A modular kitchen, also known as modern kitchen furniture, is designed with modules of cabinets to hold various kitchen items. This type of kitchen furniture is structured for efficient use of space, with cabinets arranged in a symmetrical layout to form a cohesive and functional unit.
The primary types of modular kitchens include floor cabinets, wall cabinets, and tall storage units. Floor cabinets, which provide support to countertops, are essential for storage, aesthetics, and various functionalities. Modular kitchens come in different designs such as L-shape, U-shape, parallel, straight, and island layouts. The construction of modular kitchens involves the use of various raw materials, including lacquered wood, wood sheets, melamine, metals, high-pressure laminates, and others such as glass and acrylic. These kitchens are available through both online and offline distribution channels.
The modular kitchen market research report is one of a series of new reports that provides modular kitchen market statistics, including modular kitchen industry global market size, regional shares, competitors with a modular kitchen market share, detailed modular kitchen market segments, market trends and opportunities, and any further data you may need to thrive in the modular kitchen industry. This modular kitchen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The modular kitchen market size has grown steadily in recent years. It will grow from $22.82 billion in 2023 to $23.63 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth observed in the historical period can be attributed to factors such as changing lifestyles, urbanization, a preference for customization, the ease of installation, and an increasing awareness of environmental considerations.
The modular kitchen market size is expected to see steady growth in the next few years. It will grow to $28.31 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The anticipated growth in the forecast period can be attributed to factors such as a focus on health and hygiene, the multifunctionality of kitchen spaces, the popularity of modular furniture, the kitchen evolving into a social space, and an emphasis on consumer convenience. Noteworthy trends expected during this period encompass the integration of smart kitchen appliances, the adoption of digital visualization, the rise of remote monitoring, the use of customization software, and the exploration of innovative materials.
The modular kitchen market is experiencing significant growth, largely propelled by the rapid expansion of the residential construction industry. The surge in real estate projects and the escalating demand for homes with space-saving features contribute to the flourishing modular kitchen market. Notably, the US construction industry is projected to grow by 8.7% from 2020 to 2025. Additionally, data from the US Census Bureau and the Department of Housing and Urban Development in December 2021 revealed 1,873,000 granted building permits and 1,295,000 housing completions. This robust growth in the residential construction sector is a key driver for the modular kitchen market.
The ongoing trend of urbanization is expected to bolster the modular kitchen market. The increasing need for infrastructure development in urban areas correlates with a rising demand for modular kitchens. These kitchens, designed for optimal space utilization and functionality, are well-suited for urban homes where space is often a premium. With customizable and flexible designs, modular kitchens offer an ideal solution for homeowners in urban settings. Notably, global urban population data from September 2021, as per the United Nations Department of Economic and Social Affairs, indicates that 4.46 billion people lived in urban areas in 2021, a number projected to reach 6.68 billion by 2050. This substantial growth in urbanization, particularly in developing economies, is anticipated to fuel demand for the modular kitchen market.
A key trend in the modular kitchen industry is the incorporation of technological advancements and automation by companies. For example, RTA Outdoor Living introduced a Modular Outdoor Kitchen System (MOKS) in May 2021, allowing customers to choose designs and place pre-assembled outdoor kitchens. This trend involves integrating technology and automation in various aspects, including worktops, chimneys, and emphasizing eco-friendliness, such as anti-bacterial kitchens.
Major players in the modular kitchen market are adopting strategic collaborations to streamline launches, improve cost efficiency compared to traditional methods, minimize environmental impact, and enhance profitability. A notable example is the collaboration between Picnic Works, a Seattle-based kitchen automation technology developer, and ContekPro, a Portland-based modular kitchen manufacturer. This partnership combines the strengths of both companies to create factory-built pizza kitchens for commercial foodservice providers.
In November 2021, The TTK Prestige Company, an India-based manufacturer of kitchen appliances and cookware under the Prestige brand, acquired a 51% stake in Ultrafresh Modular Solutions (UMSL) for $4 million. This strategic move allows TTK Prestige to leverage Ultrafresh's extensive network, with 85 franchise outlets across India, to expand the reach of Prestige products in new households. Ultrafresh Modular Solutions (UMSL) is an Indian-based company specializing in modular kitchens and kitchen appliances, established in 1992.
Major companies operating in the modular kitchen market include Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries Ltd., Häcker Küchen GmbH & Co. KG, Lineadecor USA LLC, Snaidero Rino S.p.a, Bulthaup UK Ltd., Boston Cabinets Inc., Pedini SPA, SieMatic USA, Spacewood Pvt. Ltd., V3 Engineers Pvt. Ltd., Timbor Home Ltd., Godrej and Boyce Mfg, Lispo Total Kitchen Solution, Meine Kuche India Pvt. Ltd., OPPEIN Home Group Inc., IKEA Systems B.V., KraftMaid Services India Private Limited, MasterBrand Cabinets Inc., Cliqstudios Cabinets Technologies Private Limited, Arclinea SPA, Merillat Industries LLC, Wood-Mode LLC., Regalo Kitchens Private Limited, Sleek World International Ltd., Häfele India Pvt. Ltd., Urban Ladder, Livspace Pte Ltd., Nobia AB, Scavolini SPA, Poggenpohl Manufacturing GmbH, Boffi SPA
Europe was the largest region in the modular kitchen market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular kitchen analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the modular kitchen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The modular kitchen market consists of sales of kitchen spaces, cabinets and storage spaces. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The primary types of modular kitchens include floor cabinets, wall cabinets, and tall storage units. Floor cabinets, which provide support to countertops, are essential for storage, aesthetics, and various functionalities. Modular kitchens come in different designs such as L-shape, U-shape, parallel, straight, and island layouts. The construction of modular kitchens involves the use of various raw materials, including lacquered wood, wood sheets, melamine, metals, high-pressure laminates, and others such as glass and acrylic. These kitchens are available through both online and offline distribution channels.
The modular kitchen market research report is one of a series of new reports that provides modular kitchen market statistics, including modular kitchen industry global market size, regional shares, competitors with a modular kitchen market share, detailed modular kitchen market segments, market trends and opportunities, and any further data you may need to thrive in the modular kitchen industry. This modular kitchen market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The modular kitchen market size has grown steadily in recent years. It will grow from $22.82 billion in 2023 to $23.63 billion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The growth observed in the historical period can be attributed to factors such as changing lifestyles, urbanization, a preference for customization, the ease of installation, and an increasing awareness of environmental considerations.
The modular kitchen market size is expected to see steady growth in the next few years. It will grow to $28.31 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The anticipated growth in the forecast period can be attributed to factors such as a focus on health and hygiene, the multifunctionality of kitchen spaces, the popularity of modular furniture, the kitchen evolving into a social space, and an emphasis on consumer convenience. Noteworthy trends expected during this period encompass the integration of smart kitchen appliances, the adoption of digital visualization, the rise of remote monitoring, the use of customization software, and the exploration of innovative materials.
The modular kitchen market is experiencing significant growth, largely propelled by the rapid expansion of the residential construction industry. The surge in real estate projects and the escalating demand for homes with space-saving features contribute to the flourishing modular kitchen market. Notably, the US construction industry is projected to grow by 8.7% from 2020 to 2025. Additionally, data from the US Census Bureau and the Department of Housing and Urban Development in December 2021 revealed 1,873,000 granted building permits and 1,295,000 housing completions. This robust growth in the residential construction sector is a key driver for the modular kitchen market.
The ongoing trend of urbanization is expected to bolster the modular kitchen market. The increasing need for infrastructure development in urban areas correlates with a rising demand for modular kitchens. These kitchens, designed for optimal space utilization and functionality, are well-suited for urban homes where space is often a premium. With customizable and flexible designs, modular kitchens offer an ideal solution for homeowners in urban settings. Notably, global urban population data from September 2021, as per the United Nations Department of Economic and Social Affairs, indicates that 4.46 billion people lived in urban areas in 2021, a number projected to reach 6.68 billion by 2050. This substantial growth in urbanization, particularly in developing economies, is anticipated to fuel demand for the modular kitchen market.
A key trend in the modular kitchen industry is the incorporation of technological advancements and automation by companies. For example, RTA Outdoor Living introduced a Modular Outdoor Kitchen System (MOKS) in May 2021, allowing customers to choose designs and place pre-assembled outdoor kitchens. This trend involves integrating technology and automation in various aspects, including worktops, chimneys, and emphasizing eco-friendliness, such as anti-bacterial kitchens.
Major players in the modular kitchen market are adopting strategic collaborations to streamline launches, improve cost efficiency compared to traditional methods, minimize environmental impact, and enhance profitability. A notable example is the collaboration between Picnic Works, a Seattle-based kitchen automation technology developer, and ContekPro, a Portland-based modular kitchen manufacturer. This partnership combines the strengths of both companies to create factory-built pizza kitchens for commercial foodservice providers.
In November 2021, The TTK Prestige Company, an India-based manufacturer of kitchen appliances and cookware under the Prestige brand, acquired a 51% stake in Ultrafresh Modular Solutions (UMSL) for $4 million. This strategic move allows TTK Prestige to leverage Ultrafresh's extensive network, with 85 franchise outlets across India, to expand the reach of Prestige products in new households. Ultrafresh Modular Solutions (UMSL) is an Indian-based company specializing in modular kitchens and kitchen appliances, established in 1992.
Major companies operating in the modular kitchen market include Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries Ltd., Häcker Küchen GmbH & Co. KG, Lineadecor USA LLC, Snaidero Rino S.p.a, Bulthaup UK Ltd., Boston Cabinets Inc., Pedini SPA, SieMatic USA, Spacewood Pvt. Ltd., V3 Engineers Pvt. Ltd., Timbor Home Ltd., Godrej and Boyce Mfg, Lispo Total Kitchen Solution, Meine Kuche India Pvt. Ltd., OPPEIN Home Group Inc., IKEA Systems B.V., KraftMaid Services India Private Limited, MasterBrand Cabinets Inc., Cliqstudios Cabinets Technologies Private Limited, Arclinea SPA, Merillat Industries LLC, Wood-Mode LLC., Regalo Kitchens Private Limited, Sleek World International Ltd., Häfele India Pvt. Ltd., Urban Ladder, Livspace Pte Ltd., Nobia AB, Scavolini SPA, Poggenpohl Manufacturing GmbH, Boffi SPA
Europe was the largest region in the modular kitchen market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular kitchen analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the modular kitchen market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The modular kitchen market consists of sales of kitchen spaces, cabinets and storage spaces. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Modular Kitchen Market Characteristics3. Modular Kitchen Market Trends And Strategies31. Global Modular Kitchen Market Competitive Benchmarking32. Global Modular Kitchen Market Competitive Dashboard33. Key Mergers And Acquisitions In The Modular Kitchen Market
4. Modular Kitchen Market - Macro Economic Scenario
5. Global Modular Kitchen Market Size and Growth
6. Modular Kitchen Market Segmentation
7. Modular Kitchen Market Regional And Country Analysis
8. Asia-Pacific Modular Kitchen Market
9. China Modular Kitchen Market
10. India Modular Kitchen Market
11. Japan Modular Kitchen Market
12. Australia Modular Kitchen Market
13. Indonesia Modular Kitchen Market
14. South Korea Modular Kitchen Market
15. Western Europe Modular Kitchen Market
16. UK Modular Kitchen Market
17. Germany Modular Kitchen Market
18. France Modular Kitchen Market
19. Italy Modular Kitchen Market
20. Spain Modular Kitchen Market
21. Eastern Europe Modular Kitchen Market
22. Russia Modular Kitchen Market
23. North America Modular Kitchen Market
24. USA Modular Kitchen Market
25. Canada Modular Kitchen Market
26. South America Modular Kitchen Market
27. Brazil Modular Kitchen Market
28. Middle East Modular Kitchen Market
29. Africa Modular Kitchen Market
30. Modular Kitchen Market Competitive Landscape And Company Profiles
34. Modular Kitchen Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Modular Kitchen Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on modular kitchen market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for modular kitchen? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Design: L-Shape; U-Shape; Parallel; Straight; Island 2) By Product: Floor Cabinet; Wall Cabinet; Tall Storage
- Companies Mentioned: Nobilia GB Ltd.; Hafele GmbH & Co KG; Hettich Group; IFB Industries Ltd.; Häcker Küchen GmbH & Co. KG
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nobilia GB Ltd.
- Hafele GmbH & Co KG
- Hettich Group
- IFB Industries Ltd.
- Häcker Küchen GmbH & Co. KG
- Lineadecor USA LLC
- Snaidero Rino S.p.a
- Bulthaup UK Ltd.
- Boston Cabinets Inc.
- Pedini SPA
- SieMatic USA
- Spacewood Pvt. Ltd.
- V3 Engineers Pvt. Ltd.
- Timbor Home Ltd.
- Godrej and Boyce Mfg
- Lispo Total Kitchen Solution
- Meine Kuche India Pvt. Ltd.
- OPPEIN Home Group Inc.
- IKEA Systems B.V.
- KraftMaid Services India Private Limited
- MasterBrand Cabinets Inc.
- Cliqstudios Cabinets Technologies Private Limited
- Arclinea SPA
- Merillat Industries LLC
- Wood-Mode LLC.
- Regalo Kitchens Private Limited
- Sleek World International Ltd.
- Häfele India Pvt. Ltd.
- Urban Ladder
- Livspace Pte Ltd.
- Nobia AB
- Scavolini SPA
- Poggenpohl Manufacturing GmbH
- Boffi SPA
Methodology
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