DUBLIN, October 4, 2017 /PRNewswire/ --
The "Global Household Kitchen Rail Kits Market 2017-2021" report has been added to Research and Markets' offering.
The report forecasts the global household kitchen rail kits market to grow at a CAGR of 8.03% during the period 2017-2021.
The report, Global Household Kitchen Rail Kits Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the advancements in the household rail kits market. The modular kitchen industry is currently growing at a high rate as modular kitchens enable homeowners to customize kitchen fittings as per the space availability. Several manufacturers are launching drawers and cabinets with innovative features to attract customers. Innovative features launched by key players include self-close and soft-close features of drawers, motion technology, and electromechanical features. These features enable drawers to be closed and opened with the least amount of effort. These features prevent slamming of cabinet doors and drawers.
According to the report, one of the major drivers for this market is global improvements in the residential construction sector. There has been a significant growth in the global construction industry. The growth has been particularly high in APAC due to the increased urbanization, improvements in disposable incomes, technological advancements, and population growth. Countries like China and India are investing heavily on new homes and renovating old ones. For instance, countries like India and Indonesia are expected to witness an increased growth during the forecast period, at 7.7% and 5.3%, respectively.
Further, the report states that one of the major factors hindering the growth of this market is inflated cost incurred to set up modular kitchens. Modular kitchens are expensive. The costs incurred for modular kitchens depend on materials, designs, and appliances used to manufacture kitchen fittings such as cabinets, drawers, and shelves. Modular kitchens are machine-produced and therefore incur higher costs than conventional kitchen spaces. Modular kitchens are characterized by superior quality finish and require more raw materials than handmade kitchen fittings, which make them expensive.
- Accuride International
- Grass America
- Julius Blum
Other prominent vendors
- Formenti & Giovenzana
- Guangdong Dongtai Hardware Group
- Guangdong Star SACA Precision Manufacturing
- ITW PROLINE
- King Slide Works
- Knape & Vogt Manufacturing
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Geographical Segmentation
Part 08: Key Leading Countries
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/srqm74/global_household
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