Modular Kitchen Market projected to reach a value of US$ 28.54 Billion by 2025

ROSWELL, Ga. - Feb. 3, 2020 - PRLog -- Kitchen has evolved from a closed room to the most open and highly accessible space in the house and used to store all the utensils, electronics, food, spices, and other essential resources and provide easy accessibility. A modular kitchen also provides the customers with versatility, as they can quickly be assembled and detached. The modular kitchen market is developed rapidly in the global and more and more people wanted to own a modular kitchen in their houses.

Modular kitchen referred to as modern design made from various materials such as wood, high-pressure laminate, melamine etc. The modular kitchen has a different design, layout, size and made especially custom-designed, and customers can choose their preference according to the requirements and budget. Modular kitchen market projected to reach a value of US$ 28.54 Billion by 2025, expanding at a CAGR of nearly 5% during 2019-2025.

Global modular kitchen market  driven by rising middle-class population, growing demand for premiumization, decreasing household size, increasing demand for space-saving, the rapid growth of residential construction industry project, surging number of partnerships between real estate's project developers and modular kitchen manufacturers would drive the market. The online distribution channel is also one of the major growth factors of the modular kitchen globally.

Renub Research report titled "Modular Kitchen Market (https://www.renub.com/modular-kitchen-market-p.php), Global Analysis, By Distribution Channels (Online, Offline), Design (L-Shape, U-Shape, Parallel, Straight, Island), Products (Floor Cabinet, Wall Cabinet, Tall Storage) Region (North America, Europe, Asia and Rest of World) Company (Nobilia GB Ltd, Häfele GmbH & Co KG, Hettich Group, Nobia AB,IFB Industries) Porter's Five Forces" provides a complete analysis of global modular kitchen market.

Request a free sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=modul...

The report studies the market of online and offline distribution of modular kitchen market. Offline channel holds significant market in the global modular kitchen market and is expected to dominate the market over the projection years.

The report studies the market of the following market by design: L-Shape, U-Shape, Parallel, Straight, Island. L-Shape and U-Shape are expected to hold maximum market share.

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