Saudi Arabia Modular Kitchen Market
Saudi Arabia Modular Kitchen Market, By Product Type (Floor Cabinets & Wall Cabinets, Tall Storage Cabinets, and Others), By Distribution Channel (Offline (Contractors, Builders), Online), By End-User (Residential, Commercial), By Region (Central, Eastern, Western, and Southern), Trend Analysis, Competitive Market Share & Forecast, 2018-2028
- Published Date: July 2022
- Report ID: BWC22223
- Available Format: PDF
- Page: 114
Report Overview
Saudi Arabia Modular Kitchen Market is flourishing owing to the rising disposable income of consumers, urbanization, and growing demand for space-saving, efficient storage along with the expanding real estate sector in the country...Saudi Arabia Modular Kitchen Market - Industry Trends & Forecast Report 2028
Saudi Arabia Modular Kitchen Market is predicted to grow at a CAGR of 9.7% during the forecast period (2022-2028). The rapid expansion of the market is predominantly due to the growing demand for space-saving, efficient storage that optimizes small space uses and thus supports the demand for modular kitchens. Also, a growing middle-class population, an increase in housing units, a decline in household size, a rise in premiumization, a shift in consumer preferences, and an increase in collaborations between contractors and developers of real estate projects for the design of modular kitchens. Moreover, as families become smaller and people live in smaller apartments, there is a growing need for efficient space utilization, which drives the demand for modular kitchens. Modular kitchens are made up of various types of cabinets and fixtures that are organized in a systematic way to maximize the use of kitchen space.
Modular Kitchen - Overview
A modern kitchen furniture plan known as a "modular kitchen" consists of modules of cabinets made of various materials that hold accessories and can help maximize the use of available space. Moreover, kitchen cabinets are pieces of built-in furniture that are frequently put in kitchens for the storage of food, cooking utensils, and frequently silverware and tableware. Appliances like stoves, dishwashers, and refrigerators are frequently built into kitchen cabinetry.
They can be built from a variety of materials, including melamine, high-pressure laminate, and wood. A modular kitchen can be made to order, and customers can select the kind, design, and material that best suits their preferences, needs, and budget.
Saudi Arabia Modular Kitchen Market Forecast and Trends
Growth Drivers
Rising Adoption of Smart Kitchen and Designer Reconstruction
For simple use of the stove, oven, and utensils, modular kitchens offer the user comfort and convenience. They also offer plenty of room for organizing appliances. The design of modular kitchens makes them simple to maintain and clean. Moreover, the user may easily install modular kitchens because all the modules and parts are premade and just need to be put together. They are simple to move for customers who could frequently change residences. In the event of any damage or defect, modular kitchens are also simple to repair because only one unit needs to be changed instead of the complete system.
Growing Demand for Space-Saving and Efficient Storage
A modular kitchen consists of a variety of fixtures and storage cabinets that are put together to maximize storage and provide the kitchen area in both home and commercial settings with an upscale appearance. Moreover, modular kitchens can be made in a variety of styles and pricing points to suit a customer's needs. Additionally, modular kitchens can be customized to order based on the customer's spending limit, personal preferences, and available space. Customers can match their kitchens' colors or choose a design that runs counter to the style of their home. This helps consumers stay within their budgetary constraints while yet allowing them to customize their kitchen.
Introducing new products Driving the market
Leading market participants have introduced new goods with enhanced capabilities. They have made the essential actions to increase the devices' accuracy and general performance. Island modular kitchens are among the most well-liked types of modular kitchens. This design not only offers a wonderful cooking experience but also plenty of room for storage with no obvious mess in the kitchen. It is a very flexible model since it provides the consumer the freedom to use the kitchen area in any way, they see fit, including for storage and dining needs.
Restraints
Expensive Installation Rates of Modular Kitchen Hinder the Market
These kitchens can be very expensive if you choose any of the high-end finishes. Branded accessories can also be more expensive than expected. Traditional kitchen cabinets are both labor and material intensive. As a result, some designs may become quite costly. This results in hindering the growth of the Saudi Arabia Modular Kitchen Market. Moreover, modular kitchens look great but are also high on maintenance. To keep the cabinets appearing brand new, it needs to clean them off regularly. This is particularly true if the kitchen cabinets have high-gloss coatings, which have a propensity to reveal spills and grease extremely fast. However, keeping a clean kitchen is a need in any kitchen, so this is not a drawback!
Impact of COVID-19 on Saudi Arabia Modular Kitchen Market
The COVID-19 pandemic-induced lockdown and economic crisis have affected several manufacturers. Many suppliers experienced substantial resource constraints in their material supply and logistics chains throughout the year, which had a notable negative impact on their operations. Furthermore, the complete shutdown of all commercial and industrial operations, except those that are essential, such as the food and healthcare industries, is causing an economic catastrophe in the nation. The business has slowed down due to the cessation of manufacturing and production activities, and the supply chain has been completely disrupted as a result of inactive commerce and transportation. As a result, enterprises could soon suffer significant losses.
Saudi Arabia Modular Kitchen Market - By Product Type
Based on the product type, the Saudi Arabia Modular Kitchen Market is segmented into Floor Cabinets & Wall Cabinets, Tall Storage Cabinets, and Others. Among these, Floor Cabinets & Wall Cabinets account for the largest share in the Saudi Arabia Modular Kitchen Market. Residents of the Kingdom of Saudi Arabia strongly favor the floor and wall cabinets in modular kitchens. Customized designs are becoming more popular as more people choose to create their kitchens. China, Vietnam, Turkey, Malaysia, and Italy are the top exporters of modular kitchen goods to Saudi Arabia. People throughout the region choose floor and kitchen cabinets because they provide kitchens elegance and provide spaces for meal preparation while also enabling homes to store food and other products in an organized manner.
Saudi Arabia Modular Kitchen Market - By End-User
Based on end-user, the Saudi Arabia Modular Kitchen Market is segmented into Residential, and Commercial. The residential segment now has the biggest market share and is likely to continue to do so during the forecast period (2022-2028). This is due to the rising urbanization, increasing modern residential construction in the country along with the growing demand for smart kitchens. As a result of rising real estate prices, residential units have become more compact. Modular kitchens provide more flexibility and efficient management of space in small houses. This influences the residential segment to dominate the market share in the upcoming years.
Saudi Arabia Modular Kitchen Market – By Region
Geographically, the Saudi Arabia Modular Kitchen Market is segmented into the Central, Eastern, Western, and Southern. The Eastern region segment is anticipated to dominate the growth of the Saudi Arabia Modular Kitchen Market owing to the rising population, urbanization, and changing living standards along with the expanded lifestyle plays a crucial role in fueling the demand for modular kitchens.
Competitive Landscape
The leading market players in the Saudi Arabia Modular Kitchen Market are Saudi Kitchen Line, Snaidero, Alkhaleejion Kitchen, Inter IKEA Systems B.V, Pedini, Hafele, Hacker Kitchens, Kitchen Net, Oakcraft Kitchen Cabinets, Al Joaib Group’s, and other prominent players.
The Saudi Arabia Modular Kitchen Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2018-2021 |
Base Year – 2021 |
|
Forecast – 2022 – 2028 |
|
Facts Covered |
Revenue in USD Billion |
Product Service/Segmentation |
By Product Type, By Distribution Channel, By End-User, By Region |
Key Players |
Saudi Kitchen Line, Snaidero, Alkhaleejion Kitchen, Inter IKEA Systems B.V, Pedini, Hafele, Hacker Kitchens, Kitchen Net, Oakcraft Kitchen Cabinets, Al Joaib Group’s, and other prominent players |
By Product Type
-
Floor Cabinets & Wall Cabinets
-
Tall Storage Cabinets
-
Others
By Distribution Channel
-
Offline
-
Contractors
-
Builders
-
Online
By End-User
-
Residential
-
Commercial
By Region
-
Central
-
Eastern
-
Western
-
Southern
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Saudi Arabia Modular Kitchen Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Landscape/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Saudi Arabia Modular Kitchen Market Overview
- Market Size & Forecast by Value, 2018-2028
- By Value (USD Million)
- Market Share & Forecast
- By Product Type
- Floor Cabinets & Wall Cabinets
- Tall Storage Cabinets
- Others
- By Distribution Channel
- Offline
- Contractors
- Builders
- Online
- Offline
- By End-User
- Residential
- Commercial
- By Region
- Central
- Eastern
- Western
- Southern
- By Product Type
- Market Size & Forecast by Value, 2018-2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership.)
- Impact of COVID-19 on Saudi Arabia Modular Kitchen Market Industry
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
- Saudi Kitchen Line
- Snaidero,
- Alkhaleejion Kitchen
- Inter IKEA Systems B.V
- Pedini
- Hafele
- Hacker Kitchens
- Kitchen Net
- Oakcraft Kitchen Cabinets
- Al Joaib Group’s
- Other Prominent Players
- Key Strategic Recommendations
Note: Financial in information in case of non-listed companies will be provided as per availability
The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Saudi Arabia Modular Kitchen Segmentation
Figure 2 Saudi Arabia Modular Kitchen Market Value Chain Analysis
Figure 3 Porter’s Five Forces Analysis
Figure 4 Saudi Arabia Modular Kitchen Market Size, By Value (USD Million), 2018-2028
Figure 5 Saudi Arabia Modular Kitchen Market Share, By Product Type, By Value, 2018-2028
Figure 6 Saudi Arabia Modular Kitchen Market Share, By Distribution Channel, By Value, 2018-2028
Figure 7 Saudi Arabia Modular Kitchen Market Share, By End-User, By Value, 2018-2028
Figure 8 Saudi Arabia Modular Kitchen Market Share, By Region, By Value, 2018-2028
Figure 9 Market Share Analysis, 2021
List of Tables
Table 1 Saudi Arabia Modular Kitchen Market Size, By Product Type, By Value, 2018-2028
Table 2 Saudi Arabia Modular Kitchen Market Size, By Distribution Channel, By Value, 2018-2028
Table 3 Saudi Arabia Modular Kitchen Market Size, By End-User, By Value, 2018-2028
Table 4 Saudi Arabia Modular Kitchen Market Size, By Region, By Value, 2018-2028
Table 5 Key Players and Their Offerings
Table 6 Competitive Benchmarking, By Operating Parameters
Table 7 Merger Acquisition, Partnership, Joint-Ventures etc.
Table 8 Saudi Kitchen Line Company Overview
Table 9 Saudi Kitchen Line Financial Overview
Table 10 Snaidero Company Overview
Table 11 Snaidero Financial Overview
Table 12 Alkhaleejion Kitchen Company Overview
Table 13 Alkhaleejion Kitchen Overview
Table 14 Inter IKEA Systems B.V. Company Overview
Table 15 Inter IKEA Systems B.V. Financial Overview
Table 16 Pedini Company Overview
Table 17 Pedini Financial Overview
Table 18 Hafele Company Overview
Table 19 Hafele Financial Overview
Table 20 Hacker Kitchens Company Overview
Table 21 Hacker Kitchens Financial Overview
Table 22 Kitchen Net Company Overview
Table 23 Kitchen Net Financial Overview
Table 24 Oakcraft Kitchen Cabinets Company Overview
Table 25 Oakcraft Kitchen Cabinets Financial Overview
Table 26 Al Joaib Group’s Company Overview
Table 27 Al Joaib Group’s Financial Overview
Market Segmentation
By Product Type
- Floor Cabinets & Wall Cabinets
- Tall Storage Cabinets
- Others
By Distribution Channel
- Offline
- Contractors
- Builders
- Online
By End-User
- Residential
- Commercial
By Region
- Central
- Eastern
- Western
- Southern
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