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Kitchen Cabinets Market Size, Share, Growth, Forecast Report 2024-2032

11-12-2024 07:06 AM CET | Consumer Goods & Retail

Press release from: Fortune Business Insights

Kitchen Cabinets Market

Kitchen Cabinets Market

The global kitchen cabinets market size was valued at USD 94.32 billion in 2023 and is expected to be worth USD 100.79 billion in 2024. The market is projected to reach USD 183.53 billion by 2032, recording a CAGR of 7.78% during the forecast period.

Kitchen cabinets or kitchen cupboards, refer to boxes used for storing kitchen accessories, such as dishes, cooking vessels, and glasses. Customers are increasingly seeking homes that come with modern kitchen designs. This factor is expected to fuel the demand for kitchen cupboards with innovative features.

The COVID-19 pandemic impeded the market's growth as it experienced supply chain disruptions, which caused a temporary shortage in the supply of raw materials and delays in product launches.

Fortune Business Insightsโ„ข displays this information in a report titled, "Kitchen Cabinets Market, 2024-2032."

๐†๐ž๐ญ ๐€ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/kitchen-cabinets-market-109890

๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐Œ๐ž๐ง๐ญ๐ข๐จ๐ง๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Š๐ข๐ญ๐œ๐ก๐ž๐ง ๐‚๐š๐›๐ข๐ง๐ž๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ฃ Master Brand, Inc. (U.S.)
โ€ฃ Inter IKEA Systems B.V. (Netherlands)
โ€ฃ Oppein Home Group Inc. (China)
โ€ฃ Nobia AB (Sweden)
โ€ฃ Takara Standard Co., Ltd. (Japan)
โ€ฃ Howden Joinery Group Plc (U.K.)
โ€ฃ Hacker (Germany)
โ€ฃ Cleanup Corporation (Japan)
โ€ฃ LIXIL Corporation (Japan)
โ€ฃ nobilia-Werke J. Stickling GmbH & Co. KG. (Germany)
โ€ฃ ZBOM Home (China)
โ€ฃ Hafele (Germany)
โ€ฃ Boffi SpA (Italy)
โ€ฃ Molteni & C S.p.A (DADA) (Italy)
โ€ฃ SieMatic Mรถbelwerke GmbH & Co. KG (Germany)
โ€ฃ Advanced Cabinets Corp (U.S.)
โ€ฃ Cabinet Craft (U.S.)
โ€ฃ American Cabinet Corporation (U.S.)
โ€ฃ Boloni International (China)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง: ๐Š๐ข๐ญ๐œ๐ก๐ž๐ง ๐‚๐š๐›๐ข๐ง๐ž๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
Sustainability Benefits Offered by Wooden Cabinets to Boost Their Demand

Based on material, the global market is segmented into wood, plastic, metal, glass, and others. The wood segment is predicted to capture the largest kitchen cabinets market share during the forecast period as customers are seeking sustainable kitchen accessories to reduce their overall carbon footprint.

Stock Kitchen Cabinets' Inexpensive Pricing Places it at the Apex Position

Based on category, the market is divided into stock kitchen cabinets, semi-custom kitchen cabinets, and custom kitchen cabinets. In 2023, the stock kitchen cabinet segment dominated the market as Home Depot, Ikea, and Lowe's offer these items at economical rates.

Cost-Effectiveness of Shaker Cabinets to Bolster Their Adoption

Based on style, the market is segmented into beaded kitchen cabinets, shaker kitchen cabinets, flat panel kitchen cabinets, wall kitchen cabinets, base kitchen cabinets, tall-standing kitchen cabinets, and others. The shaker kitchen cabinets segment might hold a dominant market position as these cabinets are more affordable than their counterparts.

Increasing Disposable Income Fueled Product Use in Residential Spaces

Based on application, the global market is categorized into commercial and residential. The residential segment held the major market share in 2023 as customers in various countries are witnessing a notable increase in their disposable, incomes, encouraging them to invest in high-end kitchen components.

With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

๐€๐ฌ๐ค ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/kitchen-cabinets-market-109890

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž:
The report includes:
โ€ฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โ€ฃ Comprehensive insights into regional developments.
โ€ฃ List of major industry players.
โ€ฃ Key strategies adopted by the market players.
โ€ฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ
Increasing Need for Advanced Kitchen Appliances to Boost Market Expansion

Customers across the world are witnessing a strong rise in their overall disposable incomes, which has prompted them to purchase luxurious apartments that are equipped with modern appliances. This factor has prompted manufacturers to design cabinets that can be integrated with appliances, such as toasters and mixers. This factor is expected to fuel the kitchen cabinets market growth.

However, governments are imposing anti-dumping tariffs, which can increase the price of these cabinets, thereby restricting their sales.

๐†๐ž๐ญ ๐š ๐๐ฎ๐จ๐ญ๐ž ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/kitchen-cabinets-market-109890

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Rising Sales of Commercial and Residential Properties Helped Asia Pacific Dominate Global Market

Asia Pacific dominated the global market in 2023 Japan, India, Australia, and China are witnessing a strong growth in the development and sales of commercial and residential properties to cater to the needs of large-scale urbanization.

North America is also offering lucrative opportunities for this market to grow as the number of home renovation and kitchen remodeling projects are rising across the region.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž
Key Market Players to Launch New Products to Expand Their Customer Base

Some of the leading market players are focusing on launching new designs of kitchen wardrobes that are equipped with innovative features. They are also opening new stores in various regions across the world to expand their customer base and increase their global presence.

๐‘๐ž๐š๐ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Furniture Market
https://www.fortunebusinessinsights.com/furniture-market-106357

Luxury Furniture Market
https://www.fortunebusinessinsights.com/luxury-furniture-market-107326

Kitchen Appliances Market
https://www.fortunebusinessinsights.com/kitchen-appliances-market-104504

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ:
December 2022: German Kitchen Center, a U.S.-based retailer selling European kitchen closets, unveiled its 2024 Leicht Kitchen Catalogs which include modern designs for kitchen cupboards.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€:
Fortune Business Insightsโ„ข Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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