India Modular Kitchen Market Size & Outlook, 2020-2028
India modular kitchen market, 2015-2028 (US$M)
Related Markets
India modular kitchen market highlights
- The India modular kitchen market generated a revenue of USD 519.3 million in 2020 and is expected to reach USD 2,727.2 million by 2028.
- The India market is expected to grow at a CAGR of 23% 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 519.3 million |
| Market revenue in 2028 | USD 2,727.2 million |
| Growth rate | 23% (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, India accounted for 3.0% 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 Asia Pacific, India modular kitchen market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,727.2 million by 2028.
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Modular Kitchen Market Scope
Modular Kitchen Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 34.59% in 2020. Horizon Databook has segmented the India 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 demand for modular kitchens in the country has also increased due to rapid urbanization and development of the housing sector. Rising purchasing power of consumers, continuous growth in population, and government intervention to provide easy loans have led to a residential construction boom in the country.
Additionally, the Indian real estate sector is utilizing the built-up space in property segments such as shopping malls, offices, hospitals, logistical facilities, and offices. These factors have contributed to the overall growth of the modular kitchen market in the country.
Modular kitchens are an integral part of modern-day living. Hence, improving lifestyles and rising disposable incomes are other factors that have positively affected the growth of the market in the country.
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Our clientele includes a mix of modular kitchen market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 India modular kitchen market, including forecasts for subscribers. This country databook contains high-level insights into India modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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India modular kitchen market size, by design, 2015-2028 (US$M)
India Modular Kitchen Market Share, 2020 & 2028 (US$M)
Related regional statistics
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