Kitchen Organization Market Accelerated by Growing Adoption of Storage Solutions
Kitchen Organization Market |
Kitchen organization products help in arranging kitchen utensils and groceries in an organized manner for easy access and maintaining cleanliness. Products such as cabinets, racks, containers are essential for storing items like cups, plates, spices, dry foods etc. The growing need for effectively utilizing small kitchen space and arranging items systematically is driving the demand for kitchen organization products.
The global
Kitchen Storage Organization Market is estimated to be valued at US$ 161.02 Bn
in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024
to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends accelerating the growth of the kitchen storage
organization market is the rising adoption of multifunctional and space-saving
solutions. Changing lifestyles and smaller living spaces have increased the
demand for kitchen storage products that occupy less space but provide high
storage capacity. Manufacturers are offering innovative designs such as
collapsible containers, rotating cabinets, stackable canisters and organizers
that can be fitted even in small kitchen areas. Customers can now choose from a
wide variety of aesthetically appealing and functional organizers made using
different materials like wood, plastic and metal. The introduction of smart
kitchen storage systems integrated with technology is another trend gaining
traction in the market.
Segment
Analysis
The global kitchen storage organization market is dominated by the pull out
shelves and organizers sub-segment. This sub-segment accounts for the highest
market share due to rise in modular kitchens along with increased demand for
efficient storage solutions in kitchens. Pull out shelves allow better
visibility and accessibility to stored items thus making them a preferred
choice for most households globally.
Key Takeaways
Global
Kitchen Storage Organization Market Demand is expected to witness high
growth over the forecast period from 2024 to 2031.
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