Cabinet Market Report

Cabinet Market Insights

Cabinet Market is likely to witness a CAGR of 5.5% during the forecast period. The major factors such as rebounding in residential building construction with a significant growth, enhancements in design trends which demands to have larger kitchen area, increasing demand for bathroom cabinets having medicine vanities which can also be used for storing personal objects and cleaning supplies, and growing demand in non-residential market for various trending cabinets are expected to accelerate the growth of the market during the forecast period.

Market Share Analysis

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Cabinet Market Share: By Type

Based on the type, the market is segmented as kitchen cabinets, bathroom cabinets, entertainment center cabinets, home office cabinets, and other cabinets. Kitchen cabinet is estimated to hold the largest share of the market and witness significant growth as well, owing to the increasing demand in residential building construction, during the forecast period. The other types of cabinets are also used for various purpose but they account for smaller share as compared to the kitchen cabinet.

Cabinet Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the fastest-growing region in the market with China and India being the major countries with rapid and lucrative growth opportunities during the forecast period. Factors such as China witnessing fastest-growth in cabinet demand, estimated to surpass Japan to achieve the position of second-largest cabinet market globally, and rapidly growing installations of cabinets in non-residential buildings and homes are expected to fuel the growth of the regional market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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Some of the key players in the cabinet market are-

• American Woodmark Corporation
• Cleanup Corporation
• Fortune Brands Home & Security
• Hanssem
• Howden Joinery
• Inter IKEA Holding SA
• Kohler Co.
• LIXIL Sunwave
• Nobia
• Takara Standard.

Market Scope & Segmentation

Cabinet is basically a kind of furniture which is box-shaped with doors and/or drawers used to store various objects. They are of different types such as kitchen cabinets, bathroom cabinets, entertainment center cabinets, home office cabinets, and other cabinets designed as per the requirements of the area.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The cabinet market is segmented into the following categories.

Cabinet Market Size, Share, & Forecast, by Type:

• Kitchen Cabinet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Bathroom Cabinet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Entertainment Center Cabinet (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Home Office Cabinets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Cabinets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cabinet Market Size, Share, & Forecast, by End-User Type:

• Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cabinet Market Size, Share, & Forecast, by Distribution Channel Type:

• Home Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Flagship Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Specialty Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Online Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Distribution Channels (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Cabinet Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.