Quick Summary:
In the rapidly evolving realm of the Global Modular Kitchen Market, predicted to expand to $49.1 billion by 2030, staying informed is essential for strategic decision-making and maintaining a competitive edge. Our comprehensive market research report lays bare the complex dynamics of this market, including a deep analysis of growth factors, trends, and key motivation points for the rising consumer demand.
Our report not only provides an overview of current performance and projections, but also presents a segmented analysis. We offer insights into unique trends and opportunities related to the Floor Cabinets and Wall Cabinets segments, and highlight the performance of significant geographic markets including the U.S., China, Japan, Canada, and Germany. The report also includes a comparative analysis of select competitors such as Canyon Creek Cabinet Company, Inter IKEA Systems BV, JPD Kitchen Depot, Masco Corporation, and Shenandoah Cabinetry. Extending far beyond raw data, this market research report offers crucial insights for aligning your corporate strategy to the present and future trajectory of the Modular Kitchen Market.
Global Modular Kitchen Market to Reach $49.1 Billion by 2030
The global market for Modular Kitchen estimated at US$25.1 Billion in the year 2022, is projected to reach a revised size of US$49.1 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. Floor Cabinets, one of the segments analyzed in the report, is projected to record 9.2% CAGR and reach US$23 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wall Cabinets segment is readjusted to a revised 7.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $6.8 Billion, While China is Forecast to Grow at 12.8% CAGR
The Modular Kitchen market in the U.S. is estimated at US$6.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 7.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.Select Competitors (Total 51 Featured) -
- Canyon Creek Cabinet Company
- Inter IKEA Systems BV
- JPD Kitchen Depot
- Masco Corporation
- Shenandoah Cabinetry
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Modular Kitchen?
What is the growth rate of the Global Market for Modular Kitchen?
What is the forecasted size of the Global Market for Modular Kitchen?
Who are the key companies in the Global Market for Modular Kitchen?
| Report Attribute | Details |
|---|---|
| No. of Pages | 288 |
| Published | November 2023 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 23.2 Billion |
| Forecasted Market Value ( USD | $ 38.4 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Canyon Creek Cabinet Company
- Inter Ikea Systems Bv
- Jpd Kitchen Depot
- Masco Corporation
- Shenandoah Cabinetry
