A successful custom shelving and storage solutions business relies on more than just quality work and reputation alone. From a robust business plan to access to materials and resources and market research, there are a lot of variables to control and questions to answer.
That is where ShelfGenie® truly shines. ShelfGenie provides the resources to help business owners leverage major demographic movements and market trends into long-term success.
Are you ready to take the cabinet market by storm with custom home storage solutions?
What Is ShelfGenie All About?
ShelfGenie is a low-cost entry franchise, made for first-time and established entrepreneurs alike. This model is designed for those looking to step into the world of business ownership without the daunting overhead associated with many traditional businesses.
This franchise allows you to streamline ramp up time and begin operating your new business in the most efficient manner.
Cabinet Market Size and Opportunities
The cabinet industry is booming, and the revenue opportunities might surprise you. Over the last few years, the home improvement sector experienced unprecedented growth, fueled by homeowners’ increasing desire to optimize and enhance their living spaces. And that trend is expected to continue. The Cabinet Market size is expected to grow from 131.29 billion (2024) to 165.67 billion by 2029.
With a strong presence in home services, ShelfGenie has built a reputation for quality and innovation. This brand recognition helps drive customer trust and loyalty. With ShelfGenie, you’re not just starting a business; you’re entering a growing market with strong potential for growth.
Starting Your ShelfGenie Franchise: Follow These Trends
The custom cabinet market is constantly evolving, driven by homeowners' changing preferences and technological advancements. Let’s take a closer look at the current top trends.
Millions of Americans Want to Age in Place
If you look at the current population, Americans are getting older. By 2050, the U.S. Census Bureau estimates the population of people aged 65+ will nearly double to approximately 85.7 million. Statistics also show that among those over 50 years old, 77% want to age in place instead of moving to retirement homes, moving in with family, or other accommodations.
Why does this matter? As homeowners age, it creates demand for aging-in-place solutions that let people stay in their existing homes while modifying them for ease of access.
At ShelfGenie, we have solutions that can meet the needs of this custom shelving demographic. In fact, we manufacture our own line of shelving solutions! Our Glide-Out shelving can take a space that is difficult for many people to use and put it back into reach by adding easily accessible tiers for better organizing. Whether someone has arthritis, uses a wheelchair, or has trouble seeing, this solution can make a huge difference in the comfort and enjoyment of their home.
While our proprietary Glide-Out shelving is perfect for those with limited mobility, it also appeals to a wider range of clients. In fact, so many clients love this product that your business may benefit from a high number of word-of-mouth referrals - and, of course, future business.
Retrofitting for Home Improvement
New homes often come outfitted with the latest storage and organization solutions, but buying a new home often isn’t in the cards for many Americans. Instead, homeowners are choosing to go the home improvement route to make older homes work for them.
Custom cabinets are often a top choice for home improvement because they provide a range of benefits for homeowners. For example, custom cabinets can modernize a dated home, improve aesthetic appeal, and make a space more functional.
For individuals who eventually do decide to sell or buy a home, making improvements often increases the home’s value. In fact, 75% of people buying new homes first made improvements to their previous home before putting it on the market. Whether the market is slow or starts to heat up, a custom cabinet business can capitalize on market conditions to thrive!
Storage Is Needed for Older Homes
According to the National Association of Home Builders, the average age of an owner-occupied home in the US is 40 years old. These older homes come with lots of character and variety. But they also tend to come with outdated floorplans that lack sufficient storage for modern lifestyles. The way we use and live in our homes has changed over the years, and older homes don’t always accommodate those changes.
Homeowners living in older homes are often looking for solutions that allow them to utilize existing space without paying for additional square footage. Adequate and functional storage is a big problem in many older homes, causing homeowners to struggle to find the right solutions for them.
The ShelfGenie solution to this problem involves built-in custom cabinetry, tailored to fit the space and the client’s needs. When combined with professional design consultation and installation services, clients can get the cabinet solutions they’ve dreamed about without lifting a finger.
ShelfGenie Can Help You Dominate the Cabinet Market with Custom Storage Solutions
When you put it all together, these trends add up to a strong demand for ShelfGenie services and products - now and in the future. As more and more people require innovative storage solutions, you could meet those needs, make a difference in the lives of homeowners, and realize your dreams of business ownership, all with a ShelfGenie franchise!
Ready to learn more? Visit us online to get your free copy of the ShelfGenie Franchise Guide today!
