Outdoor Kitchen Cabinets Market Research, 2030
The global outdoor kitchen cabinets market was valued at $2.9 billion in 2020, and is projected to reach $5.1 billion by 2030, growing at a CAGR of 5.8% from 2021 to 2030.
An outdoor kitchen cabinet is a shelf space to store accessories and items in the kitchen. Outdoor kitchen cabinetry comes in stainless steel, wood, masonry, even water-resistant polymer substances produced for extra safety against heat, humidity, and cold. People tend to consider the basics such as space, budget, and exceptional material for weather, when choosing shelves outside the kitchen. The most popular material used in an outdoor kitchen cabinet is stainless steel, as it looks classic and is easy to clean as compared to the wooden cabinet.
Outdoor living spaces includes outdoor kitchens, yoga spaces mini-gymnasiums, and grilling spaces. Growing adoption of outdoor living spaces and rise in expenditure on the luxury lifestyle is expected to contribute to the growth of the outdoor kitchen cabinets market size during the forecast period. For instance, according to a survey conducted by The National Kitchen & Bath Association (NKBA) in 2021, the adoption of outdoor living projects interest has grown by about 65% in the U.S. in comparison to the past few years. Furthermore, stay-at-home restriction were imposed by the government in several countries during the COVID-19 period, which influenced people to improve their outdoor spaces for convenience and entertainment. Thus, influencing the growth of the outdoor kitchen cabinets industry.
However, high cost of outdoor kitchen setup and increasing cost of raw materials is anticipated to limit the sales of the outdoor kitchen cabinets market during the forecast period. Outdoor kitchen setups available in the market are highly expensive. Installation of these outdoor kitchen in an outdoor space further increases the price, as labor cost is added to the total expense.
The outdoor kitchen cabinets market is segmented into a marketing channel, type, amenities, material and end users. On the basis of type, the market is categorized into base cabinets, appliance cabinets, wall cabinets, specialty cabinets, grill cabinets and others. On the basis of amenity, the market is segmented into, cooking, cooling/bartending, countertops and others. By material, the market is categorized into polymer, stainless steel, wood, masonry and others. On the basis of end user, the market is bifurcated into, residential and commercial. By marketing channel, the market is classified into e-commerce, contractors and mass merchandisers. Region wise, it is analyzed across North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
On the basis of type, the wall cabinets segment was the significant contributor to the market, with $506.1 million in 2020, and is estimated to reach $935.8 million by 2030, at a CAGR of 6.1% during the forecast period. Wall cabinets are a popular choice of the customers and are available at cost-effective prices. Wall cabinets segment in the outdoor kitchen cabinets market gained considerable share and is expected grow at a significant CAGR during the forecast period. It is used to keep away dry food from floor and wet surfaces. It protects food and other stuff from pests such as roaches, ants or mice to reach the food stored in them. Furthermore, well designed and color combination wall cabinets add aesthetic value to the outdoor kitchen, which in turn boost the growth of the global outdoor kitchen cabinets market share during the forecast period.
On the basis of amenity, the cooling/bartending segment is estimated to reach $943.8 million by 2030, at a CAGR of 7.1% during the forecast period. Cooling/bartending amenity based cabinets are gaining significant popularity and increasing at the highest CAGR during the forecast period. Increasing adoption of luxury lifestyle and growing expenditure of outdoor spaces including swimming pool, outdoor gym, outdoor kitchen and others are expected to attract people toward cooling/bartending amenity based cabinets for their outdoor kitchen cabinets. As cooling/bartending cabinets offer convenience to have cold drinks at their convenient point, which makes outdoor refrigerators, freezers, ice makers, refreshment centers and bartenders and kegerators a perfect choice for their outdoor kitchen.
On the basis of material, the wood segment was the considerable contributor to the market, with $662.6 million in 2020, and is estimated to reach $1,131.6 million by 2030, at a CAGR of 5.3% during the forecast period. Wood kitchen cabinets are preferred by the customers who have outdoor cooking space with cover or shelter. Natural look of real wood gives an outdoor kitchen a warm, classic feel. People can have stainless steel and polymer with wooden coloring, but it doesn’t feel classic. In customization point of view, wood is flexible and can be used in many different ways in terms of shape, design, and color. The sturdiness of these materials is the ideal for remodeling designs. Thus, above mentioned factors are expected to increase the outdoor kitchen cabinets market size through wood segment during the forecast period.
On the basis of end user, the commercial segment is estimated to reach $1,785.3 million by 2030, at a CAGR of 5.8% during the forecast period. Outdoor catering through marquees and tents is an increasing trend in hotel and food service outlets and is expected to generate more demand for outdoor kitchen cabinets through the commercial segment. Restaurants, bars, hotels, and other commercial businesses find it highly convenient to offer services right from the areas they’re hosting. Many commercial entities are building their outdoor kitchen to provide food and drinks to their customers and clients in an outdoor atmosphere. Therefore, growth in adoption of outdoor kitchen facilities in commercial spaces and rise in interest of the people to have food and drinks in outdoor spaces of the commercial entities are expected to generate more demand for outdoor kitchen cabinets through the commercial segment.
On the basis of marketing channel, E-commerce segment has been gaining considerable traction and is expected to sustain its traction during the forecast period. Online stores are virtual stores where goods & services do not require any physical space and are sold or appointments for demo can be taken through websites. Easy accessibility and heavy discounts & offers provided by these online platforms make them a popular medium for the purchase of home and outdoor space improvement products including outdoor kitchen cabinets. In addition, presently, online shopping has become a macro trend due to high internet penetration rate across the globe. Thus, online stores are gaining popularity among customers, due to convenience in shopping, continuous service, and availability of a wide range of choice. Thus, above mentioned factors are likely to forward the growth of the outdoor kitchen cabinets industry through E-commerce segment during the forecast period.
According to outdoor kitchen cabinets market opportunity analysis, region wise, Asia-Pacific garnered a significant share in the market in 2020, and is expected to maintain its share throughout the outdoor kitchen cabinets market forecast period. Changing lifestyles of the people in Asia-Pacific have influenced buying trends of consumers. Rise in urbanization and adoption of western lifestyle in the region is a major driver of the market. Furthermore, the real estate sector is experiencing growth in the region, which in turn, drives the market growth. Increase in high disposable income, rise in home renovation activities and demand for outdoor spaces for entertainment are significant factors supporting the Asia-Pacific outdoor kitchen cabinets market growth.
The players operating in the global outdoor kitchen islands market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include American Outdoor Cabinets, Bull Outdoor Products, Inc., Cabinetworks Group, Danver Stainless Outdoor Kitchens, Electrolux AB, Grillnetics, LLC, Middleby Corporation, NatureKast Products Inc., NewAge Products Inc. and Outdoor Kitchen Cabinets & More .
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the outdoor kitchen cabinets market analysis from 2020 to 2030 to identify the prevailing outdoor kitchen cabinets market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the outdoor kitchen cabinets market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global outdoor kitchen cabinets market trends, key players, market segments, application areas, and market growth strategies.
Outdoor Kitchen Cabinets Market Report Highlights
Aspects | Details |
By Marketing Channel |
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By Type |
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By Amenities |
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By Material |
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By End Users |
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By Region |
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Key Market Players | Cabinetworks Group, NatureKast Products Inc, Middleby Corporation, Grillnetics, LLC, Outdoor Kitchen Cabinets & More, American Outdoor Cabinets, Danver Stainless Outdoor Kitchens, Bull Outdoor Products, Inc, Electrolux AB, NewAge Products Inc. |
Analyst Review
The global outdoor kitchen cabinets market exhibits high growth potential in the developing economies such as India and China, owing to increase in wealth, personal disposable income and high spending for improving high standard of living. People are actively investing in the outdoor entertainment space areas such as patios/decks, pools, spas, outdoor kitchen, hot tubs, transition rooms, balconies, and rooftops. In outdoor entertainment space areas, people are more interested in outdoor kitchen. For instance, according to the survey conducted by National Kitchen & Bath Association (NKBA) in 2020, 76% respondents confirmed that they will plan to design and project outdoor kitchen type in outdoor living areas. Growing wealth of the people and rise in number of millionaires and billionaires are expected influence the growth outdoor kitchen cabinets market during the forecast period. As outdoor kitchen setup is very expensive and high income group people can afford it, furthermore, along with its expensive price, people need to have considerable amount of outdoor space. Increasing trend of throwing various parties summer barbecues, birthday parties, office parties and pool parties at outdoor home spaces is expected to generate more demand for outdoor kitchen, which in turn boost the demand for outdoor kitchen cabinets. Furthermore, outdoor kitchen increase aesthetic value of home and it will give higher return when people resell their homes with outdoor kitchen. Thus, having outdoor kitchen in outdoor space of the home is always expected to be a profitable business.
The Outdoor Kitchen Cabinets market size was valued at $ 5,132.5 million in 2020
5.8% is the CAGR of Outdoor Kitchen Cabinets Market.
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2021-2030 is the forecast period in the market report.
American Outdoor Cabinets, Bull Outdoor Products, Inc., Cabinetworks Group and Danver Stainless Outdoor Kitchens are some of the top companies in the Outdoor Kitchen Cabinets Market.
The market is segmented on the basis of type, amenity, material, end user, marketing channel, and region.
Rise in demand for luxurious outdoor spaces for home parties and functions and elegant styled cabinets are upcoming trends in Outdoor Kitchen Cabinets Market.
By Region, North America segment will dominate the market by the end of 2030.
COVID-19 positively impacted the growth of the market is expected to sustain its impact throughout the Outdoor Kitchen Cabinets Market
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