Global Modular Kitchen Market 2021-2025

Global Modular Kitchen Market 2021-2025

Technavio has been monitoring the modular kitchen market and it is poised to grow by $ 7.88 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period. Our report on modular kitchen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand for convenient and customized kitchens with a wide design variety and efficient space management and ease in assembling. In addition, high demand for convenient and customized kitchens with a wide design variety is anticipated to boost the growth of the market as well.

The modular kitchen market analysis includes product segment andgeographic landscape.

Technavio's modular kitchen market is segmented as below:

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• MEA

By Product

• Floor cabinets
• Wall cabinets
• Tall storage

This study identifies the growth in residential construction activities as one of the prime reasons driving the modular kitchen market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on modular kitchen market covers the following areas:

• Modular kitchen market sizing
• Modular kitchen market forecast
• Modular kitchen market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading modular kitchen market vendors that include 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. Also, the modular kitchen market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.