US Modular Kitchen Market to Cross $ 9 Billion by 2025 – TechSci Research

by David Johnson Top Market Research Company in US

Rising purchasing power of customers, need for more comfortable lifestyle, increasing number of residential construction projects and growing number of partnerships between real estate project developers and modular kitchen manufacturers to drive United States modular kitchen market until 2025

According to TechSci Research report, “United States Modular Kitchen Market By Design, By Product Type, By Sales Category, By Region, Competition, Forecast & Opportunities, 2025”, United States modular kitchen market stood at $ 6.7 billion in 2019 and is projected to reach $ 9.2 billion by 2025, as comfortable and smart kitchens are certainly getting more recognition in the home improvement/decor category to enhance both functionality and decorative aspects of a modular kitchen. Be it homemakers or working professionals, restructuring and remodeling an existing kitchen to a more comfortable one is becoming a major trend among the modern-day homemakers in the country. Additionally, the construction industry is witnessing healthy growth in the residential construction sector in the country resulting in increasing demand for modular kitchens. Over the last few years, modular kitchen industry in United States has witnessed an inclination towards kitchens with smart technologies and modern designs. Moreover, for the customers, their kitchen is also a space for socializing, relaxation and shaping their imaginativeness. With consumers showing willingness to experiment with design, textures and naïve color combinations for their kitchens, modular kitchen manufacturers have been set free to offer consumers with world class products and customized modular kitchen setups. The consumers are increasingly looking for premium designs and features such as smart kitchens, magic corners and island kitchen concepts to beautify their cooking spaces. The cabinets segment in modular kitchens is dominating the market in United States. The colored kitchen cabinets and counter tops in modular kitchens are gaining popularity in United States. Furthermore, availability of various types of kitchen designs on online portals and e-commerce websites is also supplementing the demand for modular kitchens in the United States and the trend is likely to continue over the course of next five years as well.

US Modular Kitchen Market

Browse 29 market Data Tables and Figures spread through 76 Pages and an in-depth TOC on "United States Modular Kitchen Market"

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United States modular kitchen market is segmented into design, product type, sales category and region. Based on product type, the market can be further segmented into floor cabinets & wall cabinets, tall storage and others. Based on design, there are wide range and types of modular kitchens available in the market among which, u-shaped kitchen is the most preferred kitchen type in United States. This is majorly due to the surging demand for u-shaped kitchens from the consumers on account of increasing purchasing power coupled with growing number of partnerships between real estate project developers and modular kitchen manufacturers, and increasing number of residential construction projects are expected to fuel the sales of modular kitchens until 2025. Additionally, gradual shift towards more comfortable lifestyle and increasing spending on modern day kitchen appliances is fueling the need for advanced kitchen spaces, which in turn is projected to drive the market for modular kitchens in the United States during the forecast year.

As the United States modular kitchen market is highly mature, it is dominated by large number of organized players in the market, offering wide range of products at competitive prices. One such player is Hafele America, which is one of the leading players in the modular kitchen market of the United States. The company has been able to create a strong brand presence by providing customized services in both residential and commercial market in United States. IKEA US, Lineadecor USA LLC, Eggersmann USA, Hettich America, SieMatic Möbelwerke USA and Snaidero USA are some of the major companies in United States modular kitchen market.

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“United States modular kitchen manufacturers offer spectacular range of products. Smart modular kitchens are gaining popularity, and this can be an industry game changer in the US in the coming years. Moreover, the competitive pricing in this market is also projected to positively impact the demand for modular kitchens in the United States over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United States Modular Kitchen Market By Design, By Product Type, By Sales Category, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States modular kitchen market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States modular kitchen market.

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