Over the last decade, where India has gone through some tremendous changes with regards to construction, automobile and medical industries, the cabinetry and interior industry has also witnessed an exceptional growth. Having said this, the market of cabinetry and interiors has got the backing with the rapid growth in construction and lifestyle sectors. With the sheer volume of building work going on, there’s no doubt that India will be marked as the world’s third largest construction market in the next ten years. The country has never seen such colossal amount of construction before, in terms of residential, commercial and office blocks. If we talk about the residential construction, over 10 million homes are expected to be built by 2025 giving a large scope to interior market to boom.
With urbanization in major cities like Delhi, Mumbai, Kolkata, Bengaluru, to name some, lifestyle has drastically changed, obviously for the betterment of your lives. In the years gone, people would opt for the conventional methods while now, everyone is more towards contemporary methods. And why wouldn’t they be? With new technologies coming up, it is common to be indulged more in modern ways rather than in conventional ways. And the same goes for the furniture and cabinetry of your house.
Impact of cosmopolitan culture :
The cosmopolitan culture has taken over the interior industry and there is a constant urge amongst everyone to give their space a contemporary look. And this is not just limited to the home. If you see office spaces now, there is an influence of cosmopolitan interiors. You will find bean bags, murals, stylish desks, folder cabinets, various lighting fixtures, and many other such things in the office. Even restaurants and cafes have adapted trendy and jazzy styles replicating movie sets or theme-based interiors. Having said this, each space has its unique style and it is only fair that you give it the look your space deserves.
Coming to the cabinetry and furniture, there is a plethora of designs that interior designers have come up with. Mostly, nowadays, people opt for theme-based styles for their space. You can select a static theme throughout for your cabinetry or go for fusion styles. For those who like to keep a touch of Indian style in the interiors can opt of modular cabinetry that has traditional artwork like crown molding, cornice, pelmet, cathedral style cabinet doors, and other fine detailing in their designs. When it comes to modern cabinetry, you have push-open cabinets, cabinets with stylish handles, and other such accessories. While both the styles fall under the modular cabinetry category, what makes modern cabinets different from traditional cabinets are the finishes. Traditional cabinets come in solid wood, veneer wood, and wood grain finishes whereas modern cabinets come in melamine, acrylic, lacquer, and other high-gloss finishes.
Growth in the market:
Be it the kitchen cabinets, TV cabinets, bathroom vanities, or wardrobes, the cabinetry division of the interior industry has seen its growth in all areas. Take TV cabinets for example, in the years gone by, our older generation would have stainless steel stands wherein the TV set would be placed along with some flower vase or figurines. While now, you have TV cabinets that offer more than just a home for the TV sets. Nowadays, cabinets are designed to give you more storage space so that you can keep your space de-cluttered and clean. Not only cabinetry, trends like kitchen backsplash, wallpapers, industrial lighting fixtures, have made its mark in the lifestyle of the urbanmillennial. If we talk about numbers, the interior industry,as a whole, is expected to grow at a CAGR of 8.5% from USD 820 million to USD 1,140 million by 2022.
The constant growth and demand for modular cabinetry in India have given rise to a number of players in this industry. We, Kabco Kitchen, are proud to be associated with the same. In partnership with OPPEIN, we offer customized cabinetry solutions that are ergonomically designed to grace your space at affordable prices. #HappyInteriors