The GCC modular kitchen market reached a value of US$ X Million in 2018. A modular kitchen is a term used for a kitchen furniture layout that consists of modules of cabinets made up of various materials that hold accessories inside and can facilitate the efficient utilization of spaces in a kitchen.
Catalyzed by factors such as the recovery in oil prices, strong growth in the housing sector and rising urban population, the GCC modular kitchen market is currently exhibiting strong growth. During 2019-2024, we expect this market to exhibit a CAGR of X% reaching a value of US$ X Million by 2024.
GCC Modular Kitchen Market Drivers:
Product type insights:
On the basis of product type, the GCC modular kitchen market has been segmented as Floor Cabinet, Wall Cabinet and Tall Storage. Currently, the Floor Cabinet type accounts for the majority of the market share.
On the basis of design/layout type, the GCC modular kitchen market has been segmented as L-shape, U-shape, Parallel, Straight, Island and Peninsula.
Material Used Insights:
Based on the type of material used, the GCC modular kitchen market has been divided as Lacquer Wood, High Pressure Laminates, Wood Veneers, Melamine and Metals. Amongst these, Lacquered Wood accounts for the majority of the market share.
Distribution Channel Insights:
Based on the distribution channel, the GCC modular kitchen market has been divided into Online and Offline. Currently, the Offline distribution channel accounts for the majority of the market share.
GCC Region Insights:
Region-wise, the market has been divided into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain and Oman. Amongst these, Saudi Arabia is the biggest market, accounting for the majority of the modular kitchen market in the GCC region.
The competitive landscape of the GCC modular kitchen market has also been analyzed in this report.
This report provides a deep insight into the GCC modular kitchen market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the modular kitchen market in any manner.
Key Questions Answered in This Report:
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