Market Overview:
The global power strip storage box 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 power strip storage boxes in domestic as well as industrial applications. In terms of type, the plastic type segment is expected to dominate the global market during the forecast period, owing to its low cost and lightweight properties. However, metal type is expected to grow at a higher CAGR due to its high durability and resistance against corrosion.
Product Definition:
A power strip storage box is a plastic or metal box that is used to store power strips. It can also be used to store other cords and cables. The importance of a power strip storage box is that it keeps the cords and cables organized and easy to find.
Plastic Type:
Plastic type is a general term for any material that can be molded, extruded or shaped by the processes involved in manufacturing power strips. The materials are primarily categorized on the basis of their properties and uses. Some common types include High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), polypropylene (PP), polystyrene (PS) and acrylonitrile butadiene styrene (ABS).
Metal Type:
Metal Type is the property of a material that determines how it reacts with electricity. There are many different metals used in power strips, such as aluminum, copper & steel. The metal type used in power strips has an effect on the overall performance of the device and also its lifespan.
The most commonly used materials for manufacturing power strips are plastic & metal due to their properties and easy availability across all regions.
Application Insights:
The industrial application segment led the global power strip storage box market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in industrial activities across developed economies including U.S., Germany, France, UK and Sweden on account of growing manufacturing sectors supported by rising demand for electrical & electronics products globally coupled with increasing production capacities in these economies will drive the product demand over the coming years.
The domestic application segment accounted for more than 40% share of global revenue in 2017 owing to rapid urbanization leading to increased housing projects resulting into increased number of consumers using electricity outlets at home which are requiring more power strips thus propelling industry expansion during this phase.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing industrialization and commercial construction activities in the region. The growing number of data centers in this region is also anticipated to fuel product demand over the forecast period. For instance, according to IBEF, Asia Pacific had more than 1,200 data centers as of 2017 and it is projected that around 600 new data centers will be coming up by 2020 end which will drive product demand further.
North America was valued at USD X million in 2017 and it is estimated that this number will reach USD X million by 2030 due high usage frequency across households especially in U.S., Canada, Mexico for power distribution along with surge protectors for protection against power fluctuations during peak consumption hours (weekdays 9AM-5PM).
Growth Factors:
- Increasing demand for organized storage solutions in residential and commercial spaces
- Rising popularity of smart home technologies and the need for storage solutions to accommodate growing numbers of connected devices
- Growing trend of minimalist living and the need for space-saving storage solutions
- Proliferation of online shopping and the resulting increase in number of packages delivered to homes
- Increased awareness about the benefits of using power strip storage boxes among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Strip Storage Box Market Research Report
By Type
Plastic Type, Metal Type, Others
By Application
Domestic, Industrial, Others
By Companies
Orico, Dmoose, Bull, Deil, Foojo, Xiaomi, UGREEN, Netease, JD, Orico
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Power Strip Storage Box Market Report Segments:
The global Power Strip Storage Box market is segmented on the basis of:
Types
Plastic Type, Metal Type, 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
Domestic, Industrial, Others
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:
- Orico
- Dmoose
- Bull
- Deil
- Foojo
- Xiaomi
- UGREEN
- Netease
- JD
- Orico
Highlights of The Power Strip Storage Box 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:
- Plastic Type
- Metal Type
- Others
- By Application:
- Domestic
- Industrial
- Others
- 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 Power Strip Storage Box 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?
A power strip storage box is a small, rectangular container that can be used to store power strips. It is typically made of plastic or metal and has a hinged lid.
Some of the major players in the power strip storage box market are Orico, Dmoose, Bull, Deil, Foojo, Xiaomi, UGREEN, Netease, JD, Orico.
The power strip storage box 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 Power Strip Storage Box 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 Power Strip Storage Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Strip Storage Box 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 Power Strip Storage Box 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 Power Strip Storage Box Market Size & Forecast, 2018-2028
4.5.1 Power Strip Storage Box Market Size and Y-o-Y Growth
4.5.2 Power Strip Storage Box Market Absolute $ Opportunity
Chapter 5 Global Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Type
5.2.1 Plastic Type
5.2.2 Metal Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Applications
6.2.1 Domestic
6.2.2 Industrial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Strip Storage Box 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 Power Strip Storage Box 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 Power Strip Storage Box Analysis and Forecast
9.1 Introduction
9.2 North America Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Type
9.6.1 Plastic Type
9.6.2 Metal Type
9.6.3 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 Power Strip Storage Box Market Size Forecast by Applications
9.10.1 Domestic
9.10.2 Industrial
9.10.3 Others
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 Power Strip Storage Box Analysis and Forecast
10.1 Introduction
10.2 Europe Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Type
10.6.1 Plastic Type
10.6.2 Metal Type
10.6.3 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 Power Strip Storage Box Market Size Forecast by Applications
10.10.1 Domestic
10.10.2 Industrial
10.10.3 Others
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 Power Strip Storage Box Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Type
11.6.1 Plastic Type
11.6.2 Metal Type
11.6.3 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 Power Strip Storage Box Market Size Forecast by Applications
11.10.1 Domestic
11.10.2 Industrial
11.10.3 Others
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 Power Strip Storage Box Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Strip Storage Box 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 Power Strip Storage Box Market Size Forecast by Type
12.6.1 Plastic Type
12.6.2 Metal Type
12.6.3 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 Power Strip Storage Box Market Size Forecast by Applications
12.10.1 Domestic
12.10.2 Industrial
12.10.3 Others
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) Power Strip Storage Box Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Strip Storage Box 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) Power Strip Storage Box Market Size Forecast by Type
13.6.1 Plastic Type
13.6.2 Metal Type
13.6.3 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) Power Strip Storage Box Market Size Forecast by Applications
13.10.1 Domestic
13.10.2 Industrial
13.10.3 Others
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 Power Strip Storage Box Market: Competitive Dashboard
14.2 Global Power Strip Storage Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orico
14.3.2 Dmoose
14.3.3 Bull
14.3.4 Deil
14.3.5 Foojo
14.3.6 Xiaomi
14.3.7 UGREEN
14.3.8 Netease
14.3.9 JD
14.3.10 Orico
