Modular kitchen Market by Player, Region, Type, Application and Sales Channel 2019-2027

Modular kitchens are made up of furniture layouts with modules of cabinets that house kitchen supplies. Furniture layouts can be made of various materials such as wood, fiber/plastic, or metal, with various designs such as L-shaped, U-shaped, parallel, and others depending on the size and shape of the kitchen. Modular kitchens allow for more efficient use of kitchen space by fitting together with symmetry to produce entire functional furniture with proper segmentation of everything.

The Corona virus has spread throughout the world, and most countries have implemented lockdown measures to prevent the virus's spread and protect public health. All business and industrial activities have been completely halted, with the exception of those that are absolutely necessary, such as the food and medical sectors, resulting in an economic catastrophe in the country. Manufacturing and manufacturing functions have been halted, slowing the business, and inactive commerce and transportation have completely disrupted the supply chain, causing enterprises to suffer significant losses in the near future.

Increase in population and rise in disposable income of consumers has increased the purchasing power of the consumers, and thus encourage them to spend more on products which provide convenience and comfort to them. Rapid growth in residential construction industry and changes in lifestyle pattern of consumers from living in joint family to nuclear family are the major factors that boost the growth of the modular kitchen market. Modular kitchens are not only to enhance the look of the kitchen or overall house, but it is also space saving, provides convenient and efficient storage for the essential kitchen commodities like utensils, appliances, and groceries with optimum usage of small spaces, and gives a clean look.

Key players operating in the global modular kitchen market include Häfele, Hackers Kitchens GmbH & Co. KG, Nobia AB, LINEADECOR, Snaidero Rino Spa Bulthaup GmbH & Co KG, Boston Cabinets, Inc., Pedini, and SieMatic Möbelwerke GmbH & Co. KG.