Kitchen cabinets are the built-in furniture installed in many kitchens for storage of food, cooking equipment, and often silverware and dishes for table service. Appliances such as refrigerators, dishwashers, and ovens are often integrated into kitchen cabinetry.
Kitchen Furniture production enterprises are much less concentrated than in other industries and most of these are small and medium-sized. As a result of the low industry concentration, there are hardly any brands with strong influence in the market. However, after years of competition, a number of branded enterprises of a certain scale and possessing considerable strength have emerged. In South Korea domestic market, Hanssem takes the largest share of Kitchen Furniture for many years based on its strong sales channel.
Today, Kitchen furniture brands are no longer fighting for first-tier cities but are gradually shifting their focus to the furniture market in second- and third-tier cities. New construction and Kitchen remodeling has also spurred the growth of home marts in second- and third-tier cities. Besides, the market for Kitchen furniture marts and brands is almost saturated in first-tier cities. While the economic and consumption scale is smaller in second- and third-tier cities, the market offers more room for development. So tapping into the medium- and low-end market will become a key marketing strategy.
The report offers detailed coverage of Kitchen Cabinet industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Kitchen Cabinet by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Kitchen Cabinet market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Kitchen Cabinet market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Hanssem
LIXIL Sunwave
Takara Standard
Cleanup Corporation
At the same time, we classify Kitchen Cabinet according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Luxury segment (kitchens with prices of over USD 7,500)
Upper-end market (kitchens with prices of between USD 5,000 and USD 7,500)
Upper-middle price segment (kitchens priced between USD 3000 and USD 5,000)
Middle price segment (kitchens priced between USD 2000 and USD 3000)
Middle-low segment (kitchens priced between USD 1000 and USD 2000)
Low-end price segment (including kitchens with prices lower than USD 1000)
Market by Application
Residential
Restaurants
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Kitchen Cabinet market for the forecast period 2021 - 2025?
• What are the driving forces in the Kitchen Cabinet market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Kitchen Cabinet industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?