Home Organization Products forecasts for 2011 & 2016

US product sales to exceed $8.6 billion in 2011
By: Sunil Nair
 
Sept. 10, 2007 - PRLog -- Sales of home organization products in the US are forecast to grow 4.5 percent per year to $8.6 billion in 2011. As many middle and upper-class households place an increasing value on their free time, they are more willing to purchase items that make their lives more organized and minimize the amount of time necessary for housekeeping chores. Demographic trends will also affect sales as baby boomers become empty-nest families and seek to organize their accumulated possessions in smaller homes, and the children of the baby boomers move into dorm rooms and first apartments. Also, a growing number of new homes do not have unfinished indoor storage spaces. Value gains will be driven by the ongoing introduction of products with a more decorative look or specialty features. Additionally, as sales of existing homes slow, a growing number of homeowners are investing in built-in organization systems to differentiate their homes from others on the market. Further advances will be restrained by the rising commoditization of many types of home organization products, and pricing pressure both from retailers and a growing number of low-cost importers.
Products for garage use to post strongest gains
Sales of home organization products for use in garages are expected to post the strongest gains through 2011. Advances will be boosted as more homes feature three-car or larger garages and consumers seek to better organize this large storage space, sometimes to make it suitable for hobbies, recreation or other uses. Sales of home organization products for use in closets are also projected to achieve strong growth with the rising number of more affordable and more user-friendly versions, also aided by the growing amount of space dedicated to closets.
Metal and wire material still largest, fastest growing
In 2006, metal and wire home organization products accounted for the largest share of sales by material type with 35 percent of the total. These products are also expected to post the strongest gains through 2011, benefitting from strong growth in sales of modular units for closets, pantries and garages, and cabinetry organization accessories. Other materials used to make home organization products include plastic; wood; wicker, rattan and other weaves; and canvas and other soft-sided materials. Among the various types of products, bins, baskets and totes accounted for the largest share of sales with 37 percent in 2006. These products, which can be decorative or purely functional, are widely used in most households to store and organize belongings of all sizes. However, sales of modular units are forecast to post the strongest growth through 2011.
Study coverage
This new Freedonia industry study, Home Organization Products, is available for $4400. It presents historical demand data (1996, 2001 and 2006) plus forecasts for 2011 and 2016 by material, market, room and product. This study also details market environment factors, assesses market share and profiles 31 US industry players.
Table of Contents
Introduction
Executive Summary
Market Environment

General
Macroeconomic Environment
Demographic Trends
Population
Households
Consumer Trends
Personal Income & Expenditures
Consumer Financing
Residential Building Construction
New Housing Units
Housing Stock
Improvements & Repairs
Pricing
Foreign Trade
World Market
MATERIALS
General
Metal & Wire
Products
Suppliers
Plastic
Products
Suppliers
Wood
Products
Suppliers
Wicker, Rattan & Other
Wicker, Rattan & Other Weaves
Canvas & Other Soft-Sided Storage
PRODUCTS
General
Bins, Baskets & Totes
Materials
Rooms
Suppliers
Shelving
Materials
Rooms
Suppliers
Modular Units
Materials
Rooms
Suppliers
Hanging Storage
Materials
Rooms
Suppliers
Accessories & Other
Materials
Rooms
Suppliers

ROOMS
General
Bedrooms & Closets
Closets
Bedrooms
Family Rooms
Products
Suppliers
Garages
Products
Suppliers
Pantries & Kitchens
Products
Suppliers
Bathrooms & Utility Rooms
Products
Suppliers

MARKETS
General
Do-It-Yourself
Retailers
Suppliers
Professional Installation
Builders
Suppliers

INDUSTRY STRUCTURE
General
Industry Composition
Market Share
Competitive Strategies
Research & Development
Distribution
Marketing
Acquisitions & Divestitures
Cooperative Agreements

Company Profiles

List of Tables & Charts
Executive Summary
1 Summary Table
Market Environment
1 Macroeconomic Indicators
2 Population Trends
3 Personal Income & Expenditures
4 Consumer Financing Environment
5 Residential Building Construction
Expenditures
6 Housing Indicators
7 Housing Stock
Cht Year of Construction of Housing Stock, 2006
8 Residential Repair & Improvement
Expenditures
MATERIALS

1 Home Organization Product
Demand by Material
Cht Home Organization Product
Demand by Material, 2006
2 Metal & Wire Home Organization
Product Demand
3 Plastic Home Organization Products
4 Wood-Based Home Organization
Product Demand
5 Demand for Home Organization Products
Made from Wicker, Rattan
& Other Materials
PRODUCTS
1 Home Organization Product
Demand by Type
Cht Home Organization Product
Demand by Type, 2006
Cht Average Spending on Home Organization
Products by Type, 1996-2016
2 Bin, Basket & Tote Demand
3 Shelving Demand
4 Modular Unit Demand
5 Hanging Storage Demand
6 Home Organization Accessory
& Other Product Demand

ROOMS
1 Home Organization Product
Demand by Room
Cht Home Organization Product
Demand by Room, 2006
2 Bedrooms & Closets: Home Organization
Product Demand
3 Family Rooms: Home Organization
Product Demand
4 Garages: Home Organization
Product Demand
5 Pantries & Kitchens: Home Organization
Product Demand
6 Bathrooms & Utility Rooms: Home
Organization Product Demand
MARKETS
1 Home Organization Product
Demand by Market
Cht Home Organization Product Sales
by Market, 2001, 2006, 2011
2 Do-It-Yourself Market for
Home Organization Products
3 Professional Installation Market for
Home Organization Products
INDUSTRY STRUCTURE
1 US Home Organization Product
Sales by Company, 2006
Cht Home Organization Product
Market Share, 2006
2 Selected Acquisitions & Divestitures
3 Selected Cooperative Agreements

For more information kindly visit: http://www.bharatbook.com/detail.asp?id=51225

Website: www.bharatbook.com
End
Source:Sunil Nair
Email:Contact Author
Zip:400614
Tags:Home Organization Products Forecasts For 2011 2016
Industry:Banking
Location:Navi Mumbai - Maharashtra - India
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Bharat Book Bureau News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share