Press release
Outdoor Kitchen Cabinets Market Set to Expand at a Staggering 5.8% CAGR, Reaching $5.1 Billion by 2030
According to the report published by Allied Market Research, the global outdoor kitchen cabinets market generated$2.9 billion in 2020, and is projected to reach $5.1 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.alliedmarketresearch.com/request-sample/A06575
Increase in expenditure on luxury lifestyle among people, rise in the adoption of outdoor living spaces, rapid urbanization, and improvement in the standard of living among people are expected to drive the growth of the global outdoor kitchen cabinets market. On the other hand, extortionate cost of outdoor kitchen setup is expected to hinder the growth to some extent. However, surge in the number of outdoor living projects in various homes are expected to create ample opportunities for the growth of the industry.
According to the outdoor kitchen cabinets market analysis, the market is segmented on the basis of type, amenity, material, end user, marketing channel, and region. On the basis of type, the market is categorized into base cabinets, appliance cabinets, wall cabinets, specialty cabinets, grill cabinets and others. On the basis of amenity, the market is segmented into, cooking, cooling/bartending, countertops and others. By material, the market is categorized into polymer, stainless steel, wood, masonry and others. On the basis of end user, the market is bifurcated into, residential and commercial. By marketing channel, the market is classified into ecommerce, contractors and mass merchandisers. Region wise, it is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
On the basis of type, the base cabinets segment was the highest contributor to the market, with $738.3 million in 2020, and is estimated to reach $1,249.0 million by 2030, at a CAGR of 5.2% during the forecast period. Base cabinets are the foundation of the outdoor kitchen with large storage capacity. Growing demand for elegant and well-designed base cabinets with high storage capacity are expected to boost the demand for outdoor kitchen cabinets market through base cabinets segment.
According to the outdoor kitchen cabinets market trends, on the basis of amenity, the cooking segment has the highest share in global outdoor kitchen cabinets market and is expected to sustain its share during the forecast period. The importance and utility of cabinets can be viewed through cooking amenity as various cooking appliances including microwave oven, coffee maker, grilling appliances can be mounted on and below cabinets. Outdoor cabinets are also designed to fit with any cooking appliances and manufacturers reserve space to provide such features.
๐ ๐๐๐๐ ๐๐๐๐ (๐๐ข๐ฅ๐ฅ ๐๐๐ญ๐ก ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐) ๐๐ฎ๐ฒ ๐๐จ๐ฐ & ๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ก๐๐๐ค๐จ๐ฎ๐ญ ๐ฅ๐ข๐ง๐ค @https://www.alliedmarketresearch.com/checkout-final/96233c9e5dfddb73c19f047cd109163e
On the basis of material, the stainless steel segment was the highest contributor to the market, with $952.0 million in 2020, and is estimated to reach $1,531.1 million by 2030, at a CAGR of 4.6% during the forecast period. People majorly prefer stainless steel based cabinets for their outdoor kitchen, owing to various benefits associated such as non-corrective, high durability, resilient to any weather and climatic conditions, add elegance and aesthetic value to kitchen space and require low maintenance cost. Furthermore, optionally, it can give a realistic look of wood, if it is coated with powder finishes.
Players operating in the global outdoor kitchen cabinets industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include American Outdoor Cabinets, Bull Outdoor Products, Inc., Cabinetworks Group, Danver Stainless Outdoor Kitchens, Electrolux AB, Grillnetics, LLC, Middleby Corporation, NatureKast Products Inc., NewAge Products Inc. and Outdoor Kitchen Cabinets & More.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
> This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the outdoor kitchen cabinets market analysis from 2020 to 2030 to identify the prevailing outdoor kitchen cabinets market opportunities.
> The market research is offered along with information related to key drivers, restraints, and opportunities.
> Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
> In-depth analysis of the outdoor kitchen cabinets market segmentation assists to determine the prevailing market opportunities.
> Major countries in each region are mapped according to their revenue contribution to the global market.
> Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
> The report includes the analysis of the regional as well as global outdoor kitchen cabinets market trends, key players, market segments, application areas, and market growth strategies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.alliedmarketresearch.com/purchase-enquiry/A06575
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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