Wardrobe Market Expected to Reach USD 103.11 Billion by 2032 | Growing at a CAGR of 6.60%

Market Research Future (MRFR) has published a cooked research report on the “Wardrobe Market” that contains information from 2018 to 2032. The Wardrobe Market is estimated to register a CAGR of 6.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Wardrobe Market— Oppein Home Group (China), California Closets (U.S), Mobilspazio Srl (Italy), hülsta-werke Hüls GmbH & Co. KG (Germany), Closets by Design, Inc. (U.S.), Closet Factory (U.S.), Molteni&C S.p.A (Italy), Lema s.p.a (Italy), Würfel (India), and Spacewood (India)

Market Highlights

The global Wardrobe Market is accounted to register a CAGR of 6.30% during the forecast period and is estimated to reach USD 103.11 billion by 2032.

The demand for wardrobes, both for residential and commercial use, is on the rise. This is driven by changing lifestyles, increased urbanization, and the need for efficient storage solutions. As more people invest in home renovation and remodeling projects, the wardrobe market benefits from the desire to optimize storage space and enhance the aesthetics of living spaces.

Segment Analysis

The global wardrobe market has been segmented based on material, category, application, and distribution channel

Based on Material, the market is segmented into Wood, Metal, Glass, and Others. The wood segment was attributed to holding the largest market share in 2022.  The dominance of the Wood segment in the market can be attributed to the substantial demand for premium-quality cabinetry characterized by exceptional durability and resistance properties. Wood cabinetry is perceived as a dependable and long-term investment due to its robustness. Additionally, the ease of maintenance and the wide array of available colors and designs further bolster its market position.

Based on the Category, the Wardrobe Market has been segmented into Manual and Automated. The Manual segment was expected to hold the largest market share in 2022. The manual segment of the market has secured a significant market share primarily because of its easy accessibility, low maintenance requirements, and cost-effectiveness. Meanwhile, Automated closets with advanced features like automated sliding doors and built-in lighting are gaining substantial traction. This is especially true among a growing consumer base comprising tech-savvy individuals who have a preference for technologically advanced products. However, it's worth noting that the relatively high cost and maintenance needs associated with automated cabinetry pose challenges to their widespread adoption.

Based on the Application, the Wardrobe Market has been segmented into Residential and Commercial. The residential segment was attributed to holding the largest market share in 2022. The growth of this segment is driven by rapid urbanization and the increasing number of households worldwide. For example, data from The Office for National Statistics in the U.K. reveals that in 2021, there were approximately 28.1 million households, marking a 6.3% increase over the past decade. Wardrobe storage solutions vary based on individual customer preferences. Within the residential space, cabinetry offers a range of features, including wardrobes equipped with drawers, shelves, and clothing hangers. Additionally, these cabinets can incorporate supplementary storage options to accommodate items such as footwear modules, belt hangers, and tie holders. This diversity in storage offerings caters to the diverse needs and preferences of customers.

Based on the Distribution Channel, the Wardrobe Market has been segmented into Online and Offline. The offline segment was attributed to holding the largest market share in 2022, primarily due to the increasing preference among consumers for purchasing cabinets from furniture and branded stores. Offline retail channels provide customers with the opportunity to physically examine the product's quality and features before making a purchase decision.

Regional Analysis

The global Wardrobe Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Wardrobe Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Wardrobe Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Wardrobe Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Wardrobe Market was maintained by the North American regional sector. In the North American market, consumers typically show a strong preference for cabinets that come in various colors, designs, and materials to enhance the visual appeal of their living spaces. The expanding hotel industry in the region is also a significant driver of market growth. For instance, based on data from the California Hotel Development Survey conducted by Atlas Hospitality Group, a U.S.-based real estate agency, California saw the addition of 11,795 new rooms across 92 hotels in 2019. Additionally, there were 212 hotels with 28,102 rooms under construction as of 2019, along with 1,199 hotels in various planning stages, representing a 7% increase in room count compared to 2018. This surge in hotel room construction is expected to contribute to increased demand for cabinet products across the country in the coming years.

Moreover, the Europe market has been persistently growing over the forecast period. In the European interior design market, wardrobe designs are strategically aligned with various elements of home decor, including furniture, flooring, and lighting. Predominantly, wooden wardrobes are the preferred choice among European homeowners. This preference can be attributed to the widespread availability and cost-effectiveness of oak, which serves as the primary raw material favored by European cabinetry manufacturers.

The significant production activity in the Asia Pacific region can be attributed to the presence of numerous players, both small and large-scale, including prominent names like Godrej Interio, IKEA, Suofeiya, and PA Cabinets. This robust manufacturing landscape is further bolstered by the increasing furniture production in countries such as China, India, and Japan, which bodes well for the expansion of the Asia-Pacific market. Moreover, the rapid growth observed in both the commercial and residential sectors is expected to drive substantial demand for these products in the forthcoming years. For instance, a report from Knight Frank India, a reputable real estate agency in India, indicates that home sales in the country's eight major residential markets experienced a notable 40% growth, reaching 232,396 units by September 2022, compared to 163,426 units in the same period in 2021. This trend underscores the promising prospects for the industry.

Furthermore, the rest of the world's Wardrobe Market is divided into the Middle East, Africa, and Latin America. The Middle East stands as a significant player in the global cabinetry import market, with the primary sources being China, Italy, Malaysia, and Turkey. Within the Middle East, Saudi Arabia and the UAE emerge as pivotal markets. Saudi Arabia predominantly depends on imports to meet its closet consumption needs, whereas the UAE specializes in re-exporting various furniture items, including cabinetry.

Key Findings of the Study

• The global Wardrobe Market is expected to reach USD 103.11 billion by 2032, at a CAGR of 6.30% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because of the Robust real estate development in many Asian cities has led to an increase in residential and commercial construction projects.


• Based on Material, the Wood segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.


• Oppein Home Group (China), California Closets (U.S), Mobilspazio Srl (Italy), hülsta-werke Hüls GmbH & Co. KG (Germany), Closets by Design, Inc. (U.S.), Closet Factory (U.S.), Molteni&C S.p.A (Italy), Lema s.p.a (Italy), Würfel (India), and Spacewood (India)