We originally installed this bucket storage wall so we could have more space in the garage. These stick out about 12″ or so, whereas the shelving we removed was about 2′ deep and made it hard to park two cars in the garage.
Another benefit was that we were able to grab a buckets that had designated tools and supplies and then go to wherever we were working with everything conveniently portable.
Since we have a bunch of car projects coming up, this space will work better for us with a different tool storage setup more tuned to auto mechanics.
Here is the video of us removing our bucket storage wall.