India Modular Kitchen Market Size (2024 - 2029)

The modular kitchen market in India is experiencing significant growth, driven by the increasing recognition of kitchens as essential spaces for functionality and decor within home improvement. This expansion is fueled by the rising middle-class population, partnerships between contractors and real estate developers, and a shift towards modern, space-saving designs due to the prevalence of nuclear families. Consumers are increasingly seeking premium features and innovative designs, transforming kitchens into social and creative hubs, which is contributing to the substantial growth in market size.

Market Size of India Modular Kitchen Industry

India Modular Kitchen Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 4.56 Billion
Market Size (2029) USD 13.57 Billion
CAGR (2024 - 2029) 24.36 %
Market Concentration Low

Major Players

India Modular Kitchen Market Major Players

*Disclaimer: Major Players sorted in no particular order

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India Modular Kitchen Market Analysis

The India Modular Kitchen Market size is estimated at USD 4.56 billion in 2024, and is expected to reach USD 13.57 billion by 2029, growing at a CAGR of 24.36% during the forecast period (2024-2029).

Kitchens are gaining recognition in the home improvement category to augment both its functionality and decor. For homemakers and working professionals, restructuring and remodeling the kitchen with more attractive looks and features has become a trend. The significant share of the modular kitchen market is driven by a rising middle-class population and increasing partnerships between contractors and real estate project developers for designing modular kitchens. Rising nuclear families and a preference for small houses and space-saving ideas are driving the growth of the modular kitchen market.

Over the last few years, the kitchen market in India has witnessed an inclination towards modern designs and comfort. Among Indian consumers, the kitchen is no longer considered a separate unit but a regular space for socializing, relaxation, and imaginativeness. With consumers showcasing an inclination to experiment with design, textures, and adolescent color combinations, manufacturers have been set free to offer consumers world-class products. Consumers are progressively looking at premium plans and features such as magic corners and kitchen island concepts to add more luxury touch to the cooking space.

India Modular Kitchen Industry Segmentation

Modular kitchen designs break down large systems into essential parts to meet various customer needs, replicating flexibility and agility at the installation site. These layouts maximize efficiency and elegantly supplement storage systems by utilizing every nook and corner of the area in context. The study briefly describes the India modular kitchen market and includes details on modular kitchen market size, investment by the manufacturers, and technological innovations in modular kitchens. The India modular kitchen market is segmented by product, by end-user, and by distribution channel. By product, the market is segmented into floor cabinets and wall cabinets, tall storage cabinets, and others. By end user, the market is segmented into residential, and commercial. By distribution channel, the market is segmented into offline which is further segmented into contractors, builders, and others, and by online. The report also covers the market sizes and forecasts for the India modular kitchen market in value (USD) for all the above segments.

By Product
Floor Cabinet & Wall Cabinets
Tall Storage Cabinets
Other Products
By End-User
Residential
Commercial
By Distribution Channel
Offline (Contractors, Builders, and Others)
Online
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India Modular Kitchen Market Size Summary

The modular kitchen market in India is experiencing significant growth, driven by evolving consumer preferences and demographic shifts. As kitchens transform into multifunctional spaces for socializing and relaxation, there is a growing demand for modern designs that incorporate luxury features like kitchen islands and magic corners. This trend is further fueled by the rising middle-class population, increasing income levels, and a preference for space-saving solutions in urban areas. The market is also benefiting from the expansion of online platforms that offer customizable kitchen designs, making branded modular kitchens more accessible in Tier 2 and Tier 3 cities. Companies like Panasonic, TTK Prestige, and Johnson are strategically expanding their presence in these regions, capitalizing on the growing demand for modular kitchens.

The Indian modular kitchen market is characterized by a fragmented landscape with numerous small and regional players, alongside established companies like Hettich India, Sleek International, and Godrej & Boyce. These companies are actively pursuing mergers and acquisitions to strengthen their market position and expand into new territories. The market's growth is supported by the residential construction industry's expansion, which increases the number of kitchen spaces and drives demand for efficient storage solutions. As household consumption expenditure rises in major metropolitan areas, global players are establishing stores and supply chains to tap into the lucrative market. Recent developments, such as Ultrafresh Modular Solutions' new studio launch and Dona Modular Systems' recognition for innovative offerings, highlight the dynamic nature of the market and its potential for continued expansion.

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India Modular Kitchen Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing in expenditure on Kitchen Renovation

    3. 1.3 Market Restraints

      1. 1.3.1 Increase in Price of Wooden material

    4. 1.4 Market Opportunities

      1. 1.4.1 Online sales channels are increasing market reach of Modular kitchen

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Bargaining Power of Suppliers

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Technological Innovations in India Modular Kitchen Market

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Floor Cabinet & Wall Cabinets

      2. 2.1.2 Tall Storage Cabinets

      3. 2.1.3 Other Products

    2. 2.2 By End-User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 By Distribution Channel

      1. 2.3.1 Offline (Contractors, Builders, and Others)

      2. 2.3.2 Online

India Modular Kitchen Market Size FAQs

The India Modular Kitchen Market size is expected to reach USD 4.56 billion in 2024 and grow at a CAGR of 24.36% to reach USD 13.57 billion by 2029.

In 2024, the India Modular Kitchen Market size is expected to reach USD 4.56 billion.

Modular Kitchen Market Size in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)