Dublin, May 09, 2019 (GLOBE NEWSWIRE) -- The "India Modular Kitchen Market By Design (L-Shaped Kitchen, U-Shaped Kitchen, Straight/One-walled & Others), By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage & Others), By Sales Category, Competition, Forecast & Opportunities, 2014-2024" report has been added to ResearchAndMarkets.com's offering.
The Indian modular kitchen market stood at $206 million in 2018 and is projected to grow at a CAGR of over 27% during 2019-2024 to reach $862 million by 2024, on the back of the growing demand for premiumization, rising middle class population and emergence of brands such as Livspace.
Moreover, growing internet user base, increasing number of residential construction projects, and surging number of partnerships between real estate project developers and modular kitchen manufacturers would drive the market.
Consumers in India are depicting willingness to experiment with designs, texture and nave color combinations. Consumers are increasingly looking at premium designs and features such as magic corners and kitchen island concepts to add more luxury touch to the cooking space.
Some of the major players operating in the Indian modular kitchen market are Hettich India Private Limited, Sleek International Private Limited, Godrej & Boyce Manufacturing Company Limited, Hafele India Private Limited, Oren Kitchen Appliances Private Limited, Meine Kuche India Pvt. Ltd., IFB Industries Ltd., Magppie Retail Limited, Lispo Kitchens Pvt. Ltd., Ebco Private Limited, etc.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study
- To analyze and forecast the Indian modular kitchen market size.
- To define, classify and forecast the Indian modular kitchen market on the basis of product type, design, sales category and region.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of product type, namely - floor & wall cabinets, tall storage, and others.
- To analyze and forecast the market share, in terms of value, for modular kitchen with respect to sales category, namely: retail sales and project sales.
- To analyze and forecast the market share, in terms of value, for modular kitchen with respect to region, namely: north, east, west and south.
- To identify tailwinds and headwinds for the Indian modular kitchen market.
- To evaluate pricing analysis in the Indian modular kitchen market.
- To get an idea about the consumers' brand awareness, preferred mode of buying, source of information, average monthly expenditure, factors influencing purchase decision are major factors impacting the buying decision related to the modular kitchen market.
- To strategically profile leading players operating in the Indian modular kitchen market.
Topics Covered
1. Modular Kitchen: An Introduction & Classification
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Sources of Information
4.2. Factors Influencing Purchase Decision
5. India Modular Kitchen Market Outlook (Including Organized and Unorganized)
6. India Organized Modular Kitchen Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Design (L-Shaped Kitchen, U-Shaped Kitchen, Straight/One-walled Kitchen and Others)
6.2.2. By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage and Others)
6.2.3. By Sales Category (Project Sales Vs. Retail Sales)
6.2.4. By Region (North, East, South and West)
6.2.5. By Leading City
6.2.6. By Company
6.3. Market Attractiveness Index (By Design and By Region)
7. India L-Shaped Modular Kitchen Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage and Others)
8. India U-Shaped Modular Kitchen Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage and Others)
9. India Straight/One-walled Modular Kitchen Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage and Others)
10. Supply Chain Analysis
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Policy & Regulatory Landscape
14. India Economic Profile
15. Competitive Landscape
15.1. Competition Outlook
15.2. Company Profiles
15.2.1. Hettich India Private Limited
15.2.2. Sleek International Private Limited
15.2.3. Godrej & Boyce Manufacturing Company Limited
15.2.4. Hafele India Private Limited
15.2.5. Oren Kitchen Appliances Private Limited
15.2.6. Meine Kuche India Pvt. Ltd.
15.2.7. IFB Industries Ltd.
15.2.8. Magppie Retail Limited
15.2.9. Lispo Kitchens Pvt. Ltd.
15.2.10. Ebco Private Limited
16. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/4gefqx