Press release
Modular Kitchen Market Report 2023-2032: Market Size, Share Analysis And Industry Trends | Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries, Häcker Küchen GmbH & Co. KG
Modular Kitchen Market
The Business Research Company's Modular Kitchen Global Market Report 2023 identifies rapid growth in the residential construction industry as the major driver for the Modular Kitchen market's growth in the forecast period. The growing number of real estate projects and the increase in demand for space-saving homes are helping the modular kitchen market grow. For instance, the US construction industry is estimated to grow by 8.7% between 2020-2025.
The global modular kitchen market size grew from $22.17 billion in 2022 to $23.04 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The modular kitchen market size is expected to grow to $27.34 billion in 2027 at a CAGR of 4.4%.
Download Free Sample Of Modular Kitchen Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6000&type=smp
Major competitors in the Modular Kitchen market are Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries, Häcker Küchen GmbH & Co. KG.
A key trend in the Modular Kitchen market includes technological advancement. For instance, in May 2021, RTA Outdoor Living introduced a new modular outdoor kitchen system (MOKS) that allows customers to choose designs and place ready assembled outdoor kitchen. The other concepts that are being incorporated are the introduction of technology and automation for the worktop, chimney, and other key areas such as eco-friendliness (anti-bacterial kitchens) as a key focus area of the modular kitchen.
Read More On The Global Modular Kitchen Market Report Here:
https://www.thebusinessresearchcompany.com/report/modular-kitchen-global-market-report
The Modular Kitchen market is segmented -
1. By Design: L-Shape, U-Shape, Parallel, Straight, Island
2. By Product: Floor Cabinet, Wall Cabinet, Tall Storage
3. By Raw Material: Lacquered Wood, Wood Sheets and Melamine, Metals, High-Pressure Laminates, Other Raw Materials (Glass, Acrylic)
4. By Distribution Channel: Offline (Contractors, Builders), Online
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Modular Kitchen market.
The Business Research Company's "Global Modular Kitchen Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Modular Kitchen Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6000
The Table Of Content For The Modular Kitchen Market Include:
1. Executive Summary
2. Modular Kitchen Market Characteristics
3. Modular Kitchen Market Trends And Strategies
4. Modular Kitchen Market - Macro Economic Scenario
5. Modular Kitchen Market Size And Growth
……
26. Africa Modular Kitchen Market
27. Modular Kitchen Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Modular Kitchen Market
29. Modular Kitchen Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
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 Modular Kitchen Market Report 2023-2032: Market Size, Share Analysis And Industry Trends | Nobilia GB Ltd., Hafele GmbH & Co KG, Hettich Group, IFB Industries, Häcker Küchen GmbH & Co. KG here
News-ID: 3176423 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
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…
