Global Kitchen Cabinet Sales Market Report 2020

Kitchen cabinets are the built-in furniture installed in many kitchens for storage of food, cooking equipment, and often silverware and dishes for table service. Appliances such as refrigerators, dishwashers, and ovens are often integrated into kitchen cabinetry.
Kitchen Furniture production enterprises are much less concentrated than in other industries and most of these are small and medium-sized. As a result of the low industry concentration, there are hardly any brands with strong influence in the market. However, after years of competition, a number of branded enterprises of a certain scale and possessing considerable strength have emerged. In South Korea domestic market, Hanssem takes the largest share of Kitchen Furniture for many years based on its strong sales channel.

Today, Kitchen furniture brands are no longer fighting for first-tier cities but are gradually shifting their focus to the furniture market in second- and third-tier cities. New construction and Kitchen remodeling has also spurred the growth of home marts in second- and third-tier cities. Besides, the market for Kitchen furniture marts and brands is almost saturated in first-tier cities. While the economic and consumption scale is smaller in second- and third-tier cities, the market offers more room for development. So tapping into the medium- and low-end market will become a key marketing strategy.

Market Analysis and Insights: Global Kitchen Cabinet Market
The global Kitchen Cabinet market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Kitchen Cabinet Scope and Market Size
The global Kitchen Cabinet market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Kitchen Cabinet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Kitchen Cabinet market is segmented into
Luxury segment (kitchens with prices of over USD 7,500)
Upper-end market (kitchens with prices of between USD 5,000 and USD 7,500)
Upper-middle price segment (kitchens priced between USD 3000 and USD 5,000)
Middle price segment (kitchens priced between USD 2000 and USD 3000)
Middle-low segment (kitchens priced between USD 1000 and USD 2000)
Low-end price segment (including kitchens with prices lower than USD 1000)

Segment by Application, the Kitchen Cabinet market is segmented into
Residential
Restaurants

The Kitchen Cabinet market is analysed and market size information is provided by regions (countries). Segment by Application, the Kitchen Cabinet market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Kitchen Cabinet Market Share Analysis
Kitchen Cabinet market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Kitchen Cabinet business, the date to enter into the Kitchen Cabinet market, Kitchen Cabinet product introduction, recent developments, etc.

The major vendors covered:
Hanssem
LIXIL Sunwave
Takara Standard
Cleanup Corporation