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LONDON, GREATER LONDON, UNITED KINGDOM, June 23, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
What Is The Growth Trajectory Of The Kitchen Cabinet Market?
The global kitchen cabinet market’s impressive surge in recent years illustrates a powerful trend. From its size of $163.75 billion in 2024, it is projected to grow to $176.9 billion in 2025, at a compound annual growth rate CAGR of 8.0%. This growth during the historic period can be largely apportioned to factors including a housing boom, traditional design trends, economic stability, material preferences, limited customization, and functional considerations.
What Does The Future Hold For Kitchen Cabinet Market Size And Growth?
Further growth is expected in the kitchen cabinet market size in the coming years. Its value is projected to reach a substantial $235.25 billion in 2029, at a compound annual growth rate CAGR of 7.4%. This projected growth during the forecast period can largely be attributed to modern design trends, renovation and remodeling trends, customization and personalization, material innovation, and smart kitchen integration. Additional game-changing trends predicted to impact the forecast period include digitalization and E-Commerce, smart and integrated solutions, sustainable materials and eco-friendly designs, customization and modular designs, color and design trends, online purchases, and virtual showrooms.
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What Are The Key Drivers Influencing The Kitchen Cabinet Market?
One significant driving force behind the growth of the kitchen cabinet market is the increasing construction of residential buildings. Residential buildings, encompassing all permanent or temporary structures designed for private occupancy, need to be equipped with the amenities and utilities to meet individual or family needs. In these buildings, kitchen cabinets find frequent use as storage for various products such as store equipment, cookbooks, and baking and cooking supplies. This, in turn, propels the growth of the kitchen cabinet market.
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Who Are The Key Players In The Kitchen Cabinet Market?
The kitchen cabinet market is populated with numerous major companies. These include names like IKEA AB, Masco Corp, Leggett & Platt Incorporated, Cabot Companies Inc., Oppein Home Products Inc., Master Brand Cabinets Inc., Takara Standard Co Ltd., American Woodmark Corporation, Nobilia Küchen GmbH, Hanssem Co Ltd., ZBOM Holding Group Co Ltd., Cabinetwork Group Inc., GoldenHome Living Co Ltd., Wood-Mode LLC, Wellborn Cabinet Inc., Bulthaup GmbH & Co KG, Leicht Kitchen AG, Fabuwood Cabinetry, Bellmont Cabinet Co, KraftMaid Cabinetry, Master Wood Craft Cabinetry LLC, Canyon Creek Cabinet Company, Poggenpohl Küchen GmbH & Co KG, JPD Kitchen Depod Inc., AC Products Inc., LIXIL Group Corporation, Fine Kitchen Cabinet, and SieMatic Möbelwerke GmbH & Co KG.
What Are The Emerging Trends In The Kitchen Cabinet Market?
Notably, technology innovation is a key emerging trend gaining popularity in the kitchen cabinet market. Companies operating in this market are adopting new technologies to sustain their competitive position.
How Is The Kitchen Cabinet Market Segmented?
The kitchen cabinet market has been segmented by:
1 Type: Ready To Assemble RTA, Stock Kitchen Cabinets, Semi-Custom Kitchen Cabinets, Custom Kitchen Cabinets
2 Raw Material: Wood, Metal, Other Raw Materials
3 Distribution Channel: Retail, Online, Other Distribution Channels
4 Application: Home, Restaurants, Other Applications
Subsegments include:
1 Ready To Assemble RTA: Flat-Pack Cabinets, DIY Assembly Cabinets
2 Stock Kitchen Cabinets: Standard Size Cabinets, Pre-Designed Cabinet Styles
3 Semi-Custom Kitchen Cabinets: Adjustable Sizes And Configurations, Limited Design Options
4 Custom Kitchen Cabinets: Tailor-Made Cabinets, Unique Designs And Features
What Are The Regional Insights Into The Kitchen Cabinet Market?
Asia-Pacific was the largest region in the kitchen cabinet market in 2024. It is also expected to be the fastest-growing region in this global market during the forecast period. The market report also covers other regions including Western Europe, Eastern Europe, North America, South America, Middle East, Africa, and countries such as Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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