Best Of 86+ Stunning Kitchen Design Market Size Trend Of The Year

According to a new research study from Grand View Research, the global kitchen design market size was valued at over USD $135.4 billion in 2019 and is likely to grow at a compound annual growth rate of 7.2% from 2020 to 2027. The increasing trend of building custom kitchens for residences and commercial buildings has driven growth in the kitchen design market size. Increasing demand for designer kitchens from millennials and GenXers, the introduction of new technology-driven designs and products, and accelerated transformation of the retail landscape in recent years are key factors that have influenced the industry growth.

As consumer spending on remodeling and renovating projects has increased, the demand for custom kitchen design has also increased. There is an emergence of new interior decor trends among homeowners that has been influencing kitchen design trends as well. However, high cost and lack of skilled labor are expected to hinder market growth to some degree.

The U.S. kitchen design market size was valued at over USD xx billion in 2019 and is estimated to grow at a compound annual growth rate of xx% from 2020 to 2026. Factors such as increasing household disposable incomes, improving economic conditions, growing consumer preference for smart gadgets and appliances and rising focus on ergonomic kitchens are likely to drive market growth in the U.S. The incessant surge in the prices of commercial and residential construction materials in the U.S. is projected to restrain market growth over the forecast period.

IKEA and Whirlpool Corporation are the key players in the market, in terms of market share. These companies are actively engaged in new product launches, integrations of advanced technology in kitchen designs, and strategic partnerships and collaborations. Other leading players operating in the market include BSH Home Appliances Inc., Merillat Industries LLC, Your Home Supply Inc., and Poggenpohl GmbH.

The European kitchen design market size is projected to reach USD xx billion by 2027, according to a new report by Grand View Research, Inc. It is expected to attain a healthy CAGR of xx % from 2020 to 2027. The region is witnessing significant population growth, leading to increased residential and commercial construction activities. These, in turn, are creating demand for custom kitchen designs. Additionally, the rising demand for eco-friendly and energy-efficient kitchen designs is also contributing to market growth.

Technological advancements and the growing need to integrate technology with kitchen decor to facilitate the customers is anticipated to positively impact the market growth during the forecast period. Moreover, rising disposable incomes are leading to increased spending on the construction of luxury residences.

The global kitchen design market size is anticipated to reach USD xx billion by 2027, according to a new report by Grand View Research, Inc., registering a xx% CAGR during the forecast period. Key drivers of the market are increasing interest from the millennial population in remodeling projects and surging usage of smart gadgets and appliances.

The increasing need to utilize opinions of expert kitchen designers and architects and growing demand for innovative and eco-friendly kitchen designs and products are expected to influence market growth in the upcoming years. The products offered by the market players vary in terms of styles, shapes, colors, and materials.

The U.S kitchen design industry size is anticipated to reach USD xx billion by 2027, according to a new report by Grand View Research, Inc. It is estimated to register a xx% CAGR during the forecast period. The market is driven by factors such as increasing adoption of automation in kitchen designs, growing interest among the millennials in remodeling projects, and surging demand for kitchen designwear.

The demand for customized kitchen designs is increasing with the rise in the construction of upscale and luxury properties. In addition, the rapid adoption of technology-enabled kitchen designs is likely to create significant opportunities for the market. The introduction of smart gadgets for automated kitchen designs is projected to further enhance the market growth over the forecast period.

Grand View Research has announced the release of its latest report on the global kitchen design market size. According to the report, the market is expected to reach USD xx billion by 2027, registering a xx% CAGR during the forecast period 2020 to 2027. Factors such as rising population, increasing demand for fashionable kitchen design, growing disposable incomes, and rising awareness among population about kitchen design are propelling market growth.

Players such as Whirlpool Corporation, IKEA, and BSH Home Appliances Inc. are leading the market in terms of revenue. These players are offering a variety of stylish kitchen designs and are at the forefront of integrating advanced technology in kitchen designs.

The global kitchen design market size was valued at USD xx billion in 2019 and is projected to reach USD xx billion by 2030, registering a compound annual growth rate of xx% through the forecast period 2020-2030. Factors such as rising population, increasing demand for fashionable kitchen designs, growing disposable incomes, and rising awareness among population about kitchen design are driving market growth. Moreover, increasing emphasis on interior decorating and renovation activities are boosting the demand for custom furnished kitchens.

The market players are focusing on the introduction of new product designs and providing technological-based integrated services. Additionally, rising investments in pre-owned kitchen refurbishment have also been contributing to growth in the kitchen design market size.

Global kitchen design market size, in terms of revenue, is estimated to reach USD xx billion by 2030, according to a new report from Grand View Research, Inc. It is expected to expand at a CAGR of xx% during the forecast period 2020-2030. Factors such as increasing purchasing power of customers, rising trend of customization in kitchen designs, and technology-driven advancements in kitchen designs are likely to be key factors driving market growth.

Additionally, rapid urbanization has led to increased residential and commercial construction projects. This, in turn, has created a demand for designer kitchens. For instance, in the U.S., the remodeling industry is estimated to have grown by xx% in 2019 due to the demand for modern kitchen designs.

According to a new report by Grand View Research, Inc., the global kitchen design market size is expected to reach USD xx billion by 2027, registering a xx% CAGR during the forecast period. Increasing consumer purchasing power and rising awareness about the availability of kitchen designs, coupled with increasing demand for modern and customized designs, is driving market growth.

Increasing product innovation combined with enhanced customer service is also expected to drive market growth in the forthcoming years. Changing consumer lifestyles and the steady growth of the hospitality industry are generating larger consumer base for kitchen designs. Moreover, the increased adoption of carbon-efficient products and materials in kitchen designs is also contributing to market growth.

The global kitchen design market size is expected to reach USD xx billion by 2030, according to a new report from Grand View Research, Inc. The market is expected to register a CAGR of xx% during the forecast period 2020-2030, on account of increasing consumer disposable incomes and a rapid shift towards modern designs. Furthermore, the increased use of sustainability in kitchen design trends coupled with rising need to conserve natural resources are likely to influence market growth during the forecast period.