Market Size of GCC Modular Kitchen Industry
| Study Period | 2024-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.96 Billion |
| Market Size (2029) | USD 2.52 Billion |
| CAGR (2024 - 2029) | 5.12 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
GCC Modular Kitchen Market Analysis
The GCC Modular Kitchen Market size is estimated at USD 1.96 billion in 2024, and is expected to reach USD 2.52 billion by 2029, growing at a CAGR of 5.12% during the forecast period (2024-2029).
The modular kitchen market in GCC is going to exhibit continuous development on account of rising construction, recovery in oil prices, utility, development, and infrastructure projects. There is a positive outlook in the market for the rising infrastructure and construction in urban areas. Urban development is taking place in countries such as KSA and UAE owing to the rising population and foreign nationals’ population. Several factors, including the recovery of oil prices, a booming housing market, and a growing urban population, currently drive the market.
GCC countries are also making reforms in the market by diversification and encouraging foreign direct investments in the market. Strong growth in the residential unit demand is likely to increase the construction in the market and fuel the demand for modular kitchens. Because more people lead a hectic and sedentary lifestyle, they prefer energy-efficient and time-saving solutions, hence modular kitchens.
Currently, the market produces modular kitchen designs that include l-shape, u-shape, parallels straight, island, and peninsula designs. There is more use of lacquered wood kitchen materials in the GCC modular kitchen designs. Remodeling and refurbishing of households to increase the demand for property value are also adding to the creation of modular kitchens in the region. Customization of modular kitchens according to the preferences of customers is rising in the market. Kitchens with a matt finish, color coordinated, and contrast designs are trending in the market.
