Market Overview:
The global open shelves storage market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for open shelves storage from home and public area applications. Additionally, the growing trend of using eco-friendly materials such as wood, plastic, and metal for open shelves storage is also contributing to the growth of this market. However, factors such as high installation costs may restrain the growth of this market during the forecast period.
Product Definition:
Open Shelves Storage is a storage system in which all or part of the storage area is open and accessible to anyone. The importance of Open Shelves Storage is that it allows people to easily access their belongings.
Wood:
Wood is one of the most common and versatile materials used for construction. It can be used in both interior & exterior applications, it's easy to work with and provides excellent thermal mass. Wood is a sustainable material that can be replanted after use, making it an ideal choice for furniture & flooring as well as storage solutions.
Plastic:
Plastic is a widely used material for the manufacturing of Open shelving storage. It offers several advantages over traditional materials such as wood and metal. Plastic provides strength, durability, easy assembly/disassembly, and flexibility to the structure. The availability of plastic in various colors helps in enhancing the aesthetic appeal of products manufactured using this material thus making it popular among consumers especially millennials who are more inclined towards aesthetics when it comes to storing their personal belongings.
Application Insights:
The home application segment accounted for the largest share of more than 60.0% in 2017. The growing trend of online shopping has led to an increased demand for storage spaces at homes, which is expected to drive the global open shelves storage market over the forecast period. Consumers prefer storing their purchases in a convenient and secure location, which is likely to result in higher product adoption at home compared with public areas.
The increasing number of e-commerce players and rising consumer preference for online shopping are anticipated to further fuel growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global open shelves storage market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing urbanization and growing population, which requires ample space for commercial use and housing. Moreover, rising disposable income levels are anticipated to drive demand from developing countries such as China and India, thereby boosting growth across this region.
Europe is projected to witness significant growth over the next eight years owing to increased adoption by consumers in major economies including Germany, France, Italy and Spain among others. Rising awareness regarding energy conservation has resulted in an increase in demand for renewable energy-based open shelfs storage systems across Europe thus far during 2018; therefore exhibiting a positive outlook for future growth prospects of this industry vertical over the coming years ahead (Tables & Figures).
Growth Factors:
- Increasing demand for storage capacity in data centers to store large volumes of data
- Proliferation of big data and cloud-based applications, which require efficient storage solutions
- Emergence of new storage technologies that offer higher performance and scalability than traditional solutions
- Growing popularity of hyperconverged infrastructure, which relies on open shelves storage for its core functionality
- Increased spending by businesses on information technology to improve operational efficiency and competitiveness
Scope Of The Report
Report Attributes
Report Details
Report Title
Open Shelves Storage Market Research Report
By Type
Wood, Plastic, Metal, Others
By Application
Home, Public Area
By Companies
Martha Stewart Living, John Louis Home, ClosetMaid, Lavish Home, Catskill Craftsmen, AkadaHOME, Wallscapes, Dolle, Redi-Shelf, Edsal, Martha Stewart Living
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Open Shelves Storage Market Report Segments:
The global Open Shelves Storage market is segmented on the basis of:
Types
Wood, Plastic, Metal, Others
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
Home, Public Area
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:
- Martha Stewart Living
- John Louis Home
- ClosetMaid
- Lavish Home
- Catskill Craftsmen
- AkadaHOME
- Wallscapes
- Dolle
- Redi-Shelf
- Edsal
- Martha Stewart Living
Highlights of The Open Shelves Storage 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:
- Wood
- Plastic
- Metal
- Others
- By Application:
- Home
- Public Area
- 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 Open Shelves Storage 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?
Open Shelves Storage is a storage solution that allows customers to store items on open shelves in a warehouse setting. This type of storage is typically used for items that are not sensitive or perishable, such as furniture, tools, and other large objects.
Some of the major players in the open shelves storage market are Martha Stewart Living, John Louis Home, ClosetMaid, Lavish Home, Catskill Craftsmen, AkadaHOME, Wallscapes, Dolle, Redi-Shelf, Edsal, Martha Stewart Living.
The open shelves storage 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 Open Shelves Storage 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 Open Shelves Storage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Open Shelves Storage 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 Open Shelves Storage 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 Open Shelves Storage Market Size & Forecast, 2020-2028
4.5.1 Open Shelves Storage Market Size and Y-o-Y Growth
4.5.2 Open Shelves Storage 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 Wood
5.2.2 Plastic
5.2.3 Metal
5.2.4 Others
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 Home
6.2.2 Public Area
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Open Shelves Storage 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 Open Shelves Storage 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 Wood
9.6.2 Plastic
9.6.3 Metal
9.6.4 Others
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 Home
9.10.2 Public Area
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 Wood
10.6.2 Plastic
10.6.3 Metal
10.6.4 Others
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 Home
10.10.2 Public Area
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 Wood
11.6.2 Plastic
11.6.3 Metal
11.6.4 Others
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 Home
11.10.2 Public Area
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 Wood
12.6.2 Plastic
12.6.3 Metal
12.6.4 Others
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 Home
12.10.2 Public Area
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 Wood
13.6.2 Plastic
13.6.3 Metal
13.6.4 Others
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 Home
13.10.2 Public Area
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 Open Shelves Storage Market: Competitive Dashboard
14.2 Global Open Shelves Storage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Martha Stewart Living
14.3.2 John Louis Home
14.3.3 ClosetMaid
14.3.4 Lavish Home
14.3.5 Catskill Craftsmen
14.3.6 AkadaHOME
14.3.7 Wallscapes
14.3.8 Dolle
14.3.9 Redi-Shelf
14.3.10 Edsal
14.3.11 Martha Stewart Living
