Modular Kitchen Market Size, Share, Growth, Trends
The global modular kitchen market was valued at USD 37.5 billion in 2023 and is expected to expand at a CAGR of 4.3% from 2024 to 2030. This growth is attributed to increasing demand for space-efficient, aesthetic, and customizable kitchen solutions. The market is anticipated to reach USD 50.2 billion by 2030. A modular kitchen refers to a pre-fabricated set of kitchen units that are made in a factory and then assembled in a kitchen space. These units, also called modules, are designed to optimize space, functionality, and aesthetics. Modular kitchens offer flexibility in design, as they can be customized to fit various shapes, sizes, and layouts, making them ideal for both large and compact spaces.