Changing Lifestyle Creating Demand For Modular Kitchens In India
Modular Kitchen Market in India 2010
Modular Kitchen Market in India 2010
The Modular Kitchen Market is expected to witness strong growth. Many international players are entering the Indian market and large numbers of joint ventures are taking place.The rise in residential complexes coupled with changing lifestyle of consumers is expected to increase the demand for modular kitchen. ( http://www.bharatbook.com/detail.asp?id=145702&rt=Modular-Kitchen-Market-in-India-2010.html )
The report provides a brief overview of the market including the estimated market size, growth rate. An analysis of drivers reveals that growth in organized retail, rise in housing projects, changing demographics structure and need for customized kitchen is driving growth in this sector. The key challenges identified are high prices of branded modular kitchens and low replacement demand.
The report discusses the current market trends including entry of international players into the market, players forming joint ventures and collaborations and increase in private equity investments and acquisitions. The report profiles the major domestic and international players and includes their business highlights, financials and expansion plans.
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