Global Kitchen Cabinet Market Size, Drivers, Trends, Opportunities And Strategies – Includes Kitchen Cabinet Market Analysis
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Increased residential building construction is likely to drive innovation in kitchen cabinet production, propelling the market during the forecast period.
The global kitchen cabinet market is expected to grow from $134.40 billion in 2022 to $147.15 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The kitchen cabinet market is expected to reach $199.99 billion in 2027 at a CAGR of 8.0%.
Get A Free Sample On The Global Kitchen Cabinet Market Report:
Global Kitchen Cabinet Market Segments Include:
- By Type: Ready To Assemble (RTA), Stock Kitchen Cabinets, Semi Custom Kitchen Cabinets, Custom Kitchen Cabinets
- By Raw Material: Wood, Metal, Other Raw Materials
- By Distribution Channel: Retail, Online, Other Distribution Channels
- By Application: Home, Restaurants, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global kitchen cabinet market in 2021.
Major Market Players in the kitchen cabinet market include Leicht Kitchen AG, IKEA, Master Brand cabinet, Nobilia, Cabinetwork Group, American Woodmark, Lixil, Zbom, Takara Standard, Oppein, Cleanup Corporation, Hanssem, Bulthaup.
Technology advancements are a crucial trend that is gaining traction in the kitchen cabinet industry. Companies in the kitchen cabinet market are embracing new technology in order to maintain their market position. For example, Hafele Ltd., a UK-based manufacturer and distributor of innovative furniture fittings, will offer Matrix drawer and runner system technology in kitchen cabinets in May 2022. This premium drawer system is loaded with cutting-edge technology that optimises mobility and adds usefulness and flair to the cabinet. The set comprises a stylish, sleek thin wall drawer system as well as the matrix box premium, a premium double-walled box system.
The Kitchen Cabinet Global Market Report 2023 provides a kitchen cabinet market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The kitchen cabinet market forecast analyzes kitchen cabinet market size, kitchen cabinet market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A kitchen cabinet is a built-in cupboard in the kitchen or a chest of drawers for storing china and cutlery in the kitchen area. It is used to keep plates, cutlery and kitchen equipment organised.
Explore Similar Reports From The Business Research Company:
Kitchen Towel Global Market Report 2023
Household Furniture And Kitchen Cabinet Global Market Report 2023
Furniture Global Market Report 2023
Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at firstname.lastname@example.org
Follow us on:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: