Modular Kitchen - Highest Growing Industry Vertical in the Housing Sector

Modular Kitchen is witnessing huge demand across urban India due to rapid urbanization and change in consumer preference, says RNCOS.


Noida, UP -- (SBWIRE) -- 11/19/2014 -- The modular kitchen market in India is expanding very fast in the country. The market is growing, as the demand is no more restricted to the upper middle and top segments, but is gaining popularity among other strata of the society as well. The willingness of new age Indian consumers to invest more and more in their home interior has led to a widespread demand for modular kitchens in India. According to our report, “Indian Housing Sector Outlook 2018”, the growth in the per capita income of people, coupled with efforts on the part of organized players to offer services at affordable rates, are some of the factors which are providing a boost to the modular kitchen demand in the country.

According to the report, people of every class want to have modular kitchen in their house. However, the preference for price and choice of kitchen appliances vary with the affordability. In lieu of the above trend, most of the new and upcoming housing units nowadays include modular kitchen, as developers are deploying this technology as a tool to attract customers. Thus, the modular kitchen is witnessing huge demand.

The report, “Indian Housing Sector Outlook 2018”, by RNCOS which is spread over 120 pages provides an in-depth research and rational analysis of the Indian Housing industry with forecasts till 2018. The report is segmented into two parts: Affordable and Luxury housing. The report provides forecast of housing market potential in each section, along with housing demand potential till 2018. The report further provides list of major players and share of organized/unorganized sector for these industries. Additionally, regional analysis of the tile, electrical switch, cement, flooring and modular kitchen market, with a focus on consumer preference is also covered.

Besides, the report also includes city-level analysis (Mumbai, National Capital Region, Chennai, Hyderabad, Pune and Bengaluru). The report also contains a section on the trends prevailing in the industry along with major challenges. Additionally, the report identifies and rates various factors influencing the customers in selecting a housing project. Furthermore, the report provides profiling of the major players covering the business description, recent activities and their strengths and weaknesses.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.