Global Shelving Cabinet Market Size, Share and Trends Analysis Report, By Type (Wood, Metal, Plastic, and Others), and By Application (Residential and Commercial) Forecast Period (2022-2028)

The global Shelving Cabinet market is anticipated to grow at a CAGR of 4.9 % during the forecast period (2022-2028). The growing demand for the strong rebound in residential building construction is expected to propel the market growth during the forecast period. Kitchen cabinets continue to claim a large share of square footage in new housing, boosting demand for cabinets as these rooms are the most commonly installed areas of a home. The call for larger kitchens with features such as islands and breakfast bars is expected to further supporting the market growth. Furthermore, growing requirement for bathroom cabinet is rising such as need for medicine vanities.

The shelving cabinet provides storage space for personal items and cleaning supplies. The benefits associated with the shelving cabinets is boosting the market growth during the forecast period. In addition, non-residential cabinet demand will be fueled by strong growth in office, commercial, and institutional construction spending.

The Asia-pacific region is expected to hold a considerable share in the market during the forecast period due to the rapid expansion of cabinet installations in new and existing homes, as well as in non-residential buildings.

Some major players in the market include Merck & Co., Inc., GlaxoSmithKline plc, Sanofi SA, and Pfizer Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in November 2021, Gladiator brand, a leader in versatile garage and household organization solutions, debuted its new Premier Pre-Assembled 7 Drawer Modular Tool Storage Cabinet, which is designed to provide a heavy-duty storage solution that will accommodate garages or workshops.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Merck & Co., Inc., GlaxoSmithKline plc, Sanofi SA, and Pfizer Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Shelving Cabinet Market Report by Segment

By Type

• Wood
• Metal
• Plastic
• Others

By Application

• Residential
• Commercial

Global Shelving Cabinet Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa