modular kitchen market in india 2015-2019
TRANSCRIPT
Covered in this Report
• This report covers the present scenario and the growth prospects of the modular kitchen market in India for the period 2015-2019.
• It also includes the revenue generated from historical sales of modular kitchens in the country.
• In this report, we determined the market size according to the revenue generated by sales of modular kitchens in India, and estimated the growth prospects of the market after an analysis of the present market conditions.
• In addition, the report discusses the major drivers that influence the growth of the market, the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Modular Kitchen Market in India
2015-2019
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Market Overview• A modular kitchen comprises a range of fixtures and
cabinets put together in a planned manner to facilitate effective usage of kitchen space.
• A modular kitchen normally consists of wooden cabinets; countertops; internal accessories such as built-in covered baskets; and household and kitchen appliances such as a washbasins, dishwashers, chimneys, cooking range/stoves, and microwave ovens.
• It is custom designed, and customers can choose from a variety of options, features, colors, and patterns.
• Technavio's analysts forecast the modular kitchen market in India to grow at a CAGR of 51.87% over the period 2014-2019.
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Key Vendors and Regions
• Godrej and Boyce
• IFB Industries
• Oren Kitchen Appliances
• Sleek International
• Häcker Küchen
• Hindware Home Retail
• Poggenpohl
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• India
Vendors Regions
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Key Findings• With a rise in the number of new vendors entering the modular kitchen market in
India, there has been a significant rise in the number of joint ventures.
• The foreign vendors entering the market are engaging in tie-ups and joint ventures with domestic players for assistance in the sales and distribution of their products.
• High demand for European-style modular kitchens has been observed because of their clutter-free, trendy, and modern patterns, with a range of subtle colors compared to Indian designs.
• Incorporated lighting, soft closing doors, and high-end accessories such as built-in hobs have become common in modular kitchens in India.
• The current trend includes handle-less doors, soft closing drawers, top-openable glass doors, rust-proof and grease-resistant countertops, waterproof cabinets, and built-in appliances.
• Pastel shades and wooden finish kitchens are highly adopted in the modular kitchen market in India.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Modular Kitchen Market in India 2015-2019
51 Pages | SKU: IRTNTR6662
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