Research and Markets has announced the addition of the "Global Kitchen Furniture and Fixtures Market: Trends, Opportunities and Forecasts (2016-2021)" report to their offering.

The Kitchen Furniture and Fixtures market is driven by surging urbanization and remodeling in residential kitchens. Kitchen Furniture and Fixtures is gaining momentum in investments with a consistent growth in the hotel industry which in turn thrives on rise in travel and tourism. Moreover the developed regions with a high percentage of population living in the urban areas have been the primary consumers for kitchen furniture and fixtures and this will present the market with huge growth opportunity and potential in near future.

In terms of region, North America has the fastest growth rate of Kitchen Furniture and Fixtures Market, with maximum market share in United States, while APAC region has a lot more growth opportunities accompanied with growth potential in Australian , China and Indian Market.

Globally, the market for kitchen furniture and fixtures is expected to grow at a CAGR of 3.7% in the period 2016-2021.

Leading players of the industry include Alno Germany, Armstrong, American Woodmark, Hanssem, Howdens Joinery, IKEA Group.

(Source: businesswire.com)