Prefabricated Kitchen Pod Market Size, Share, Growth, Trends, and Forecast 2030

Prefabricated Kitchen Pod Industry Prospective:

The global prefabricated kitchen pod market size was evaluated at $5000 million in 2022 and is slated to hit $9000 million by the end of 2030 with a CAGR of nearly 8.5% between 2023 and 2030.

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Prefabricated Kitchen Pod Market: Overview

A prefabricated kitchen pod is a self-contained kitchen unit that is manufactured off-site and then transported to the destination. It encompasses necessary appliances such as stoves, countertops, exhaust systems, sinks, and cabinets. These products can be easily installed and linked to the current utilities, thereby making them a popular alternative in various end-use sectors such as hospitals, hostels, residential constructions, and hotels.

Key Insights

• As per the analysis shared by our research analyst, the global prefabricated kitchen pod market is projected to expand annually at the annual growth rate of around 8.5% over the forecast timespan (2023-2030)
• In terms of revenue, the global prefabricated kitchen pod market size was evaluated at nearly $5000 million in 2022 and is expected to reach $9000 million by 2030.
• The prefabricated kitchen pod market is anticipated to grow rapidly over the forecast timeline owing to escalating highlights on environment-friendly and sustainable construction practices.
• In terms of type, the “L” shape form segment is slated to register the highest CAGR over the forecast period.
• Based on application, the residential use segment is predicted to lead the segmental growth the in forecast period.
• Region-wise, the European prefabricated kitchen pod industry is projected to register the fastest CAGR over the assessment timeline.

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Prefabricated Kitchen Pod Market: Growth Factors

The growing need for inexpensive products can put brakes on the global market over 2023-2030

Escalating demand for proficient and cost-effective products in construction activities will steer the growth of the global prefabricated kitchen pod market. Moreover, prefabricated kitchen pods offer many benefits such as reduced labor costs, enhanced quality control, minimized construction time, and growing flexibility in customization and design. Escalating highlights on environment-friendly and sustainable construction practices will contribute majorly towards the growth of the global market size. In addition to this, these products are produced in a regulated factory environment by making use of renewable materials, thereby leading to reduced energy usage and low generation of waste materials, thereby driving the global market trends.

Setting up new production units for manufacturing new products along with increasing production capacities are predicted to contribute lucratively towards the global market earnings in the years ahead. In March 2023, V-Guard Industries Limited, a key Indian manufacturer of home appliances and electrical equipment, decided to set up three new factories in Telangana and Gujarat for manufacturing kitchen equipment, batteries for fans, and batteries for inverters.  

Prefabricated Kitchen Pod Market: Restraints

A surge in the costs of raw components can impede the growth of the global industry by 2030

A prominent increase in raw material costs and supply chain disruptions can put brakes on the global prefabricated kitchen pod industry growth. Apart from this, changes in import duties due to changing government policies can further restrict the growth of the global industry.  

Prefabricated Kitchen Pod Market: Opportunities

Rise in product usage in the construction sector to generate new growth avenues for the global market

Large-scale use of the product in construction activities is predicted to generate new opportunities for growth for the global prefabricated kitchen pod market.

Prefabricated Kitchen Pod Market: Challenges

Stringent laws related to exporting of products can prove to be a huge challenge for the global industry

Strict laws related to the export of prefabricated pods along with the need for a license for manufacturing the product can prove to be a huge challenge for the global prefabricated kitchen pod industry.  

Prefabricated Kitchen Pod Market: Segmentation

The global prefabricated kitchen pod market is sectored into type, application, and region.                                               

In terms of type, the prefabricated kitchen pod market across the globe is segregated into monolithic cubic form, straight-line form, and “L” shape form segments. Furthermore, the "L" shape form segment, which acquired nearly 60% of the global market share in 2022, is projected to record the highest rate of annual growth in the forecasting timeframe. Moreover, the segmental expansion over the coming eight years can be owing to a rise in the demand for “L” shape forms among the customers as the former offers more countertops as well as storage space to customers.  

Based on the application, the prefabricated kitchen pod industry globally is sectored into residential use, commercial use, and other segments. Additionally, the residential use segment, which garnered a key share in the global industry revenue in 2022, is anticipated to lead the segmental expansion in the forecast timeframe. The growth of the segment over the period from 2023 to 2030 can be subject to a rise in the manufacture of prefabricated kitchen pods by firms for residential use.   

Prefabricated Kitchen Pod Market: Report Scope

Prefabricated Kitchen Pod Market: Regional Insights

Asia-Pacific is predicted to set a strong position in the global prefabricated kitchen pod market in the coming years

Asia-Pacific, which accounted for nearly half of the global prefabricated kitchen pod market revenue in 2022, will be the dominating region in the next eight years. Moreover, the market progression in Asia-Pacific over the forecast timeline can be subject to humungous demand for prefabricated kitchen pods in the construction sector of densely populated countries such as China and India. In addition to this, the presence of key players in these countries will proliferate the expansion of the market in the region.

The European prefabricated kitchen pod industry is set to record the highest CAGR in the forecast timeline. The growth of the industry in the continent over the forecast timeline can be due to a rise in the manufacture of the products in countries such as France, the UK, Italy, and Germany. Moreover, the easy availability of raw materials in these countries will embellish the industry trends in the continent.  

Prefabricated Kitchen Pod Market: Competitive Space

The global prefabricated kitchen pod market profiles key players such as:

• Bathsystem
• RANDALL Offsite Construction
• Elements Europe
• Eurocomponents
• PKL
• Pivotek
• Xcube.

The global prefabricated kitchen pod market is segmented as follows:

By Product

• Monolithic Cubic Form
• Straight-Line Form
• “L” Shape Form

By Application

• Residential Use
• Commercial Use
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa