Market Size of Europe Home Organizers and Storage Industry
Study Period | 2019 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2019 - 2020 |
CAGR | > 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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.