GCC Modular Kitchen Market Increasing Demand, Growth Analysis and Outlook 2018-2023

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    GCC Modular Kitchen Market Influenced by
Growth in the Residential Vertical

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Report Description and Highlights
Report Description
GCC Modular Kitchen Market Influenced by Growth
in the Residential Vertical Over the recent
years, the GCC modular kitchen market has
witnessed a positive growth on account of
constant development in the residential
construction sector. This growth can also be
attributed to the wide range of designs which are
available in the market. The latest report by
IMARC Group, entitled GCC Modular Kitchen
Market Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the GCC modular kitchen market reached a
value of US X Million in 2017. At present, the
GCC region has been observing rising levels of
economic growth and sedentary lifestyles.
Additionally, burgeoning population, urbanisation
and westernization have led to a strong growth in
the housing sector, resulting in the soaring
demand for modular kitchens in the region.
Moreover, on account of long and hectic work
routines, most of the people living in the GCC
region prefer time-saving and convenient housing
solutions like modular kitchens as they make
everyday kitchen chores easy owing to their
convenience, flexibility as well as
functionality. Modular kitchens are designed
using a range of fixtures and factory-made
cabinet modules in order to facilitate effective
usage of the kitchen space. They primarily
consist of countertop, chimney, wash-basins,
dishwashers, cooking stoves, ovens and microwaves.
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Report Description and Highlights
Report Description

• The countries in the GCC region are currently
  witnessing inflating real estate prices and
  overcapacity. Despite this, there is a strong
  demand for residential buildings which is giving
  a rise to the construction of apartment buildings
  as they are compact in sizes, thereby burgeoning
  the demand for modular kitchens in the region.
  Apart from this, modular kitchens are available
  in a wide variety of designs which can be
  customised as per the requirements of the
  consumers. They can easily colour coordinate
  their kitchens based on the house décor within
  the limits of their budget. Moreover, modular
  kitchen can be assembled as well as dismantled
  easily as majority of its parts are prefabricated
  in factories. It also caters the facility of
  changing a single unit in case of a damage
  instead of replacing the entire system. Further,
  cleaning as well as maintaining a modular kitchen
  takes relatively less time and effort. As a
  result of the aforementioned forces, the market
  value is projected to exceed US X Million by
  2023, expanding at a CAGR of X during 2018-2023.
• Market Summary
• Based on product type, the market has been
  segmented into floor cabinet, wall cabinet and
  tall storage. Presently, floor cabinet accounts
  for the dominant share in the market.
• Read more here http//bit.ly/2QQLSrW

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Report Description and Highlights
Report Description

•  
• On the basis of design, the GCC modular kitchen
  market has been segregated into L-shape, U-shape,
  parallel, straight, island and peninsula.
• Based on material used, lacquer wood represents
  the leading segment which is followed by high
  pressure laminates, wood veneers, melamine and
  metal.
• On the basis of distribution channel, the market
  has been bifurcated into online and offline.
  Amongst these, offline exhibits a clear dominance
  in the market, holding the largest market share.
• The market is also classified on the basis of
  region and Saudi Arabia represents the leading
  market, accounting for the majority of the total
  share. Saudi Arabia is followed by UAE, Qatar,
  Kuwait, Bahrain and Oman.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  1059flagB
• Browse More Related Reports 
• Modular Kitchen Market http//bit.ly/2yyCS2K
• Kitchen Towel Market http//bit.ly/2ytOK7k

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Report Description and Highlights
Report Description

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