Global Large Cooking Appliance Market Databank
The Large Cooking Appliance market was valued at $25,800.0 Million in 2020, and is projected to reach $42,690.4 Million by 2029 growing at a CAGR of 5.80% from 2021 to 2029. Cooktops segment is expected to be the highest contributor to this market, with $10,932.9 Million in 2020, and is anticipated to reach $18,330.7 Million by 2029, registering a CAGR of 5.96%. Cooktops and Ovens segments collectively expected to account for about 75.7% share of the Large Cooking Appliance market in 2020, with the former constituting around 42.4% share. Cooktops and Ovens segments are expected to witness significant growth rates at a CAGR of 5.96% and 5.90% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 75.7% in the overall Large Cooking Appliance market in 2020, and is anticipated to reach 76.6% by 2029.
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