Ranchi News Desk

Modular Kitchen Market, Global Analysis, By Distribution Channels, Design, Products, Region, Company

 Breaking News
  • No posts were found

Modular Kitchen Market, Global Analysis, By Distribution Channels, Design, Products, Region, Company

April 24
13:10 2020
Modular Kitchen Market, Global Analysis, By Distribution Channels, Design, Products, Region, Company

The Modular Kitchen Market is expected to reach US$ 28.54 Billion by 2025.
Modular Kitchen Market, Global Analysis, By Distribution Channels (Online, Offline), Design (L-Shape, U-Shape, Parallel, Straight, Island), Products (Floor Cabinet, Wall Cabinet, Tall Storage) Region (North America, Europe, Asia and Rest of World) Company (Nobilia GB Ltd, Häfele GmbH & Co KG, Hettich Group, Nobia AB,IFB Industries) Porter’s Five Forces.

The kitchen has evolved from a closed room to the most open and highly accessible space in the house and used to store all the utensils, electronics, food, spices, and other essential resources and provide easy accessibility. A modular kitchen also provides the customers with versatility, as they can quickly be assembled and detached. The modular kitchen market is developed rapidly in the global, and more and more people wanted to own a modular kitchen in their houses.

 

 

Modular kitchen referred to as modern design made from various materials such as wood, high-pressure laminate, melamine, etc. The modular kitchen has a different design, layout, size, and made especially custom-designed, and customers can choose their preferences according to the requirements and budget. The modular kitchen market is expected to reach US$ 28.54 Billion by 2025.

 

Global modular kitchen market is driven by growth in the middle-class population, rising demand for premiumization, declining household square feet size, increasing demand for space-saving, the rapid growth of residential construction industry project, surging number of partnerships between real estate’s project developers and modular kitchen manufacturers. The online distribution channel is also one of the major growth factors of the modular kitchen globally.

 

Across the globe, people are shifting on online marketing and shopping, with the growing internet user base. The online distribution channels have a platform where the people can see and buy kitchen accessories and design as per their choice, need and budget.

 

Besides, increasing the purchasing power of consumers from developed and developing nations, including the United States, India, Europe, China, Thailand, and Brazil, is expected to drive the modular kitchen market. However, the rapid rise in the number of nuclear families on a global level anticipated encouraging the installation of a new modular kitchen. The L- shape and parallel shape design is a popular kitchen design globally, including straight. In recent times, among most of the designs, most popular were wall-cabinet and tall storages cabinet. This type of design used in both small and large space houses.

 

The growing day by day global population is propelling the food industry as well construction industry. The people want convenient food cooking facilities and home appliances products and technology with size, style, and design. The global people income level and improving living standard is the significant factor of propelling the modular kitchen market.

 

Across the globe, the manufacturers and vendors are introducing eco-friendly variants that employ green materials such as recycled plastic granules and acrylic stone. In this report, we have covered some of the vendors and manufacturers are Nobilia GB Ltd, Häfele GmbH & Co KG, Hettich Group, Nobia AB, IFB Industries.

 

Renub Research report titled “Modular Kitchen Market, Global Analysis, By Distribution Channels (Online, Offline), Design (L-Shape, U-Shape, Parallel, Straight, Island), Products (Floor Cabinet, Wall Cabinet, Tall Storage) Region (North America, Europe, Asia and Rest of World) Company (Nobilia GB Ltd, Häfele GmbH & Co KG, Hettich Group, Nobia AB,IFB Industries) Porter’s Five Forces” provides a complete analysis of global modular kitchen market.

 

Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=modular-kitchen-market-p.php

 

By Distribution Channels – Offline channel holds a significant market in the global modular kitchen market

The report studies the market of online and offline distribution of modular kitchen market. The offline channel holds a significant market in the global modular kitchen market and is expected to dominate the market over the projection years.

 

By Design – Island is expected to grow at highest CAGR in the global modular kitchen market

The report studies the market of the following market by design: L-Shape, U-Shape, Parallel, Straight, Island. L-Shape and U-Shape are expected to hold a maximum market share.

 

By Products – Floor Cabinet and Wall Cabinet together account for the majority of market share in the global modular kitchen market

Based on products, the market is segmented into Floor Cabinet, Wall Cabinet, Tall Storage. Floor Cabinet and Wall Cabinet together account for the majority of market share in the global modular kitchen market.

 

Renub Research Infographic Zone: https://renubresearchinfographiczone.blogspot.com/

 

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.

 

Browse Related Reports:

Europe Air Conditioning Market

Europe Vending Machine Market

 

By Distribution Channels – Global Modular Kitchen Market

    •    Online
    •    Offline

By Design – Global Modular Kitchen Market

    •    L-Shape
    •    U-Shape
    •    Parallel
    •    Straight
    •    Island

By Products – Global Modular Kitchen Market

    •    Floor Cabinet
    •    Wall Cabinet
    •    Tall Storage

By Regions – Global Modular Kitchen Market

    •    North America
    •    Asia
    •    Europe
    •    Rest of the World

Company Analysis in this report

    •    Nobilia GB Ltd
    •    Häfele GmbH & Co KG
    •    Hettich Group
    •    Nobia AB
    •    IFB Industries

 

About Us:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys, and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Media Contact
Company Name: Renub Research
Contact Person: Rajat Gupta
Email: Send Email
Phone: 16783020700
Address:225 Kristie Ln
City: Roswell
State: GA
Country: United States
Website: www.renub.com/consumer-goods-and-retail-27-c.php