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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