DUBLIN, March 10, 2020 /PRNewswire/ -- The "Modular Kitchen Market, Global Analysis, By Distribution Channels, Design, Products, Region, Company" report has been added to ResearchAndMarkets.com's offering.

The global 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 is 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.Across the globe, people are shifting on online marketing and shopping, with the growing internet user base. The online distribution channels have a platform where the people can see and buy kitchen accessories and design as per their choice, need and budget. 25 percent of the people are shopping online and expected to increase year on year around the globe.Besides, increasing the purchasing power of consumers from developed and developing nations, including the United States, India, Europe, China, Thailand, and Brazil, is expected to drive the modular kitchen market. However, the rapid rise in the number of nuclear families on a global level anticipated encouraging the installation of a new modular kitchen. The L-shape and parallel shape design is a popular kitchen design globally including straight. In recent times, among most of the designs, most popular were wall-cabinet and tall storages cabinet. This type of design used in both small and large space houses.The growing day by day global population is propelling the food industry as well construction industry. The people want convenient food cooking facilities and home appliances products and technology with size, style, and design. The global people income level and improving living standard is the significant factor of propelling the modular kitchen market.Across the globe, the manufacturers and vendors are introducing eco-friendly variants that employ green materials such as recycled plastic granules and acrylic stone. In this report, we have covered some of the vendors and manufacturers are Nobilia GB Ltd, Hfele GmbH & Co KG, Hettich Group, Nobia AB, IFB Industries.By Distribution Channels - Offline channel holds a significant market in the global modular kitchen marketThe report studies the market of online and offline distribution of modular kitchen market. The offline channel holds a significant market in the global modular kitchen market and is expected to dominate the market over the projection years.By Design - Island is expected to grow at highest CAGR in the global modular kitchen marketThe 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 a maximum market share.By Products - Floor Cabinet and Wall Cabinet together account for the majority of market share in the global modular kitchen market

Based on products, the market is segmented into Floor Cabinet, Wall Cabinet, Tall Storage. Floor Cabinet and Wall Cabinet together account for the majority of market share in the global modular kitchen market.

1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamic4.1 Growth Driver4.1.1 Growing Global construction industry4.1.2 Increasing population and growing urban population, 68% of the world population projected to live in urban areas by 20504.1.3 Growing Middle Class population4.2 Challenges4.3 Opportunities4.3.1 Increasing Demand for Personalized and Customized Kitchen and Living Rooms5. Porter's Five Forces Analysis6. Global Modular Kitchen Market7. Market Share Analysis7.1 By Distribution Channels7.2 By Design7.3 By Products7.4 By Regions8. Products - Global Modular Kitchen Market8.1 Floor Cabinet8.2 Wall Cabinet8.3 Tall Storage9. Design - Global Modular Kitchen Market9.1 L-Shape9.2 U-Shape9.3 Parallel9.4 Straight9.5 Island10. Distribution Channels - Global Modular Kitchen Market10.1 Online10.2 Offline11. Regions - Global Modular Kitchen Market11.1 North America11.1.1 United States11.2 Asia11.2.1 India11.2.2 China11.3 Europe11.4 Rest of the World12. Merger & Acquisitions13. Company Analysis(Recent Development/Strategy, Sales)13.1 Nobilia GB Ltd.13.2 Hfele GmbH & Co KG13.3 Hettich Group13.4 Nobia AB13.5 IFB IndustriesFor more information about this report visit https://www.researchandmarkets.com/r/8pmyvs

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