2024-2029 U.S. Kitchen Organizers Market Report: Key Vendors and Trends

ResearchAndMarkets.com has included the “US Kitchen Organizers Market Insights 2024-2029” report in its offerings. The market for kitchen organizers in the US was valued at USD 20.29 billion in 2023 and is projected to reach USD 23.59 billion by 2029, growing at a CAGR of 2.54% from 2023 to 2029.

Insights into the US Kitchen Organizer Market

The segment for drawers, upper & lower cabinet organizers is experiencing significant growth, with the fastest CAGR of 2.75% during the forecast period. This growth is driven by increasing focus on kitchen organization, rising popularity of pull-out shelves, higher disposable incomes, and demand for space optimization solutions.

Wood is a valuable and rapidly growing material segment in the US market due to its sustainability, durability, and aesthetic appeal. It is also relatively affordable compared to metal, making it a preferred choice among budget-conscious consumers. When properly maintained, wood-based products can last for many years and can be combined with other materials to achieve a modern look.

In the end-user segment, residential sectors dominate the US kitchen organizer market, holding more than 75% market share. With increasing disposable incomes, homeowners are investing in durable kitchen organizers that complement their kitchen designs, driving market demand during the forecast period.

Online stores are witnessing significant growth in the distribution segment, with the highest CAGR of 3.54% during the forecast period. These platforms offer kitchen organizers at competitive prices and a wide range of products, appealing to cost-conscious consumers through promotional deals and price competitiveness.

Market Drivers

The hospitality industry’s demand is a major driver in the US kitchen organizer market, fueled by increasing short-term stays, growth in vacation rentals, and a focus on amenities, cleanliness, and sustainability. Platforms like Vrbo and Airbnb have led to a surge in vacation rentals with smaller kitchens, driving demand for compact and efficient organizers.

Growing emphasis on home improvement activities is another significant driver, boosted by increased home values, disposable incomes, and a trend towards efficiency and personalization in kitchen spaces. This trend enhances the value of homes and drives demand for innovative kitchen organizers.

Vendor Landscape

The report profiles 32 vendors, including key players like Jones Plastic and Engineering Company, Knape & Vogt, Neighborly, Inc., Newell Brands, The Container Store, and The Home Depot. These established brands offer a range of durable and affordable kitchen organizers, catering to premium and mid-range market segments with innovative solutions.

Key Attributes

  • Pages: 75
  • Forecast Period: 2023-2029
  • Estimated Market Value (2023): USD 20.29 Billion
  • Projected Market Value (2029): USD 23.59 Billion
  • Compound Annual Growth Rate: 2.5%
  • Regions Covered: United States

For more details, visit ResearchAndMarkets.com.

Source Link:

Share your love

Newsletter Updates

Enter your email address below and subscribe to our newsletter