Global Custom Cabinet Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Custom Cabinet Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Custom cabinets are cabinets that are specially designed with buyers' tastes and preferences in mind and then crafted in the factory to be later delivered and installed inside their home. Custom cabinets are storage areas that are measured, designed, and built to fit the room. Besides, custom-made cabinets usually can fit the unique room layout and style in the house. Custom cabinets can offer lots of customization options. Any color, style, carving, nifty space-saving design, wood, stain, unique sizing, etc. is available with custom cabinets according to the buyers' requirements.

Market Overview:

The latest research study on the global Custom Cabinet market finds that the global Custom Cabinet market reached a value of USD 6662.12 million in 2023. It’s expected that the market will achieve USD 8333.34 million by 2029, exhibiting a CAGR of 3.8% during the forecast period.

MasterBrand Completes Separation from Fortune Brands

December 15, 2022- MasterBrand, Inc. (NYSE: MBC) (“MasterBrand”), the largest residential cabinet manufacturer in North America, has completed its previously announced separation from Fortune Brands Innovations, Inc. (“Fortune Brands”) and is now an independent, publicly-traded company.

American Woodmark announces $65 million investment to expand capacity in North Carolina and Monterrey, Mexico

October 18, 2022- American Woodmark Corporation (NASDAQ: AMWD) will increase its stock kitchen and bath cabinet capacity for East Coast markets. The project will represent a total expected capital investment of approximately $65 million over the next two years and result in the creation of more than 500 new jobs. The Company expects to pay for this investment with cash on hand and borrowings from its revolving credit facility.

Rising demand for customized cabinetry products

One driving factor behind the Custom Cabinet market growth is the rising demand for customized cabinetry products in the Cabinet industry. Cabinet customization refers to enabling customers to personalize a Cabinet according to their needs and preferences. With rising disposable incomes, people are increasingly willing to pay for personalized and customized products to enhance the product experience, which is expected to drive the customized cabinets market.

Higher expenses for Custom Cabinets

Compared to other cabinets like Ready-to-assemble Cabinets (RTA), customized Cabinets are more expensive. This may affect consumer choice, especially among customers where cost is sensitive. Higher prices can cause them to abandon the option of custom cabinets, which is detrimental to the development of the custom cabinets market.

Region Overview:

In 2022, the share of the Custom Cabinet market in North America stood at 41.16%.

Company Overview:

Oppein is one of the major players operating in the Custom Cabinet market, holding a share of 13.05% in 2023.

Oppein is a China-based company principally engaged in the design, research, development, manufacture, sales, and installation of customized home products. The Company's principal products include the complete kitchen cabinets, overall wardrobes, bathroom vanities, and customized wood doors. OPPEIN set up overseas offices in Kenya, India, Australia, and Malaysia.

American Woodmark provides the service including face frame kitchen and bath cabinetry through a variety of channels, including remodeling, new construction, and specialty dealers. Today the company operates manufacturing plants in the US and Mexico and service centers. American Woodmark offers a wide variety of products that fall into product lines including kitchen cabinetry, bath cabinetry, office cabinetry, home organization, and hardware. Its cabinetry products are available in a variety of designs, finishes finish colors, and door styles. Targeting the remodeling and new home construction markets, American Woodmark sells its lineup through home centers and independent dealers and distributors; it also sells directly to major builders.

Segmentation Overview:

Among different product types, Wooden Material segment is anticipated to contribute the largest market share in 2028.

High-quality Wooden Material can add beauty to the room. For example, an assortment of natural hues is offered by different wood species, like bamboo, cherry, oak, and so on. Solid wooden cabinets are also strong, long-lasting, and resistant to damage. Scratches are usually easy to cover or buff away. Besides, wooden Material Cabinet can readily be customized to create the custom cabinet type of people's choice. But wooden material cabinet naturally reacts to humidity and may warp or crack.

Application Overview:

By application, the Residence segment occupied the biggest share from 2018 to 2022.

On the basis of end-user groups, the Custom Cabinet market can be divided into the hotel market, residence market, and apartment market. The hotel market is primarily for commercial purposes. Custom cabinets can be used to complement the design of the hotel. The residential and apartment market includes new home renovations or old room renovations. Among them, residence use accounted for the major share of the downstream application market.

Key Companies in the global Custom Cabinet market covered in Chapter 3:

MasterBrand Cabinet
Cabinetworks Group
Huntwood Industries
Nobilia
IKEA
Oppein
California Closets
American Woodmark
Schüller
Suofeiya Home Collection Co.Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Custom Cabinet market from 2019 to 2030 is primarily split into:

Wooden Material
Metal Material
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Custom Cabinet market from 2019 to 2030 covers:

Hotel
Residence
Apartment
Others
Total

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)