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Kitchen Furniture and Fixture Market Share

Report ID: GMI8543
Published Date: Mar 2024
Report Format: PDF

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Kitchen Furniture and Fixture Market Share

Global Company Market Share Analysis (%) (2023)

In 2023, dominant market players, including IKEA, Standard Furniture, Alno, Masterbrand Cabinets, American Woodmark Corporation, and Masco Corporation collectively hold a substantial 25 to 30% market share. This market is a highly fragmented market as it consists of more than 500 players. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their innovation capacity, user friendly designs and incorporate new technologies, allowing them to stay ahead of the competition.

Kitchen Furniture and Fixture Market Companies

Major players operating in the kitchen furniture and fixture industry are:

Allmilmo
Alno Inc.
American Woodmark
Euro-rite Cabinets
Golden Home
Hafele
IKEA
Kohler Company
Lowe’s
Masco Corporation
Master Brands Cabinets
Nobia AB
Nolte Kitchens
Sauder Woodworking
Siematic
Snaidero
Standard Furniture
Symphony Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of kitchen furniture and fixture was crossed USD 194 billion in 2023 and is estimated to register over 4.5% CAGR between 2024 and 2032, due to the growing need for housing and home remodelling products, such as kitchen fixtures and furnishings.

The wood material type segment recorded 44% share of the kitchen furniture and fixture market in 2023 as it is traditional and versatile.

The residential end-user segment accounted for 74% share of the kitchen furniture and fixture market in 2023, attributed to the trend of remodeling and renovation activities.

North America held 36% share of the kitchen furniture and fixture industry in 2023, due to the rapidly growing population, increasing disposable income, and change in consumption patterns.