Kitchen Furniture and Fixtures Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | > 3.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
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?
Kitchen Furniture and Fixtures Market Analysis
The Kitchen Furniture and Fixtures Market is expected to register a CAGR of greater than 3.5% during the forecast period(2024-2029).
The Kitchen Furniture and Fixtures market is closely tied to the construction and renovation industry, as most homeowners update their kitchens as part of a larger home improvement project. The kitchen furniture and fixtures market is growing steadily, driven by increasing urbanization, rising disposable incomes, and changing lifestyles. One of the major trends in the market is the increasing demand for eco-friendly and sustainable kitchen furniture and fixtures. Consumers are becoming more aware of the environmental impact of their purchasing decisions and are seeking products made from sustainable materials with a lower carbon footprint. Another trend is the growing popularity of smart kitchen appliances and fixtures that can be controlled via smartphone apps or voice assistants. These products offer convenience and efficiency for consumers and are expected to continue to drive growth in the market.
The COVID-19 pandemic significantly impacted the kitchen furniture and fixtures market in terms of supply and demand. The pandemic disrupted global supply chains, causing delays and shortages in the availability of raw materials and finished products. It increased prices and longer lead times for kitchen furniture and fixtures. The pandemic also decreased demand for kitchen furniture and fixtures, as many households reduced their spending on non-essential items due to job losses and economic uncertainty. Additionally, with more people working from home, the demand for office furniture increased, leading to a shift in consumer spending.
Kitchen Furniture and Fixtures Market Trends
Rising Kitchen Furniture Market
Market size and revenue of the kitchen furniture market are observing a continuous increase globally with an increasing expenditure and demand by the residential as well as commercial segment. Increase in household income level are resulting in people making their kitchen segments more attractive with the creation of more functional spaces. The United States, Germany, and Japan are existing as major countries for the sales and revenue of the kitchen furniture market resulting in an increasing number of players investing in these countries with a wide range and varieties of kitchen furniture products. In addition, post covid with an expansion of online revenue share kitchen furniture manufacturers have observed a diversification and an increase in their sales revenue. These trends are resulting in an expansion of kitchen furniture products in the market.
Asia-Pacific is Expected to Witness the Highest Growth
Asia-Pacific region contains many more growth opportunities accompanied by growth potential in Australia, China, and Indian Market.
The rising disposable incomes, improving consumer lifestyles, and a significant increase in the GDPs largely supplement the market growth in the Asia-Pacific region. Further, the growth is also supplemented by the ongoing developments in the real estate sector in the region, which largely boost the adoption of luxury furniture by both domestic and commercial users. China is likely to witness the fastest growth, owing to the rise in disposable incomes and rapid urbanization.
Kitchen Furniture and Fixtures Industry Overview
The report covers major international players operating in the kitchen furniture and fixtures market. In terms of market share, few of the major players currently dominate the market. However, demand is driven by consumer income. Large companies compete through volume purchasing, breadth of products, and effective merchandising and marketing. Small companies focus on a market segment and compete through the depth of products and superior customer service.
Kitchen Furniture and Fixtures Market Leaders
Standard Furniture
Alno
MasterBrand Cabinets Inc.
IKEA
American Woodmark
*Disclaimer: Major Players sorted in no particular order
Kitchen Furniture and Fixtures Market News
- Dec 2022: Roha Realty, the real estate arm of Roha Group, announced its partnership with Godrej Interio, India's largest furniture brand in both home and institutional segments. Under this collaboration, Roha Realty partnered with Godrej Interio to offer fully furnished flats for its latest project at Roha Vatika in Kurla, Nehru Nagar.
- June 2022: REHAU, the world leader in polymer-based solutions, partnered with the global brand Titus Group to launch hardware & fittings for furniture. The company's expansion into hardware is part of a larger strategy to offer a complete solution to its B2B partners while also approaching the B2C market.
Kitchen Furniture and Fixtures Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Value Chain Analysis of the Global Kitchen Furniture and Fixtures Market
4.6 Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Trends Influencing the Global Kitchen Furniture and Fixtures Market
4.8 Insights on Technological Innovations in the Market
4.9 Impact of COVI-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Kitchen Furniture
5.1.2 Kitchen Fixtures
5.2 By End User
5.2.1 Household
5.2.2 Commercial
5.3 Geography
5.3.1 North America
5.3.2 South America
5.3.3 Asia-Pacific
5.3.4 Middle East & Africa
5.3.5 Europe
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Standard Furniture
6.1.2 Masterbrand Cabinets
6.1.3 Ikea
6.1.4 American Woodmark
6.1.5 Symphony Group
6.1.6 Golden Home
6.1.7 Alno
6.1.8 Howdens
6.1.9 Euro-Rite Cabinets
6.1.10 Kohler Co.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Kitchen Furniture and Fixtures Industry Segmentation
The kitchen furniture and fixtures market refers to the industry that designs, manufactures, and sells products related to the kitchen, including cabinets, countertops, sinks, faucets, and other fixtures. The report covers a complete background analysis of the kitchen furniture and fixtures market. It includes a parental market assessment, emerging trends by segments and regional markets, significant changes in market dynamics, and a market overview.
The Kitchen Furniture And Fixtures Market Is Segmented By Type (Kitchen Furniture And Kitchen Fixtures), End User (Household And Commercial), And Geography (North America, South America, Asia-Pacific, Middle East & Africa, And Europe). The Report Offers The Market Sizes And Forecasts In Value (USD) For All The Above Segments.
| By Type | |
| Kitchen Furniture | |
| Kitchen Fixtures |
| By End User | |
| Household | |
| Commercial |
| Geography | |
| North America | |
| South America | |
| Asia-Pacific | |
| Middle East & Africa | |
| Europe |
Kitchen Furniture and Fixtures Market Research FAQs
What is the current Kitchen Furniture and Fixtures Market size?
The Kitchen Furniture and Fixtures Market is projected to register a CAGR of greater than 3.5% during the forecast period (2024-2029)
Who are the key players in Kitchen Furniture and Fixtures Market?
Standard Furniture, Alno, MasterBrand Cabinets Inc., IKEA and American Woodmark are the major companies operating in the Kitchen Furniture and Fixtures Market.
Which is the fastest growing region in Kitchen Furniture and Fixtures Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Kitchen Furniture and Fixtures Market?
In 2024, the North America accounts for the largest market share in Kitchen Furniture and Fixtures Market.
What years does this Kitchen Furniture and Fixtures Market cover?
The report covers the Kitchen Furniture and Fixtures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Kitchen Furniture and Fixtures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Kitchen Furniture & Fixture Industry Report
Statistics for the 2023 Kitchen Furniture & Fixture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Kitchen Furniture & Fixture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
