ALMANAC: CLOSETS & HOME STORAGE
On average, closet renovations took 4 months to plan, and 2. 5 months for
construction, according to the 2017 Houzz & Home survey. Home offices took
6. 7 months to plan and 3. 6 months to execute, while laundry rooms averaged
5. 6 months of planning and 5.0 months to construct. At 7. 7 months, kitchen
planning was the lengthiest process, with 5.0 months to construct.
Custom projects for the garage averaged $4,909 according to Woodworking Network research.
More homeowners are turning to pros for remodeling projects. In the 2017
Houzz & Home survey, 48% said they hired a specialty service provider, 38%
hired a general contractor/design-builder, and 17% hired an architect.
How happy are women with their current home organization/design? A
recent Popsugar survey of 812 women ages 13-49 found 23.9% were very
happy, 31.5% somewhat happy, 26.5% neither happy nor unhappy, 12.2%
somewhat unhappy, 5.9% very unhappy, and for 2%, it doesn’t apply.
Market Data Sources: The Freedonia Group, Houzz, Woodworking Network,
Popsugar Category: Closets & home organization includes: walk-in and reach-in
closets, garage systems, mudrooms, pantries, laundry rooms and related products.
The U.S. closets and home storage organization market is projected to grow 3.5% annually to $10.5 billion in 2019, according
to research by The Freedonia Group. Closets and bedrooms
continue to bel the most important areas for home organization products, with demand for closet storage outpacing that of
other bedroom storage due to greater investment in modular
units. Other storage products purchased for the bedroom (not
including closets) includes shelves and bins, baskets, and totes.
While modular units continue to be the fastest growing product segment, garages are the fastest growing room.
The increased spending for garage organization is in turn
spurring the demand for metal and wire storage products, which
is forecast to rise 4.1% annually to $3.7 billion in 2021, according to Freedonia. Modular units account for the largest share of
metal and wire home organization demand. Wire shelves also are
used frequently in areas such as garages, kitchens, and bathrooms where ventilation, water drainage, and mold and mildew
resistance are important.
Source: :The Freedonia Group, 2016 research study
Source: The Freedonia Group.
Source: : 2017 Houzz & Home survey of 107,000 Houzz users.
Which rooms did you add or upgrade?
The frequency of interior remodels and additions among homeowners
who renovated in 2016.
Kitchen 29% 2%
U.S. home storage & organization
In 2019, the market is projected to reach $10.5 billion