The global bespoke units market was valued at USD 310.3 million in 2022, growing at a CAGR of 8.1% from 2023 to 2032. The market is expected to reach USD 676.1 million by 2032. The global bespoke units market is expected to exhibit progressive market expansion throughout the forecast period because of the multiple benefits of bespoke units, such as lower cost and operational expenditures.
A bespoke unit is a set of tools that may be altered to satisfy the needs or requirements of the customer. The degree of customization can vary from subtle colour changes to significant adjustments to the unit's dimensions, decals, and detailing. Bespoke units are typical in large eateries, hotels, and canteens. Specially designed for the customer's needs, bespoke units are aesthetically attractive and more effective. The widespread usage of bespoke units in commercial kitchens, hotels, restaurants, and canteens fuels this market's expansion. Their visual appeal, ergonomics, and functionality significantly raise the demand for these products. The customized units' increased utility and aesthetic appeal have increased demand for the product. The diversification of culinary activities, such as using various cooking equipment due to greater technological innovation, has benefitted the global market for bespoke units. Additionally, the trend of open kitchens in grocery stores and the rising demand from professional chefs for ergonomic kitchen layouts promote expanding the custom-made unit market.
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In June 2021, The global expansion of Samsung's unique gadget lineup, which now includes anything from kitchen furnishings to shoe cabinets, has been announced.
In November 2020, Gurgaon-based MADS Creations, a luxury interior concepts and custom design company, unveiled an exclusive collection of custom bar units.
Increasing demand for luxury products- Particularly in developing nations like China and India, rising consumer disposable incomes are a major factor in expanding the market for bespoke units. Spending on luxury items, especially specialized or bespoke products, has increased due to the increasing disposable income. Furthermore, the changing lifestyle of people has increased the demand for luxury products, fueling the market's growth.
High installation cost- The cost of installation of bespoke units is very high as the products used are branded. Furthermore, the setup also costs high, which increases the overall installation cost. This is expected to restrain the market's growth during the forecast period.
The rising popularity of cooking shows- The popularity of cooking competitions and celebrity chefs have changed the conventional view of the kitchen as an entertainment hub, replacing open-concept kitchens with ones that are not only practical but also aesthetically beautiful. Cooking-related TV series are altering public perceptions of cooking. Today, cooking is regarded as an art form which plays a significant role in the total eating experience. All of the aforementioned factors and a rise in consumer preference for technologically advanced goods are anticipated to be lucrative growth opportunities for the market expansion of bespoke units.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Europe emerged as the largest market for the global bespoke units market, with a 34.6% market revenue share in 2022.
Italy has been a major factor in Europe's dominance of the world market for bespoke units. Italy is one of Europe's most popular tourist destinations and has a booming hotel industry; therefore, the demand for custom units is substantially higher there than anywhere else on the planet. The proliferation of upmarket full-service restaurants, quick-service restaurants, canteens, cafés, and luxury hotels also plays a significant part in the European bespoke units market.
Europe Region Bespoke Units Market Share in 2022 - 34.6%
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The end-user segment is divided into high-production kitchens and starred restaurants. The starred restaurants segment dominated the market, with a market share of around 60% in 2022. The increasing disposable income and rising spending power drive the segment's growth.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Million) |
Market size value in 2022 | USD 310.3 Million |
Market size value in 2032 | USD 676.1 Million |
CAGR (2023 to 2032) | 8.1% |
Historical data | 2019-2021 |
Base Year | 2022 |
Forecast | 2023-2032 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | End-User |
As per The Brainy Insights, the size of the bespoke units market was valued at USD 310.3 million in 2022 to USD 676.1 million by 2032.
The global bespoke units market is growing at a CAGR of 8.1% during the forecast period 2023-2032.
Europe emerged as the largest bespoke units market.
Key players in the bespoke units market are Merchant Logo Noel Dempsey Kitchens & Interiors, Style Within Limited, Durat, Maestro, Molteni, Houzz, Joat London Ltd., Bonnet International, Woodberry, The Wood Works, Detour Design, and Athano.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by End-User
4.3.2. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing demand for luxury products
5.3. Restraints
5.3.1. High installation cost
5.4. Opportunities
5.4.1. The rising popularity of cooking shows
5.5. Challenges
5.5.1. Lack of awareness
6. Global Bespoke Units Market Analysis and Forecast, By End-User
6.1. Segment Overview
6.2. High Production Kitchen
6.3. Starred Restaurants
7. Global Bespoke Units Market Analysis and Forecast, By Regional Analysis
7.1. Segment Overview
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. U.K.
7.3.4. Italy
7.3.5. Spain
7.4. Asia-Pacific
7.4.1. Japan
7.4.2. China
7.4.3. India
7.5. South America
7.5.1. Brazil
7.6. Middle East and Africa
7.6.1. UAE
7.6.2. South Africa
8. Global Bespoke Units Market-Competitive Landscape
8.1. Overview
8.2. Market Share of Key Players in Global Bespoke Units Market
8.2.1. Global Company Market Share
8.2.2. North America Company Market Share
8.2.3. Europe Company Market Share
8.2.4. APAC Company Market Share
8.3. Competitive Situations and Trends
8.3.1. Product Launches and Developments
8.3.2. Partnerships, Collaborations, and Agreements
8.3.3. Mergers & Acquisitions
8.3.4. Expansions
9. Company Profiles
9.1. Merchant Logo Noel Dempsey Kitchens & Interiors
9.1.1. Business Overview
9.1.2. Company Snapshot
9.1.3. Company Market Share Analysis
9.1.4. Company Product Portfolio
9.1.5. Recent Developments
9.1.6. SWOT Analysis
9.2. Style Within Limited
9.2.1. Business Overview
9.2.2. Company Snapshot
9.2.3. Company Market Share Analysis
9.2.4. Company Product Portfolio
9.2.5. Recent Developments
9.2.6. SWOT Analysis
9.3. Durat
9.3.1. Business Overview
9.3.2. Company Snapshot
9.3.3. Company Market Share Analysis
9.3.4. Company Product Portfolio
9.3.5. Recent Developments
9.3.6. SWOT Analysis
9.4. Maestro
9.4.1. Business Overview
9.4.2. Company Snapshot
9.4.3. Company Market Share Analysis
9.4.4. Company Product Portfolio
9.4.5. Recent Developments
9.4.6. SWOT Analysis
9.5. Molteni
9.5.1. Business Overview
9.5.2. Company Snapshot
9.5.3. Company Market Share Analysis
9.5.4. Company Product Portfolio
9.5.5. Recent Developments
9.5.6. SWOT Analysis
9.6. Houzz
9.6.1. Business Overview
9.6.2. Company Snapshot
9.6.3. Company Market Share Analysis
9.6.4. Company Product Portfolio
9.6.5. Recent Developments
9.6.6. SWOT Analysis
9.7. Joat London Ltd.
9.7.1. Business Overview
9.7.2. Company Snapshot
9.7.3. Company Market Share Analysis
9.7.4. Company Product Portfolio
9.7.5. Recent Developments
9.7.6. SWOT Analysis
9.8. Bonnet International
9.8.1. Business Overview
9.8.2. Company Snapshot
9.8.3. Company Market Share Analysis
9.8.4. Company Product Portfolio
9.8.5. Recent Developments
9.8.6. SWOT Analysis
9.9. Woodberry
9.9.1. Business Overview
9.9.2. Company Snapshot
9.9.3. Company Market Share Analysis
9.9.4. Company Product Portfolio
9.9.5. Recent Developments
9.9.6. SWOT Analysis
9.10. The Wood Works
9.10.1. Business Overview
9.10.2. Company Snapshot
9.10.3. Company Market Share Analysis
9.10.4. Company Product Portfolio
9.10.5. Recent Developments
9.10.6. SWOT Analysis
9.11. Detour Design
9.11.1. Business Overview
9.11.2. Company Snapshot
9.11.3. Company Market Share Analysis
9.11.4. Company Product Portfolio
9.11.5. Recent Developments
9.11.6. SWOT Analysis
9.12. Athano
9.12.1. Business Overview
9.12.2. Company Snapshot
9.12.3. Company Market Share Analysis
9.12.4. Company Product Portfolio
9.12.5. Recent Developments
9.12.6. SWOT Analysis
List of Table
1. Global Bespoke Units Market, By End-User, 2019-2032 (USD Million)
2. Global High Production Kitchen, Bespoke Units Market, By Region, 2019-2032 (USD Million)
3. Global Starred Restaurants, Bespoke Units Market, By Region, 2019-2032 (USD Million)
4. North America Bespoke Units Market, By End-User, 2019-2032 (USD Million)
5. U.S. Bespoke Units Market, By End-User, 2019-2032 (USD Million)
6. Canada Bespoke Units Market, By End-User, 2019-2032 (USD Million)
7. Mexico Bespoke Units Market, By End-User, 2019-2032 (USD Million)
8. Europe Bespoke Units Market, By End-User, 2019-2032 (USD Million)
9. Germany Bespoke Units Market, By End-User, 2019-2032 (USD Million)
10. France Bespoke Units Market, By End-User, 2019-2032 (USD Million)
11. U.K. Bespoke Units Market, By End-User, 2019-2032 (USD Million)
12. Italy Bespoke Units Market, By End-User, 2019-2032 (USD Million)
13. Spain Bespoke Units Market, By End-User, 2019-2032 (USD Million)
14. Asia Pacific Bespoke Units Market, By End-User, 2019-2032 (USD Million)
15. Japan Bespoke Units Market, By End-User, 2019-2032 (USD Million)
16. China Bespoke Units Market, By End-User, 2019-2032 (USD Million)
17. India Bespoke Units Market, By End-User, 2019-2032 (USD Million)
18. South America Bespoke Units Market, By End-User, 2019-2032 (USD Million)
19. Brazil Bespoke Units Market, By End-User, 2019-2032 (USD Million)
20. Middle East and Africa Bespoke Units Market, By End-User, 2019-2032 (USD Million)
21. UAE Bespoke Units Market, By End-User, 2019-2032 (USD Million)
22. South Africa Bespoke Units Market, By End-User, 2019-2032 (USD Million)
List of Figures
1. Global Bespoke Units Market Segmentation
2. Global Bespoke Units Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Bespoke Units Market Attractiveness Analysis by End-User
9. Global Bespoke Units Market Attractiveness Analysis by Region
10. Global Bespoke Units Market: Dynamics
11. Global Bespoke Units Market Share by End-User (2023 & 2032)
12. Global Bespoke Units Market Share by Regions (2023 & 2032)
13. Global Bespoke Units Market Share by Company (2022)
This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global bespoke units market based on the below-mentioned segments:
Global Bespoke Units Market By End-User:
Global Bespoke Units Market By Region:
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