U.S. Kitchen Organizer Market Set to Reach $23.59 Billion by 2029, Market Presents Lucrative Opportunity Amid Hospitality Boom, Rising Incomes

According to the latest report by focus reports by Arizton, the U.S. kitchen organizer market 2024 – 2029 sheds light on the dynamic and rapidly evolving industry. The comprehensive report unveils valuable market trends, growth opportunities, and the competitive landscape of the business. With in-depth analysis and meticulous research, this report serves as a strategic guide for industry players, investors, and decision-makers, offering a comprehensive understanding of the current U.S. kitchen organizer market dynamics and prospects.

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The U.S. kitchen organizer market was valued at $20.29 billion in 2023 and is projected to reach $23.59 billion by 2029, growing at a CAGR of 2.54% during the forecast period. The U.S. kitchen organizer market is growing significantly due to a rise in technology & innovation advancement and the rising popularity of pull-out shelves. The growth is further fuelled by increasing demand for the personalization of aesthetically attractive products and increased construction activity and development of the hospitality industry and workplace kitchens.

U.S. Hospitality's Emphasis on Guest Experience Fuels Kitchen Organizer Market Demand

The demand for the hospitality industry is one of the major drivers in the U.S. kitchen organizer due to various reasons, including rising short-term stays, growth in vacation rentals, focus on amenities & guest experience, emphasis on cleanliness & hygiene, rising differentiation & competition, and demand for sustainable practices. The rise of platforms like Vrbo and Airbnb led to a surge in vacation rentals. Such properties have smaller kitchens, considering the requirement for space-saving and efficient organization solutions. It creates demand for versatile and compact organizers to enhance the guest experience by maximizing storage capacity. In hotels & restaurants, there is a significant demand for kitchen organizers in the U.S. In 2022, the hotel occupancy rate in the U.S. increased by 9%, per the American Hotel & Lodging Association. This will drive the demand for kitchen organizers in the U.S. during the forecast period.

Drawer's Upper & Lower Cabinet Organizers Surge as U.S. Disposable Income Hits $19.1 Trillion

In the product segment, the drawer's upper & lower cabinet organizers are the leading market share and are growing significantly with the fastest CAGR during the forecast period. The demand is growing due to increased focus on kitchen organization, rising popularity of pull-out shelves, increased disposable income, and demand for space optimization solutions. For instance, in Q4 2022, the personal disposable income of the U.S. accounted for $19,136.0 billion, as per the Bureau of Economic Analysis. The consumer preference for improved convenience and functionality in drawers' upper & lower cabinets is another major reason for the growth of this segment. The demand for aesthetically appealing kitchen organizers, as drawers' upper & lower cabinet organizers come in various styles and finishes, which can contribute to the overall look of kitchen spaces, is growing significantly in the U.S. market.

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