North America Kitchen Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR (2024 - 2029) | > 2.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Kitchen Furniture Market Analysis
The North America Kitchen Furniture Market is expected to register a CAGR of greater than 2% during the forecast period.
The North American kitchen furniture includes fitted kitchen units as well as other wooden furniture used for preparing food and for food storage. Some of the major factors fueling the market growth include urbanization, rising construction, and increased remodeling activities in residential kitchens.
The increased construction of new buildings is projected to increase the furniture demand for kitchen furniture cabinets, storage, countertops, and other components. New growth opportunities with improved consumer purchasing behavior from the new generation provide an excellent opportunity for industry players. New aesthetic designs of the product by adopting different variants of colors along with numerous texture shades are offering an attractive portfolio in the region. Moreover, the market is witnessing a strong pull from online retailers such as Amazon, Cymax Stores, Dunham, etc.
The market was negatively impacted by COVID-19 in 2020 in its sales through the retail segment, during the same period significance of e-commerce in kitchen furniture observed growth with e-commerce platforms offering various designs and models of furniture products accelerating the growth of the market. In addition to this, increase in remote working trend among the population leads people to spend more time in home, as a result significance of kitchen furniture observed an increase.
The North American industry is expected to witness strong demand for kitchen furniture owing to the rising demand for upholstered furniture. With a rising competion in the kitchen furniture market product differention exist as the only strategy for maximizing customer base. Hotels, colleges, schools, hospitals, urban areas, and commercial office spaces exist as a major customer base for kitchen furniture market.
North America Kitchen Furniture Market Trends
Convenience and Variety of Online Shopping Propel North America's E-commerce Kitchen Furniture Market
The e-commerce kitchen furniture market in North America is witnessing robust growth, buoyed by factors that underscore the rising preference for online purchases in this sector. The e-commerce segment has emerged as a dominant force in the kitchen furniture market, thanks to the ease of online shopping, an expansive product range, and evolving consumer tastes.
Within the North American e-commerce kitchen furniture market, consumers can explore a wide assortment of offerings, spanning kitchen cabinets, countertops, islands, tables, chairs, and storage solutions. Online retailers and furniture manufacturers leverage digital platforms to showcase their products, providing comprehensive descriptions, visuals, and customer feedback. Notable online retailers in this space include Wayfair, Amazon, Home Depot, and Ikea.
Convenience and flexibility are key drivers propelling the e-commerce kitchen furniture market in North America. Online retailers go the extra mile, offering features like virtual room visualization tools and online design consultations. These enhancements not only elevate the shopping experience but also enable consumers to envision how different furniture pieces would complement their kitchen spaces.
United States Witnessing Strongest Market Growth in Kitchen Furniture
Over the past years, the United States emerged as the strongest market for kitchen furniture. The demand for kitchen furniture products such as kitchen cabinets is increasing steadily in the United States owing to rising homeowner interest in installing larger cabinets and using cabinetry as both aesthetic and functional elements of their kitchens to provide additional storage space for foodstuffs and kitchenware. As per a consumer survey, white, medium wood, gray, and multicolored are some of the most preferred colors for kitchen cabinets among US homeowners.
Post Pandemic market size of the restaurant construction sector in the United States observed a steady recovery existing at USD 6.5 billion last year and signaling a positive market for North American kitchen furniture.
North America Kitchen Furniture Industry Overview
The North America kitchen furniture market is very competitive and highly fragmented, with a huge number of competitive players dominating the market, nowadays grabbing the market more powerfully through mergers and acquisitions. International chains and their brands, such as IKEA and Eastvold Furniture, are widely famous and leading the market. North American groups such as American Woodmark, Howdens Joinery, and Vermont Wood Studios have been focusing on innovating modern and contemporary designs and leading the North America kitchen furniture market for past long time. A large number of HNIs (high-net-worth individuals) are increasing their market presence by securing new contracts and tapping the market.
North America Kitchen Furniture Market Leaders
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Ashley Furnitures
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Steelcase
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American Woodmark
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Maiden Home
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Vermont Wood Studios
*Disclaimer: Major Players sorted in no particular order
North America Kitchen Furniture Market News
- In September 2023, in collaboration with Afterpay, IKEA U.S. launched Buy Now, Pay Later (BNPL) programme, giving customers a more affordable payment alternative and enhancing financial accessibility. All US customers can now use the Afterpay "Pay in 4" service both in-store and online at IKEA.com.
- In April 2023, IKEA stated that it would invest over $2.2 billion over the next three years in the company's omnichannel expansion strategy in the United States. This is the greatest investment the firm has made in the country in almost four decades of operations.
North America Kitchen Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in expenses for Kitchen and Dining Furniture
4.2.2 Increase in Per Capita Income of the population
4.3 Market Restraints
4.3.1 Rise in Average CPI for furniture and bedding
4.3.2 Declining expenditure on kitchen and dining rooms per consumer unit
4.4 Market Opportunities
4.4.1 Increasing Market size of restaurant construction sector
4.4.2 Increasing Average hours per day spend in Food preperation and clean up
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Consumer Buying Behaviour in North America Kitchen Furniture Market
4.7 Insights on Technological Disruption in North America Kitchen Furniture Market
4.8 Impact of Covid-19 on the Market
5. MARKET SEGMENTATION
5.1 By Furniture Type
5.1.1 Kitchen Cabinets
5.1.2 Kitchen Chairs
5.1.3 Kitchen Tables
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Supermarkets and Hpermarkets
5.2.2 Specialty Stores
5.2.3 e-Commerce
5.2.4 Other Distribution Channel
5.3 By Geography
5.3.1 United States
5.3.2 Canada
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Ashley Furniture Industries
6.2.2 MasterBand Cabinet
6.2.3 Maiden home
6.2.4 America woodmark
6.2.5 Symphony Group
6.2.6 Eastvold Furniture
6.2.7 Howdens Joinery
6.2.8 Euro-Rite Cabinet
6.2.9 Vermont Wood Studios
6.2.10 Barbosa
6.2.11 Ikea
6.2.12 Other Prominent Companies (Marsh Furniture, Kitchen Kompact, Barbosa, Bertch, Boffi, Arclinea, Bakes & Kropp and etc)*
- *List Not Exhaustive
7. Market Opportunity and Future Trends
8. Disclaimer and About Us
North America Kitchen Furniture Industry Segmentation
The kitchen furniture market refers to the industry that designs, manufactures, and sells products related to the kitchen, including cabinets, countertops, sinks, faucets, and other fixtures.
The North America kitchen furniture market is segmented by furniture type, distribution channel, and geography. The market by furniture type is further segmented into kitchen cabinets, kitchen chairs, kitchen tables, and other furniture. The market by distribution channel is further segmented into supermarkets and hypermarkets, specialty stores, e-commerce, and other distribution channels. The market by geography is further segmented by the United States and Canada. The report offers market size and forecasts for the North American kitchen furniture market in value (USD) for all the above segments.
| By Furniture Type | |
| Kitchen Cabinets | |
| Kitchen Chairs | |
| Kitchen Tables | |
| Others |
| By Distribution Channel | |
| Supermarkets and Hpermarkets | |
| Specialty Stores | |
| e-Commerce | |
| Other Distribution Channel |
| By Geography | |
| United States | |
| Canada |
North America Kitchen Furniture Market Research FAQs
What is the current North America Kitchen Furniture Market size?
The North America Kitchen Furniture Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in North America Kitchen Furniture Market?
Ashley Furnitures, Steelcase, American Woodmark, Maiden Home and Vermont Wood Studios are the major companies operating in the North America Kitchen Furniture Market.
What years does this North America Kitchen Furniture Market cover?
The report covers the North America Kitchen Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Kitchen Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Kitchen Furniture Industry Report
Statistics for the 2024 North America Kitchen Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Kitchen Furniture analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
