Global Cabinets Market 2024-2028
The cabinets market is forecasted to grow by USD 25059.2 mn during 2023-2028, accelerating at a CAGR of 6.02% during the forecast period. The report on the cabinets market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing influence of different retailing channels, growing popularity of home renovation and remodeling, and increasing urbanization and residential construction.
Technavio's cabinets market is segmented as below:
- By End-user
- Residential
- Commercial
- By Application
- Kitchen cabinets
- Bathroom cabinets
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growth in demand for outdoor kitchen cabinets among millennials as one of the prime reasons driving the cabinets market growth during the next few years. Also, expansion of hospitality industry and rising consumer preference for premium and luxury cabinets will lead to sizable demand in the market.
The report on the cabinets market covers the following areas:
- Cabinets market sizing
- Cabinets market forecast
- Cabinets market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cabinets market vendors that include American Woodmark Corp., Avanity Corp., Baldhead Cabinet, Bellaterra Home LLC, Bertch Cabinet LLC, Cabinetworks Group, Crystal Cabinet Works Inc., Design Element Group, DHI Custom Cabinetry, Dupont Kitchen and Bath Fixtures, Empire Industries Inc., Fabuwood Cabinetry Corp., Fehrenbacher Cabinets Inc., Foremost Groups Ltd., Kitchen Magic, Kohler Co., Milarc Cabinets, New Cabinet Co., Northland Cabinets Inc., Prasara Innotech Pvt Ltd., Stanley Lifestyles Ltd., and Wilsonart LLC. Also, the cabinets market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.