Market Size of US Home Organizers And Storage Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.50 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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US Home Organizers and Storage Market Analysis
The US home organizers and storage market is valued at USD 11,650.5 million in the current year and is expected to register a CAGR of 3.5% during the forecast period.
The evolving preferences of consumers seeking efficiency, convenience, and aesthetics within their homes are reflected in the US housing organizers and storage market. With a blend of established giants and specialized players, the market continues to evolve through innovation and customization.
Smart and digital storage, which uses technologies to increase the storage experience and functionalities, is one of three trends in intelligent storage solutions. In the United States, there is an increasing number of home renovation projects that are focusing on custom storage solutions for homes. Consumers are opting for custom storage solutions, such as custom-made closets and kitchen storage, that provide maximum storage.
The COVID-19 pandemic brought a radical change in the way homes are used. Work-from-home settings, homeschooling setup, and transforming the garage to a workout space are the result of the pandemic. This brought adaptation and reconstruction in the consumer's lifestyle. Organizing the available space and setting up new and innovative spaces for storage has become common re-organization home projects post-pandemic.
Immediately after the pandemic, there was a surge in the number of people interested in home organization. A number of home organization companies, such as Freshly Organized LLC, reported a massive rise in inquiries, website traffic, virtual appointments with experts, and subscriptions. This sudden increase in interest in home organization was related to a coping mechanism for the pandemic.
