Asia-Pacific Kitchen Hobs Market Outlook, 2028

Asia-Pacific Kitchen Hobs Market Outlook, 2028

The Asia-Pacific kitchen hobs market is a dynamic and lively landscape that reflects the region's rich culinary traditions, fast urbanization, and technological innovation. The Asia-Pacific kitchen hobs market is a fascinating blend of traditional cooking habits and cutting-edge advancements, comprising nations ranging from China and Japan to India, Australia and South Korea. This market encapsulates the confluence of centuries-old culinary heritage with the modern demands of fast-paced urban lifestyles, resulting in a tapestry of trends that affect how people cook and interact with their kitchens. Kitchen hobs are more than just practical appliances in this region; they are a reflection of cultural values, culinary expertise, and the revolutionary impact of technology, catering to a wide range of preferences and cooking techniques across different nations. The increasing adoption of innovative and energy-efficient cooking technology, with a special emphasis on induction hobs, is one key development in the Asia-Pacific area related to kitchen hobs. Because of its economy, precision, and safety features, induction cooking has gained substantial appeal in a number of countries in the region. Induction hobs have grown in popularity in countries such as China, Japan, South Korea, and India. Because the surface remains cool to the touch, these hobs provide fast heating, accurate temperature control, and a safer cooking experience. Induction technology adoption is being driven not only by environmental concerns but also by the demand for faster and more convenient cooking methods in urban households with hectic schedules.

According to the research report, “Asia-Pacific Kitchen Hobs Market Outlook, 2028” published by Bonafide Research, the market is anticipated to grow at CAGR of more than 6% from 2023 to 2028. In the Asia-Pacific kitchen hob market, smart technology integration is also making major progress. Manufacturers are putting Wi-Fi connectivity and smart control choices into their kitchen hobs since the region has some of the world's most tech-savvy people. Through smartphone apps, users may remotely adjust cooking settings, receive notifications, and even access recipe suggestions. Different Asian countries have distinct cooking techniques and tastes. Manufacturers are designing kitchen hobs to accommodate specific culinary techniques. Some induction hobs, for instance, are constructed with characteristics that allow for wok cooking, a traditional and frequently utilized technique in many Asian cuisines. Multi-burner kitchen hobs are popular in nations where family gatherings and communal cooking are widespread. These hobs enable the simultaneous preparation of many dishes, responding to the cultural tradition of communal dining and lavish feasts. In terms of culinary traditions and cooking skills, the Asia-Pacific region is highly diverse. Each country has its own distinct cuisine and cooking practices, which can have an impact on the design and characteristics of kitchen hobs. Manufacturers may need to take into account changes in cooking styles, such as stir-frying, steaming, or wok cooking, and design hobs to meet these individual needs. Kitchen design preferences are influenced by cultural norms and aesthetics. The distinct cultural influences of the Asia-Pacific region may influence the design, materials, and colors of kitchen hobs to accord with local tastes.

Based on the countries, China is leading the market with significant market share in Asia-Pacific kitchen hobs market in 2022.
China has the world's largest population, which offers a massive market base for many types of items, including kitchen appliances such as hobs. Because of the sheer number of people, producers have a large market opportunity. China's steady economic expansion has increased disposable income for a large segment of the population. As a result, more consumers have the financial means to invest in higher-quality, more modern kitchen appliances, such as kitchen hobs. Many Chinese cities have high-rise apartment living, which frequently has limited cooking space. As a result, there is a greater need for space-saving and efficient kitchen appliances, such as tiny hobs. According to research conducted by the China Household Appliance Industry Association, Chinese customers replace their kitchen hobs every 7 years on average. This is less than the usual lifespan of a kitchen hob in other nations, which is roughly ten years. This is due to a number of factors. First, as Chinese consumers get more prosperous, they are more willing to invest in new appliances on a regular basis. Second, technological innovation moves quickly in China, and new kitchen hobs with features like induction cooking and touch controls are routinely developed. Third, in recent years, the cost of kitchen hobs in China has decreased, making them more affordable for customers.

Based on types, built-in-hobs type is predicted to grow at more than 8% CAGR in Asia-Pacific Kitchen Hobs Market from 2023-2028.

Due to high population density and tiny housing sizes, many countries in the Asia-Pacific region, particularly in urban areas, have restricted kitchen space. The utilization of available space is maximized with built-in hobs, which are efficient since they blend perfectly into counters. The use of energy-efficient appliances is being encouraged by some governments in the Asia-Pacific region by way of incentives. When compared to conventional freestanding hobs, built-in hobs frequently have higher energy efficiency ratings, making them a wise choice for homeowners looking to reduce their energy costs. The kitchen is the hub of the home in many Asian cultures. Families assemble there to prepare meals, eat, and interact. Customers who want to design a sleek, stylish kitchen will find built-in hobs to be more appealing than conventional freestanding hobs, which is appealing to consumers who want to create a stylish and functional kitchen space. Built-in hobs are growing in popularity in India as people turn away from conventional cooking appliances like wood-burning stoves. Built-in hobs are thought to be a more practical and effective way to cook, as well as having a more contemporary appearance. Furthermore, based on ignition market is divided into gas/liquid fuel, and electric. Electric ignition type is expected to grow at the fastest rate during the forecast period. Asia-Pacific, which ideally complements the rapid urbanization and small living areas that are common in the area. The compact and streamlined design of electric ignition hobs naturally integrates into modern kitchen layouts, optimizing space while radiating a contemporary aesthetic appeal as people move to urban areas and apartment living becomes the norm. Furthermore, in areas with stricter gas safety restrictions, the safety benefit of electric ignition resonates strongly.

Based on Burner/ Induction Zone, six burner segment is predicted to register highest growth rate in Asia-Pacific kitchen hobs market.

In the Asia-Pacific area, there is a rising need for appliances made for business use. This is a result of the area's rising restaurant and cafe popularity. Commercial kitchens frequently choose six-burner hobs because they offer the strength and adaptability required to swiftly and effectively prepare large quantities of food. The Asia-Pacific area is seeing a rise in the popularity of induction cooking. Induction hobs offer a more accurate level of heat control and are more energy-efficient than conventional gas or electric hobs. Six-burner induction hobs are the best of both worlds since they give a ton of cooking space and increase induction cooking's energy efficiency. The demand is influenced by the presence of large families and multigenerational households in different countries of the Asia-Pacific, which contributes to the demand for larger cooking surfaces. Six-burner hobs accommodate the cooking needs of diverse household structures. As they include a number of capabilities that might make cooking simpler and more convenient, smart appliances are gaining popularity. In the upcoming years, demand for six-burner hobs with smart features like voice control and remote monitoring is anticipated to soar.

Based on distribution channel, online channel is expected to register highest CAGR in Asia-Pacific Kitchen Hobs market.

Kitchen hobs are majorly distributed through speciality stores in Asia-Pacific region is playing crucial role as well in the development of kitchen hobs market in Asia-Pacific region. In addition online channel is significantly growing in Asia-Pacific region and is expected to register highest CAGR of the market as well. In the Asia-Pacific area, online shopping is becoming increasingly popular. This is due to the ease of shopping from home and having the product delivered directly to your door. Kitchen hobs are a large item that might be difficult to transfer to and from a store. Kitchen hobs can be purchased online without having to worry about shipment. Amazon, Alibaba, and Flipkart are the region's top online distributors for kitchen hobs.

Market Dynamics

• Market Drivers: Smart technology integration in kitchen appliances, particularly hobs, is gaining traction. Smart hobs cater to tech-savvy users by providing features such as remote control, automated cooking, and integration with other smart devices. Furthermore, significant urbanization has occurred in the Asia-Pacific area, resulting in smaller living spaces and increased need for space-efficient and sophisticated kitchen appliances. This tendency has helped kitchen hobs, which are an essential component of modern kitchens
• Market Restraints: In several developing Asia-Pacific countries, an insufficient or inconsistent power supply may limit the use of electric cooking hobs. In locations where electricity supply is unpredictable, gas-powered hobs may be preferred. The Asia-Pacific area is made up of countries with a wide range of income levels. Certain parts of the population may regard high-quality kitchen hobs as pricey, restricting their market penetration.
• Market Trends: The popularity of built-in or integrated kitchen equipment is growing. Built-in kitchen hobs give kitchens a clean and modern aesthetic while saving space and allowing for improved kitchen design and organization. In terms of culinary preferences and cooking methods, the Asia-Pacific region is extremely diverse. Manufacturers of kitchen hobs have responded to this diversity by providing hobs that accommodate a variety of cooking styles and fuel types, such as gas, electric, and induction hobs.

Market Players Insights
LG Corporation, Whirlpool Corporation, Samsung Group, Siemens AG, Electrolux AB , Arçelik A.Ş. , Haier Group Corporation, Sub-Zero Group, Inc., Midea Group Co Ltd, Elica S.p.A., Miele & Cie. KG, Vatti Corporation, Teka Group, Gorenje, Allgemeine Elektricitäts-Gesellschaft AG, Bajaj Electricals, Franke Holding AG.Ltd, Stovekraft, IFB Home Appliances.

Considered in this report
• Geography: Asia-Pacific
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Asia-Pacific Kitchen Hobs with its value and forecast along with its segments
• Country-wise Kitchen Hobs market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• China
• Japan
• India
• Australia
• South Korea

By Types
• Free Standing
• Built-In Hobs

By Ignition
• Gas/liquid fuel
• Electric

By Burner/Induction Zone
• Four Burner
• Two Burner
• Three Burner
• Five Burner
• Six Burner

By Distribution Channel
• Specialty retail stores
• Hypermarket/supermarket
• Multi Brand Stores
• Online channels (company Websites, 3rd party online platform)

The approach of the report
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the Kitchen Hobs industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.




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