Europe Home Organizers & Storage Market Size
| 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.webp)
*Disclaimer: Major Players sorted in no particular order |
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 Market Trends
This section covers the major market trends shaping the Europe Home Organizers & Storage Market according to our research experts:
Rise in Home Ownership Rate is Driving the Market
With population numbers rising across Europe, the need for affordable housing continues. Across Europe, countries have built, in some cases, hundreds of thousands of homes annually to meet the growing demands. Additionally, increasing home renovation activities in the country may drive the demand for home organizers and storage market in the short term. The homeownership rate extended from 41.6% in Switzerland to as much as 96.1% in Romania. With a nationwide shortage of housing and record-high home prices, more homeowners prefer to stay in their properties versus move or upgrade to new ones in Europe. However, housing prices vary from country to country. But the number of houses in Europe continues to rise owing to an increase in urbanization and population growth. Moreover, researches indicate that during these renovation activities, consumers are most likely to upgrade their homes with new organizers and storage.
Rise in Urbanization in the Region is Driving the Mraket
Urbanization in Europe is an ongoing phenomenon, both in terms of urban land expansion and increasing population share. Key drivers of urbanization include demographic changes (net population change as well as rural-urban migration, immigration and changing age structures), economic growth (GDP, investment in research and development, employment and innovation), and socioeconomic factors (high quality of life and service provision in cities).The urbanization process in Europe took place rapidly since 1950, but in the 90s it moderated its pace, and it will likely be slower during the next ten years. Urbanization rates vary from about 50% (Luxembourg, Romania, Croatia) to beyond 80% (Italy, Netherlands, UK). Thus, the increase in urbanization will lead to a rise in the employment rate and provide an opportunity to get aware of the latest home trends in the market.
Europe Home Organizers & Storage Industry Overview
The report lists the major manufacturers in the region and their respective market shares on the basis of revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition.
Europe Home Organizers & Storage Market Leaders
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Mamas & Papas
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Child home
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Yearning Home
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Lifewit
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Ikea
*Disclaimer: Major Players sorted in no particular order
Europe Home Organizers & Storage Market News
- Jan 2022 - IKEA hiked its prices by an average of 9% due to ongoing supply and transportation disruptions. The announcement came as pandemic-fuelled shortages and shipping challenges ramp up inflation and pinch economies globally, with consumers increasingly feeling the pinch.
- Dec 2021 - Inside an expansive and noisy distribution centre just east of Atlanta, Home Depot Inc. is trying to solve a problem that's plaguing its stores: large orders from pro shoppers. The new facility in Stonecrest, Georgia, which is called a flatbed distribution centre, is designed with contractors in mind. The hub is the centrepiece of Home Depot's plan to ease the complexity of direct-to-consumer sales and win market share from both its main rival, Lowe's Cos., and independent distributors. With growth from the do-it-yourself crowd being outpaced by sales to contractors, the stakes are high to get it right.
Europe Home Organizers & Storage Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Trends and Innovations in the Market
4.7 Impact of Covid 19 on the market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Storage Baskets
5.1.2 Storage Boxes
5.1.3 Storage Bags
5.1.4 Hanging Storage
5.1.5 Multipurpose Organizers
5.1.6 Travel Luggage Organizers
5.1.7 Others (shelving, totes, accessories, etc.)
5.2 By Application
5.2.1 Bedroom Closets
5.2.2 Laundry Rooms
5.2.3 Home Offices
5.2.4 Pantries and Kitchen
5.2.5 Garages
5.2.6 Others (living room, bathroom, utility room, etc.)
5.3 By Distribution Channel
5.3.1 Hypermarkets/Supermarkets
5.3.2 Specialty Stores
5.3.3 Online
5.3.4 Other Distribution Channels
5.4 By Country
5.4.1 UK
5.4.2 Germany
5.4.3 France
5.4.4 Italy
5.4.5 Spain
5.4.6 Russia
5.4.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Yearning Home
6.2.2 The Home Depot
6.2.3 LifeWit
6.2.4 IMOTECH TECHNOLOGY (DOKEHOM)
6.2.5 Awekris
6.2.6 Ikea
6.2.7 Amazon Basics
6.2.8 Mamas & Papas
6.2.9 Childhome
6.2.10 Laura Ashley*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
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 & Storage Market Research 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.
What years does this Europe Home Organizers and Storage Market cover?
The report covers the Europe Home Organizers and Storage Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Home Organizers and Storage Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Home Organizers and Storage Industry Report
Statistics for the 2024 Europe Home Organizers and Storage market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Home Organizers and Storage analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
