Press release
Prominent Modular Kitchen Market Trend for 2025: Advancements In Modular Kitchen Solutions
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 value of new construction work in Great Britain in 2022 saw a 15.8% increase, hitting a record peak of $173.8 million. This surge was fuelled by both private sector work worth $18.4 million, and public sector work valued at $5.3 million. Consequently, the speedy enlargement of the residential construction industry is influencing the expansion of the modular kitchen market.
Get Your Modular Kitchen Market Report Here:
https://www.thebusinessresearchcompany.com/report/modular-kitchen-global-market-report
What Is the projected market size and growth rate for the modular kitchen market?
In recent times, there's been a consistent increase in the size of the modular kitchen market. It's projected to escalate from a total worth of $23.43 billion in 2024 to reach $24.19 billion by 2025, with a compound annual growth rate (CAGR) of 3.2%. Factors contributing to this growth during the historical period include shifting lifestyles, increased urbanization, a trend towards customization, the simplicity of installation, and heightened environmental consciousness.
Expectations are high for substantial expansion in the modular kitchen market size over the next few years. With a compound annual growth rate (CAGR) of 5.6%, it is forecasted to grow to $30.07 billion by 2029. This expansion throughout the forecast period could be linked with factors such as health and hygiene, multifunctionality, modular furniture, and the trend of kitchens being used as social spaces, along with consumer convenience. The forecast period is also expected to see major trends like the advent of smart kitchen appliances, digital visualization, remote monitoring, customization software, and innovative materials.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6000&type=smp
What new trends are reshaping the modular kitchen market and its opportunities?
Premier businesses in the modular kitchen market are creating technologically superior products like luxury kitchen varieties in response to the changing tastes of consumers desiring both utility and elegance in their kitchens. The term "luxury kitchen range" typically alludes to premium kitchen ideas which prioritize quality, style, and functionality. For instance, in November 2022, an Indian tech firm, Panasonic Life Solutions introduced the I-Class Modular Kitchen collection. The I-Class Kitchen collection provides an all-in-one solution for homeowners aiming to add a personal touch to their kitchens, marrying top-notch Japanese technology with Indian manufacturing proficiency. This collection brings together superior-quality materials procured from all over India and the latest technology from Japan, providing highly adjustable features such as 100% smart storage for optimal utilization of space, positioning it as the perfect choice for those desiring reasonable luxury in Indian homes.
What major market segments define the scope and growth of the modular kitchen market?
The modular kitchen market covered in this report 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
Subsegments:
1) By L-Shape: Standard L-Shape, Compact L-Shape
2) By U-Shape: Traditional U-Shape, Open U-Shape
3) By Parallel: Single Parallel, Double Parallel
4) By Straight: One-Wall Straight, Galley Straight
5) By Island: Fixed Island, Movable Island
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6000
Which region dominates the modular kitchen market?
Europe was the largest region in the modular kitchen market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modular kitchen market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the modular kitchen industry growth?
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
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6000&type=smp
What Is Covered In The Modular Kitchen Global Market Report?
•Market Size Forecast: Examine the modular kitchen market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the modular kitchen market for a structured understanding.
•Key Players Overview: Analyze major players in the modular kitchen market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the modular kitchen market.
•Segment Contributions: Evaluate how different segments drive overall growth in the modular kitchen market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the modular kitchen market.
•Industry Challenges: Identify potential risks and obstacles affecting the modular kitchen market.
•Competitive Landscape: Review strategic developments in the modular kitchen market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Prominent Modular Kitchen Market Trend for 2025: Advancements In Modular Kitchen Solutions here
News-ID: 3882157 • Views: …
More Releases from The Business Research Company
Furniture Foam Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Furniture Foam Industry Market Size Be by 2025?
Recent years have seen a significant increase in the furniture foam market, with its size projected to rise from $58.61 billion in 2024 to $62.27 billion in 2025. This represents a compound annual growth rate (CAGR) of 6.2%.…
Awareness About The Importance Of A Healthy Diet Drives The Growth In The Fruit …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Fruit Cultivation Market Through 2025?
The market size for fruit cultivation has seen significant expansion in the recent past. The projection is that it will expand from $5.77 billion in 2024 to reach $6.22 billion in 2025, representing a compound annual growth…
Growth in Food Courts and Malls Drives Food Services And Drinking Places Market: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Food Services And Drinking Places Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for food services and drinking establishments has seen a significant expansion in the recent past. The projections indicate that it will escalate from a worth of $2684.74 billion in…
Future of the Foliar Fertilizer Market: Trends, Innovations, and Key Forecasts T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Foliar Fertilizer Market Size Growth Forecast: What to Expect by 2025?
The market size for foliar fertilizer has experienced robust growth in the past few years. The market, which stood at $11.04 billion in 2024, is projected to increase to $11.74 billion in 2025 with a compound annual growth…
More Releases for Kitchen
Cloud kitchen Market Outlook 2024-2031: Trends and Opportunities/ , Kitchen Unit …
The global Cloud kitchen market is anticipated to grow at a CAGR of 10.2% during the forecast period (2024-2031). The factors that are driving this market are rising demand for online food delivery, increasing number of working professionals and expansion of the food and beverage industry.
In April 2023, Curefoods, multi brand cloud kitchen chain in India, has raised Rs3bn ($36.6m) in a combined equity and debt funding round to expedite…
Self-governing Cloud Kitchen, Commissary/Shared Kitchen, Kitchen Pods are some t …
The ‘Cloud Kitchen Market’ study added by Reports web, exhibits a comprehensive analysis of the growth trends present in the global business scenario. The study further presents conclusive data referring to the commercialization aspects, industry size and profit estimation of the market. The major driver boosting the growth of Cloud Kitchen market is the increasing need among facility managers to minimize day-to-day operational costs of maintaining and managing facilities.
The trends…
Cloud Kitchen Market 2020-2026| Kitchen United, Rebel Foods, DoorDash Kitchen, Z …
Cloud Kitchen Market study by “Reportsweb” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
A cloud kitchen is primarily a restaurant kitchen that accepts incoming orders only through online ordering systems and offers no dine-in facility. Cloud kitchens are also known as dark kitchens, ghost kitchens, virtual…
Cloud Kitchen Market Trends Shows a Rapid Growth by 2027 | Kitchen United, Rebel …
Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens, which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurants or brick-and-mortar restaurant.
The rise of on-demand food delivery is becoming a key trend in the food and beverages industry. Therefore, cloud kitchens represent a crucial element of this process, as…
Cloud Kitchen Market - United, Rebel Foods, DoorDash Kitchen, Zuul Kitchen, Keat …
Cloud kitchens are delivery-only kitchens which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurant or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. Furthermore, rise in utilization of independent cloud kitchens by grocery stores, restaurant brands and multi-branded restaurants have augmented the growth…
Cloud Kitchen Market 2020-2026 - Kitchen United, Rebel Foods (Formerly Faasos), …
Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens, which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurants or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. In addition, the rise of on-demand food delivery is becoming…
