GLOBAL HOUSEHOLD COOKING APPLIANCES MARKET - MARKET SIZE & FORECAST TO 2032
The global Household Cooking Appliances Market is estimated to be worth of USD 318.36 Billion in 2023 and is
growing at a CAGR of 6.54% during the forecast period from 2023 to 2032. Household cooking appliances are a
crucial component of modern kitchens, providing convenience and ease of use while cooking food. These
appliances come in a wide range of varieties, including ovens, stoves, microwave ovens, slow cookers, blenders,
toasters, pressure cookers, air fryers, and instant pots.
These appliances are made with advanced technology, and come in various sizes, shapes, and colors to suit
different kitchen styles and needs. They offer convenience and efficiency, making it easier to prepare healthy,
delicious meals and snacks at home. Additionally, household cooking appliances are an essential part of modern
kitchens, making cooking and preparing meals easier and more efficient. With the various models available in the
market, homemakers can choose the perfect appliance that meets their cooking needs and preferences. Whether
it’s for baking, cooking, grilling, or toasting, there is an appliance for every kitchen task, making it easier for
homemakers to prepare meals.
Moreover, Smart appliances have also made their way into the household cooking appliances market, with many
companies offering smart ovens, ranges, and cooktops that can be controlled via smartphones and smart home
devices. This has added a new level of convenience and automation to cooking, making it easier for people to
manage their kitchen appliances. Whereas, another trend in the household cooking appliances market is energy-
efficient appliances. With increasing concerns about energy consumption and sustainability, manufacturers are
offering appliances that are designed to conserve energy and reduce the carbon footprint
However, the demand for household cooking appliances is growing due to increasing urbanization, rising disposable
income, and changing lifestyle patterns. Companies are continuously introducing new and innovative products to
cater to changing consumer preferences and to stay ahead of the competition. Also, the online sales of household
cooking appliances are on the rise, driven by convenience and the increasing popularity of e-commerce platforms.
The COVID-19 pandemic has significantly impacted the household cooking appliances market, with a surge in
demand for home cooking and baking products as people spend more time at home. This has led to an increase in
sales of ovens, microwaves, toasters, and other kitchen appliances. Companies are focusing on offering more
innovative products with improved features to meet the growing demand. The market is expected to grow further as
the trend of home cooking continues even after the pandemic ends.
Some of the leading players in the household cooking appliances market include Whirlpool, Samsung, LG,
Panasonic, Electrolux, and Miele.
The Household Cooking Appliances market report has been segmented by Product type, Structure outlook,
Distribution channel, Fuel Type, Application and region.
Based on Product type, the market is segregated into Microwaves, Cooktops, Cooking Ranges, Ovens, Specialized
Appliances, and Range Hoods.
Household cooking appliances market is divided into various segments, including microwaves, cooktops, cooking
ranges, ovens, specialized appliances, and range hoods. Microwaves are the most widely used kitchen appliances,
due to their convenience and ease of use. Cooktops are increasingly popular as they offer a flexible and space-
saving option for cooking. Cooking ranges are a more traditional option, offering a stovetop and oven in one
appliance. Ovens come in various sizes and styles, including conventional, convection, and combination models.
Specialized appliances, such as air fryers, pressure cookers, and slow cookers, are gaining popularity for their
versatility and unique cooking capabilities. Range hoods are important for removing smoke, steam, and cooking
odors from the kitchen. The household cooking appliances market is expected to continue growing as consumers
demand more innovative and convenient cooking options.
On the basis of Structure outlook, the market is categorized into Built-in, Freestanding.
Built-in appliances are designed to be integrated into the kitchen cabinetry, giving a seamless and cohesive look to
the kitchen. These appliances are often more expensive and typically used in high-end, custom-designed kitchens.
Whereas, Freestanding appliances are standalone units that can be placed anywhere in the kitchen. They are more
affordable and flexible, as they can be easily moved or replaced if needed. They are often used in rental properties
and budget-conscious households.
Both types of appliances offer a range of features and price points, allowing consumers to choose the best option
based on their needs and budget.
Based on Distribution channel, the market is segregated into Brick & Mortar, E-commerce
The household cooking appliances market has seen a shift towards online retailing through e-commerce platforms.
Consumers prefer the convenience of online shopping and the ability to compare prices and product specifications.
On the other hand, brick and mortar stores continue to be popular among customers who prefer to touch, feel and
physically inspect the products before purchasing. Both channels offer different advantages and disadvantages,
with brick and mortar stores offering immediate availability of the products and personalized service, while e-
commerce provides wider product options and competitive pricing. The market is expected to grow with an
increasing demand for convenient and technologically advanced household cooking appliances.
Based on fuel type, the market is segregated into Medicinal, Preventive.
The household appliances market has seen a shift towards medicinal and preventive appliances in recent years.
This includes air purifiers, water purifiers, and UV sterilization lamps to improve indoor air and water quality. Smart
devices such as wearable health monitors and smart beds with health tracking features have also gained popularity.
Companies are incorporating health-focused technologies into traditional appliances like refrigerators and washing
machines. This trend is driven by increasing consumer awareness of the impact of home environments on health
and wellness. The market is expected to continue growing as more people prioritize their health and adopt
preventative measures.
Based on application, the market is segregated into Household, Commercial.
Household appliances are designed for personal use in homes and include refrigerators, washing machines, ovens,
air conditioners, and dishwashers, among others. On the other hand, commercial appliances are used in businesses
and public places and include commercial refrigerators, commercial washers, and commercial air conditioners. The
household appliances market is expected to grow due to the increasing demand for energy-efficient and
technologically advanced products. However, the commercial appliances market is expected to grow due to the
increasing demand for food and beverage products and the increasing number of hotels and restaurants. Both the
household and commercial appliances markets are highly competitive, and players are constantly developing new
products to meet changing customer demands.
Based on region, the Household Cooking Appliances Market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and South America.
Among these,. Asia Pacific is expected to hold the largest share in the Household Cooking Appliances market. This is
due to the presence of key players in the region and the large residential sector in ASEAN. Increasing consumer
purchasing power is expected to boost the Asia-Pacific home-cooked food market in the future and contribute to the
market growth rate. In addition, the region has already become a major manufacturing center for home kitchen
appliances due to low labor costs and availability of competitively priced consumer goods. As a result, major
manufacturers from other regions are expanding their operations in the Asia-Pacific region. Urban development,
increasing purchasing power of consumers, gradually changing lifestyles, and early adoption of new technologies are
expected to further fuel the growth of the regional market.
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