Global Built-In Kitchen Appliances Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Application (Residential, and Commercial), By Product Type, By Regional Outlook and Forecast, 2023 - 2030

Global Built-In Kitchen Appliances Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Application (Residential, and Commercial), By Product Type, By Regional Outlook and Forecast, 2023 - 2030

The Global Built-In Kitchen Appliances Market size is expected to reach $24.2 billion by 2030, rising at a market growth of 7.5% CAGR during the forecast period.

The aesthetic appeal of built-in ovens & microwaves is a significant factor driving their popularity. These appliances are often designed with a focus on sleek lines, modern finishes, and minimalist aesthetics. Therefore, the built-in ovens & microwaves segment captured $ 2,018.6 million revenue in the market in 2022. Integrating the kitchen's overall design contributes to a cohesive and stylish look, appealing to consumers who prioritize functionality and visual appeal in their kitchen spaces. Built-in ovens & microwaves offer a high degree of customization, allowing homeowners to choose appliances that seamlessly blend with their kitchen's design theme. From selecting matching finishes to coordinating sizes and styles, consumers have the flexibility to create a cohesive and harmonious kitchen layout. This customization enhances the overall design harmony of the space.

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, in November, 2023, Whirlpool Corporation launched SlimTech insulation, which is a vacuum-insulated structure (VIS) technology incorporated into a refrigerator. The new product uses a proprietary material that is vacuum sealed into the door or sides of the refrigerator. In February, 2023, Haier Smart Home Co., Ltd. unveiled the Kinouchi 5 Star Heavy-Duty Pro Air Conditioner series. The new product offers the features of comfort control and supercooling and can be operated using the Haier Smart App.

Based on the Analysis presented in the KBV Cardinal matrix; Samsung Electronics Co., Ltd. and Hisense International Co., Ltd. are the forerunners in the market. In September, 2023, Hisense India Private Limited, a subsidiary of Hisense International Co., Ltd., introduced the television models U7K, U6K, and E7K in India. The new products have the features of mini-LED brilliance and intelligent AI enhancements. Additionally, the new products offer cutting-edge technology and a better viewing experience. Companies such as Panasonic Holdings Corporation, Haier Smart Home Co., Ltd., LG Electronics, Inc. are some of the key innovators in market.

Market Growth Factors

Growing preference for premium and luxury appliances

Premium and luxury built-in appliances are often designed with meticulous attention to aesthetics. High-quality materials, sleek finishes, and elegant designs contribute to the overall visual appeal of the kitchen, making these appliances a statement of luxury and sophistication. Premium and luxury appliances are at the forefront of technological innovation. Consumers are attracted to built-in kitchen appliances incorporating advanced features, smart technologies, and cutting-edge functionalities, providing a seamless and modern cooking experience. The market is expanding significantly due to the growing preference for premium and luxury appliances.

Increasing retail trends and showroom experiences

The availability of these in dedicated showrooms and retail outlets allows consumers to experience the products firsthand. Showroom experiences contribute to informed decision-making and drive consumer interest. Showrooms provide consumers with the opportunity for hands-on exploration of built-in kitchen appliances. Being able to interact with appliances, open doors, operate controls, and experience the functionality firsthand allows consumers to make more informed purchasing decisions. As a result of the increasing retail trends and showroom experiences, the market is anticipated to increase significantly.

Market Restraining Factors

High repair and maintenance costs

Repairing built-in kitchen appliances often requires specialized service technicians due to the complexity of the integration. Consumers may face high service call fees and hourly rates, contributing to the overall expense of maintaining these appliances. Built-in appliances may have limited DIY repair options compared to standalone appliances. Consumers accustomed to fixing minor issues with traditional appliances may find it challenging to address problems in built-in models, leading to increased reliance on professional services. High repair and maintenance costs is a significant challenge that hampers the growth of the market.

Distribution Outlook

On the basis of distribution channel, the market is divided into contract sales, exclusive stores, supermarket & hypermarket, online channels, and others. In 2022, the exclusive stores segment dominated the market with maximum revenue share. Exclusive stores focus on offering a curated selection of built-in kitchen appliances, showcasing the latest models, designs, and features. This curated approach allows consumers to explore options that meet specific design preferences, functionality requirements, and technological advancements. Staff in exclusive stores are often trained experts in the features and specifications of the built-in appliances they sell.

Application Outlook

Based on application, the market is classified into residential and commercial. The commercial segment acquired a substantial revenue share in the market in 2022. In commercial kitchens, where the cooking volume is often high, the customization options offered by built-in appliances become crucial. Customizing the layout and features of the kitchen with built-in appliances allows chefs and kitchen staff to create a functional and efficient workspace tailored to their specific needs. Built-in kitchen appliances in commercial settings contribute to an efficient workflow, leading to increased productivity.

Product Type Outlook

By product type, the market is categorized into built-in ovens & microwaves, built-in hobs, built-in hoods, built-in dishwashers, built-in refrigerators, and others. In 2022, the built-in refrigerators segment held the highest revenue share in the market. Built-in refrigerators contribute to a seamless and integrated appearance in modern kitchens. Built-in refrigerators are designed to optimize space efficiently, making them suitable for kitchens with limited square footage. Built-in refrigerators offer customization options, allowing homeowners to tailor the appliance to their design preferences. Built-in refrigerators contribute to the kitchen's overall functionality, providing convenient access to fresh and frozen foods.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region led the market by generating the highest revenue share. European consumers often prioritize aesthetics in kitchen design. Many European kitchens are characterized by limited space, driving the demand for space-efficient designs. European cities' urbanization and smaller living spaces favour compact and integrated kitchen solutions. There is a growing emphasis on energy efficiency and sustainability in European households.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, AB Electrolux, Haier Smart Home Co., Ltd. (Haier Group Corporation), Whirlpool Corporation, Panasonic Holdings Corporation, LG Electronics, Inc. (LG Corporation), Elica S.p.A. (FAN S.A.), Samsung Electronics Co., Ltd. (Samsung Group), Hisense International Co., Ltd., and Arçelik A.Ş. (Koç Holding A.Ş)

Recent Strategies Deployed in the Built-In Kitchen Appliances Market

Partnerships, Collaborations, and Agreements:

Nov-2023: Hisense International Co., Ltd. entered into a partnership with United Matbouli Group, a leading distributor of home appliances. Under this partnership, Hisense expanded its presence in the regional markets and enhanced their brand experience for customers and business partners.

Nov-2021: Samsung Electronics Co., Ltd. came into an agreement with Mindful Chef Ltd., a British meal kit retailer. Under this agreement, kitchen appliances, including Infinite Line, Dual Cook Flex ovens, Samsung’s combi microwaves and dishwashers, and several other products, were incorporated into the studio and test kitchens of Mindful Chef. Additionally, the partnership helped make healthy eating convenient.

Product Launches and Product Expansions:

Nov-2023: Whirlpool Corporation launched SlimTech insulation, which is a vacuum-insulated structure (VIS) technology incorporated into a refrigerator. The new product uses a proprietary material that is vacuum sealed into the door or sides of the refrigerator. Additionally, the new product reduces the thickness of the refrigerator wall by 66% and increases the capacity inside the refrigerator by 25%.

Sep-2023: Panasonic Life Solutions India Pvt. Ltd., a subsidiary of the Panasonic Holdings Corporation, introduced the Made-in-India refrigerators to enhance their Prime Convertible series product portfolio. The new product offers the features of a bottom-mounted freezer and a larger capacity.

Sep-2023: Hisense India Private Limited, a subsidiary of Hisense International Co., Ltd., introduced the television models U7K, U6K, and E7K in India. The new products have the features of mini-LED brilliance and intelligent AI enhancements. Additionally, the new products offer cutting-edge technology and a better viewing experience.

Feb-2023: Haier Smart Home Co., Ltd. unveiled the Kinouchi 5 Star Heavy-Duty Pro Air Conditioner series. The new product offers the features of comfort control and supercooling and can be operated using the Haier Smart App. Additionally, the new product provides proper cooling at extreme temperatures and Triple Inverter Plus technology to help reduce costs.

Oct-2022: Panasonic Life Solutions India Pvt. Ltd., a subsidiary of the Panasonic Holdings Corporation, launched smart washing machines. The new product is connected with Miraie, a living platform. Additionally, the new product offers the features of scheduled wash programs and built-in heater technology for a better washing experience.

Sep-2022: Hisense International Co., Ltd. launched the U7H TV and next-generation A7H Tornado 2.0 TV series in India. The new product has the features of a 4K, 120Hz native panel that offers Quantum Dot Colour, Dolby Vision IQ, and many more. Additionally, the new product is AMD Free Sync Premium and has an Auto Low Latency Mode (ALLM) that provides a better gaming experience for gamers.

Apr-2022: LG Electronics, Inc. released a wide range of Smart Home Appliances. These products include AI Direct Drive Washing Machines, VIRAAT Air Conditioners, Puricare Wearable Air Purifier, InstaView Door-in-Door and Frost-Free Refrigerators, UV+UF Water Purifiers, and a variety of Charcoal Microwaves. Additionally, these products enhanced LG's position in the market.

Mar-2022: Samsung Electronics Co., Ltd. unveiled the Bespoke French Door Refrigerator to enhance its Bespoke product portfolio. The new product has the options of 3-door and 4-door configurations, as well as the Family Hub. Additionally, the new product offers a wide variety of customized and convenient refrigerators to customers.

Jul-2021: Haier Smart Home Co., Ltd. launched the Smart Sharing AC services. The new product has the feature of being operated through the ‘Smart Sharing AC’ mobile application. Additionally, the new product can function automatically and is equipped with the IoT.

Jan-2021: LG Electronics, Inc. unveiled the LG ThinQ front-load washing machine, a machine that utilizes artificial intelligence to offer precision washing. The new product has the features of an Artificial Intelligent Direct Drive (AI DD) motor. Additionally, the new product identifies the weight as well as the softness of the fabric to determine the optimal motion.

Jan-2020: AB Electrolux launched two products, the Electrolux Connect and the Electrolux app, for the North American market. These new products are operated using Electrolux Connect Technology. Additionally, the new products have the capacity to preheat the oven and monitor temperatures and cooking times.

Acquisition and Mergers:

Feb-2022: HARMAN International, a subsidiary of Samsung Electronics Co., Ltd., completed the acquisition of Apostera, a company providing advanced software solutions. Through this acquisition, the augmented reality (AR) and mixed reality (MR) software solutions of Apostera were integrated with the automotive product offerings of HARMAN. Additionally, this acquisition established the position of HARMAN in the automotive AR/MR experience design.

Jul-2021: AB Electrolux completed the acquisition of La Compagnie du SAV, a company specializing in the repair of large household appliances. Through this acquisition, AB Electrolux enhanced its network in France and achieved increasing market demand in the after-sales service segment.

Sep-2021: Panasonic Holdings Corporation completed the acquisition of Blue Yonder Group, Inc., a supply chain management company. Through this acquisition, the Autonomous Supply Chain was released. Additionally, the sensing technologies and edge devices of Panasonic were integrated with the AI/ML-powered planning and execution solutions of Blue Yonder to construct smarter and more connected retail stores and warehouses.

Geographical Expansions:

Oct-2020: LG Electronics, Inc. expanded its geographical footprint by opening a showroom for the luxury built-in kitchen appliance brand in Europe. The showroom covers an area of 1100 square meters and is located near the Brera District of Milan, an area known for fashion lovers and the Design Week event.

Scope of the Study

Market Segments covered in the Report:

By Distribution Channel

• Exclusive Stores
• Supermarket & Hypermarket
• Online Channels
• Contract Sales
• Others

By Application

• Residential
• Commercial

By Product Type

• Built-in Refrigerators
• Built-in Dishwashers
• Built-in Hobs
• Built-in Ovens & Microwaves
• Built-in Hoods
• Others

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Robert Bosch GmbH
• AB Electrolux
• Haier Smart Home Co., Ltd. (Haier Group Corporation)
• Whirlpool Corporation
• Panasonic Holdings Corporation
• LG Electronics, Inc. (LG Corporation)
• Elica S.p.A. (FAN S.A.)
• Samsung Electronics Co., Ltd. (Samsung Group)
• Hisense International Co., Ltd.
• Arçelik A.Ş. (Koç Holding A.Ş)

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