2014

US Home Organization Products Market

NEW YORK, May 23, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Home Organization Products Market

http://www.reportlinker.com/p0702257/US-Home-Organization-Products-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Office_and_Storage_Furniture

US demand to rise 3.7% annually through 2017

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.

Modular units to be fastest growing product segment

Bins, baskets, and totes accounted for the largest share of home organization product sales in 2012, with 37 percent of the total market. These products, which can be decorative or purely functional, are widely used in most households to store and organize belongings of all sizes.

Demand for modular units is expected to post the fastest annual gains among home organization products, rising 5.5 percent annually through 2017. Advances will be supported by the flexibility provided by modular units, which allow consumers to seamlessly add on to or redesign existing organization systems. The interest in organizing closets and garages also benefits demand for modular units since these areas account for the majority of modular unit sales.

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.

Wood-, laminate-based products to lead gains

Metal and wire home organization products accounted for the largest share of sales by material type, with 30 percent of the total in 2012. These products are also expected to post above-average gains through 2017, benefiting from strong growth in sales of modular units and cabinetry organization accessories.

However, demand for wood- and laminate-based products is expected to post the fastest gains over the forecast period, driven by strong increases in modular units and shelving, including higher-end closet systems that resemble furniture and fine cabinetry.

Study coverage

This upcoming Freedonia industry study, Home Organization Products, is priced at $5100. It presents historical demand data (2002, 2007, 2012) plus forecasts for 2017 and 2022 by material, product, room, and market. In addition, the study considers market environment factors, evaluates company market share, and profiles 33 players in the US industry.

TABLE OF CONTENTS

INTRODUCTION ix

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
Macroeconomic Environment 4
Demographic Trends 8
Population 9
Households 13
Consumer Trends 14
Personal Income & Expenditures 15
Consumer Financing 18
Residential Building Construction 21
Housing Completions 23
Housing Stock 27
Improvements & Repairs 31
Self Storage Market 33
Pricing 34
Foreign Trade 38
World Market 39

III. MATERIALS 42

General 42
Metal & Wire 45
Products 47
Suppliers 49
Plastic 51
Products 53
Suppliers 54
Wood 55
Products 57
Suppliers 58
Wicker, Rattan, & Other 59
Wicker, Rattan, & Other Weaves 62
Canvas & All Other Materials 63
Suppliers 65

IV. PRODUCTS 66

General 66
Bins, Baskets, & Totes 71
Materials 74
Rooms 76
Suppliers 77
Shelving 79
Materials 80
Rooms 83
Suppliers 85
Modular Units 85
Materials 88
Rooms 90
Suppliers 92
Hanging Storage 93
Materials 95
Rooms 97
Suppliers 98
Accessories & Other 99
Materials 101
Rooms 103
Suppliers 104

V. ROOMS 106

General 106
Closets & Bedrooms 109
Closets 113
Bedrooms 116
Garages 118
Products 122
Suppliers 125
Family Rooms 126
Products 128
Suppliers 129
Pantries & Kitchens 130
Products 132
Suppliers 134
Bathrooms & Utility Rooms 134
Products 137
Suppliers 139
Other 140
Products 141
Suppliers 142

VI. MARKETS 144

General 144
Do-It-Yourself 147
Retailers 150
Suppliers 151
Professional Installation 152
Builders & Remodeling Contractors 155
Suppliers 157

VII. INDUSTRY STRUCTURE 159

General 159
Industry Composition 160
Market Share 164
Competitive Strategies 169
Distribution 172
Marketing 176
Cooperative Agreements 180
Company Profiles 183
Akro-Mils, see Myers Industries
Ameriwood Industries, see Dorel Industries
California Closet, see FirstService
Cedar Fresh, see Household Essentials
Closet & Storage Concepts 184
Closet Factory Franchise Corporation 186
ClosetMaid, see Emerson Electric
Contemporary Closet Classics, see Stow
Diamond Storage Concepts, see Knape & Vogt
Manufacturing
Dorel Industries Incorporated 188
Elfa International AB 190
Emerson Electric Company 192
FirstService Corporation 197
Flambeau Incorporated 200
Fortune Brands Home & Security Incorporated 203
GarageTek Incorporated 205
Genuine Parts Company 208
Gracious Living Corporation 209
Häfele GmbH & Company KG 211
Hirsh Industries Incorporated 213
Home Products International Incorporated 214
Household Essentials LLC 217
Illinois Tool Works Incorporated 221
InterDesign Incorporated 223
InterMetro Industries, see Emerson Electric
Jarden Corporation 225
Knape & Vogt Manufacturing Company 227
KraftMaid Cabinetry, see Masco
Lehigh Consumer Products, see Jarden
Liberty Hardware Manufacturing, see Masco
Masco Corporation 232
Merillat Industries, see Masco
Myers Industries Incorporated 234
Newell Rubbermaid Incorporated 237
Organized Living 242
Pacific Closet Works, see STOR-X Organizing Systems
Plano Molding Company Incorporated 245
Pro-Mart Industries Incorporated 248
Racor, see Illinois Tool Works
Sauder Woodworking Company 249
SCHULTE, see Organized Living
SP Richards, see Genuine Parts
Spectrum Diversified Designs Incorporated 253
Sterilite Corporation 255
Storage Solutions 257
StoreWALL LLC 259
STOR-X Organizing Systems 261
Stow Company 263
Waterloo Industries, see Fortune Brands Home & Security
Whirlpool Corporation 266
Other Home Organization Companies 270



LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Indicators 7
2 Population & Households 9
3 Personal Consumption Expenditures 18
4 Consumer Financing Environment, 2002-2012 21
5 Residential Building Construction Expenditures 23
6 New Housing Indicators 27
7 Housing Stock by Type 30
8 Residential Improvement & Repair Expenditures 32

SECTION III -- MATERIALS

1 Home Organization Product Demand by Material 44
2 Metal & Wire Home Organization Product Demand 47
3 Plastic Home Organization Product Demand 53
4 Wood Home Organization Product Demand 57
5 Wicker, Rattan, & Other Materials Home Organization
Product Demand 61

SECTION IV -- PRODUCTS

1 Home Organization Product Demand by Type 69
2 Bin, Basket, & Tote Demand 74
3 Shelving Demand 80
4 Modular Unit Demand 87
5 Hanging Storage Demand 95
6 Accessory & Other Home Organization Product Demand 101

SECTION V -- ROOMS

1 Home Organization Product Demand by Room 108
2 Closets & Bedrooms: Home Organization Product Demand 113
3 Garages: Home Organization Product Demand 122
4 Family Rooms: Home Organization Product Demand 128
5 Pantries & Kitchens: Home Organization Product Demand 132
6 Bathrooms & Utility Rooms: Home Organization
Product Demand 137
7 Other Areas: Home Organization Product Demand 141

SECTION VI -- MARKETS

1 Home Organization Product Demand by Market 146
2 Do-It-Yourself Market for Home Organization Products 150
3 Professional Market for Home Organization Products 155

SECTION VII -- INDUSTRY STRUCTURE

1 Home Organization Product Sales by Company, 2012 163
2 Selected Cooperative Agreements 182



LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Year of Construction of Housing Stock, 2012 31
2 Self Storage Facilities in the US, 2002-2012 34

SECTION III -- MATERIALS

1 Home Organization Product Demand by Material, 2012 44

SECTION IV -- PRODUCTS

1 Home Organization Product Demand by Type, 2012 70
2 Average Spending On Home Organization Products
by Type, 2002-2022 70
3 Bin, Basket, & Tote Demand by Material, 2012 76
4 Shelving Demand by Material, 2012 83
5 Modular Unit Demand by Material, 2012 90
6 Hanging Storage Demand by Material, 2012 97
7 Accessory & Other Home Organization Product Demand
by Material, 2012 103

SECTION V -- ROOMS

1 Home Organization Product Demand by Room, 2012 108
2 Average Spending on Home Organization Products
by Room, 2002-2022 109

SECTION VI -- MARKETS

1 Home Organization Product Demand by Market, 2002-2022 146
2 Home Organization Markets by Room, 2012 147

SECTION VII -- INDUSTRY STRUCTURE

1 US Home Organization Product Market Share, 2012 164
2 Retail Sales of Home Organization Products, 2002-2012 176

To order this report:
Office_and_Storage_Furniture Industry:
US Home Organization Products Market

Contact Clare: clare@reportlinker.com
US:(339) 368 6001
Intl:+1 339 368 6001

SOURCE Reportlinker



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