Market Overview:
The Global Customized Wardrobes Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for customized wardrobes in residential and commercial applications. Additionally, the rising disposable income of consumers is also propelling the demand for customized wardrobes across the globe. The global customized wardrobes market can be segmented on the basis of type into hinge door/ openable wardrobes and sliding door wardrobes. The hinge door/ openable wardrobe segment is expected to dominate the market during the forecast period owing to its growing popularity among consumers due to its flexibility in terms of design and storage options. On the basis of application,the global customized wardrobe market can be divided into residential use and commercial use segments.
Product Definition:
A customized wardrobe is a wardrobe that has been specifically designed for an individual or a group of individuals. The purpose of a customized wardrobe is to provide the user(s) with storage space and organization that meets their specific needs. Customized wardrobes can be used in residential or commercial settings, and can be tailored to any size or shape.
Hinge Door/ Openable Wardrobes:
Hinge door/openable wardrobes are used in customized wardrobes to provide access to the stored items. These doors or drawers slide or open from the right, left, or both sides and can be closed using a handle, catch, slideshields etc. The growth factor for this market is increasing demand for luxury and smart homes with automated systems such as voice recognition technology that controls all devices connected to it.
Sliding Door Wardrobes:
Sliding door wardrobes are used in customized wardrobes to provide storage and organization. They can be utilized as free-standing units or attached to the wall. The sliding doors of the wardrobe have a mechanism that slides them open, making it easier to access the contents inside. These doorways are also equipped with a lock so that there is no risk of theft or misplacement of items placed inside.
Application Insights:
The residential use segment accounted for the largest share of over 70.0% in 2017 and is anticipated to continue its dominance over the forecast period. The growing urbanization across developing countries including China, India and Brazil has led to an increase in demand for customized wardrobes within homes. Moreover, rising purchasing power along with increasing disposable income per capita has fueled demand for customized wardrobes within residential applications globally.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increased product penetration by luxury brands including Armani, Gucci and Prada among others in hotels, hospitals and corporate offices worldwide as they offer cost-effective solutions while enhancing aesthetics at a same time providing more storage space as compared with conventional wardrobe systems available in retail stores or online shopping portals globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. This is attributed to increasing disposable income, growing population of millennials and single adults, and rapid urbanization & development. Moreover, rising demand for luxury living spaces along with changing lifestyles has led to increased spending on household d©cor products such as wardrobes. Increasing construction activities in emerging countries such as China and India are expected to boost the product demand over the forecast period.
Europe is anticipated to witness significant growth over the next eight years owing to high consumer awareness regarding customization options offered by retailers including online shopping portals like e-commerce websites and offline stores alike.
Growth Factors:
- Increasing demand for customized wardrobes in the residential sector as a result of changing lifestyle and growing disposable income.
- Rising popularity of modular kitchens and customized wardrobes, which offer more storage space and better organization of clothes.
- Growing demand for designer wardrobes with features such as built-in lighting, mirrors, and shelves to enhance the look of the bedroom or dressing area.
- Increasing number of home improvement projects undertaken by homeowners to renovate their homes with new furniture and accessories including customized wardrobes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Customized Wardrobes Market Research Report
By Type
Hinge Door/ Openable Wardrobes, Sliding Door Wardrobes
By Application
Residential Use, Commercial Use
By Companies
Stanley, IKEA, Sauder Woodworking, Dorel Industries, Molteni, Suofeiya, Oppein, Holike, Shangpin Home, Topstrong, Stanley
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Customized Wardrobes Market Report Segments:
The global Customized Wardrobes market is segmented on the basis of:
Types
Hinge Door/ Openable Wardrobes, Sliding Door Wardrobes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley
- IKEA
- Sauder Woodworking
- Dorel Industries
- Molteni
- Suofeiya
- Oppein
- Holike
- Shangpin Home
- Topstrong
- Stanley
Highlights of The Customized Wardrobes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hinge Door/ Openable Wardrobes
- Sliding Door Wardrobes
- By Application:
- Residential Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Customized Wardrobes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Customized wardrobes are a type of clothing that is specifically designed for an individual. They can be made to fit any body shape or size, and they often come with extra features such as pockets or straps that make them more comfortable to wear.
Some of the major companies in the customized wardrobes market are Stanley, IKEA, Sauder Woodworking, Dorel Industries, Molteni, Suofeiya, Oppein, Holike, Shangpin Home, Topstrong, Stanley.
The customized wardrobes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Customized Wardrobes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Customized Wardrobes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Customized Wardrobes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Customized Wardrobes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Customized Wardrobes Market Size & Forecast, 2020-2028
4.5.1 Customized Wardrobes Market Size and Y-o-Y Growth
4.5.2 Customized Wardrobes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hinge Door/ Openable Wardrobes
5.2.2 Sliding Door Wardrobes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Customized Wardrobes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Customized Wardrobes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hinge Door/ Openable Wardrobes
9.6.2 Sliding Door Wardrobes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hinge Door/ Openable Wardrobes
10.6.2 Sliding Door Wardrobes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hinge Door/ Openable Wardrobes
11.6.2 Sliding Door Wardrobes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hinge Door/ Openable Wardrobes
12.6.2 Sliding Door Wardrobes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hinge Door/ Openable Wardrobes
13.6.2 Sliding Door Wardrobes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Customized Wardrobes Market: Competitive Dashboard
14.2 Global Customized Wardrobes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley
14.3.2 IKEA
14.3.3 Sauder Woodworking
14.3.4 Dorel Industries
14.3.5 Molteni
14.3.6 Suofeiya
14.3.7 Oppein
14.3.8 Holike
14.3.9 Shangpin Home
14.3.10 Topstrong
14.3.11 Stanley
