U.S. Modular Kitchen Market Size & Outlook, 2020-2028
U.S. modular kitchen market, 2015-2028 (US$M)
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U.S. modular kitchen market highlights
- The U.S. modular kitchen market generated a revenue of USD 3,553.2 million in 2020 and is expected to reach USD 3,867.5 million by 2028.
- The U.S. market is expected to grow at a CAGR of 1.1% 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 3,553.2 million |
| Market revenue in 2028 | USD 3,867.5 million |
| Growth rate | 1.1% (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, U.S. accounted for 20.4% 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 North America, U.S. modular kitchen market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,867.5 million by 2028.
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Modular Kitchen Market Scope
Modular Kitchen Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 U.S. 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 U.S. economy is fueled by construction activities in the country. As per The Construction Association, the construction industry in the U.S. generates USD 1.3 trillion worth of structures annually. The industry has more than 680,000 employers and 7 million employees. The rising number of residential permits in the country is driving the growth of the construction industry.
Based on this growth, the modular kitchen market in the U.S. is expected to flourish. The increase in the number of residential construction projects will lead to a higher demand for modular kitchen products.
Innovative and stylish modular kitchens offered by major players will propel the modular kitchen market in the country. Retrofitting old products with stylish, designer and technologically enhanced products will offer additional growth opportunities to the U.S. modular kitchen market.
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Target buyers of U.S. 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 U.S. modular kitchen market, including forecasts for subscribers. This country databook contains high-level insights into U.S. modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. modular kitchen market size, by design, 2015-2028 (US$M)
U.S. Modular Kitchen Market Share, 2020 & 2028 (US$M)
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