India Modular Kitchen Market to be Fueled by L-Shaped Kitchen Segment During the Forecast Period
Rising demand for space
saving and efficient storage and growth of residential construction are the
leading factors that will drive the India Modular Kitchen market in the
forecasted years.
According to
TechSci Research report, “India Modular Kitchen Market – By Region,
Competition, Forecast & Opportunities, 2029F”. India modular kitchen market is forecasted
to grow at faster rate during the forecast period due to increasing demand for
functional and modern kitchen, increasing number of working professionals, and
rising demand for space saving and efficient storage. The market's growth is also
stimulated by growth of construction rate in the residential sector, rising
awareness of home designs and aesthetics, rising disposable income, and launch
of variety of designs of modular kitchen.
A modular kitchen
is a modern type of kitchen design that involves the use of pre-manufactured
cabinets, drawers, and other components to create a functional and modern
kitchen space. It allows easy customization and flexibility in terms of layout,
color, materials, and functionality. The use of high-quality materials like
wood, stainless steel and lamination ensures that modular kitchen is durable
and long lasting.
Modular kitchens
are made up of standardized units that can be easily assembled, disassembled,
and rearranged as per the user's preference. These units can include cabinets,
drawers, shelves, and other storage options, as well as appliances such as
ovens, cooktops, and refrigerators. Modular kitchens are designed to maximize
the use of available space, allowing efficient storage and organization of
kitchen tools and appliances. They are easy to install and can be
assembled in a short time, reducing the overall installation time and labor
costs. They
come in a wide range of designs, colors, and materials, allowing manufacturers
to create a stylish and modern kitchen that suits customers’ taste. Moreover, consumers
are becoming more environmentally conscious and are looking for sustainable
options. Modular kitchens made from eco-friendly materials are becoming more
popular among consumers.
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The growth of the
real estate sector in India has contributed to the demand for modular kitchens.
As more people are buying homes, developers and builders are offering modular
kitchens as a standard feature to attract the attention of buyers. With
changing lifestyles and busy schedules, consumers are looking for quick and
easy solutions for their kitchen needs. Modular kitchens offer a hassle-free
and efficient cooking experience, making them a popular choice among consumers.
The India modular
kitchen market is segmented based on design, product type, sales category, and
region.
Based on
design, the
market is segmented into L-Shaped Kitchen, U-Shaped Kitchen,
Straight/One-walled Kitchen and Others (G-Shaped, I-Shaped etc.). The market is
dominated by L-Shaped Kitchen as it provides the best possible use of floor
area, making it perfect for compact household.
Based on
product type,
the market is segmented into floor cabinets, wall cabinets and tall storage.
Based on sales
category,
the market is segmented into retail and non-retail.
Based on
region, the
market is divided into north, south, east, and west.
Key market
players in the India modular kitchen market include:
- Hettich India
Private Limited
- Sleek International
Private Limited
- Godrej And Boyce
Manufacturing Company Limited
- Häfele India Private
Limited
- Meine Kuche India
Private Limited
- IFB Industries Ltd.
- Magppie Retail
Limited
- Lispo Kitchens
Private Limited
- Panasonic Life
Solutions India Private Limited
- Kohler
India Corporation Private Limited
Companies
are launching various designs of modular kitchen to remain competitive in the
market. For instance, Wurfel launched its first retail studio
in New Delhi. With 43 studios spread across the country, Würfel has entirely
transformed the traditional Indian kitchen with its European products,
providing luxurious experience. The company offers various modular kitchen
designs such as Rhine kitchen, Pulse kitchen and Plume kitchen etc. In order to
maintain high standards for quality, Würfel's products are manufactured using
German machinery with a 0.5mm of tolerance and only E1 grade boards
from (Forest Stewardship Council) FSC-certified forests. Thus, the launch of
various innovative designs of modular kitchen will fuel the market in the forecasted
period.
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“The increasing demand for modular kitchen from hospitality and food service industry
is going to boost the India Modular kitchen market in forecasted period. Market
leaders are constantly launching modern designs of modular kitchen to meet the
changing consumer preference, which is expected to drive the India Modular
kitchen over the next few years. Additionally, the growth of residential
construction industry, rising demand for space saving and efficient storage, and
increasing number of working professionals, will positively impact the India modular
kitchen during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“India Modular Kitchen
Market, By Design (L-Shaped Kitchen, U-Shaped Kitchen, Straight/One-walled
Kitchen and Others (G-Shaped, I-Shaped etc.), By Product Type (Floor Cabinets, Wall
Cabinets and Tall Storage), By Sales Category (Retail and Non-Retail), By
Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated the future growth
potential of modular kitchen market in India and provides statistics and information on market structure,
size, share and future growth. The report is intended 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 present in India modular
kitchen market.
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