Examine The Garage And Storage Shed Trends In The U.s.

sales of garage and shed storage, 2008-2013 (in billions of dollars) The Marketers Same Percentage of Households Spend More and Less Than $1,000 Annually on Home Improvements Sixty Percent of Households Do It Themselves with Home Improvements Other Spaces Higher Priorities Than Garage Younger Families With Higher Incomes, Advanced Educations Tend to Remodel Basements, Attics and Garages Purchase of Storage Sheds Remains Steady Majority of Households Spend More Than $500 on Sheds 75% of Households Assemble and Install Sheds Themselves Older Boomers With Larger Families, Young Children More Likely to Have Bought Sheds Southeast is Strongest Region for Sheds Boomers and College Graduates More Likely to Have Bought Garage Doors Central Region Strongest for Garage Doors Psychographic Traits of Remodelers and Shed Buyers Consumers Want Quality, Performance and Closet Storage Consumers Value Quality and Performance Most Closet Storage Most in Demand Consumers Do Want Large, Organized Garages Listening to Women She Wants to Eliminate Clutter Builders Take Women-Centric Approach Consumers Say They Want Green Products Consumers Want But Dont Often Buy Green Organization Calms Consumers Empty Nest Not So Empty Empty Nesters Downsizing A Fuller House for the Sandwich Generation Chapter 2: The Market A Robust Market Slows Down Figure 2-1: U.S. Sales of Garage and Shed Storage, 2004-2008 (in millions of dollars) Figure 2-2: Sales by Product Category, 2008 (percent) Garage Organization Products and Sheds About 2% of Housewares Table 2-1: U.S. Retail Sales of Housewares 2007 (in billions of dollars) Regional Differences Figure 2-3: New One Family Houses Sold, Percent with Basements, 2007 U.S. is Global Garage Organization and Shed Leader Factors Affecting Growth Figure 2-4: Number of U.S. Households, 2000-2008 (households in millions) Housing Boom Creates Demand for Organization Table 2-2: Percent of Home Ownership, 1990-2008 Figure 2-5: U.S. Quarterly Homeownership Rates, 2004-2008 (percent) Table 2-3: Annual Existing Home Sales, 2002-2008 Table 2-4: Annual New Home Sales/Median Annual Sales Price, 1995-2008 Table 2-5: Quarterly House Price Appreciation, 2005-2008 (percent) Table 2-6: Annual Housing Starts 2000-2008, Single Family Homes Easy Credit Drives Consumption Figure 2-6: Average Mortgage Rates, 2005-2008 (percent) Figure 2-7: First-Time Home Buyer Index in U.S., 2005-2008 (index) Figure 2-8: Consumer Credit in U.S., 2003-2008 (in billions of dollars) Figure 2-9: Home Mortgage Borrowing in U.S., 2003-2008 (in billions of dollars) Larger U.S. homes but trending smaller Table 2-7: Median Square Feet of Floor Area, New One Family Houses, 1985-2007 Americans Love Big Garages Table 2-8: Type of Parking Facility of New One-Family Houses Completed (percent) Big Spenders, Non-Savers Table 2-9: Personal Income and Its Disposition, 2001-2008 (in billions of dollars) Figure 2-10: U.S.
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Online Sellers Tackle Storage Problems

Newell expects to sell off, cut back or close down about $500 million in sales of selected consumer product categories. The company had total sales of $6.4 billion in 2007. It said much of the action would be focused on the most resin-intensive product areas. “In categories where resin is a high percentage of cost of goods sold and the consumer’s willingness to pay for innovation is low, the economics are no longer viable,” Newell Rubbermaid Chief Executive Mark Ketchum said in a statement. The company plans to raise prices in the second half of this year, with some increases as high as 22 percent.
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Newell to Shed Assets, Cuts 2008 Profit Forecast

Report Methodology The information contained in this report was obtained from both primary and secondary research. Primary research included consultation with executives from a variety of industry players such as Whirlpool, Slide-Lok, Hyloft, HandiSolutions, Hafele, BH North America, and Triton Garage. Primary research also included on-site examination of retailers. Secondary research entailed data-gathering from myriad business sources, including trade publications and newsletters; articles in consumer business newspapers and magazines; government data; information from industry and non-governmental associations, annual reports, 10Ks, and other financial releases from public companies; and other reports by SBI. Information on new product introductions was derived primarily from reports in the trade press and online.
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Garage and Storage Shed Trends in the U.S.

Interlocking doublewall blowmolded panels for strength and durability. Hinged roof design with prop bar provides walk in accessibi
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Rubbermaid Horizontal Outdoor Storage Shed 60x32x47

It was used for light manufacturing and is suitable for profile extrusion without major renovation. Royal earlier said in its final prospectus for an initial stock offering that the joint venture planned to build a 66,000-square-foot plant to extrude profiles for consumer storage sheds. Brown said the venture decided to take advantage of buying a larger, available plant, but other plans stated in Royal’s prospectus remain unchanged.
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Recognize when you need to move your entire operations out of your home. Lynn Dralle became more efficient and productive when she took the leap. Be realistic. Identify items you’ll never get around to or will never sell, and get rid of them; consider donating them to a charity, as Patricia Bugg does. Your storage costs can be tax deductible – be sure to talk to your accountant, and save those receipts! About the author: Julia Wilkinson is the author of “The eBay Price Guide” (No Starch Press, 2006) and “eBay Top 100 Simplified Tips & Tricks” (Wiley, 2004-6).
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