DUBLIN--(BUSINESS WIRE)--The "North America Garage Furniture Market, By Product Type (Storage Solutions, Shelves & Racks, Tool Storage, Work Benches, Chairs & Stools, Pit Stop Furniture), Material (Metal, Wire, MDF, Plastic, Wood), Application (Heavy Duty, General), Distribution Channels, End-user - Forecast " report has been added to ResearchAndMarkets.com's offering.
The North America garage furniture market is valued at a market size of USD 700.9 Million in 2020 and is expected to reach USD 816.2 Million by 2027. The North America garage furniture market is anticipated to grow at a CAGR of 2.2% over the forecast period
Garage furniture includes organizers, storage shelves, chairs and stools, pit stop furniture among others, used with the purpose to organize, carry, and protect tools to increase productivity in the garage area. Increasing demand for garage furniture products by the automobile industry is expected to result in market growth.
The North America garage furniture market is highly fragmented, with the presence of big and small players across various countries. This results in increased competition in the market. Market players are continuously focusing on geographical expansions & strategic partnerships, in order to increase their client base.
Growth Influencers
Growing DIY (Do It Yourself) trend on social media
DIY trend on social media is one of the most important factors attributing to the increased demand for garage furniture in North America. Instagram and YouTube videos are trending among the young population.
Increased number of independent garages to fuel the market growth
The majority of the population utilize independent garages. Independent garages offer services with lesser cost as compared to the authorized garages. Due to which, the vehicle owners prefer independent garages for routine maintenance, oil check-ups, among others. Due to an increased number of independent garages, the demand for garage furniture is also growing in North America.
The North America garage furniture market report offers insights on the below pointers:
- Market Penetration: The research report provides comprehensive data on the market offered by the prominent players
- Market Development: The report offers detailed analysis about emerging markets and examines penetration across mature segments of the markets
- Market Diversification: The research report offers comprehensive information about untapped geographies, recent developments, and investments
- Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches, collaborations in the market have been provided in this research report. In addition, the report also includes a SWOT analysis of the leading market players.
The North America garage furniture market `report answers questions such as:
- What is the market size and forecast of the North America garage furniture market?
- What are the inhibiting factors and impact of COVID-19 on the North America garage furniture market during the assessment period?
- Which are the products/segments/applications to invest in over the assessment period in the North America garage furniture market?
- What are the technology trends in the North America garage furniture market?
- What strategies are considered favourable for entering the North America garage furniture market?
Key Topics Covered:
- Chapter 1. Research Framework
- Chapter 2. Research Methodology
- Chapter 3. Executive Summary: North America Garage Furniture Market
- Chapter 4. North America Garage Furniture Market Overview
- Chapter 5. North America Garage Furniture Market Analysis, By Product Type
- Chapter 6. North America Garage Furniture Market Analysis, By Material
- Chapter 7. North America Garage Furniture Market Analysis, By Application
- Chapter 8. North America Garage Furniture Market Analysis, By Distribution Channel
- Chapter 9. North America Garage Furniture Market Analysis, By End-user
- Chapter 10. North America Garage Furniture Market Analysis, By Region/Country
- Chapter 11. The U.S. Garage Furniture Market Analysis
- Chapter 12. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)
Companies Mentioned
- Homak Mfg Co Inc
- Intro-Tech (Pitstop furniture)
- ATD Tools, Inc.
- Connected Automotive Systems (OEMTools.com)
- Apex Tool Group (Gear Wrench)
- Black and Decker
- Dura Ltd.
- Cipher Auto Inc.
- OMP Group
- Harwal Group of Companies (Duramax)
- Other players
For more information about this report visit https://www.researchandmarkets.com/r/dnr9zz
