It will match or exceed commercial products if you pick a strong material and print settings. I've printed a ton of toolbox dividers, bins, clamps, hangers, etc out of PLA and PETG and 98% are still going strong after 4+ years. The things I've broken have had either literal hammers or my entire body weight land on them.

PLA is common, really easy to print, vaguely biodegradable, and strong — but it is brittle, will deform under load, and will degrade in UV light.

PETG, roughly the plastic in soda bottles, is a good choice for functional prints and addresses all the problems with PLA but is slightly less strong and is more difficult to print fine detail with.

ABS/ASA will produce prints with strength and durability truly like commercial products, but you need a pretty decent printer + enclosure to avoid warping. Also it produces toxic fumes while printing.

Tradeoffs.