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.
According to this study, over the next five years the Kitchen Cabinet market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Kitchen Cabinet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Kitchen Cabinet market by product type, application, key manufacturers and key regions and countries.
This study considers the Kitchen Cabinet value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
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)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Restaurants
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hanssem
LIXIL Sunwave
Takara Standard
Cleanup Corporation
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Kitchen Cabinet consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Kitchen Cabinet market by identifying its various subsegments.
Focuses on the key global Kitchen Cabinet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Kitchen Cabinet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Kitchen Cabinet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Kitchen Cabinet . Industry analysis & Market Report on Kitchen Cabinet is a syndicated market report, published as Global Kitchen Cabinet Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Kitchen Cabinet market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.