The global Open Shelves Storage Market size is projected to reach USD 476 million by 2028 at a CAGR of 10%.
Open shelves storage is a type of warehouse or store shelving in which goods are placed on pallets. The item to be stored can either stand upright, lean against the wall (with various levels of success), or lay flat. These types of racks are most often used for storing items that do not need any protection from their surroundings such as clothing. It is a type of commercial shelving where fixtures are not enclosed or covered. This means that the product can be seen by anyone passing by, increasing impulse buying and visibility.
On the basis of type, open shelf storage is segmented into wood, plastic, and metal.
Wood open shelves storage is made of a variety of different woods and materials. These wood types vary in their durability, maintenance requirements, price range, weight capacity, etc. It is an economical choice for some applications since it offers a wide selection of dimensions and styles that can be built to suit specific needs such as design or location constraints like size or height restrictions. Wood shelving is also easy to assemble and install which makes them very popular with small businesses looking to save on installation costs where they may not have the manpower necessary for other types of installations.
Plastic open shelves storage is a type of commercial shelving where fixtures are not enclosed or covered. This means that the product can be seen by anyone passing by, increasing impulse buying and visibility. On the basis of type, plastic open shelves storage is segmented into PETG (polyethylene terephthalate), ABS (acrylonitrile butadiene
styrene), and PVC (polyvinyl chloride).
Metal open shelves storage is the most popular type of open shelving. Metal racks provide high visibility and are easier to maintain than wood or plastic because they can be easily cleaned with soap and water. This also makes metal a preferable choice for environments where hygiene practices may not be as strict, such as warehouses in developing countries. They have a low cost per unit of space, which makes them an attractive option when stocking smaller quantities of items on pallets. Metal overheads are often made from galvanized steel sheets that have been coated with zinc to resist corrosion by chemicals present in industrial processes common within the warehouse.
On the basis of application, the open shelves storage market is segmented into the home and public areas.
When storing items in a house, the most common type of shelf used for this purpose is wood shelves. This material has been around since antiquity and time-tested to last long without rotting or splitting on its own accord. Wood boxes also provide ample storage space with minimal weight bearing down upon walls because they can be placed directly onto existing furniture which often already bears some structural load from other household objects like lamps, televisions, bookshelves, etcetera.
A public area is defined as a space that people can enter without express permission or invitation and includes areas such as hospitals, schools, libraries, and markets. Open shelves storage in the public areas is primarily used for storing books and other text-based materials which require easy access to the average reader. The open shelves storage market in the public area segment is further classified into warehouses, offices, and retail.
On the basis of region, the open shelves storage market is segmented into North America, Latin America, Europe, and the Asia Pacific. North America is the largest market for open shelves storage in the public area segment due to increasing expenditure on healthcare infrastructure which has led to an increase in demand for pharmaceuticals. North America is expected to dominate in terms of revenue generation due to increasing demand for open shelves storage from the retail industry. The U.S., Canada, and Mexico are key markets within this region where public area applications are considered as one of their prime drivers for growth in this geographical space over the forecast period.
Rising demand for space optimization in residential and commercial premises has been a key driver of the open shelves storage market's growth. Innovations such as lightweight materials, product customizations with ergonomic designs, and easier assembly have created new revenue streams for manufacturers of open-shelved storage products.
Up Market Research published a new report titled “Open Shelves Storage Market research report which is segmented by Types (Wood, Plastic, Metal, Others), By Applications (Home, Public Area), By Players/Companies Martha Stewart Living, John Louis Home, ClosetMaid, Lavish Home, Catskill Craftsmen, AkadaHOME, Wallscapes, Dolle, Redi-Shelf, Edsal, AZ Home and Gifts”.
|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, AZ Home and Gifts|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||230|
|Number of Tables & Figures||161|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Wood, Plastic, Metal, Others and By Application Home, Public Area.
Some of the companies that are profiled in this report are:
Open Shelves Storage Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
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 2028.
How you may use our products:
Reasons to Purchase the Open Shelves Storage Market Report:
Some other reports from this category!