Market Size of Europe 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 | 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Home Organizers & Storage Market Analysis
Owing to COVID-19, vendors, have implemented several safety routines. These include travel restrictions for all workers, remote offices, and many facility disinfection. The ongoing COVID-19 pandemic has resulted in a significant decline in market growth.
The European home organizers and storage market has historically been subjected to moderate growth due to the rise in demand for consumers with improved urban lifestyles. The home organizers and storage market in Europe have evolved with the increasing number of facilities and space offerings across several countries in the region. Driven by the growing urbanization rate, rising population, improved economic outlook, and cramming spaces, the European mass can be noted to rent out spaces for both personal and commercial needs, which has supported the growth of the studied market.
Furthermore, with the arrival of emerging technology, the market is anticipated to be positively influenced. For example, features like specialized payment options, facility maps, online access for customers, and gate access integration drives the demand.
Europe Home Organizers & Storage Industry Segmentation
The report provides the scope of the market along with primary growth factors and offers major market insights. The Europe Organizers and Storage Market report covers a brief overview of the segments and sub-segmentations including the product types, applications, companies and countries. This report describes the market size by analyzing historical data and future forecasts. The Europe Home Organizers and Storage Market is segmented by Product (Storage Baskets, Storage Boxes, Storage Bags, Hanging Stores, Multipurpose Organizers, Travel Luggage Organizers, and Others), by Application (Bedroom Closets, Laundry Rooms, Home Offices, Pantries and Kitchen, Garages, and Others), and by Geography (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe).
By Product | |
Storage Baskets | |
Storage Boxes | |
Storage Bags | |
Hanging Storage | |
Multipurpose Organizers | |
Travel Luggage Organizers | |
Others (shelving, totes, accessories, etc.) |
By Application | |
Bedroom Closets | |
Laundry Rooms | |
Home Offices | |
Pantries and Kitchen | |
Garages | |
Others (living room, bathroom, utility room, etc.) |
By Distribution Channel | |
Hypermarkets/Supermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
By Country | |
UK | |
Germany | |
France | |
Italy | |
Spain | |
Russia | |
Rest of Europe |
Europe Home Organizers and Storage Market Size Summary
The European home organizers and storage market has experienced moderate growth, influenced by the increasing demand for efficient space management solutions amid rising urbanization and population growth. The market's evolution is driven by the need for both personal and commercial space rentals, supported by an improved economic outlook and the trend of cramming spaces. The integration of emerging technologies, such as specialized payment options and online access, is expected to further boost market demand. Additionally, the ongoing shortage of affordable housing and the high homeownership rates across Europe have led to a preference for home renovations, which in turn drives the demand for home organizers and storage solutions.
Urbanization in Europe continues to be a significant factor impacting the market, with demographic changes, economic growth, and high-quality urban services playing crucial roles. The urbanization process, although moderating, still contributes to increased employment rates and awareness of home trends. The report highlights major manufacturers in the region, detailing their market shares, strategic moves, and investments in product innovation to maintain competitive advantage. The challenges posed by supply chain disruptions and inflation, as seen with companies like IKEA, underscore the dynamic nature of the market, where companies must adapt to changing economic conditions to sustain growth.
Europe Home Organizers and Storage Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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1.5 Porter's Five Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights on Trends and Innovations in the Market
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1.7 Impact of Covid 19 on the market
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Storage Baskets
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2.1.2 Storage Boxes
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2.1.3 Storage Bags
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2.1.4 Hanging Storage
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2.1.5 Multipurpose Organizers
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2.1.6 Travel Luggage Organizers
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2.1.7 Others (shelving, totes, accessories, etc.)
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2.2 By Application
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2.2.1 Bedroom Closets
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2.2.2 Laundry Rooms
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2.2.3 Home Offices
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2.2.4 Pantries and Kitchen
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2.2.5 Garages
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2.2.6 Others (living room, bathroom, utility room, etc.)
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2.3 By Distribution Channel
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2.3.1 Hypermarkets/Supermarkets
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2.3.2 Specialty Stores
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2.3.3 Online
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2.3.4 Other Distribution Channels
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2.4 By Country
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2.4.1 UK
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2.4.2 Germany
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2.4.3 France
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2.4.4 Italy
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2.4.5 Spain
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2.4.6 Russia
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2.4.7 Rest of Europe
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Europe Home Organizers and Storage Market Size FAQs
What is the current Europe Home Organizers and Storage Market size?
The Europe Home Organizers and Storage Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Home Organizers and Storage Market?
Mamas & Papas, Child home, Yearning Home, Lifewit and Ikea are the major companies operating in the Europe Home Organizers and Storage Market.