About Kitchen and Dining Furniture
Kitchen and Dining Furniture offer various types of furniture is being used in Kitchen and dining rooms. As increasing concerns towards interior designing and availability or furniture in different materials become the major driver for this market. The market in manufacturers in India are affected by GST.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented with numerous players. With the growing trend of customization, these players are manufacturing tailored furniture to increase their customer base. They are using customer interactive platforms to get customers to feedback on a regular basis. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Kitchen and Dining Furniture market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MasterBrand Cabinets (United States), Symphony Group (United States), Kohler (United States), Euro-Rite Cabinets (Canada), Diamond Cabinets (United States), Standard Furniture (United States), Reginox (India), Spacewood (India), Prentice (United Kingdom) and Masterclass Kitchens (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Premiere Kitchens (United Kingdom), Nilkamal (India), SieMatic Vondelpark (Netherlands), TRACHEA (Czech Republic), Bestar Home and Office furniture (United States), Herman Miller, Inc. (United States), Driade SpA (Italy) and Fontana Arte (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Kitchen and Dining Furniture market by Type (Kitchen Cabinets, Sinks, Worktops and Other), Application (Commercial and Household) and Region.
On the basis of geography, the market of Kitchen and Dining Furniture has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Wood will boost the Kitchen and Dining Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Kitchen and Dining Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Style, the sub-segment i.e. Traditional will boost the Kitchen and Dining Furniture market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Campaigns and Exhibition by Companies to Promote Their Brands and Products through Television Commercials and Social Media Platform and The Trend of Fully-Furnished Apartments
Market Growth Drivers:
Increasing Urbanisation and Demand for RTA (Ready to Assemble) Furniture, Rapid Popularity in Home Decorating Products and The shift in Consumer Lifestyle and Per-Capita Income
Challenges:
Low Demand from the Middle East Region
Restraints:
Fluctuation in the Prices of Raw Material and Intense Competition among Established Players
Opportunities:
Increasing Demand from the Asian Countries Due To High Number of Smart City Projects and Rising Demand As Faux Leather Furniture Is an Eco-Friendly Product and Prevents Killing of Animals
Market Leaders and their expansionary development strategies
In December 2022, MasterBrand, Inc., the largest residential cabinet manufacturer in North America, has completed its previously announced separation from Fortune Brands Innovations, Inc. (“Fortune Brands”) and is now an independent, publicly-traded company.
In October 2023, Leisure-first, subtle luxury and sophistication are trending across fashion, art and pop culture, and the home is no exception. MasterBrand Cabinets today released new data from a survey of more than 1,200 interior design industry experts giving an in-depth look at the emerging influences that will drive kitchen design in the coming year, including the announcement of its 2024 Finish of the Year, Foxhall Green.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Kitchen and Dining Furniture Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.