Press release
Residential Building Boom Fuels Surge In Kitchen Cabinet Market Growth: A Key Catalyst Accelerating Kitchen Cabinet Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Kitchen Cabinet Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The kitchen cabinet market has grown strongly in recent years. It is projected to expand from $165.36 billion in 2024 to $177.68 billion in 2025, at a CAGR of 7.4%. Factors included housing growth, traditional styles, economic stability, preferred materials, customization limits, and functional needs.
Kitchen Cabinet Market Size Forecast: What's the Projected Valuation by 2029?
Significant expansion is anticipated in the kitchen cabinet market in the forthcoming years. It is projected to reach $236.01 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 7.4%. This expansion during the forecast period is attributed to factors such as modern design inclinations, renovation and remodeling trends, personalization and customization, improvements in materials, along with smart kitchen integrations. The forecast period will also witness prominent trends such as digitalization and e-commerce, smart and comprehensive solutions, use of sustainable materials and eco-friendly designs, modular and customizable designs, trends in color and design, plus online purchasing and virtual displays.
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What Are the Drivers Transforming the Kitchen Cabinet Market?
The surge in the construction of residential buildings is anticipated to fuel the expansion of the kitchen cabinet market. Residential buildings, which include all structures intended for private use, whether for a lengthy or temporary duration, are equipped with the necessary facilities and utilities to cater to individual or family needs. In these buildings, kitchen cabinets are a common necessity for storing a variety of items, from cooking equipment and cookbooks to baking and cooking supplies. The recent data published in March 2023 by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reveals that the rate of privately owned home completions was at a seasonally adjusted annual rate of 1,557,00 in February. This represents a 12.2% (±15.0%) increase compared to the revised January estimate of 1,388,000 and a 12.8% (±16.2%) increase from the February 2022 figure of 1,380,000. Consequently, the exponential rise in the construction of residential buildings is propelling the growth of the kitchen cabinet market.
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What Long-Term Trends Will Define the Future of the Kitchen Cabinet Market?
The rise of technological advancements is a notable trend emerging within the kitchen cabinet market. Businesses within this sector are utilizing these new technologies in order to maintain their market standing. As an example, in May 2022, Hafele Ltd., a British company specializing in the manufacture and distribution of innovative furniture fixtures, announced the integration of Matrix drawer and runner system technology in their kitchen cabinets. This high-quality drawer system incorporates cutting-edge technology that enhances mobility and adds additional functionality and style to the cabinet. The selection offers a sleek, compact drawer system and a high-end double-walled box system named Matrix Box Premium.
Which Segments in the Kitchen Cabinet Market Offer the Most Profit Potential?
The kitchen cabinet market covered in this report is segmented -
1) By Type: Ready To Assemble (RTA), Stock Kitchen Cabinets, Semi Custom Kitchen Cabinets, Custom Kitchen Cabinets
2) By Raw Material: Wood, Metal, Other Raw Materials
3) By Distribution Channel: Retail, Online, Other Distribution Channels
4) By Application: Home, Restaurants, Other Applications
Subsegments:
1) By Ready To Assemble (RTA): Flat-Pack Cabinets, DIY Assembly Cabinets
2) By Stock Kitchen Cabinets: Standard Size Cabinets, Pre-Designed Cabinet Styles
3) By Semi-Custom Kitchen Cabinets: Adjustable Sizes And Configurations, Limited Design Options
4) By Custom Kitchen Cabinets: Tailor-Made Cabinets, Unique Designs And Features
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Which Firms Dominate the Kitchen Cabinet Market by Market Share and Revenue in 2025?
Major companies operating in the kitchen cabinet market include IKEA AB, Masco Corp, Leggett & Platt Incorporated, Cabot Companies Inc., Oppein Home Products Inc., Master Brand Cabinets Inc., Takara Standard Co Ltd., American Woodmark Corporation, Nobilia Küchen GmbH, Hanssem Co Ltd., ZBOM Holding Group Co Ltd., Cabinetwork Group Inc., GoldenHome Living Co Ltd., Wood-Mode LLC, Wellborn Cabinet Inc., Bulthaup GmbH & Co KG, Leicht Kitchen AG, Fabuwood Cabinetry, Bellmont Cabinet Co, KraftMaid Cabinetry, Master Wood Craft Cabinetry LLC, Canyon Creek Cabinet Company, Poggenpohl Küchen GmbH & Co KG, JPD Kitchen Depod Inc., AC Products Inc., LIXIL Group Corporation, Fine Kitchen Cabinet, SieMatic Möbelwerke GmbH & Co KG
Which Regions Offer the Highest Growth Potential in the Kitchen Cabinet Market?
Asia-Pacific was the largest region in the kitchen cabinet market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global kitchen cabinet market report during the forecast period. The regions covered in the kitchen cabinet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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