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Market Research Report
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1007425

Modular Kitchen Market, Global Forecast By Distribution Channels (Online, Offline), Design, Products, Region, Company Analysis

Published: | Renub Research | 150 Pages | Delivery time: 1-2 business days

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Modular Kitchen Market, Global Forecast By Distribution Channels (Online, Offline), Design, Products, Region, Company Analysis
Published: May 1, 2021
Renub Research
Content info: 150 Pages
Delivery time: 1-2 business days
  • ALL
  • Description
  • Table of Contents
Description

In recent years, global phenomena have changed about Kitchen, as this reflects style and personality. Around the globe, the most common grievance everyone has about kitchens doesn't have enough space and to overcome these types of grievances, key players play a crucial role and have Modular kitchens in the houses. The kitchen is probably the warmest part of every home. Worldwide, with shrinking homes and surging modernization, modular kitchen have become basic necessity of every house nowadays. The kind of space available would play a significant role in determining the types of modular kitchen. We have studied the most common types of the modular kitchen like L-shaped, straights, U-shaped, parallel, Island. This type of design differs in the global context as customers choose their preferences as per their budgets and requirements. As per our research, The Global Modular Kitchen Market will be US$ 28.6 Billion by 2027.

Globally, L- shape and parallel shape design is a popular kitchen among consumers. Further, the most popular products are tall storages cabinet and wall-cabinet, which can be used in small and large space houses. Modular kitchens integrate convenience, proficient use of space, and allow for less time-consuming tasks. Besides, in recent times, developing countries India, China, Thailand, and Brazil's purchasing power have surged with developed countries that tend to give lucrative opportunities in the global modular kitchen market. According to Renub Research, Global Modular Kitchen Industry will grow at a healthy CAGR of 4.73% during 2020-2027.

In addition, around the globe, the online distribution channel is playing a vital role in the growth of the modular kitchen market. The factor driving this market is a growing number of partnerships between real estate's project developers and modular kitchen manufacturers, rising middle-class population, declining household square feet size, and global surge in the residential construction industry project. It also has one major advantage over the traditional kitchen of having flexible features such as replacing single units instead of the entire system in case of repairing. The World over the Market for Modular Kitchen was worth US$ 20.7 Billion in 2020.

COVID-19 impact on Modular Kitchen Industry

The ongoing COVID-19 pandemic has seen inconsistent growth in this industry. As such, we have seen a decline in the products like furniture fixtures, home and kitchen decor. We expect that the nature of this decline is temporary and its market will grow during the forecast period. Globally, the modular kitchen market is a combination of international and regional players. Players are strategically involved in increasing the business through merger and acquisitions. We have covered key players like Nobilia GB Ltd, Hafele GmbH & Co KG, Hettich Group, Nobia AB, and IFB Industries.

Renub Research report titled "Modular Kitchen Market, Global Forecast, 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, Hafele GmbH & Co KG, Hettich Group, Nobia AB,IFB Industries) Porter's Five Forces" provides a complete analysis of Global Modular Kitchen Industry.

Products - Market breakup from 3 viewpoints

  • Floor Cabinet
  • Wall Cabinet
  • Tall Storage

Design - Market breakup from 5 viewpoints

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

Distribution Channels - Market breakup from 2 viewpoints

  • Online
  • Offline

Regions - Market breakup from 7 viewpoints

  • North America
  • United States
  • Asia
  • India
  • China
  • Europe
  • Rest of the World

All companies have been covered from 3 viewpoints

  • Overviews
  • Recent Developments
  • Sales

Company Analysis

  • Nobilia GB Ltd
  • Hafele GmbH & Co KG
  • Hettich Group
  • Nobia AB
  • IFB Industries
Table of Contents

Table of Contents

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamic

  • 4.1 Growth Driver
  • 4.2 Challenges
  • 4.3 Opportunities

5. Global Modular Kitchen Market

6. Market Share - Global Modular Kitchen Market

  • 6.1 By Products
  • 6.2 By Design
  • 6.3 By Distribution Channels
  • 6.4 By Regions

7. Products - Global Modular Kitchen Market

  • 7.1 Floor Cabinet
  • 7.2 Tall Cabinet
  • 7.3 Wall Storage

8. Designs - Global Modular Kitchen Market

  • 8.1 L-Shape
  • 8.2 U-Shape
  • 8.3 Parallel
  • 8.4 Straight
  • 8.5 Island

9. Distribution Channel - Global Modular Kitchen Market

  • 9.1 Online
  • 9.2 Offline

10. Regions - Global Modular Kitchen Market

  • 10.1 North America
  • 10.2 Europe
  • 10.3 Asia
  • 10.4 Rest of the World

11. Merger & Acquisitions

12. Company Analysis

  • 12.1 Nobilia GB Ltd
    • 12.1.1 Overviews
    • 12.1.2 Recent Development
    • 12.1.3 Sales
  • 12.2 Hafele GmbH & Co KG
    • 12.2.1 Overviews
    • 12.2.2 Recent Development
    • 12.2.3 Sales
  • 12.3 Hettich Group
    • 12.3.1 Overviews
    • 12.3.2 Recent Development
    • 12.3.3 Sales
  • 12.4 Nobia AB
    • 12.4.1 Overviews
    • 12.4.2 Recent Development
    • 12.4.3 Sales
  • 12.5 IFB Industries
    • 12.5.1 Overviews
    • 12.5.2 Recent Development
    • 12.5.3 Sales

List of Figures

Figure-01: Global Modular Kitchen Market (Million US$), 2016 - 2020

Figure-02: Global - Forecast for Modular Kitchen Market (Million US$), 2021 - 2026

Figure-03: Product - Floor Cabinet Market (Million US$), 2016 - 2020

Figure-04: Product - Forecast for Floor Cabinet Market (Million US$), 2021 - 2026

Figure-05: Product - Tall Cabinet Market (Million US$), 2016 - 2020

Figure-06: Product - Forecast for Tall Cabinet Market (Million US$), 2021 - 2026

Figure-07: Product - Wall Storage Market (Million US$), 2016 - 2020

Figure-08: Product - Forecast for Wall Storage Market (Million US$), 2021 - 2026

Figure-09: Design - L-Shape Market (Million US$), 2016 - 2020

Figure-10: Design - Forecast for L-Shape Market (Million US$), 2021 - 2026

Figure-11: Design - U-Shape Market (Million US$), 2016 - 2020

Figure-12: Design - Forecast for U-Shape Market (Million US$), 2021 - 2026

Figure-13: Design - Parallel Market (Million US$), 2016 - 2020

Figure-14: Design - Forecast for Parallel Market (Million US$), 2021 - 2026

Figure-15: Design - Straight Market (Million US$), 2016 - 2020

Figure-16: Design - Forecast for Straight Market (Million US$), 2021 - 2026

Figure-17: Design - Island Market (Million US$), 2016 - 2020

Figure-18: Design - Forecast for Island Market (Million US$), 2021 - 2026

Figure-19: Distribution Channels - Online Market (Million US$), 2016 - 2020

Figure-20: Distribution Channels - Forecast for Online Market (Million US$), 2021 - 2026

Figure-21: Distribution Channels - Offline Market (Million US$), 2016 - 2020

Figure-22: Distribution Channels - Forecast for Offline Market (Million US$), 2021 - 2026

Figure-23: North America - Modular Kitchen Market (Million US$), 2016 - 2020

Figure-24: North America - Forecast for Modular Kitchen Market (Million US$), 2021 - 2026

Figure-25: Europe - Modular Kitchen Market (Million US$), 2016 - 2020

Figure-26: Europe - Forecast for Modular Kitchen Market (Million US$), 2021 - 2026

Figure-27: Asia - Modular Kitchen Market (Million US$), 2016 - 2020

Figure-28: Asia - Forecast for Modular Kitchen Market (Million US$), 2021 - 2026

Figure-29: Rest of the World - Modular Kitchen Market (Million US$), 2016 - 2020

Figure-30: Rest of the World - Forecast for Modular Kitchen Market (Million US$), 2021 - 2026

Figure-31: Nobilia GB Ltd - Global Revenue (Million US$), 2016 - 2020

Figure-32: Nobilia GB Ltd - Forecast for Global Revenue (Million US$), 2021 - 2026

Figure-33: Hafele GmbH & Co KG - Global Revenue (Million US$), 2016 - 2020

Figure-34: Hafele GmbH & Co KG - Forecast for Global Revenue (Million US$), 2021 - 2026

Figure-35: Hettich Group - Global Revenue (Million US$), 2016 - 2020

Figure-36: Hettich Group - Forecast for Global Revenue (Million US$), 2021 - 2026

Figure-37: Nobia AB - Global Revenue (Million US$), 2016 - 2020

Figure-38: Nobia AB - Forecast for Global Revenue (Million US$), 2021 - 2026

Figure-39: IFB Industries - Global Revenue (Million US$), 2016 - 2020

Figure-40: IFB Industries - Forecast for Global Revenue (Million US$), 2021 - 2026