Global Modular Kitchen Market Analysis By Top Key Players Hafele, Lineadecor, Nobia, Pedini and Snaidero - PowerPoint PPT Presentation

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Global Modular Kitchen Market Analysis By Top Key Players Hafele, Lineadecor, Nobia, Pedini and Snaidero

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Get more information about the market: The global modular kitchen market reached a value of US$ 30 Billion in 2017. Modular kitchen refers to a modern furniture layout which facilitates effective usage of space in a kitchen through the usage of modular cabinets. Want more information about this market? Request a free report sample: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: Follow us on twitter : @imarcglobal – PowerPoint PPT presentation

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Title: Global Modular Kitchen Market Analysis By Top Key Players Hafele, Lineadecor, Nobia, Pedini and Snaidero


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    Growth of Global Modular Kitchen Market
Driven by Efficient Space Management

Copyright IMARC. All Rights Reserved
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About IMARC Group
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Report Description and Highlights
Report Description
 Growth of Global Modular Kitchen Market Driven
by Efficient Space Management The global
modular kitchen market has witnessed a positive
growth over the past few years. This can be
attributed to the growing construction and
renovation projects coupled with the introduction
of innovative modular kitchens with advanced
features. The latest report by IMARC Group,
titled Modular Kitchen Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, finds that the global
modular kitchen market reached a value of US
30 Billion in 2017. Modular kitchen refers to a
modern furniture layout which facilitates
effective usage of space in a kitchen through the
usage of modular cabinets. They use the available
space to store and provide easy accessibility to
all the utensils, electronics, groceries, spices
and other necessary commodities. Modular kitchens
also offer flexibility to the consumers as they
can be easily assembled and dismantled. In recent
times, due to decreasing household sizes, there
has been a huge demand for organized facilities
and modular kitchens which focus majorly on space
utilization, convenience and utility value.
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Report Description and Highlights
Report Description
Global Modular Kitchen Market Trends With the
increasing population and growing urban property
rates, residential units have become more compact
in size. Owing to this, the users are opting for
modular kitchens so as to enhance their
convenience and manage the space optimally. Apart
from this, due to the inflating income levels and
improving standards of living, there has been a
significant rise in construction and renovation
activities. Moreover, the manufacturers are
focusing on customized kitchens which are
designed and customized according to the
individual needs and requirements of the
consumers. For instance, in India, the
manufacturers are offering products with special
spice racks and trolleys for grains. Similarly,
in Japan the manufacturers have come up with
innovative space saving kitchens for small areas
which conceal a unit composed of sink, counters
and stoves. In addition, these vendors are
introducing eco-friendly variants which employ
green materials such as recycled plastic granules
and acrylic stone. Looking forward, the market is
projected to reach a value of US 40 Billion by
2023, expanding at a CAGR of around 5 during
2018-2023. Read more here https//www.imarcgrou
p.com/modular-kitchen-market
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Report Description and Highlights
Report Description
  •  
  • Global Modular Kitchen Market Summary
  • Based on product type, the market has been
    segmented as floor cabinet, wall cabinet and tall
    storage. Currently, the floor cabinet segment
    dominates the market, holding the largest share.
  • On the basis of design, L-shape design represents
    the most popular segment. It is followed by
    straight, U-shape, parallel, island and peninsula
    designs.
  • Based on material, the report finds that lacquer
    wood currently accounts for the majority of the
    global share. It is followed by high pressure
    laminates wood veneers and melamine metals and
    others (glass, acrylic, etc.).
  • On the basis of distribution channel, the market
    has been segregated into offline and online
    stores. Amongst these, offline stores are the
    leading distribution channel, holding the biggest
    market share.
  • Region-wise, Europe leads the global modular
    kitchen market, accounting for the majority of
    the overall market share. Other major regions
    include North America, Latin America, Asia
    Pacific, and Middle East and Africa.
  • The competitive landscape of the market has also
    been examined with some of the key players being
    Hafele, Lineadecor, Nobia, Pedini and Snaidero.
  • Want more information about this market? Request
    a free report sample
  • https//www.imarcgroup.com/request?typereportid
    1052flagB

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Report Description and Highlights
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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
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trademarks of their respective companies.
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