Europe Kitchen Cabinets Market Overview
According to global market monitor, Europe Kitchen Cabinets market size is 11149.09 M USD, and is expected to reach 13780.12 M USD. CAGR of 4.2% from 2023-2028.
On the basis of end-user groups, the Kitchen Cabinets market can be divided into residential market and commercial market. The commercial segment includes restaurants and hotels and other commercial end users. The residential market includes personal new home renovations or old kitchen renovations. The residential market occupies the main application market share of Europe cabinet market.
European Cabinet Industry Supporting Industrial Chain is Mature
After years of rapid development, the European Kitchen Cabinets industry has formed a relatively complete and mature supporting industry chain, which can fully meet the connection between upstream and downstream. The supply of upstream production equipment and raw materials is sufficient, and the acceptance of Kitchen Cabinets and modern smart kitchen concepts by downstream mass consumers and bulk business customers has gradually increased, and the penetration rate has continued to increase. The standardization of the kitchen cabinets industry is rapidly improving, and the kitchen cabinets industry is expected to continue to maintain a rapid development trend.
With the Rise of Customization, the Requirements for Enterprises Become Higher
With the increasing purchasing power of generation Z consumers, the demand for appearance and customization of kitchen cabinets increases. Including other furniture products, such as POTS, tableware, kitchen appliances and others. Customization will become a major differentiating factor. At the same time, with the rise of customized cabinets, the requirements for the style and color of cabinets are also refined, and the requirements for cabinet companies and related talents are becoming higher and higher, which will increase the production cost of enterprises.
Germany was the largest revenue market with a market share of 26.25% in 2021, the UK ranking second. Kitchen Cabinets companies are mainly from Germany; the industry concentrate rate is moderate. The top three companies are Nobilia Kitchens, Nobia, Schüller.
Nobilia Kitchens is one of the major players operating in the Kitchen Cabinets market. Nobilia is a supplier of kitchen products and accessories. Nobilia kitchens, bathrooms, and living spaces are intended to harmonize the distinction between the fine and applied arts while reuniting creativity and industrial design.
Nobilia Kitchens Outlook |
|
Company Name |
Nobilia Kitchens |
Website |
www.nobilia.de |
Established Time |
1945 |
Plants Location |
Mainly in Germany |
Sales Region |
Mainly in Europe |
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