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Home Oil & Gas Electricity Metals Treasuries Stocks My Portfolios Forex
News - Full Story The US Garage Furniture Market to Create Revenue Opportunities of Over $3 Billion by 2029 - Residential Segment to Lead the Industry Growth - Exclusive Focus Research Report by Arizton

CHICAGO, April 25, 2024 /PRNewswire/ -- According to Arizton's latest focus research report, the US garage furniture market is growing at a CAGR of 2.20% during 2024-2029.

To Know More, Download the Free Sample Report:
https://www.focusreports.store/report/us-garage-furniture-market-focused-insights

The US Garage Furniture Market Report Scope

Report Attributes

Details

Market Size (2029)0x202F0x202F

$3.17 Billion

Market Size (2023)

$2.78 Billion

CAGR (2023-2029)0x202F0x202F

2.20 %

Historic Year

2020-2022

Base Year

2023

Forecast Year

2024-2029

The robust growth in the home improvement sector is a significant driver for the garage furniture market in the US. With more homeowners investing in enhancing their living spaces, there is a parallel surge in demand for well-organized and functional garages. This trend is fuelled by an increase in DIY projects and a growing interest in transforming garages into multifunctional spaces, contributing to the overall expansion of the garage furniture market. Despite the evolving market, a challenge lies in consumer education and awareness regarding the diverse garage furniture options available. Many consumers may not be fully informed about the latest trends, materials, or technologies in garage furniture. Manufacturers and retailers face the task of effectively communicating the benefits and features of their products to ensure that consumers make informed purchasing decisions. Overcoming this challenge is crucial for sustaining market growth. The US garage furniture market exhibits strength in its robust online presence and effective digital marketing strategies. Companies leveraging e-commerce platforms, social media, and digital advertising have successfully expanded their reach and engaged with a broader audience. This strength contributes to increased sales and enables manufacturers to gather valuable insights into consumer preferences, helping them adapt their offerings to meet evolving market demands.

Product Innovation:

  • In 2023, Gladiator, one of the prominent vendors, introduced the Flex Cabinet System, revolutionizing garage customization. These cabinets are available in four types that offer homeowners flexibility and strength. The 30" Tall Cabinet, 24" Wall Cabinet, 24" 2-door Base Cabinet, and 24" 1-Drawer 2-Door Base Cabinet are all constructed from 24-gauge steel with welded precision. Adjustable shelves with hidden brackets accommodate various storage needs. Soft-touch recessed handles and adjustable soft-close doors enhance usability. The multi-point locking mechanism ensures items remain safe. With pre-configured systems capable of holding up to 2,350 pounds of evenly distributed weight, Gladiator caters to diverse garage layouts. Their innovation sets a high bar for competitors, urging them to enhance their cabinet offerings to match this level of flexibility and durability.
  • In 2023, NewAge Products, one of the prominent vendors, disrupted the home renovation shopping experience by launching Return-Proof Virtual Demos. Through live product demonstrations, consumers connect directly with Product Experts. This face-to-face interaction lets customers virtually explore NewAge's indoor and outdoor storage solutions. By eliminating guesswork, buyers gain confidence in their purchase decisions. This will have impacts like reduced returns, streamlined decision-making, and enhanced customer engagement. Competitors must adapt to personalized approaches like this to stay competitive in the evolving market.

The Residential Market to Cross $2 Billion by 2029

Within the residential segment, a noticeable trend towards transforming garages into multifunctional spaces leads to increased demand for adaptable and aesthetically pleasing garage furniture. A diverse range of preferences characterizes the residential market, prompting manufacturers to offer modular and customizable solutions to cater to individual homeowner needs. Homeowners prioritize garage furniture that complements the overall design of their homes, with an increasing focus on creating organized, stylish, and functional garage spaces for storage, work, and leisure. A rising trend among residential garage furniture involves the integration of smart home technologies, with homeowners seeking furniture that can be connected to home automation systems, allowing for remote monitoring and control. There is a noticeable trend towards do-it-yourself (DIY) garage furniture solutions, catering to homeowners who enjoy customizing and assembling their furniture, leading to a demand for modular and easy-to-install options.

Segmentation & Forecast

  • Product Type
  • Cabinets & Drawers
  • Shelves & Racks
  • Benches & Tables
  • Chairs & Stools
  • Others
  • Distribution Channel
  • Big Box/Superstores
  • Online Channels
  • Speciality Furniture Stores
  • Others
  • End-User
  • Residential
  • Commercial

To Know More, Download the Free Sample Report: https://www.focusreports.store/report/us-garage-furniture-market-focused-insights

Vendors Lists

  • Key Vendors
  • California Closets
  • ClosetMaid
  • Dorel Industries
  • Rubbermaid
  • The Container Store
  • Other Prominent Vendors
  • Homak
  • Obsessed Garage
  • ATD Tools
  • Whalen Furniture
  • VAULT
  • Greenberg Casework Company
  • NewAge Products
  • Carolina Garage Company
  • Ulti-MATE Garage
  • TOOLSiD
  • Garage Organization
  • Gladiator
  • Flow Wall
  • Suncast
  • Prepac
  • Garage Living
  • GarageTek
  • Stanley Black & Decker
  • Seville Classics
  • Edsal
  • TRINITY
  • Organized Living
  • CTech Manufacturing
  • PremierGarage
  • Garage Art
  • Sterilite
  • Triton Products
  • Redline Garagegear
  • Quality Craft
  • Stack-On
  • VIPER TOOL STORAGE

Table of Contents

CHAPTER - 1: U.S. Garage Furniture Market Overview

  • Executive Summary
  • Introduction
  • Key Findings

CHAPTER - 2: U.S. Garage Furniture Market Projected Revenue

  • U.S.: Projected Revenue of Garage Furniture (2024-2029; $Billions)

CHAPTER - 3: U.S. Garage Furniture Market Segmentation Data

  • US: Projected Revenue by Product Type (2024-2029); (Revenue $ B.N.)
  • Product Type Snapshot
  • Cabinets & Drawers
  • Shelves & Racks
  • Benches & Tables
  • Chairs & Stools
  • Others
  • U.S.: Projected Revenue by Distribution Channel (2024-2029); (Revenue $ B.N.)
  • Distribution Channel Snapshot
  • Big Box/Superstores
  • Online Channels
  • Speciality Furniture Stores
  • Others
  • U.S.: Projected Revenue by End-User (2024-2029); (Revenue $ B.N.)
  • End-User Snapshot
  • Residential
  • Commercial

CHAPTER - 4: U.S. Garage Furniture Market Prospects & Opportunities

  • U.S. Garage Furniture Market Trends
  • U.S. Garage Furniture Market Drivers
  • U.S. Garage Furniture Market Constraints

CHAPTER - 5: U.S. Garage Furniture Market Industry Overview

  • U.S. Garage Furniture Market - Competitive Landscape
  • U.S. Garage Furniture Market - Key Players
  • U.S. Garage Furniture Market - Other Prominent Vendors

CHAPTER - 6: Appendix

  • Research Methodology
  • Abbreviations
  • About Arizton

Check Out Some of the Latest Focus Insight Reports:

U.S. Garage Doors Market - Focused Insights 2024-2029
https://www.focusreports.store/report/us-garage-doors-market-focused-insights

U.S. Office Furniture Market - Focused Insights 2023-2028
https://www.focusreports.store/report/us-office-furniture-market-focused-insights

U.S. Automatic Door Market - Focused Insights 2024-2029
https://www.focusreports.store/report/us-automatic-door-market-focused-insights

U.S. Outdoor Furniture Market - Focused Insights 2023-2028
https://www.focusreports.store/report/united-states-outdoor-furniture-market

About Focused Reports by Arizton0x202F0x202F0x202F0x202F0x202F0x202F0x202F

Welcome to Focused Reports, an esteemed Arizton Advisory & Intelligence subsidiary committed to delivering precise and insightful market research reports across all key geographies. Our unique selling proposition lies in our affordable pricing, accurate data, in-depth research, and presentation-ready reports. With us, expensive market research is a thing of the past. We aim to be strategic, providing valuable data. Focus Reports is where folks come to name their ideas, create a compelling brand and a great-looking website, and attract customers with digital and social marketing.0x202F0x202F0x202F0x202F

About Us:0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.0x202F0x202F0x202F0x202F0x202F

Contact Us:0x202F0x202F0x202F0x202F0x202F0x202F0x202F

Call: +1-312-235-20400x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F
0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F +1 302 469 07070x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F0x202F
Mail: enquiry@arizton.com
Website: https://www.focusreports.store/

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Cision src=https://c212.net/c/img/favicon.png?sn=IO97537&sd=2024-04-25 View original content to download multimedia:https://www.prnewswire.com/news-releases/the-us-garage-furniture-market-to-create-revenue-opportunities-of-over-3-billion-by-2029--residential-segment-to-lead-the-industry-growth--exclusive-focus-research-report-by-arizton-302127553.html

SOURCE Arizton Advisory & Intelligence

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