The Asia Pacific Garage Organization and Storage Market would witness market growth of 8.5% CAGR during the forecast period (2022-2028).
In order to store the products efficiently, customized garage storage would make the most of the unique garage configuration. Taller things like ladders and yard tools can be conveniently and easily stored in vertical places. Even the most specialized tool or machine may have its own allocated area in the garage due to a range of hanging options and mounts.
Bicycles, hoses, hedge trimmers, and leaf blowers are examples of odd-sized objects that are no problem. The garage will turn into a safer place with less clutter on the floor to maneuver, strong shelving as well as cabinetry, and no more shaky piles of boxes lying around. The family will be safer in the garage, so one may sleep peacefully.
India is a wonderful place to travel because of its historical, cultural, natural, and spiritual resources. Many tourists, both domestic and foreign, travel to India to witness its spiritual magnificence. The development of numerous tourist places has also been greatly influenced by connections to historical sites, occasions, or figures, making spirituality and legacy the primary motives for visiting. Additionally, China's tourist sector is growing and has a big impact on the country's progress. The rise of the middle class's wealthier members and the Chinese government's loosening of rules are the two main factors driving this sector's growth.
The China market dominated the Asia Pacific Garage Organization and Storage Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,989.9 million by 2028.The Japan market is estimated to grow at a CAGR of 7.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.2% during (2022 - 2028).
Based on Application, the market is segmented into Residential and Commercial. Based on Type, the market is segmented into Garage Cabinets, Garage Shelves/Racks and Garage Wall Organization. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Garage Organization And Storage Market is Projected to reach USD 36 Billion by 2028, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stanley Black & Decker, Inc., Lowe’s Companies, Inc., Griffon Corporation (ClosetMaid), Rubbermaid Commercial Products LLC (Newell Brands), Whirlpool Corporation (Gladiator), GarageTek, Inc., Sterilite Corporation, and Cannon Security Products, Inc.
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