Modular Kitchen Market
Modular Kitchen Market Size, Share & Trends Analysis Report by Design (L Shape, U Shape, Parallel, Straight, Island, and Others), by Product Type (Floor Cabinet, Wall Cabinet, and Tall Storage Cabinets), and by Raw Material (Wood, Metal, and Others) Forecast Period (2022-2028)
Modular kitchen market is anticipated to grow at a CAGR of 5.1% during the forecast period. The rapid growth in the residential construction industry is significantly contributing to the growth of the modular kitchen market during the forecast period. The growing number of real estate projects and the increasing demand for space-saving homes are further supporting the growth of the market. For instance, in September 2022, according to the US Census Bureau and the US Department of Housing and Urban Development, privately?owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,564,000 this is 1.4% above the revised August rate of 1,542,000. Moreover, Privately?owned housing completions in September were at a seasonally adjusted annual rate of 1,427,000. This is 6.1% above the revised August estimate of 1,345,000. Therefore, the rapid growth in the residential construction industry is driving the modular kitchen market.
Moreover, key players are expanding their footprints in the modular kitchen segment to cater to the demand and stay competitive in the market. For instance, M/s R P Locks Ltd (Harrison Locks) has expanded its footprints into new segments such as modular kitchen and builder hardware solutions. The company is also targeting to open 30 Suvidha stores and touch-and-feel centres for modular kitchen hardware across India by 2025. Additionally, the company also participated in the HBLF show, an architectural and interior products exhibition, in Gujarat to showcase its branded products and increase its footprints.
Segmental Outlook
The global modular kitchen market is segmented based on design, product type, and raw material. Based on the design, the market is sub-segmented into L shape, U shape, parallel, straight, island, and others. Based on the product type, the market is sub-segmented into floor cabinets, wall cabinets, and tall storage cabinets. Based on the raw material, the market is further sub-segmented into wood, metal, and others. Among the product type, the tall storage cabinets sub-segment is expected to hold a considerable share of the market due to the changing customers' requirements. The tall storage cabinets can be fitted in small and medium size kitchens and are suitable for small houses. Due to its compact size feature, it is widely adopted by small kitchen owners.
Among the design, the L shape sub-segment is expected to hold a prominent share in the modular kitchen market over the forecast period. The L shaped modular kitchen is preferred majorly due to it being easily set up in small spaces. It is gaining popularity among nuclear families with space constraints as it offers efficient utilization of floor spaces. Moreover, they are easily adopted in open kitchen styles by offering large spaces to store cookware and other.
Regional Outlooks
The global modular kitchen market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the European region is expected to hold a considerable share of the modular kitchen market during the forecast period, owing to the increasing construction activities for both commercial and residential in the region.
Global Modular Kitchen Market Growth, by Region 2022-2028
Asia-Pacific Region is Expected to Hold a Significant Share of the Global Modular Kitchen Market
Among all regions, the Asia-Pacific region is expected to hold a significant market share during the forecast period. The presence of modular kitchen market players such as Hettich India Pvt. Ltd., Sleek International Pvt. Ltd., Würfel Küche Pvt. ltd., and others are accelerating the growth of the modular kitchen market. Key players are expanding their business in developing countries such as China, India, and other countries to cater to the demand for modular kitchens in the region. For instance, in August 2022, Würfel Küche Pvt. Ltd., which provides premium modular kitchens and wardrobes expanded its offline presence by launching its first retail studio in Dehradun, adding to their list of studios PAN India.
Market Players Outlook
The major companies serving the global modular kitchen market include Alea Modular Kitchen, Bulthaup GmbH & Co KG, EASYLIFE KITCHENS, Godrej & Boyce Manufacturing Co. Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2019, Ultrafresh India launched the Magnum Series, a new category of modular steel kitchens. The series is available in black and dark blue. color and it includes a grand four-foot chimney, German hardware, and accessories. The Magnum Series gives a vintage feel and a completely different dimension to the kitchen.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global modular kitchen market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Modular Kitchen Market by Design
4.1.1. L Shape
4.1.2. U Shape
4.1.3. Parallel
4.1.4. Straight
4.1.5. Island
4.1.6. Others (G shape)
4.2. Global Modular Kitchen Market by Product Type
4.2.1. Floor Cabinet
4.2.2. Wall Cabinet
4.2.3. Tall Storage Cabinets
4.3. Global Modular Kitchen Market by Raw Material
4.3.1. Wood
4.3.2. Metal
4.3.3. Others (Plastic, Glass, Acrylic)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alea Modular Kitchen
6.2. Bulthaup GmbH & Co. KG
6.3. EASYLIFE KITCHENS
6.4. Godrej & Boyce Manufacturing Co. Ltd.
6.5. Hackers Küchen GmbH & Co. KG
6.6. Häfele GmbH & Co KG
6.7. Hettich Holding GmbH & Co. KG
6.8. IFB Industries Ltd.
6.9. IKEA Systems B.V.
6.10. Kohler Co
6.11. LINEADECOR
6.12. Lukwood Kitchen
6.13. Nexus Interio Pvt. Ltd.
6.14. Nobia AB
6.15. Nobilia GB Ltd.
6.16. PEDINI S.p.A
6.17. SieMatic Möbelwerke GmbH & Co. KG
6.18. Sleek International Pvt Ltd. (A subsidiary of Asian Paints)
6.19. Snaidero Rino Spa
6.20. Wudley Modulars Pvt. Ltd.
1. GLOBAL MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY DESIGN, 2021-2028 ($ MILLION)
2. GLOBAL L SHAPE MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL U SHAPE MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL PARALLEL MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL STRAIGHT MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ISLAND MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL OTHER DESIGN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
9. GLOBAL FLOOR CABINET IN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL WALL CABINET IN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL TALL STORAGE CABINET IN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
13. GLOBAL MODULAR KITCHEN OF WOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL MODULAR KITCHEN OF METAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
15. GLOBAL MODULAR KITCHEN OF OTHER RAW MATERIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY DESIGN, 2021-2028 ($ MILLION)
19. NORTH AMERICAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
21. EUROPEAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY DESIGN, 2021-2028 ($ MILLION)
23. EUROPEAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY DESIGN, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
29. REST OF THE WORLD MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY DESIGN, 2021-2028 ($ MILLION)
31. REST OF THE WORLD MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD MODULAR KITCHEN MARKET RESEARCH AND ANALYSIS BY RAW MATERIAL, 2021-2028 ($ MILLION)
1. GLOBAL MODULAR KITCHEN MARKET SHARE BY DESIGN, 2021 VS 2028 (%)
2. GLOBAL L SHAPE MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL U SHAPE MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL PARALLEL MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL STRAIGHT MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL ISLAND MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL OTHER DESIGN MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL MODULAR KITCHEN MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
9. GLOBAL FLOOR CABINET MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL WALL CABINET MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL TALL STORAGE CABINET MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL MODULAR KITCHEN MARKET SHARE BY RAW MATERIAL, 2021 VS 2028 (%)
13. GLOBAL MODULAR KITCHEN OF WOOD MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL MODULAR KITCHEN OF METAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL MODULAR KITCHEN OF OTHER RAW MATERIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL MODULAR KITCHEN MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. US MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
19. UK MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MODULAR KITCHEN MARKET SIZE, 2021-2028 ($ MILLION)
