Middle East & Africa Modular Kitchen Market, 2020-2028
The modular kitchen market in Middle East & Africa is expected to reach a projected revenue of US$ 1,176.0 million by 2028. A compound annual growth rate of 5.8% is expected of Middle East & Africa modular kitchen market from 2021 to 2028.
The MEA modular kitchen market generated a revenue of USD 751.4 million in 2020.
The market is expected to grow at a CAGR of 5.8% from 2021 to 2028.
In terms of segment, l-shape was the largest revenue generating design in 2020.
Island is the most lucrative design segment registering the fastest growth during the forecast period.
Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
Market revenue in 2020
USD 751.4 million
Market revenue in 2028
USD 1,176.0 million
Growth rate
5.8% (CAGR from 2020 to 2028)
Largest segment
L-shape
Fastest growing segment
Island
Historical data covered
2015 - 2019
Base year for estimation
2020
Forecast period covered
2021 - 2028
Quantitative units
Revenue in USD million
Market segmentation
L-Shape, U-Shape, Parallel, Straight, Island
Key market players worldwide
Nobia AB ADR, Boston Properties Inc, Häfele, Häcker Küchen, nobilia-Werke, Lineadecor, Snaidero, Bulthaup, Pedini, SieMatic Mobelwerke, Hettich
Other key industry trends
In terms of revenue, MEA region accounted for 4.3% of the global modular kitchen market in 2020.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
Asia Pacific is the fastest growing regional market and is projected to reach USD 10,944.9 million by 2028.
Many countries in the African continent have been undergoing rapid economic expansions and are characterized by a young population aspiring to be first-time homeowners. The continent offers immense opportunities for demand fulfillment considering the advent of online retail platforms and greater enterprising of commercial food establishments.
In contrast to the consumer dynamics in Africa, the Middle East is characterized by high consumer spending on luxury amenities and a young population burgeoning at a rapid rate. The governments’ willingness to diversify their economies has led to a huge impetus for commercial eateries and kitchens.
Furthermore, massive public housing projects undertaken by these governments as a means to increase home ownership rates among youngsters are also expected to bode well for the modular kitchens market in the region.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Modular Kitchen Market will help companies and investors design strategic landscapes.
L-Shape was the largest segment with a revenue share of 37.17% in 2020.
Horizon Databook has segmented the Middle East & Africa modular kitchen market based on l-shape, u-shape, parallel, straight, island covering the revenue growth of each sub-segment from 2015 to 2028.
Many countries in the African continent have been undergoing rapid economic expansions and are characterized by a young population aspiring to be first-time homeowners. The continent offers immense opportunities for demand fulfillment considering the advent of online retail platforms and greater enterprising of commercial food establishments.
In contrast to the consumer dynamics in Africa, the Middle East is characterized by high consumer spending on luxury amenities and a young population burgeoning at a rapid rate. The governments’ willingness to diversify their economies has led to a huge impetus for commercial eateries and kitchens.
Furthermore, massive public housing projects undertaken by these governments as a means to increase home ownership rates among youngsters are also expected to bode well for the modular kitchens market in the region.
Middle East & Africa Modular Kitchen Market Design Outlook (Revenue, USD Million , 2015-2028)
L-Shape
U-Shape
Parallel
Straight
Island
Middle East & Africa Modular Kitchen Market Product Outlook (Revenue, USD Million , 2015-2028)
Floor Cabinet
Wall Cabinet
Tall Storage
Middle East & Africa Modular Kitchen Market Material Outlook (Revenue, USD Million , 2015-2028)
Wood
Metal
Fiber or Plastic
Others
Middle East & Africa Modular Kitchen Market Distribution Channel Outlook (Revenue, USD Million , 2015-2028)
Offline
Online
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa modular kitchen market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa modular kitchen market from 2015 to 2028, including revenue numbers, major trends, and company profiles.
Middle East Africa Modular Kitchen Market, 2015-2028 (US$M)