Global Modular Kitchen Market 2024-2028
The modular kitchen market is forecasted to grow by USD 15.11 bn during 2023-2028, accelerating at a CAGR of 6.43% during the forecast period. The report on the modular kitchen 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 high demand for convenient and customized kitchens with wide design variety, efficient space management and ease in assembly of kitchen items, and growth in residential construction activities.
Technavio's modular kitchen market is segmented as below:
By Type
- L-shaped
- U-shaped
- Straight kitchen
- G-shaped and others
By Product
- Floor cabinets
- Wall cabinets
- Tall storage
By Geographical Landscape
- Europe
- APAC
- North America
- Middle East and Africa
- South America
This study identifies the growing popularity of open modular kitchens as one of the prime reasons driving the modular kitchen market growth during the next few years. Also, rise of interactive kitchens with contemporary style and modular kitchens being solution for smaller flats will lead to sizable demand in the market.
The report on the modular kitchen market covers the following areas:
- Modular kitchen market sizing
- Modular kitchen market forecast
- Modular kitchen 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 modular kitchen market vendors that include ALPES INOX, Asian Paints Ltd., Boston Cabinets Inc., eggersmann kuchen GmbH and Co. KG, Frama APS, Godrej and Boyce Manufacturing Co. Ltd., Hacker Kuchen GmbH and Co. KG, Hettich Holding GmbH and Co. oHG, Homevista Decor and Furnishings Pvt. Ltd., Inter IKEA Holding BV, Modular Kitchen Co., Nobia AB, nobilia, Pedini SpA, Poggenpohl Manufacturing GmbH, Schuller Mobelwerk KG, SieMatic Mobelwerke GmbH and Co. KG, Snaidero Rino Spa, Veneta Cucine Spa, Welcome Kitchen World, Woodstone Cabinetry, Hafele America Co, and Todeschini. Also, the modular kitchen 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 research - both primary and secondary. 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 the accurate market growth.