openPR Logo
Press release

At CAGR of 4.32%, Modular Kitchen Market to Reach US$ 46.2 Billion by 2027

11-28-2022 09:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Modular Kitchen Market

Modular Kitchen Market

The latest report by IMARC Group, titled "Modular Kitchen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", finds that The global modular kitchen market size reached a value of US$ 34.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 46.2 Billion by 2027, exhibiting at a CAGR of 4.32% during 2022-2027.

Modular kitchen refers to a modern furniture layout which facilitates effective usage of space in a kitchen through the usage of modular cabinets. They use the available space to store and provide easy accessibility to all the utensils, electronics, groceries, spices and other necessary commodities. Modular kitchens also offer flexibility to the consumers as they can be easily assembled and dismantled. In recent times, due to decreasing household sizes, there has been a huge demand for organized facilities and modular kitchens which focus majorly on space utilization, convenience and utility value.

Request Free Sample Report: https://www.imarcgroup.com/modular-kitchen-market/requestsample

Competitive Landscape:

The competitive landscape of the market has also been analyzed. Some of the leading players operating in the market are:

• Hafele
• Lineadecor
• Nobia
• Pedini
• Snaidero

Global Modular Kitchen Market Trends:

With the increasing population and growing urban property rates, residential units have become more compact in size. Owing to this, the users are opting for modular kitchens so as to enhance their convenience and manage the space optimally. Apart from this, due to the inflating income levels and improving standards of living, there has been a significant rise in construction and renovation activities. Moreover, the manufacturers are focusing on customized kitchens which are designed and customized according to the individual needs and requirements of the consumers. For instance, in India, the manufacturers are offering products with special spice racks and trolleys for grains. Similarly, in Japan the manufacturers have come up with innovative space saving kitchens for small areas which conceal a unit composed of sink, counters and stoves. In addition, these vendors are introducing eco-friendly variants which employ green materials such as recycled plastic granules and acrylic stone.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/modular-kitchen-market

Key Market Segmentation:

Breakup by Product Type:

• Floor Cabinet
• Wall Cabinet
• Tall Storage

Breakup by Design:

• L-Shape
• U-Shape
• Parallel
• Straight
• Island
• Peninsula

Breakup by Material Used:

• Lacquer Wood
• High Pressure Laminates
• Wood Veneers
• Melamine
• Metal
• Others (Glass, Acrylic, etc.)

Breakup by Distribution Channel:

• Online
• Offline

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Contact us:

IMARC Group

30 N Gould St, Ste R

Sheridan, WY (Wyoming) 82801 USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release At CAGR of 4.32%, Modular Kitchen Market to Reach US$ 46.2 Billion by 2027 here

News-ID: 2823442 • Views:

More Releases from IMARC Group

GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: 5.3%
GCC Pet Food Market Size is Expected to Reach USD 422.9 Million By 2033 | CAGR: …
GCC Pet Food Market Overview Market Size in 2024: USD 266.2 Million Market Size in 2033: USD 422.9 Million Market Growth Rate 2025-2033: 5.3% According to IMARC Group's latest research publication, "GCC Pet Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC pet food market size was valued at USD 266.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 422.9 Million by 2033, exhibiting a
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | With a 7.50% CAGR
GCC Residential Real Estate Market Size to Worth USD 147.77 Billion by 2033 | Wi …
GCC Residential Real Estate Market Overview Market Size in 2024: USD 73.31 Billion Market Size in 2033: USD 147.77 Billion Market Growth Rate 2025-2033: 7.50% According to IMARC Group's latest research publication, "GCC Residential Real Estate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", the GCC residential real estate market size was valued at USD 73.31 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 147.77 Billion by
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAGR
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG …
GCC Drones Market Overview Market Size in 2024: USD 588.2 Million Market Size in 2033: USD 2,005.3 Million Market Growth Rate 2025-2033: 13.3% According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate of
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview: The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for Modular

Prominent Modular Kitchen Market Trend for 2025: Advancements In Modular Kitchen …
What industry-specific factors are fueling the growth of the modular kitchen market? The significant surge in the residential construction industry has a considerable impact on the expansion of the modular kitchen market. The rising number of property projects and the escalating demand for compact homes are boosting the growth of the modular kitchen market. For instance, the Office for National Statistics, a UK government agency, reported in November 2023 that the
Multifamily Modular Construction Market Demand Makes Room for New Growth Story: …
Latest Study on Industrial Growth of Global Multifamily Modular Construction Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Multifamily Modular Construction market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the
Modular Systems Installation Services Market Implications for Biotechnology 2023 …
Modular Systems Installation Services Market Research Report Provides the Newest Industry Data and Industry Future Trends, allowing you to Identify the Products and End Users Driving Revenue Growth and Profitability. The Modular Systems Installation Services Market is expected to reach USD 139.03 billion by 2029, up from 82.3 billion in 2022, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Modular systems installation services refer to the
Multifamily Modular Construction Market by Manufacturers: Guerdon Modular Buildi …
Multifamily Modular Construction Market research report includes the competitive landscape that involves leading companies and adopting strategies to introduce new products, announce partnerships, and collaborate to contribute to market growth. Moreover, the report elaborates on numerous customers' journeys related to this industry, regions, and segments. The Multifamily Modular Construction Market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. Request a Free PDF
Multifamily Modular Construction market: Analysts Predict Market to Reach New He …
" The global Multifamily Modular Construction Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Multifamily Modular Construction Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of
Multifamily Modular Construction Market 2020-2026 | In Depth Analysis with Top K …
The research report on the Multifamily Modular Construction Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have