The fast-growing custom closet franchise is a huge opportunity
Custom closets are big business. A survey issued by the Freedonia Group projects the custom closet industry is on pace to reach $3.4 billion in 2023, and there’s no signs of slowing down anytime soon.
The surge in spending on custom closets is the result of one thing: cluttered, disorganized closets are a headache homeowners want to live without.
And the headache is far bigger than you imagine:
- ¼ of American women describe their closets as disorganized, that’s over 41 million women!
- 44% of women say they can’t find an item in their closet at least once a month.
- 1 out of every 9 women are late to work because they can’t find something to wear.
- 61% of women who cannot find an item in their closet end up buying new clothes.