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Modular Kitchen Market 2025 Report by Driving Factors, Industry Growth, Key Vendors

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Rahul Sharma
Modular Kitchen Market 2025 Report by Driving Factors, Industry Growth, Key Vendors

The global modular kitchen market size is projected to touch USD 28.54 billion by 2025, according to a new report by Million Insights. The market is estimated to grow at a CAGR of 5.8% from 2019 to 2025. Growing residential construction coupled with increasing consumers’ purchasing power in emerging countries such as India, China and Brazil is attributing to the market growth. Further, increasing trends of nuclear families in emerging countries is also supplementing the market growth.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-modular-kitchen-market/request-sample

 

Market Synopsis of Modular Kitchen Market:

 

The L-shaped segment occupied the largest market share with over 55% in 2018. Factors such as convenience and flexibility offered by this design shape are proliferating the segment growth. Also, this shape is considered to be most suitable for compact space.

 

Tall storage is estimated to grow at the highest CAGR of 6.3% over the forecast years. It has an ability to store commodities in bulk and it offers an aesthetically appealing look. This factor is expected to augment the market growth for this segment.

 

Wood products held the largest market share in 2018 with over 60% of the market share, while fiber/plastic segment is likely to grow at the fastest CAGR over the forecast duration. Plastic features such as water-proof and termite-proof are supplementing the segment growth. Further, plastic is robust and available in different colors at comparatively low cost.

 

Europe was the largest market with over 30% of the market share in 2018. Presence of key manufacturers and the growing trend of the nuclear family in countries such as U.K, France and Germany are bolstering the segment growth. Asia Pacific, on the other hand, is estimated to grow fastest over the forecast period. Rising demand from emerging countries such as China, India and Indonesia is driving the regional growth.

 

The key player in the modular kitchen market includes Nobia AB, LINEADECOR, Häfele GmbH & Co KG, Bulthaup, Hettich Group, Pedini, Häcker Küchen GmbH & Co. KG and Snaidero Cucine among others. Manufacturers are focusing on strategic initiatives such as merger and acquisition, product innovation and business expansion to garner a larger market share.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-modular-kitchen-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Modular Kitchen: Market Variables, Trends & Scope              

Chapter 4 Modular Kitchen: Product Estimates & Trend Analysis

Chapter 5 Modular Kitchen: Application Estimates & Trend Analysis

Chapter 6 Modular Kitchen: End-use Estimates & Trend Analysis

Chapter 7 Modular Kitchen: Industrial End-use Estimates & Trend Analysis

Chapter 8 Modular Kitchen: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Modular Kitchen: Manufacturers Company Profiles

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