The kitchen is the heart of a home. Kitchen design is a crucial factor in choosing, customizing, and managing the overall functionality and look of the kitchen. As such, it is one of the most important elements when considering the resale value of homes. As such, the kitchen design market share of the leading companies is an important measure of the state of the sector. The following is a look at the top companies operating in the kitchen design market, their market share, and their respective product offerings. The top three companies in the kitchen design market share are Häfele, Hettich, and Blum. Häfele has a market share of 23.3%, Hettich has 13.6%, and Blum holds 10.5% of the kitchen design market. Häfele is looks to continue to lead the market as their company provides design solutions that are both timeless and functional, making them a staple in many homes. Hettich leads in customized furniture solutions and offers exceptional quality finishes and materials. Lastly, Blum is a market leader in manufacturing and selling system hardware for furniture installation. Another kitchen design market force is the Teka Group. They have a 7.7% market share and offer kitchen appliances such as ovens, dishwashers, refrigerators, and range hoods. Teka's product range has grown significantly since its inception, now offering exterior and interior design services for both public and private sector clients. Kitchen Design Market Share of Top Companies
In the kitchen cabinet design market, brand recognition and brand loyalty are important factors in determining market share. Top rated brands can help drive sales by reinforcing customer faith in a product. In the kitchen cabinet design market, the focus is on providing quality solutions that make life in the kitchen easier. The leading brands in this market are Ikea, Home Depot, Lowe's, and Wayfair. Ikea is the top-rated brand with a 26.3% market share in the kitchen cabinet design market. Ikea provides an extensive line of kitchen cabinets that are affordable, well-built, and customizable. Home Depot and Lowe's are both large hardware retailers that offer kitchen cabinet options in a variety of material modern, classic, and traditional styles. Lastly, Wayfair is a leading online retailer of products for the home that carries a wide variety of kitchen cabinet designs for customers to browse and purchase. Brand Analysis of Kitchen Cabinet Design Market
When estimating kitchen design market share, the two most important trends to watch are the emergence of new technologies and changes in consumer lifestyle. New technologies such as 3D printing, smart home technology, and eco-friendly materials are continuing to shape the kitchen design market globally. The trends affecting the market share of kitchen design companies are modern, minimalist, and eco-friendly styles. Modern styles such as high-gloss cabinets, wood-finish cabinets, and stainless-steel appliances are popular options for new kitchens. Minimalist designs are focused on functionality and the utilization of space. Lastly, eco-friendly solutions are as important as ever, as many people are focused on reducing their environmental impact. Kitchen Design Market Share and Trends
The global kitchen design market share is estimated to reach $107.3 billion by 2026. Europe holds the largest market share in the kitchen design sector due to the prevalence of modern, luxury kitchen design styles in the region. North America and Asia-Pacific are expected to witness the fastest growth in the kitchen design market share as well. Growth in the kitchen design market around the world is being driven by increased demand for luxury kitchen designs, rising disposable income, and technological advancements. Luxury kitchen designs that feature modern amenities such as touch-controlled appliances, smart home technology, and wireless networking are becoming more popular as people look for ways to upgrade their kitchens with modern solutions. Additionally, increased disposable income is allowing people to spend more on home improvement projects, leading to increased demand for kitchen renovations and upgrades.Global Kitchen Design Market Share Analysis
The commercial kitchen design market is estimated to reach $15.4 billion by 2024. Professional kitchen design solutions are becoming popular in restaurants, hotels, and other commercial kitchens due to the increasing demand for safety, sustainability, and efficiency. The leading companies in the commercial kitchen design market are Danver, Blaze, and Cornelius. These companies offer a variety of kitchen design solutions that are tailored to commercial kitchens. Danver is the leading provider, offering custom-made cabinets, commercial grade appliances, and eco-friendly materials. Blaze provides modern and functional kitchen design solutions that incorporate Swiss-born technology and design. Lastly, Cornelius focuses on innovative kitchen solutions that are custom-crafted for any size kitchen.Commercial Kitchen Design Market Share Analysis
The consumer kitchen design market is estimated to reach $71.5 billion by 2024. Consumer kitchen designs are based on style, space, and functional requirements, as well as personal preferences. As such, consumer kitchen designs often incorporate modern, minimalistic, and eco-friendly features. The top companies in the consumer kitchen design market are Snaidero USA, Schrock Cabinetry, and Ultimo. Snaidero USA offers a variety of modern, luxury kitchen designs that are perfect for any budget. Schrock Cabinetry is a leader in on-trend custom kitchen design solutions. Lastly, Ultimo offers bespoke kitchen design solutions with luxury finishes and materials for discerning customers.Consumer Kitchen Design Market Share Analysis
A survey was conducted among consumers to assess the kitchen design market share and their preferences. The survey revealed that the number one feature that consumers consider when choosing a kitchen design is luxury, modern, and environment-friendly features. This was followed by functional elements, material selection, and installation process. Additionally, the survey results revealed that the majority of respondents prefer to select modern kitchen designs from reputable companies.PRIMARY_Kitchen Design Market Share Survey
The free standing kitchen cabinet design market is estimated to reach $11.3 billion by 2024 due to the number of convenient and functional solutions it offers. These cabinets are designed to provide a stylish look with an organized storage space, and they come in a variety of colors, materials, and designs. The leading free standing kitchen cabinet companies are ClosetMaid, Century Cabinets, and Rev-A-Shelf. ClosetMaid has an impressive line of customizable cabinets that can be tailored to nearly any kitchen. Century Cabinets specializes in providing cabinets with high-end finishes and materials. Lastly, Rev-A-Shelf offers durable and customizable cabinets with fully functional shelves, doors, and drawers. Free Standing Kitchen Cabinet Design Market Share Data
The single family kitchen cabinet design market is estimated to reach $18.4 billion by 2024 due to the increasing demand for modern, functional, and stylish solutions. Single family homes are one of the most popular segments in the kitchen design sector, as an increasing number of consumers are choosing to invest in kitchen designs that suit their individual needs and preferences. The top companies in the single family kitchen cabinet design market are Shawer Kitchen Cabinets, Aristokraft Cabinetry, and Krestwood. Shawer Kitchen Cabinets offers a comprehensive selection of cabinets in a variety of designs and colors. Aristokraft Cabinetry provides a variety of cabinetry solutions for single family homes with modern and stylish designs. Lastly, Krestwood specializes in providing luxury kitchen cabinets that feature tailored designs and unique hardware.Single Family Kitchen Cabinet Design Market Share Forecast
The kitchen cabinet design market in Europe is estimated to reach $20.5 billion by 2024. Kitchen design solutions in this region are characterized by quality materials, modern design, and innovative solutions. This is due to the increasing demand for luxury kitchen designs in the region. The leading kitchen cabinet design companies in Europe are Schmidt, Nobilia, and LEICHT. Schmidt offers bespoke kitchen designs with exceptional quality materials and finishes. Nobilia is renowned for their contemporary designs that are both functional and stylish. Lastly, LEICHT provides a variety of custom kitchen cabinetry solutions that feature sustainable materials and modern designs.Kitchen Cabinet Design Market Share Analysis in Europe
The kitchen design market can be divided into several product types, including cabinets, countertops, flooring, lighting, and appliances. These products are essential components when remodeling or constructing a new kitchen. The following is an overview of these product types and their respective market share. The leading kitchen design products in the market are cabinets, flooring, countertops, lighting, and appliances. Cabinets hold the largest market share with 38.8%, followed by flooring with 24.5%, and countertops with 13.4%. Lighting and appliances account for 10.9% and 9.1% of the market share, respectively. As such, it can be concluded that cabinets are currently the most popular kitchen design product in the market. Kitchen Design Market Share Analysis by Product Type