Asia-Pacific Modular Kitchen Market Growth, Size, Trends, Revenue, Demand and Future Outlook

Asia-Pacific Modular Kitchen Market Size- By Product, By Distribution Channel, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Asia-Pacific Modular Kitchen Market Size- By Product, By Distribution Channel, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Feb 2024 Report ID: FMCG2433 Pages: 1 - 157 Formats*:     
Category : Consumer & Retail
Asia-Pacific Modular Kitchen Market Introduction and Overview 

According to SPER Market Research, the Asia-Pacific Modular Kitchen Market is estimated to reach USD 2.57 billion by 2033 with a CAGR of 6.52%.

The report includes an in-depth analysis of the Asia-Pacific Modular Kitchen Market, including market size and trends, product mix, distribution channels, and supplier analysis. A modern kitchen with furniture built in modules or units is referred to as a modular kitchen. The concept of the module is where the name "modular kitchen" comes from. They are made up of discrete pieces or modules that are assembled to create a whole kitchen. They are made up of standard-sized cabinets or storage units that are customized to fit the dimensions and design of the kitchen. Modular kitchen designs replicate flexibility and agility by disassembling large systems into their component parts and meeting a range of customer needs. Typically, they are a mix of base and wall units.

  • November 2022: The I-Class Kitchen, the newest modular kitchen line from Panasonic Life Solutions India, a manufacturer of electronics, housing, and electrical construction materials, was introduced. Although it will be locally manufactured by an original design manufacturer in Gujarat, the design elements were anticipated to be similar to those of an L-class kitchen.
  • August 2022: Matrix Drawer and Runner Systems, Free Flap Fittings, Metalla 510 Furniture Hinges, and Wire Storage Solutions were among the new kitchen and home solutions that Hafele India introduced.  
Asia-Pacific Modular Kitchen Market
Market Opportunities and Challenges

Opportunities: The demand for modular kitchens in the region will also be influenced by the growing middle class, the desire for premiumization, the desire for space-saving, the rapidly expanding residential construction industry, the growing number of partnerships between real estate project developers and modular kitchen manufacturers, and the declining square footage of households. The demand for upscale goods like modular kitchens rises along with the population's disposable income. The demand for practical, adaptable kitchens with lots of design options is what is primarily driving the growth of the modular kitchen market.

Challenges: The growth and development of the Asia-Pacific modular kitchen market is hindered by various challenges. The variety of cultural inclinations and lifestyle choices in the area presents a major obstacle. Offering designs that are universally appealing is a challenge for manufacturers of modular kitchens because different countries in Asia-Pacific have different eating habits, culinary traditions, and spatial preferences. Furthermore, the region's economies differ from one another, which affects consumers' ability to afford luxury modular kitchen solutions and their commitment to making such an investment. The implementation of standardized modular kitchen installations is hampered by variations in kitchen sizes and layouts as well as infrastructure constraints.

Asia-Pacific Modular Kitchen Market


Market Competitive Landscape
The modular kitchen market in Asia-Pacific is fragmented, with a number of international, regional, and local competitors operating there. Manufacturers are experimenting with new designs, color schemes, and textures for their modular kitchens. They are also offering extra services like installing prefabricated cabinets and creating kitchen designs online. Godrej & Boyce Mfg. Co. Ltd., Sleek International Pvt. Ltd., Hafele Gmbh & Co KG, IFB Industries Ltd., and Hettich Holding GmbH & Co. are the main players in this market.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments covered
By Product, By Distribution Channel, By End User
 Regions covered
India, China, South Korea, Japan, Rest of Asia-Pacific
 Companies Covered
Godrej and Boyce Mfg, Hafele, IFB Industries Ltd, Kajiwara Inc., Kohler, Oppein Kitchen Cabinet, Spacewood, Style Spa, Yalig Kitchen Cabinet, Zbom Kitchen Cabinet, Zuari Furniture, Others
COVID-19 Impact on Asia-Pacific Modular Kitchen Market
As a result of the COVID-19 pandemic, kitchen designs in the post-pandemic era are more open and modular, with an environment that is better suited for warehousing and cooking. Following the COVID-19 pandemic, the market saw a period of growth, which is attributable to the persistence of people working from home and an increase in disposable income.

Key Target Audience:
  • Homeowners and Consumers
  • Real Estate Developers and Builders
  • Interior Designers and Architects
  • Modular Kitchen Manufacturers
  • Retailers and Distributors
  • Home Improvement Stores
  • E-commerce Platforms
  • Contractors and Installers
  • Government and Regulatory Bodies
  • Industry Associations and Trade Shows
Our in-depth analysis of the Asia-Pacific Modular Kitchen Market includes the following segments:
By Product:
  • Floor Cabinet & Wall Cabinets
  • Tall Storage Cabinets
  • Others
  • By Distribution Channel:
  • Offline
  • Online
  • By End User:
  • Residential
  • Commercial
  • Key Topics Covered in the Report:
    • Asia-Pacific Modular Kitchen Market Size (FY’2023-FY’2033)
    • Overview of Asia-Pacific Modular Kitchen Market
    • Segmentation of Asia-Pacific Modular Kitchen Market By Product (Floor  Cabinet & Wall Cabinets, Tall Storage Cabinets, Others)
    • Segmentation of Asia-Pacific Modular Kitchen Market By Distribution Channel (Offline, Online)
    • Segmentation of Asia-Pacific Modular Kitchen Market By End User (Residential, Commercial)
    • Expansion Analysis of Asia-Pacific Modular Kitchen Market
    • Problems and Obstacles in Asia-Pacific Modular Kitchen Market
    • Competitive Landscape in the Asia-Pacific Modular Kitchen Market
    • Impact of COVID-19 and Demonetization on Asia-Pacific Modular Kitchen Market
    • Details on Current Investment in Asia-Pacific Modular Kitchen Market
    • Competitive Analysis of Asia-Pacific Modular Kitchen Market
    • Prominent Players in the Asia-Pacific Modular Kitchen Market
    • SWOT Analysis of Asia-Pacific Modular Kitchen Market
    • Asia-Pacific Modular Kitchen Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Asia-Pacific Modular Kitchen Market

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Asia-Pacific Modular Kitchen Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Modular Kitchen Market 

    7. Asia-Pacific Modular Kitchen Market, By Product (USD Million)
    7.1. Asia-Pacific Modular Kitchen Market Value Share and Forecast, By Product, 2023-2033
    7.2. Floor  Cabinet & Wall Cabinets
    7.3. Tall Storage Cabinets
    7.4. Others

    8. Asia-Pacific Modular Kitchen Market, By Distribution Channel (USD Million)
    8.1. Asia-Pacific Modular Kitchen Market Value Share and Forecast, By Distribution Channel, 2023-2033
    8.2. Offline
    8.3. Online

    9. Asia-Pacific Modular Kitchen Market, By End User (USD Million)
    9.1. Asia-Pacific Modular Kitchen Market Value Share and Forecast, By End User, 2023-2033
    9.2. Residential
    9.3. Commercial

    10. Asia-Pacific Modular Kitchen Market Forecast, 2019-2033 (USD Million)
    10.1. Asia-Pacific Modular Kitchen Market Size and Market Share

    11. Asia-Pacific Modular Kitchen Market, By Product, 2019-2033 (USD Million)
    11.1. Asia-Pacific Modular Kitchen Market Size and Market Share By Product (2019-2026)
    11.2. Asia-Pacific Modular Kitchen Market Size and Market Share By Product (2027-2033)

    12. Asia-Pacific Modular Kitchen Market, By Distribution Channel, 2019-2033 (USD Million)
    12.1. Asia-Pacific Modular Kitchen Market Size and Market Share By Distribution Channel (2019-2026)
    12.2. Asia-Pacific Modular Kitchen Market Size and Market Share By Distribution Channel (2027-2033)

    13. Asia-Pacific Modular Kitchen Market, By End User, 2019-2033 (USD Million)
    13.1. Asia-Pacific Modular Kitchen Market Size and Market Share By End User (2019-2026)
    13.2. Asia-Pacific Modular Kitchen Market Size and Market Share By End User (2027-2033)

    14. Asia-Pacific Modular Kitchen Market, By Region, 2019-2033 (USD Million)
    14.1. Asia-Pacific Modular Kitchen Market Size and Market Share By Region (2019-2026)
    14.2. Asia-Pacific Modular Kitchen Market Size and Market Share By Region (2027-2033)
    14.3. India
    14.4. China
    14.5. South Korea
    14.6. Japan
    14.7. Rest of Asia-Pacific

    15.  Company Profile
    15.1. Godrej and Boyce Mfg
    15.1.1. Company details
    15.1.2. Financial outlook
    15.1.3. Product summary 
    15.1.4. Recent developments
    15.2. Hafele
    15.2.1. Company details
    15.2.2. Financial outlook
    15.2.3. Product summary 
    15.2.4. Recent developments
    15.3. IFB Industries Ltd
    15.3.1. Company details
    15.3.2. Financial outlook
    15.3.3. Product summary 
    15.3.4. Recent developments
    15.4. Kajiwara Inc.
    15.4.1. Company details
    15.4.2. Financial outlook
    15.4.3. Product summary 
    15.4.4. Recent developments
    15.5. Kohler
    15.5.1. Company details
    15.5.2. Financial outlook
    15.5.3. Product summary 
    15.5.4. Recent developments
    15.6. Oppein Kitchen Cabinet
    15.6.1. Company details
    15.6.2. Financial outlook
    15.6.3. Product summary 
    15.6.4. Recent developments
    15.7. Spacewood
    15.7.1. Company details
    15.7.2. Financial outlook
    15.7.3. Product summary 
    15.7.4. Recent developments
    15.8. Style Spa
    15.8.1. Company details
    15.8.2. Financial outlook
    15.8.3. Product summary 
    15.8.4. Recent developments
    15.9. Yalig Kitchen Cabinet
    15.9.1. Company details
    15.9.2. Financial outlook
    15.9.3. Product summary 
    15.9.4. Recent developments
    15.10. Zbom Kitchen Cabinet
    15.10.1. Company details
    15.10.2. Financial outlook
    15.10.3. Product summary 
    15.10.4. Recent developments
    15.11. Zuari Furniture
    15.11.1. Company details
    15.11.2. Financial outlook
    15.11.3. Product summary 
    15.11.4. Recent developments
    15.12. Others

    16. Reference Links

    17. Conclusion

    18. Research Scope 

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Asia-Pacific Modular Kitchen Market is projected to reach USD 2.57 Billion by 2033, growing at a CAGR of 6.52% during the forecast period.
    Asia-Pacific Modular Kitchen Market grew in market size from 2023. The Market is expected to reach USD 2.57 Billion by 2033, at a CAGR of 6.52% during the forecast period.
    Asia-Pacific Modular Kitchen Market CAGR of 6.52% during the forecast period.
    Asia-Pacific Modular Kitchen Market size is USD 2.57 Billion from 2023 to 2033.
    Asia-Pacific Modular Kitchen Market Segment is Covered By Product, By Distribution Channel, By End User
    The Asia-Pacific region is anticipated to have the highest market share in Asia-Pacific Modular Kitchen Market.
    The key players in the market include Companies Covered Godrej and Boyce Mfg, Hafele, IFB Industries Ltd, Kajiwara Inc., Kohler, Oppein Kitchen Cabinet, Spacewood, Style Spa, Yalig Kitchen Cabinet, Zbom Kitchen Cabinet, Zuari Furniture, Others
    The demand for modular kitchens in the region will also be influenced by the growing middle class, the desire for premiumization, the desire for space-saving, the rapidly expanding residential construction industry, the growing number of partnerships between real estate project developers and modular kitchen manufacturers, and the declining square footage of households.
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