Market Trends of UAE Modular Kitchen Industry
Increasing Development in the Construction Sector
With the increasing population and growing property rates, residential houses are becoming smaller and more compact. With the development in the construction sector, more houses are being built, and this is increasing the demand for modular kitchens. Many of the newly constructed properties are also offering modular kitchens as a part of their offerings. With the decrease in the fiscal deficit, the rise in non-oil production, and the recovery of crude oil prices, the construction market is likely to develop a lot in the UAE.
Expatriate Population Growth Preferring Italian and German Styled Modular Kitchens
UAE, being the second-largest economy in the Middle East, has an open economic structure that attracts people from all over the globe, primarily from nations like the Philippines, Iran, Germany, Egypt, etc. Also, it has been observed that expatriates in the UAE have been showing increasing interest in modular kitchen products of the luxury range, including Italian and German designs. Various kinds of kitchen designs are available in classy, modern, and contemporary designs with limitless designs and varieties.
Therefore, as the country has a high expatriate population and consumers are willing to pay for more high-end luxurious kitchens (German and Italian-style kitchens with modern appliances), the industry is witnessing several growth opportunities. The high-end customers, while purchasing luxurious villas, may want the kitchen to complement the home and suit their lifestyle.
