This study analyzes the US market for home organization products. Historical data are provided for 2002, 2007, and 2012, with forecasts for 2017 and 2022. Demand is presented for US sales of home organization products by

• material (metal, plastic, wood, and other)
• type (bins, baskets, totes, shelving, modular units, hanging storage, and accessories and other)
• room (closets and bedrooms, garages, family rooms and media centers, kitchens and pantries, bathrooms and utility rooms, and other areas)
• market (do-it-yourself and professional installation)

Demand is presented in millions of US dollars at the manufacturers’ level. Food storage products, conventional cabinets, and office products are not included within the scope of this study.

The report “Home Organization Products to 2017” (http://www.reportsnreports.com/reports/248756-home-organization-products-to-2017.html) says US demand for home organization products will increase 3.7 percent annually to $9.3 billion in 2017. The economic recovery — particularly the rebound in residential construction and consumer spending — will support demand going forward. Gains will also benefit from the introduction of decorative and specialty home organization products as well as by the strong growth in larger, more expensive closet and garage systems. Demographic trends such as baby boomers becoming empty nesters and moving into smaller homes and their children moving into college housing and first apartments will also provide opportunities given that small spaces benefit from organization products. Preventing even more rapid growth will be the commoditization of many home organization products, competition from producers in low manufacturing cost countries, and the expected moderation in prices for many raw materials. In addition, large retailers, especially mass merchandisers and big box home improvement stores, will exert pricing pressure on home organization product manufacturers, partly through their use of lower-cost private label lines.

Best opportunities to be in garage organization

Sales of home organization products for use in garages are expected to post the fastest gains, rising 5.6 percent per year through 2017. In part, this reflects the relative immaturity of the garage storage market. However, advances will also be aided by increases both in the share of homes with garages and in the average size of garages, along with consumer desires to make the garage space suitable for hobbies or other activities. Sales of home organization products for use in closets will also achieve above-average growth, supported by the increasing availability of these items in a variety of retail outlets. Gains will be boosted by high-end closet systems made from solid wood or laminated panels and by rising consumer demand for closet systems outside of the master bedroom.

Companies profiled in this report include: Akro-Mils, see Myers Industries, Ameriwood Industries, see Dorel Industries, California Closet, see FirstService, Cedar Fresh, see Household Essentials, Closet & Storage Concepts, Closet Factory Franchise Corporation, ClosetMaid, see Emerson Electric, Contemporary Closet Classics, see Stow, Diamond Storage Concepts, see Knape & Vogt Manufacturing, Dorel Industries Incorporated, Elfa International AB, Emerson Electric Company, FirstService Corporation, Flambeau Incorporated, Fortune Brands Home & Security Incorporated, GarageTek Incorporated, Genuine Parts Company, Gracious Living Corporation, Häfele GmbH & Company KG, Hirsh Industries Incorporated, Home Products International Incorporated, Household Essentials LLC, Illinois Tool Works Incorporated, InterDesign Incorporated, InterMetro Industries, see Emerson Electric, Jarden Corporation, Knape & Vogt Manufacturing Company, KraftMaid Cabinetry, see Masco, Lehigh Consumer Products, see Jarden, Liberty Hardware Manufacturing, see Masco, Masco Corporation, Merillat Industries, see Masco, Myers Industries Incorporated, Newell Rubbermaid Incorporated, Organized Living, Pacific Closet Works, see STOR-X Organizing Systems, Plano Molding Company Incorporated, Pro-Mart Industries Incorporated, Racor, see Illinois Tool Works, Sauder Woodworking Company, SCHULTE, see Organized Living, SP Richards, see Genuine Parts, Spectrum Diversified Designs Incorporated, Sterilite Corporation, Storage Solutions, StoreWALL LLC, STOR-X Organizing Systems, Stow Company, Waterloo Industries, see Fortune Brands Home & Security and Whirlpool Corporation.

Comprehensive Table of Contents and more for the report @ http://www.reportsnreports.com/reports/248756-home-organization-products-to-2017.html. Contact [email protected] for further information.