1.               By Value

8.2.3.2.2.           Market Share & Forecast

8.2.3.2.2.1.               By Type Market Share Analysis

8.2.3.2.2.2.               By Application Industry Market Share Analysis

8.2.3.3.        UAE Garage Organization & Storage Market Outlook

8.2.3.3.1.           Market Size & Forecast

8.2.3.3.1.1.               By Value

8.2.3.3.2.           Market Share & Forecast

8.2.3.3.2.1.               By Type Market Share Analysis

8.2.3.3.2.2.               By Application Industry Market Share Analysis

8.2.3.4.        Turkey Garage Organization & Storage Market Outlook

8.2.3.4.1.           Market Size & Forecast

8.2.3.4.1.1.               By Value

8.2.3.4.2.           Market Share & Forecast

8.2.3.4.2.1.               By Type Market Share Analysis

8.2.3.4.2.2.               By Application Industry Market Share Analysis

9.    South America Garage Organization & Storage Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Application Industry Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Argentina Garage Organization & Storage Market Outlook

9.2.3.1.1.           Market Size & Forecast

9.2.3.1.1.1.               By Value

9.2.3.1.2.           Market Share & Forecast

9.2.3.1.2.1.               By Type Market Share Analysis

9.2.3.1.2.2.               By Application Industry Market Share Analysis

9.2.3.2.        Colombia Garage Organization & Storage Market Outlook

9.2.3.2.1.           Market Size & Forecast

9.2.3.2.1.1.               By Value

9.2.3.2.2.           Market Share & Forecast

9.2.3.2.2.1.               By Type Market Share Analysis

9.2.3.2.2.2.               By Application Industry Market Share Analysis

9.2.3.3.        Brazil Garage Organization & Storage Market Outlook

9.2.3.3.1.           Market Size & Forecast

9.2.3.3.1.1.               By Value

9.2.3.3.2.           Market Share & Forecast

9.2.3.3.2.1.               By Type Market Share Analysis

9.2.3.3.2.2.               By Application Industry Market Share Analysis

10. Market Dynamics

10.1.   Drivers

10.2.   Challenges

11. Market Trends & Developments

12. Competitive Landscape

12.1.   Business Overview

12.2.   Application Offerings

12.3.   Recent Developments

12.4.   Key Personnel

12.5.   SWOT Analysis

12.5.1. Gladiator

12.5.2. GarageTek Inc.

12.5.3. Sterilite Corp.

12.5.4. Stanley Black & Decker

12.5.5. Lowe's Companies Inc.

12.5.6. ClosetMaid Corp.

12.5.7. Monkey Bars Storage Company

12.5.8. Rubbermaid Commercial Products LLC

12.5.9. Alpha Guardian

12.5.10.              Cannon Security Products

13. Strategic Recommendations/Action Plan

13.1.   Key Focus Areas

13.2.   Target Type

13.3.   Target Application

14. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global Garage Organization & Storage market is estimated to be USD 22.50 billion in 2022.

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Gladiator; GarageTek Inc.; Sterilite Corporation; Stanley Black & Decker; Lowe's Companies Inc.; ClosetMaid Corporation; Monkey Bars Storage Company; Rubbermaid Commercial Products LLC; Alpha Guardian; Cannon Security Products are the leading players in global Garage Organization & Storage market.

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With a largest market share in 2022, North America dominated the garage organization & storage industry. This is because more consumers are interested in modernizing and moving the storage and utility of a house garage.

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The rise of the garage organization and storage market is primarily being driven by increased vehicle ownership rates, rising disposable income, and high-income countries in particular.

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Parvati Sharma

Account Manager BD
Press Release

Global Garage Organization & Storage Market to Grow with a CAGR of 7.85% through 2028

Nov, 2023

Increase in the number of vehicle owners and rising disposable income, especially in high-income countries are factors driving the global garage organization & storage market in the forecast period 2

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