Market revenue in 2020 | USD 1,444.1 million |
Market revenue in 2028 | USD 2,243.6 million |
Growth rate | 5.7% (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 |
Key market players worldwide | Nobia AB ADR, Boston Properties Inc, Häfele, Häcker Küchen, nobilia-Werke, Lineadecor, Snaidero, Bulthaup, Pedini, SieMatic Mobelwerke, Hettich |
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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 33.97% in 2020. Horizon Databook has segmented the Latin America 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 Central & South America modular kitchen market is characterized by rapid urbanization and the resulting demand for housing units. The region is home to fast developing economies such as Brazil, the Caribbean, Peru, Uruguay, Colombia, and Chile.
Traditionally, Central & South America has been laden with unorganized housing locales in rural areas, with little access to consumer markets. However, economic growth and movement & migration of people have led to many cities witnessing exponential population growth and a considerable need for housing.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America modular kitchen market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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