Garage Organization and Storage Market Size, Share, Growth Analysis, By Type(Garage Cabinets and Shelves, and Overhead Storage), By Distribution Channel(Offline retail, and Online retail), By Region - Industry Forecast 2024-2031

Global Garage Organization And Storage Market size was valued at USD 25.02 billion in 2022 and is poised to grow from USD 26.97 billion in 2023 to USD 47.57 billion by 2031, growing at a CAGR of 7.40% during the forecast period (2024-2031).

Garage organization and storage are essential for maximizing space and keeping tools and equipment easily accessible. Many storage solutions are available, including shelving, cabinets, and overhead racks. Before organizing, it's important to declutter and only keep items that are necessary or frequently used. The global market growth is attributed to the increasing number of vehicle owners and rising disposable income, especially in high-income countries. 

Garage organization and storage systems enable customers to conveniently and neatly segregate their belongings. The garage area in freestanding households has evolved from a basic car parking space to a storage room accommodating different vehicles, tools, and equipment for leisure and occupational purposes. The global market is expected to experience robust growth in the future, driven by consumers' demand for convenient storage solutions that maintain cleanliness in the garage. 

With the increasing number of family heads and the multi-use of garages, industry players are developing storage units that can serve as both garage and domestic storage units. The demand for additional storage space influences the performance of garage storage properties, especially as families acquire and grow more material items. Moreover, the growing urban population results in more renters who frequently move around. Garage storage products are commonly used to store flammable items, and therefore governments worldwide have imposed limitations on their usage. In the U.S., approximately 2.3 million families acquire closet storage systems each year, including those in laundry rooms, bedrooms, and kitchen pantries. 

US Garage Organization and Storage Market is poised to grow at a sustainable CAGR for the next forecast year.