Germany Modular Kitchen Market Size & Outlook, 2020-2028
Germany modular kitchen market, 2015-2028 (US$M)
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Germany modular kitchen market highlights
- The Germany modular kitchen market generated a revenue of USD 1,281.2 million in 2020 and is expected to reach USD 1,541.3 million by 2028.
- The Germany market is expected to grow at a CAGR of 2.3% from 2021 to 2028.
- In terms of segment, l-shape was the largest revenue generating design in 2020.
- Island is the most lucrative design segment registering the fastest growth during the forecast period.
Modular kitchen market data book summary
| Market revenue in 2020 | USD 1,281.2 million |
| Market revenue in 2028 | USD 1,541.3 million |
| Growth rate | 2.3% (CAGR from 2020 to 2028) |
| Largest segment | L-shape |
| Fastest growing segment | Island |
| Historical data | 2015 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | L-Shape, U-Shape, Parallel, Straight, Island |
| Key market players worldwide | Nobia AB ADR, Boston Properties Inc, Häfele, Häcker Küchen, nobilia-Werke, Lineadecor, Snaidero, Bulthaup, Pedini, SieMatic Mobelwerke, Hettich |
Other key industry trends
- In terms of revenue, Germany accounted for 7.4% of the global modular kitchen market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany modular kitchen market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,541.3 million by 2028.
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Modular Kitchen Market Scope
Modular Kitchen Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 33.01% in 2020. Horizon Databook has segmented the Germany modular kitchen market based on l-shape, u-shape, parallel, straight, island covering the revenue growth of each sub-segment from 2015 to 2028.
The market expansion in Germany is attributed to the growth of the food service industry, which has led to an increase in the number of hotels, restaurants, and food joints across the country. This scenario has propelled the adoption of modular kitchens. In addition, the high consumer spending on home remodeling is expected to drive the installation of modular kitchens.
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Target buyers of Germany modular kitchen market databook
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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 country-level data and insights on the Germany modular kitchen market, including forecasts for subscribers. This country databook contains high-level insights into Germany modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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Germany modular kitchen market size, by design, 2015-2028 (US$M)
Germany Modular Kitchen Market Share, 2020 & 2028 (US$M)
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