The Kitchen Furniture Market in UK is being driven by Growing residential construction activity
The Kitchen Furniture Market in UK is expected to grow at a CAGR of 5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 767.7 million. In the current business climate of the UK, consumers are prioritizing long-term investments in home improvements, particularly in the kitchen sector. The value of durability and longevity in kitchen furniture has become increasingly significant, leading to a rise in demand for high-quality, robust products. The COVID-19 pandemic has further accentuated this trend, as individuals spend more time at home and focus on upgrading their living spaces. Consequently, kitchen furniture manufacturers and retailers are witnessing an increased interest in functional and efficient designs that can withstand the test of time and daily use. Consumers are willing to invest more in these products, recognizing them as valuable additions to their homes.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
152 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2025-2029 |
USD 767.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.5 |
Key countries |
UK, Europe, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The UK kitchen furniture market offers insights into household spending trends, with a focus on sustainable design, smart home integration, and price increases. Consumers seek modern designs, open plan layouts, and space optimization, inspired by design software and backsplash ideas. Smart fixtures, lighting, and parallel type layouts are popular design elements. Cabinet ideas incorporate energy efficiency and design services, while small spaces benefit from design tips and paint color suggestions. Explore design styles that complement your lifestyle.
The Kitchen Furniture Market in the UK is a significant segment of the larger global Home Furnishings Market, encompassing entities involved in the manufacturing and marketing of kitchen furniture. According to Technavio, the Home Furnishings Market size is determined by the consolidated revenue generated by manufacturers and marketers of consumer electronics, furnishings, decorative products, household appliances, and other homeware products. Key growth drivers for this market include the expansion of residential and commercial construction sectors, leading to increased demand for new kitchen furniture. Additionally, the surge in renovation projects in major economies such as the US, China, and India further fuels the need for kitchen furniture. Sustainable materials, functional spaces, and competitive lead times are essential considerations for businesses in this sector to remain competitive. Despite these opportunities, there is a potential for job losses due to automation and outsourcing trends.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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