Cooking Hob Market by Type (Built- in, Countertop), Product Type, Control Type, Material, Cooking Zone, Distribution Channel, Category, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Cooking Hob Market by Type (Built- in, Countertop), Product Type, Control Type, Material, Cooking Zone, Distribution Channel, Category, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

Cooking Hob Market Size

The global cooking hob market size was valued at $51.15 billion in 2024 and is projected to reach $74.64 billion by 2030, growing at a CAGR of 6.5% during the forecast period.

Cooking Hob Market Overview

A cooking hob, also known as a cooktop or stove, is a kitchen appliance used for cooking food. It typically consists of a flat surface with multiple cooking zones or burners, each equipped with its own heating element. Cooking hobs can be powered by electricity, gas, or induction, offering users a variety of options for preparing meals. Gas hobs use open flames produced by natural gas or propane to heat cookware directly, providing instant and precise temperature control. Electric hobs utilize heating coils or ceramic glass surfaces to generate heat, while induction hobs use electromagnetic induction to heat the cookware directly, offering rapid heating and energy efficiency. Cooking hobs come in various sizes and configurations, including freestanding, built-in, and portable models, catering to different kitchen layouts and user preferences. They are essential components of modern kitchens, providing a convenient and versatile cooking solution for preparing a wide range of dishes.

Cooking Hob Market Dynamics

• The cooking hob market is expected to witness significant growth in the future due to the increasing demand for energy-efficient cooking appliances, growing popularity of cooking shows and culinary culture, and the expansion of residential construction and kitchen remodelling projects.
• Additionally, the technological advancements in cooking hob features and functionalities, rising disposable incomes and urbanization driving demand for premium kitchen appliances, and growth of smart kitchen appliances and connected cooking hob solutions are the prominent factors driving the growth of the cooking hob market.
• However, the competition from alternative cooking technologies such as microwave ovens and air fryers, regulatory requirements and safety standards for gas-powered cooking hobs, and economic downturns impacting consumer spending on home appliances are restraining the market growth.
• On the contrary, the expansion into emerging markets with rising middle-class populations, development of modular and customizable cooking hob designs for modern kitchens, and integration of renewable energy sources such as solar power for electric cooking hobs are creating opportunities for market growth.

By Product Type, the Electric Hobs Segment Holds the Dominant Position in the Market Revenue

The electric hobs segment emerges as the largest segment in the cooking hob market during the forecast period due to the growing trend towards modern kitchen appliances that offer convenience, efficiency, and safety features. Electric hobs provide users with precise temperature control, quick heating, and easy cleaning, making them attractive options for consumers seeking hassle-free cooking experiences. Additionally, electric hobs are perceived as environmentally friendly alternatives to traditional gas hobs, as they produce fewer emissions and do not require the use of fossil fuels. Furthermore, the increasing availability of induction technology, which uses electromagnetic energy to heat cookware directly, has contributed to the popularity of electric hobs due to their energy efficiency and faster cooking times. Moreover, as urbanization and apartment living become more prevalent, electric hobs offer a space-saving solution for smaller kitchens where gas connections may be limited or unavailable.

By Geography, Asia Pacific is Projected to Show Strong Presence in the Global Market

The Asia Pacific region is anticipated to exhibit a robust presence in the global market due to the rapid urbanization and increasing disposable incomes in countries like China, India, and Japan. As more people move into urban areas and adopt Western lifestyles, there is a growing preference for sleek and efficient cooking solutions that offer convenience and ease of use. Additionally, the rising trend of apartment living and smaller living spaces in urban centers has fueled the demand for compact and space-saving kitchen appliances, making cooking hobs a popular choice among consumers. Moreover, the cultural significance of food and cooking in Asian societies further drives the demand for high-quality cooking appliances that can cater to diverse culinary preferences and cooking styles. Furthermore, increasing awareness of energy efficiency and sustainability has led consumers to seek out energy-efficient cooking hob models, contributing to the market growth in the region.

Key Target Audience:

• Homeowners
• Real Estate Developers
• Kitchen Appliance Retailers
• Interior Designers and Architects
• Hospitality Industry

List of the Key Players Profiled in the Report Includes:

• Asko Appliances
• Broan, Inc.
• BSH Home Appliances Corporation
• Elica S.p.A.
• Faber S.p.A.
• Falmec S.p.A.
• Miele, Inc.
• Panasonic Corporation
• Samsung Electronics
• Whirlpool Corporation
• SMEG S.P.A
• Electrolux Group

Recent Developments:

• In April 2023, Elica S.p.A revealed a strategic collaboration with ilve, an esteemed Italian brand renowned for its expertise in cooking systems, to venture into the home cooking market. The partnership aims to introduce induction ovens and hobs to consumers seeking premium cooking solutions.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:

• Built- in
• Countertop

Market by, Product Type:

• Electric Hobs
• Gas Hobs
• Hybrid Hobs

Market by, Control Type:

• Touch Control
• Twist Control

Market by, Material:

• Glass
• Ceramic
• Metal

Market by, Cooking Zone:

• Below 3 Cooking Zone
• 3 - 6 Cooking Zone
• Above 6 Cooking Zone

Market by, Distribution Channel:

• Direct Sales
• Indirect Sales

Market by, Category:

• Smart
• Conventional

Market by, End User:

• Residential
• Commercial

Market by, Geography:

The cooking hob market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report “Global Cooking Hob Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.