Market Research

Kitchen Appliances Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 160 Pages Fortune Business Insights Pvt. Ltd. January, 2025 FOB19554708
Best Price Guarantee
Price from $4,850
Length 160 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date January, 2025
SKU FOB19554708

Growth Factors of Kitchen Appliances Market

The Kitchen Appliances market size was valued at USD 159.29 billion in 2023, and the market is now projected tgrow tUSD 27.94 billion by 2032, exhibiting a CAGR of 33.14% during the forecast period of 2024-2032.

At every stage of the supply chain, the COVID-19 pandemic is having a major impact and is spreading quickly across nations. The lockdown restriction brought on by COVID-19 has caused numerous electronic stores worldwide tclose, which has stopped the market's expansion. Furthermore, a decrease in consumer confidence in buying newer types of home care items as a result of consumer company losses or unemployment during such an outbreak has hindered market expansion. Both the sales of products and the rate of manufacture of Kitchen Appliances have decreased. These factors affceted the Kitchen Appliances market growth.

This is the major factor attributing the growth of this particular market. This factor is majorly involved in taking the revenue numbers above the skies and soaring greater heights and alsthe sales and demands have been proliferation and increased its value tgreater extent. Households and other locations frequently use kitchen appliances for their everyday culinary requirements. Such high-performing goods allow consumers tefficiently cut down on the time and effort needed for cooking activities. In essence, consumers take intaccount a number of variables while making purchases, including the tiny appliances' functionality, product characteristics, and compactness. These particular growth driving factors have been recorded tattribute the Kitchen Appliances market share.

A latest trend has been witnessed tproliferate the market growth. This particular trend has been recorded tbe the most profiting trends that have been upgraded taugment the overall market growth. Energy-efficient home appliances are the primary focus of businesses nowadays in order tgive consumers sustainable and comfortable living options. Additionally, the demand for appliances that drastically cut down on energy consumption has increased due trecent government measures that are advantageous tthe creation of high-power-rated appliances. As a result, the market is anticipated tbe driven in the upcoming years by the increased emphasis on the recycling process.

Comprehensive Analysis of Kitchen Appliances Market

The demand for this product is seen increasing due tits growth and increased demand. Due tincreased production scale and more economical manufacturing techniques, the cost of lithium-ion batteries has dropped significantly. The need for installing multipurpose, high-tech kitchen appliances in a variety of home and commercial settings is driven by the expanding infrastructure sector. This is driving up demand for cutting-edge household appliances worldwide. There will probably be long-term prospects for the market for cutting-edge home appliance products due tthe expanding global house remodeling and renovation activities. The rate of urbanization and modernization is increasing globally, which is contributing tthe market's expansion.

The Asia Pacific region has augmented a lot in the past few years in this particular product market. The Asia Pacific region held the biggest revenue share. The product is very popular in this country and the demand for this product has increased. The product is very useful. Due tthe high proportion of middle-class people in the region, the Asia Pacific market commands a significant portion of the worldwide market. Furthermore, the region's need for sustainable kitchen appliances is being fueled by expanding consumer trends in nations like China, Thailand, and India that favor using higher power-rated electrical devices tsave electricity costs. This particular region is actually growing a lot and is anticipated taugment more over the years.

Global markets are fiercely competitive and highly fragmented. Due ttheir creative packaging solutions, a few group of large market companies hold a fair amount of market share. Some of the major Companies includes Electrolux AB (Stockholm, Sweden), The Samsung Group (Seoul, South Korea), LG Electronics Inc. (Seoul, South Korea), BSH Hausgeräte GmbH (Munich, Germany), The Whirlpool Corporation (Michigan, United States)

In March 2021, Samsung revealed a new smart refrigerator with AI built in. Features of this product include videcalling, grocery list creation, and a kitchen entertainment system. Additionally, it has the ability tconnect and sync with multiple devices at once

ATTRIBUTE DETAILS

Study Period 2016-2027

CAGR 3.7% (2020-2027)

Revenue Forecast in 2027 USD 210.80 billion

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Value (USD Billion)

By Product Type Refrigerator

Cooking Appliances

Dishwashers

Others

By Geography North America

■ U.S.

■ Canada

Europe

■ Germany

■ UK

■ France

■ Italy

■ Rest of Europe

Asia Pacific

■ China

■ India

■ Japan

■ South Korea

■ Rest of Asia Pacific

Latin America

■ Brazil

■ Argentina

■ Rest of Latin America

Middle East & Africa

■ South Africa

■ Rest of Middle East & Africa


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Supply Chain and Regulatory Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Qualitative Analysis (in relation to COVID-19)
4.5.1. Impact of COVID-19
4.5.2. Supply Chain Challenges
4.5.3. Potential Opportunities due to COVID-19
5. Global Kitchen Appliances Market Analysis, Insights, and Forecast, 2016-2027
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Product Type (Value)
5.2.1.1. Refrigerators
5.2.1.2. Cooking Appliances
5.2.1.3. Dishwashers
5.2.1.4. Others
5.2.2. By Application (Value)
5.2.2.1. Residential
5.2.2.2. Commercial
5.2.3. By Distribution Channel (Value)
5.2.3.1. Online
5.2.3.2. Offline
5.2.4. By Region (Value)
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Kitchen Appliances Market Analysis, Insights and Forecast, 2016-2027
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Product Type (Value)
6.2.1.1. Refrigerators
6.2.1.2. Cooking Appliances
6.2.1.3. Dishwashers
6.2.1.4. Others
6.2.2. By Application (Value)
6.2.2.1. Residential
6.2.2.2. Commercial
6.2.3. By Distribution Channel (Value)
6.2.3.1. Online
6.2.3.2. Offline
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. By Product Type (Value)
6.2.4.1.1.1. Refrigerators
6.2.4.1.1.2. Cooking Appliances
6.2.4.1.1.3. Dishwashers
6.2.4.1.1.4. Others
6.2.4.2. Canada
6.2.4.2.1. By Product Type (Value)
6.2.4.2.1.1. Refrigerators
6.2.4.2.1.2. Cooking Appliances
6.2.4.2.1.3. Dishwashers
6.2.4.2.1.4. Others
6.2.4.3. Mexico
6.2.4.3.1. By Product Type (Value)
6.2.4.3.1.1. Refrigerators
6.2.4.3.1.2. Cooking Appliances
6.2.4.3.1.3. Dishwashers
6.2.4.3.1.4. Others
7. Europe Kitchen Appliances Market Analysis, Insights and Forecast, 2016-2027
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Product Type (Value)
7.2.1.1. Refrigerators
7.2.1.2. Cooking Appliances
7.2.1.3. Dishwashers
7.2.1.4. Others
7.2.2. By Application (Value)
7.2.2.1. Residential
7.2.2.2. Commercial
7.2.3. By Distribution Channel (Value)
7.2.3.1. Online
7.2.3.2. Offline
7.2.4. By Country (Value)
7.2.4.1. U.K.
7.2.4.1.1. By Product Type (Value)
7.2.4.1.1.1. Refrigerators
7.2.4.1.1.2. Cooking Appliances
7.2.4.1.1.3. Dishwashers
7.2.4.1.1.4. Others
7.2.4.2. France
7.2.4.2.1. By Product Type (Value)
7.2.4.2.1.1. Refrigerators
7.2.4.2.1.2. Cooking Appliances
7.2.4.2.1.3. Dishwashers
7.2.4.2.1.4. Others
7.2.4.3. Italy
7.2.4.3.1. By Product Type (Value)
7.2.4.3.1.1. Refrigerators
7.2.4.3.1.2. Cooking Appliances
7.2.4.3.1.3. Dishwashers
7.2.4.3.1.4. Others
7.2.4.4. Spain
7.2.4.4.1. By Product Type (Value)
7.2.4.4.1.1. Refrigerators
7.2.4.4.1.2. Cooking Appliances
7.2.4.4.1.3. Dishwashers
7.2.4.4.1.4. Others
7.2.4.5. Germany
7.2.4.5.1. By Product Type (Value)
7.2.4.5.1.1. Refrigerators
7.2.4.5.1.2. Cooking Appliances
7.2.4.5.1.3. Dishwashers
7.2.4.5.1.4. Others
7.2.4.6. Rest of Europe
7.2.4.6.1. By Product Type (Value)
7.2.4.6.1.1. Refrigerators
7.2.4.6.1.2. Cooking Appliances
7.2.4.6.1.3. Dishwashers
7.2.4.6.1.4. Others
8. Asia-Pacific Kitchen Appliances Market Analysis, Insights and Forecast, 2016-2027
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Product Type (Value)
8.2.1.1. Refrigerators
8.2.1.2. Cooking Appliances
8.2.1.3. Dishwashers
8.2.1.4. Others
8.2.2. By Application (Value)
8.2.2.1. Residential
8.2.2.2. Commercial
8.2.3. By Distribution Channel (Value)
8.2.3.1. Online
8.2.3.2. Offline
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Product Type (Value)
8.2.4.1.1.1. Refrigerators
8.2.4.1.1.2. Cooking Appliances
8.2.4.1.1.3. Dishwashers
8.2.4.1.1.4. Others
8.2.4.2. India
8.2.4.2.1. By Product Type (Value)
8.2.4.2.1.1. Refrigerators
8.2.4.2.1.2. Cooking Appliances
8.2.4.2.1.3. Dishwashers
8.2.4.2.1.4. Others
8.2.4.3. Japan
8.2.4.3.1. By Product Type (Value)
8.2.4.3.1.1. Refrigerators
8.2.4.3.1.2. Cooking Appliances
8.2.4.3.1.3. Dishwashers
8.2.4.3.1.4. Others
8.2.4.4. Australia
8.2.4.4.1. By Product Type (Value)
8.2.4.4.1.1. Refrigerators
8.2.4.4.1.2. Cooking Appliances
8.2.4.4.1.3. Dishwashers
8.2.4.4.1.4. Others
8.2.4.5. Rest of Asia-Pacific
8.2.4.5.1. By Product Type (Value)
8.2.4.5.1.1. Refrigerators
8.2.4.5.1.2. Cooking Appliances
8.2.4.5.1.3. Dishwashers
8.2.4.5.1.4. Others
9. South America Kitchen Appliances Market Analysis, Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Product Type (Value)
9.2.1.1. Refrigerators
9.2.1.2. Cooking Appliances
9.2.1.3. Dishwashers
9.2.1.4. Others
9.2.2. By Application (Value)
9.2.2.1. Residential
9.2.2.2. Commercial
9.2.3. By Distribution Channel (Value)
9.2.3.1. Online
9.2.3.2. Offline
9.2.4. By Country (Value)
9.2.4.1. Brazil
9.2.4.1.1. By Product Type (Value)
9.2.4.1.1.1. Refrigerators
9.2.4.1.1.2. Cooking Appliances
9.2.4.1.1.3. Dishwashers
9.2.4.1.1.4. Others
9.2.4.2. Argentina
9.2.4.2.1. By Product Type (Value)
9.2.4.2.1.1. Refrigerators
9.2.4.2.1.2. Cooking Appliances
9.2.4.2.1.3. Dishwashers
9.2.4.2.1.4. Others
9.2.4.3. Rest of South America
9.2.4.3.1. By Product Type (Value)
9.2.4.3.1.1. Refrigerators
9.2.4.3.1.2. Cooking Appliances
9.2.4.3.1.3. Dishwashers
9.2.4.3.1.4. Others
10. Middle East & Africa Kitchen Appliances Market Analysis, Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Product Type (Value)
10.2.1.1. Refrigerators
10.2.1.2. Cooking Appliances
10.2.1.3. Dishwashers
10.2.1.4. Others
10.2.2. By Application (Value)
10.2.2.1. Residential
10.2.2.2. Commercial
10.2.3. By Distribution Channel (Value)
10.2.3.1. Online
10.2.3.2. Offline
10.2.4. By Country (Value)
10.2.4.1. South Africa
10.2.4.1.1. By Product Type (Value)
10.2.4.1.1.1. Refrigerators
10.2.4.1.1.2. Cooking Appliances
10.2.4.1.1.3. Dishwashers
10.2.4.1.1.4. Others
10.2.4.2. UAE
10.2.4.2.1. By Product Type (Value)
10.2.4.2.1.1. Refrigerators
10.2.4.2.1.2. Cooking Appliances
10.2.4.2.1.3. Dishwashers
10.2.4.2.1.4. Others
10.2.4.3. Rest of Middle East & Africa
10.2.4.3.1. By Product Type (Value)
10.2.4.3.1.1. Refrigerators
10.2.4.3.1.2. Cooking Appliances
10.2.4.3.1.3. Dishwashers
10.2.4.3.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Kitchen Appliances Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2019
12. Company Profiles
12.1. Electrolux AB
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. The Samsung Group
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. LG Electronics Inc.
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. BSH Hausgerate GmbH
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. The Whirlpool Corporation
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Robert Bosch GmbH
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Koninklijke Philips N.V.
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Miele
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. General Electric Company
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Haier Group Corporation
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
12.11. Beko
12.11.1. Overview
12.11.2. Description
12.11.3. Product Portfolio
12.11.4. Financials (Data as available in public domain and/or on paid databases)
12.11.5. Recent Developments
13. Appendix
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