Global Modular Kitchen Market Size & Outlook
The modular kitchen industry worldwide is expected to reach a projected revenue of US$ 26,727.6 million by 2028. A compound annual growth rate of 5.5% is expected of the worldwide modular kitchen industry from 2021 to 2028.
Revenue, 2020 (US$M)
$17,430.9
Forecast, 2028 (US$M)
$26,727.6
CAGR, 2021 - 2028
5.5%
Report Coverage
Worldwide
Global modular kitchen market, 2015-2028 (US$M)
Related Markets
Global modular kitchen market highlights
- The global modular kitchen market generated a revenue of USD 17,430.9 million in 2020 and is expected to reach USD 26,727.6 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 5.5% by 2028.
- In terms of segment, l-shape accounted for a revenue of USD 5,950.8 million in 2020.
- Island is the most lucrative design segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 17,430.9 million |
| Market revenue in 2028 | USD 26,727.6 million |
| Growth rate | 5.5% (CAGR from 2020 to 2028) |
| Largest segment | L-shape |
| Fastest growing segment | Island |
| Historical data covered | 2015 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | L-Shape, U-Shape, Parallel, Straight, Island |
Other key industry trends
- In terms of revenue, the North America accounted for 26.1% of the global modular kitchen market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 3,867.5 million by 2028.
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Modular Kitchen Market Scope
Modular kitchen market segmentation & scope
Modular Kitchen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global modular kitchen market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modular kitchen market will help companies and investors design strategic landscapes.
l-shape was the largest segment with a revenue share of 34.14% in 2020. Horizon Databook has segmented the Global modular kitchen market based on l-shape, u-shape, parallel, straight, island covering the revenue growth of each sub-segment from 2015 to 2028.
- Global Modular Kitchen Design Outlook (Revenue, USD Million, 2015-2028)
- L-Shape
- U-Shape
- Parallel
- Straight
- Island
- Global Modular Kitchen Product Outlook (Revenue, USD Million, 2015-2028)
- Floor Cabinet
- Wall Cabinet
- Tall Storage
- Global Modular Kitchen Material Outlook (Revenue, USD Million, 2015-2028)
- Wood
- Metal
- Fiber or Plastic
- Others
- Global Modular Kitchen Distribution Channel Outlook (Revenue, USD Million, 2015-2028)
- Offline
- Online
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Our clientele includes a mix of modular kitchen market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global modular kitchen market, including forecasts for subscribers. This global databook contains high-level insights into Global modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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Global modular kitchen market statistics, by region, 2015-2028 (US$M)
Top 10 countries: Modular kitchen market size, 2020 (USD Million)
Top 10 countries: Modular kitchen market size, 2020 (USD Million)
Global modular kitchen market, by region, 2020 (US$M)
Related regional statistics
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