Data Bridge Market Research analyses that the modular kitchen market is expected to reach the value of USD 6,512,875.32 thousand by the year 2029, at a CAGR of 5.3% during the forecast period. "Residential" accounts for the most prominent application segment in the respective m
Nowadays, businesses get highly benefited with the different segments covered in the market research report which provides better market insights to them with which they can drive the business into right direction. This
Modular Kitchen market report gives information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2018 to 2015 under the competitive analysis study. A strong research methodology employed here consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis.
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Data Bridge Market Research analyses that the modular kitchen market is expected to reach the value of USD 6,512,875.32 thousand by the year 2029, at a CAGR of 5.3% during the forecast period. "Residential" accounts for the most prominent application segment in the respective market owing to the rise in modular kitchens. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
A modular kitchen is defined as a modern kitchen with furniture that has been constructed in modules or units. The name modular kitchen originates from the idea of the module. They consist of small sections or modules which are accumulated together to form a complete kitchen. They comprise of cabinets or storage units of standard sizes customized as per the kitchen sizes and layout. Modular kitchen designs break down large systems into essential parts to meet various customer needs, replicating flexibility and agility. They are usually a combination of wall units and base units.
Some of the major players operating in the modular kitchen market are Nobia, nobilia, Hettich Holding GmbH Co. oHG, Häcker Küchen, Bulthaup GmbH Co KG, Sleek International Pvt Ltd. (A subsidiary of Asian Paints), SieMatic Möbelwerke GmbH Co. KG, Alea Modular Kitchen, Easylife Kitchens, Godrej Interio, Kohler Co., LINEADECOR, Lukwood Kitchen, Nexus Interio Private Limited, Pedini SpA, Snaidero Rino Spa, and Wudley Modulars, among others.
Modular Kitchen Market Regional Analysis/Insights
The global modular kitchen market is analyzed, and market size insights and trends are provided by country, product, layout, raw material, application, construction, and distribution channel, as referenced above.
The countries covered in the global modular kitchen market report are the U.S., Canada, Germany, U.K., France, Italy, Rest of Europe, China, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia, Vietnam, Cambodia, South Korea, Taiwan, Hong Kong, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, United Arab Emirates, and Rest of the Middle East and Africa.
Asia-Pacific is dominating the market due to a rise in consumer spending on modular kitchens in the renovation of homes and furniture in the region. The rise in investments and initiatives towards construction activities for both commercial and residential is propelling the region's demand for modular kitchens.
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