Modular Kitchen Market by Product, Design, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70721
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The modular kitchen market size will grow up to $ 7.88 bn at a CAGR of 6.33% during 2021-2025.

This modular kitchen market analysis report entails exhaustive statistical qualitative and quantitative data on Geography (Europe, North America, APAC, South America, and MEA) and Product (Floor cabinets, Wall cabinets, and Tall storage) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Modular Kitchen Market Size be in 2021?

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Modular Kitchen Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The high demand for convenient and customized kitchens with a wide design variety is notably driving the modular kitchen market growth, although factors such as market fragmentation and challenges from local carpenters may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the modular kitchen market get your FREE report sample now.

This modular kitchen market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Modular Kitchen Market Vendors?

The modular kitchen market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • Boston Cabinets Inc.
  • Hafele GmbH and Co. KG
  • Inter IKEA Holding BV
  • Snaidero Rino Spa
  • Nobia AB
  • Pedini SPA
  • nobilia-Werke J. Stickling GmbH and Co. KG
  • SieMatic Mobelwerke GmbH and Co. KG
  • Hacker Kuchen GmbH and Co. KG
  • Hettich Holding GmbH and Co. oHG

The modular kitchen market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the modular kitchen market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Modular Kitchen Market?

Modular Kitchen Market Share by Geography

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31% of the market’s growth will originate from Europe during the forecast period. US, China, Germany, UK, and Japan are the key markets for modular kitchen market in Europe.

Europe has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Efficient space management and ease in assembling has been identified as one of the chief factors that will drive the modular kitchen market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Geography Segments in the Modular Kitchen Market?

Modular Kitchen Market Share by Geography

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The modular kitchen market share growth by the __ segment has been significant. The modular kitchen market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the modular kitchen market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

Modular Kitchen Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.33%

Market growth 2021-2025

$ 7.88 billion

Market structure

Fragmented

YoY growth (%)

2.67

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 31%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Boston Cabinets Inc., Hafele GmbH and Co. KG, Inter IKEA Holding BV, Snaidero Rino Spa, Nobia AB, Pedini SPA, nobilia-Werke J. Stickling GmbH and Co. KG, SieMatic Mobelwerke GmbH and Co. KG, Hacker Kuchen GmbH and Co. KG, and Hettich Holding GmbH and Co. oHG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Modular Kitchen Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive modular kitchen market growth during the next five years
  • Precise estimation of the modular kitchen market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the modular kitchen market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of modular kitchen market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Floor cabinets - Market size and forecast 2020-2025
    • Wall cabinets - Market size and forecast 2020-2025
    • Tall storage - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Design

    • Market segments
    • Comparison by Design
    • L-shaped - Market size and forecast 2020-2025
    • U-shaped - Market size and forecast 2020-2025
    • Straight kitchen or one-walled - Market size and forecast 2020-2025
    • G-shaped - Market size and forecast 2020-2025
    • Market opportunity by Design

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Boston Cabinets Inc.
      • Hacker Kuchen GmbH and Co. KG
      • Hafele GmbH and Co. KG
      • Hettich Holding GmbH and Co. oHG
      • Inter IKEA Holding BV
      • Nobia AB
      • nobilia-Werke J. Stickling GmbH and Co. KG
      • Pedini SPA
      • SieMatic Mobelwerke GmbH and Co. KG
      • Snaidero Rino Spa

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The modular kitchen market growth will increase by $7884.04 million during 2020-2025.
      The modular kitchen market is expected to grow at a CAGR of 6.33% during 2020-2025.
      Technavio has segmented the modular kitchen market by geographic (Europe, North America, APAC, South America, and MEA).
      Boston Cabinets Inc., Hacker Kuchen GmbH and Co. KG, Hafele GmbH and Co. KG, Hettich Holding GmbH and Co. oHG, Inter IKEA Holding BV, Nobia AB, nobilia-Werke J. Stickling GmbH and Co. KG, Pedini SPA, SieMatic Mobelwerke GmbH and Co. KG, Snaidero Rino Spa are a few of the key vendors in the modular kitchen market.
      Europe will register the highest growth rate of 31.30% among the other regions. Therefore, the modular kitchen market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the modular kitchen market growth are:
      • High demand for convenient and customized kitchens with a wide design variety
      The modular kitchen market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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