Vietnam Kitchen Furniture Market to Grow with a CAGR of 8.47% through 2030F
The Vietnam Kitchen
Furniture Market is expanding due to rising health awareness, lifestyle changes, government
wellness initiatives, increasing gym memberships, and growing investments in
fitness infrastructure and services.
According
to TechSci Research report, “Vietnam Kitchen Furniture Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the Vietnam Kitchen Furniture Market was
valued at USD 221.42 Million in 2024 and is expected to reach USD 359.44 Million by 2030 with a CAGR of 8.47% during the forecast period. The Vietnam kitchen furniture market
is experiencing robust growth, fueled by multiple socio-economic factors that
are transforming the country’s residential and commercial landscape. Rapid
urbanization, increasing disposable incomes, and a rising middle class have
together driven demand for modern, functional, and stylish kitchen furniture.
As more Vietnamese households embrace urban living in apartments and newly
built homes, the kitchen space has evolved into a crucial area that blends
utility with aesthetics, creating new opportunities for furniture
manufacturers, suppliers, and designers. This shift is not only reflective of
lifestyle changes but also indicative of Vietnam’s broader economic development
and modernization trends.
Vietnam’s construction boom has played a
pivotal role in catalyzing the kitchen furniture market. Government-backed
infrastructure development, real estate projects, and a surge in residential
housing—particularly in metropolitan hubs such as Hanoi, Ho Chi Minh City, and
Da Nang—have escalated demand for quality kitchen furniture. This rapid growth
in new housing projects demands efficient, space-saving, and customizable
kitchen solutions that can cater to the diverse needs of urban consumers.
Modern kitchen furniture, including cabinets, countertops, and modular systems,
offers the perfect blend of durability, design, and practicality, appealing to
younger, design-conscious homeowners who seek to optimize limited space.
Consumer preferences in Vietnam are
shifting significantly towards customization and multi-functionality. Today’s
buyers want kitchen furniture that reflects their personal style while
providing smart storage solutions to maximize kitchen usability. This trend is
closely linked to lifestyle changes, as Vietnamese families spend more time
cooking and socializing in the kitchen area. Consequently, manufacturers are
innovating by integrating new materials, finishes, and technologies to create
adaptable and attractive kitchen setups. From modular cabinets with adjustable
shelving to integrated lighting and durable surfaces, furniture providers are
focusing on blending form with function to meet these growing demands.
Sustainability and environmental
concerns are becoming increasingly important in the Vietnamese market,
mirroring global trends. Consumers are showing preference for furniture made
from eco-friendly and sustainable materials, such as certified wood, recyclable
composites, and low-VOC finishes. This rise in environmental awareness has
encouraged manufacturers to adopt greener production processes and source
materials responsibly. Government regulations and international standards also
support these sustainable initiatives, further pushing the market towards
eco-conscious solutions. This shift not only appeals to environmentally aware
consumers but also enhances the reputation and competitiveness of brands
operating in the Vietnamese kitchen furniture space.
Technology integration within kitchen
furniture is an emerging trend that is reshaping the market landscape. The
adoption of smart home technologies has led to kitchen furniture incorporating
features like automated drawers, built-in charging stations, sensor-based
lighting, and modular designs compatible with smart appliances. This trend
aligns with the growing tech-savvy consumer base in urban Vietnam, particularly
millennials and young professionals who seek convenience and connectivity in
every aspect of their home environment. The fusion of traditional craftsmanship
with modern technology is enabling manufacturers to offer innovative products
that improve kitchen efficiency and enhance user experience.
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" Vietnam Kitchen Furniture Market”
The Vietnam
Kitchen Furniture Market is segmented into furniture type, sales channel, regional
distribution.
Based
on sales channel online represent the fastest-growing segment in the Vietnam
Kitchen Furniture Market. This growth is driven by increasing internet
penetration and the rising popularity of e-commerce platforms. Vietnamese
consumers, especially younger generations, prefer the convenience of browsing
extensive product ranges, comparing prices, and reading reviews from home. The
COVID-19 pandemic accelerated this shift as more people turned to online
shopping for safety and accessibility. Additionally, digital marketing, virtual
showrooms, and augmented reality tools enhance the online buying experience,
making it easier for customers to visualize kitchen furniture in their homes.
As a result, manufacturers and retailers are heavily investing in their online
presence to capture this expanding market segment.
Based on region, Southern region of Saudi Arabia are the
fastest-growing segments in the Vietnam Kitchen Furniture Market. Increasing
urbanization, higher disposable incomes, and greater health awareness in these
areas are driving demand for ethical and natural beauty products. Consumers in
these regions are more exposed to global beauty trends through digital media,
fueling interest in vegan and cruelty-free cosmetics. Additionally, expanding
retail infrastructure and growing e-commerce adoption enhance product
accessibility. As awareness about skin health and sustainability rises, the
Northern and Central regions are becoming key growth hubs, contributing
significantly to the overall expansion of the Vietnam Kitchen Furniture Market.
Major companies
operating in Vietnam Kitchen Furniture Market are:
- Vina Cabinetry
- Hangzhou Panaisa Sanitary Ware Co., Ltd.
- POGGENPOHL Vietnam
- Pacific Craftworks
- IKEA Vietnam Co., Ltd.
- Truong Thang Co., Ltd.
- Star Marine Furniture Company Ltd
- Cabinetry factory
- ALC Corp. (Casta)
- Vietnam Blue Lake Furniture
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“The Vietnam Kitchen Furniture Market is
poised for sustained growth, supported by ongoing urbanization, evolving
consumer preferences, and increased spending on home improvement. Expansion of
e-commerce platforms will further democratize access to a wider range of
kitchen furniture options, enabling consumers from smaller cities and rural
areas to participate in the market. Manufacturers focusing on innovation,
customization, and sustainable practices are likely to capture significant
market share. Moreover, partnerships with international brands and investment
in local production capabilities will enhance product diversity and quality.”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Vietnam Kitchen
Furniture Market By Furniture Type (Kitchen Cabinets, Kitchen Chairs, Kitchen
Tables, Others), By Sales Channel (Supermarkets/Hypermarkets, Specialty Stores,
Online, Others), By Region, Competition Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential
of Vietnam Kitchen Furniture Market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
the Vietnam Kitchen Furniture Market.
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