The Global Kitchen Cabinet Market Was Valued At $15 Billion In 2017 According To TBRC’s Latest Report


Posted August 27, 2018 by sainath

Asia Pacific was the largest geographic region accounting for $6.0 billion or 42.5% of the global market. China was the largest country accounting for $3.5 billion or 24.8% of the global kitchen cabinet market.

 
Kitchen cabinet market comprises firms engaged in producing bathroom vanities, plastics or wood laminated on wood kitchen cabinets, and countertops (except freestanding).

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The global kitchen cabinet market was valued at $15 billion in 2017, and is expected to be driven by the demand of consumers for modular kitchen sets with hi-tech implementation. Asia Pacific was the largest region in the kitchen cabinet manufacturing market in 2017, accounting for about two-fifth of the market share.

The kitchen cabinet market in The Business Research Company’s report is split into three segments: tall cabinets, sink cabinets, and shelving cabinets.

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China was the biggest player in the kitchen cabinet market in 2017, accounting for almost one-fourth of the market share. China was followed by India and Japan as the next largest countries in the market.
The top five competitors in the market are IKEA AB, Masco Corporation, Canyon Creek Cabinet Company, JPD Kitchen Depot and Shenandoah Cabinetry. IKEA was the largest player in 2017 with revenues exceeding 35 billion Euros. IKEA is a Swedish-founded Dutch-based multinational group that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories. It has been the world's largest furniture retailer for the last 10 years.

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Tags kitchen cabinet global market report , shelving cabinets research report , sink cabinets market research report , tall cabinets market report 2018
Last Updated August 27, 2018