GCC Modular Kitchens Market Expected to Surpass US$1,878 Million by 2027 | CAGR of 3.70%

GCC Modular Kitchens Market Driven by Increase in Infrastructure Development Projects

SAUDI ARABIA, GCC, Aug. 29, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, “GCC Modular Kitchen Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the of GCC’s modular kitchen market reached a value of US$1525 million in 2021. A modular kitchen refers to a contemporary concept of kitchen furniture arrangement designed according to customer requirements. It is mainly about organizing separate parts or subassemblies of the kitchen, such as drawers, cabinets and shelves, in a limited space. It helps in the optimal use of every corner of the space while efficiently utilizing storage systems and maximizing their functionality. In addition, it is easy to maintain and clean since the attached accessories are easily removable, ensuring thorough cleaning. It is available in a wide range of designs, materials, sizes and textures which can be customized with minor variations. Due to the aforementioned factors, the market is expected to reach a value of US$1,878 million by 2027, exhibiting a CAGR of 3.70% during 2022-2027.

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GCC Modular Kitchen Market Trends:

The GCC market is mainly driven by the growing demand for modern interior decorations among the masses. This is supported by high income levels and changing lifestyle preferences of individuals. Moreover, the significant growth in the construction sector is a key driver for the growth of the market in the GCC region. Along with this, increased investment by public and private enterprises in infrastructure development projects and increase in remodeling and renovation of existing buildings are creating positive market outlook. Additionally, the widespread popularity of vacation rentals due to the emerging travel and tourism sector is catalyzing the demand for modular kitchens. Moreover, growing internet base and popularity of social media among the masses are seen as major growth factors. In this light, continuous improvements in the e-commerce sector and the emergence of online delivery models are further propelling the demand for products. Other factors including the growing expatriate population and growing demand for practical and custom kitchens with diverse design offerings are also positively influencing the market across the GCC.

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Key Market Segmentation:

Breakdown by product type:

• Type of floor cabinet
• Type of wall cabinet
• Type of high storage

Break by design:

• L-shape
• U-shape
• Parallel
• Right
• Island
• Peninsula

Breakdown by material used:

• Lacquered wood
• High pressure laminates
• Wood veneers
• Melamine
• Metal
• Others (Glass, Acrylic, etc.)

Breakdown by distribution channel:

• On line
• Offline

Information about the region:

• Saudi Arabia
• WATER
• Qatar
• Kuwait
• Bahrain
• Oman

Note: If you need specific information that is not currently covered by the report, we can provide it to you as part of the customization.

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Elena Anderson
IMARC Services Private Limited
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