Report ID : AMR1004216 | Industries : Consumer Goods | Published On :December 2023 | Page Count : 237
Global Kitchen Appliances Market Size, Trends, and Growth Opportunity, By Product (Refrigerator, Cooktops & Cooking Range, Ovens, Dishwasher, Range Hood, and Others), By Technology (Conventional, Smart Appliances), By Application (Commercial, Residential), By Region and forecast till 2030.
Global Kitchen Appliances Market
Global Kitchen Appliances Market was valued at USD 235 billion in 2022 and is slated to reach USD 358 billion by 2030 at a CAGR of 6.01% from 2023-2030.
A vast range of domestic cooking, cleaning, and food preservation appliances, including ovens, refrigerators, dishwashers, and more, are produced and sold by the industry known as the worldwide kitchen appliances market. Manufacturing, distributing, and selling of equipment made to help with a variety of culinary and kitchen-related chores for both domestic and commercial use are all included in this market. It occupies a considerable portion of the larger consumer electronics market.
Market Drivers
The market for kitchen appliances is being shaped by a number of important factors. First, growth is being fueled by the growing usage of smart and connected appliances. Consumers are influenced by shifting lifestyles and look for energy-efficient, time-saving solutions. The demand for appliances that facilitate healthy cooking is increasing as a result of health-conscious trends. Additionally, as more people purchase contemporary equipment for convenience and efficiency, economic growth, urbanization, and increased disposable incomes in emerging economies all contribute to rising kitchen appliance sales.
Market Restraints
There are some limitations on the market for kitchen equipment globally. Profit margins may be impacted by economic concerns like changes in material costs and foreign exchange rates. Environmental issues, such as energy use and electronic waste, are getting greater attention. Regulational restrictions, particularly those relating to energy efficiency and safety standards, might be difficult to overcome.
Impact of COVID-19
The COVID-19 had an adverse impact on the world market for kitchen equipment. As more individuals stayed at home, there was initially a boom in demand for home cooking and kitchen renovations. Production and sales, however, were impacted by supply chain disruptions and the uncertain economy. Consumer preferences for appliances have changed over time as they spend more time at home and work remotely, with an increasing emphasis on convenience and health.
Recent Development
In February 2023, Electrolux expanded its range of appliances in India, introducing built-in kitchen appliances. The extended lineup encompasses microwaves, stoves, burners, cooker hobs, dishwashers, and coffee machines. Electrolux's appliances feature an Eco program designed to save water and energy. They are equipped with preset meal settings and a steam mode for nutritious and moist food preparation. Additionally, these appliances provide traditional cooking options like conventional and fan-assisted modes.
Market Segmentation
Global Kitchen Appliances Market is segmented into product, technology and application. By product such as refrigerator, cooktops & cooking range, ovens, dishwasher, range hood, and others. By technology such as conventional, smart appliances. By application such as commercial, residential.
Regional Analysis
Global Kitchen Appliances Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market for kitchen appliances is expanding significantly in the Asia-Pacific region as a result of numerous important factors. The demand for contemporary kitchen equipment has increased as a result of rising disposable incomes, urbanization, and shifting lifestyles. Smart and energy-efficient appliances are becoming more and more popular among consumers. Additionally, the increased preference for cooking at home and dining in less is driving up purchases of kitchenware. The market for kitchen equipment is developing rapidly due to the region's rising middle class and population.
Key Players
This report includes a list of numerous Key Players, namely Electrolux, Dacor, Haier Group, LG Electronics, Morphy Richards, Panasonic Holdings Corporation, Koninklijke Philips N.V., Whirlpool Corporation, SAMSUNG, and Robert Bosch GmbH.
Market Taxonomy
By Product
• Refrigerator
• Cooktops & Cooking Range
• Ovens
• Dishwasher
• Range Hood
• Others
By Technology
• Conventional
• Smart Appliances
By Application
• Commercial
• Residential
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Kitchen Appliances Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Kitchen Appliances Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Kitchen Appliances Market, By Product
5.1. Y-o-Y Growth Comparison, By Product
5.2. Global Kitchen Appliances Market Share Analysis, By Product
5.3. Global Kitchen Appliances Market Size and Forecast, By Product
5.3.1. Refrigerator
5.3.2. Cooktops & Cooking Range
5.3.3. Ovens
5.3.4. Dishwasher
5.3.5. Range Hood
5.3.6. Others
6. Global Kitchen Appliances Market, By Technology
6.1. Y-o-Y Growth Comparison, By Technology
6.2. Global Kitchen Appliances Market Share Analysis, By Technology
6.3. Global Kitchen Appliances Market Size and Forecast, By Technology
6.3.1. Conventional
6.3.2. Smart Appliances
7. Global Kitchen Appliances Market, By Application
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Kitchen Appliances Market Share Analysis, By Application
7.3. Global Kitchen Appliances Market Size and Forecast, By Application
7.3.1. Commercial
7.3.2. Residential
8. Global Kitchen Appliances Market, By Region
8.1. Global Kitchen Appliances Market Share Analysis, By Region
8.2. Global Kitchen Appliances Market Share Analysis, By Region
8.3. Global Kitchen Appliances Market Size and Forecast, By Region
9. North America Kitchen Appliances Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. North America Kitchen Appliances Market Share Analysis, By Product
9.3. North America Kitchen Appliances Market Share Analysis, By Technology
9.4. North America Kitchen Appliances Market Share Analysis, By Application
9.5. North America Kitchen Appliances Market Size and Forecast, By Country
9.5.1. U.S.
9.5.1.1. Market Size and Forecast, By Product
9.5.1.2. Market Size and Forecast, By Technology
9.5.1.3. Market Size and Forecast, By Application
9.5.2. Canada
9.5.2.1. Market Size and Forecast, By Product
9.5.2.2. Market Size and Forecast, By Technology
9.5.2.3. Market Size and Forecast, By Application
9.5.3. Mexico
9.5.3.1. Market Size and Forecast, By Product
9.5.3.2. Market Size and Forecast, By Technology
9.5.3.3. Market Size and Forecast, By Application
10. Europe Kitchen Appliances Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Europe Kitchen Appliances Market Share Analysis, By Product
10.3. Europe Kitchen Appliances Market Share Analysis, By Technology
10.4. Europe Kitchen Appliances Market Share Analysis, By Application
10.5. Europe Kitchen Appliances Market Size and Forecast, By Country
10.5.1. Germany
10.5.1.1. Market Size and Forecast, By Product
10.5.1.2. Market Size and Forecast, By Technology
10.5.1.3. Market Size and Forecast, By Application
10.5.2. France
10.5.2.1. Market Size and Forecast, By Product
10.5.2.2. Market Size and Forecast, By Technology
10.5.2.3. Market Size and Forecast, By Application
10.5.3. UK
10.5.3.1. Market Size and Forecast, By Product
10.5.3.2. Market Size and Forecast, By Technology
10.5.3.3. Market Size and Forecast, By Application
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Product
10.5.4.2. Market Size and Forecast, By Technology
10.5.4.3. Market Size and Forecast, By Application
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Product
10.5.5.2. Market Size and Forecast, By Technology
10.5.5.3. Market Size and Forecast, By Application
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Product
10.5.6.2. Market Size and Forecast, By Technology
10.5.6.3. Market Size and Forecast, By Application
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Product
10.5.7.2. Market Size and Forecast, By Technology
10.5.7.3. Market Size and Forecast, By Application
11. Asia Pacific Kitchen Appliances Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Asia Pacific Kitchen Appliances Market Share Analysis, By Product
11.3. Asia Pacific Kitchen Appliances Market Share Analysis, By Technology
11.4. Asia Pacific Kitchen Appliances Market Share Analysis, By Application
11.5. Asia Pacific Kitchen Appliances Market Size and Forecast, By Country
11.5.1. China
11.5.1.1. Market Size and Forecast, By Product
11.5.1.2. Market Size and Forecast, By Technology
11.5.1.3. Market Size and Forecast, By Application
11.5.2. Japan
11.5.2.1. Market Size and Forecast, By Product
11.5.2.2. Market Size and Forecast, By Technology
11.5.2.3. Market Size and Forecast, By Application
11.5.3. India
11.5.3.1. Market Size and Forecast, By Product
11.5.3.2. Market Size and Forecast, By Technology
11.5.3.3. Market Size and Forecast, By Application
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Product
11.5.4.2. Market Size and Forecast, By Technology
11.5.4.3. Market Size and Forecast, By Application
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Product
11.5.5.2. Market Size and Forecast, By Technology
11.5.5.3. Market Size and Forecast, By Application
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Product
11.5.6.2. Market Size and Forecast, By Technology
11.5.6.3. Market Size and Forecast, By Application
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Product
11.5.7.2. Market Size and Forecast, By Technology
11.5.7.3. Market Size and Forecast, By Application
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Product
11.5.8.2. Market Size and Forecast, By Technology
11.5.8.3. Market Size and Forecast, By Application
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Product
11.5.9.2. Market Size and Forecast, By Technology
11.5.9.3. Market Size and Forecast, By Application
12. Latin America Kitchen Appliances Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Latin America Kitchen Appliances Market Share Analysis, By Product
12.3. Latin America Kitchen Appliances Market Share Analysis, By Technology
12.4. Latin America Kitchen Appliances Market Share Analysis, By Application
12.5. Latin America Kitchen Appliances Market Size and Forecast, Country
12.5.1. Brazil
12.5.1.1. Market Size and Forecast, By Product
12.5.1.2. Market Size and Forecast, By Technology
12.5.1.3. Market Size and Forecast, By Application
12.5.2. Argentina
12.5.2.1. Market Size and Forecast, By Product
12.5.2.2. Market Size and Forecast, By Technology
12.5.2.3. Market Size and Forecast, By Application
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Product
12.5.3.2. Market Size and Forecast, By Technology
12.5.3.3. Market Size and Forecast, By Application
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Product
12.5.4.2. Market Size and Forecast, By Technology
12.5.4.3. Market Size and Forecast, By Application
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Product
12.5.5.2. Market Size and Forecast, By Technology
12.5.5.3. Market Size and Forecast, By Application
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Product
12.5.6.2. Market Size and Forecast, By Technology
12.5.6.3. Market Size and Forecast, By Application
12.5.7. Rest of Latin America
12.5.7.1. Market Size and Forecast, By Product
12.5.7.2. Market Size and Forecast, By Technology
12.5.7.3. Market Size and Forecast, By Application
13. Middle East Kitchen Appliances Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Middle East Kitchen Appliances Market Share Analysis, By Product
13.3. Middle East Kitchen Appliances Market Size and Forecast, By Technology
13.4. Middle East Kitchen Appliances Market Size and Forecast, By Application
13.5. Middle East Kitchen Appliances Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Product
13.5.1.2. Market Size and Forecast, By Technology
13.5.1.3. Market Size and Forecast, By Application
13.5.2. UAE
13.5.2.1. Market Size and Forecast, By Product
13.5.2.2. Market Size and Forecast, By Technology
13.5.2.3. Market Size and Forecast, By Application
13.5.3. Egypt
13.5.3.1. Market Size and Forecast, By Product
13.5.3.2. Market Size and Forecast, By Technology
13.5.3.3. Market Size and Forecast, By Application
13.5.4. Kuwait
13.5.4.1. Market Size and Forecast, By Product
13.5.4.2. Market Size and Forecast, By Technology
13.5.4.3. Market Size and Forecast, By Application
13.5.5. South Africa
13.5.5.1. Market Size and Forecast, By Product
13.5.5.2. Market Size and Forecast, By Technology
13.5.5.3. Market Size and Forecast, By Application
13.5.6. Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Product
13.5.6.2. Market Size and Forecast, By Technology
13.5.6.3. Market Size and Forecast, By Application
14. Competitive Analysis
14.1. Competition Dashboard
14.2. Market share Analysis of Top Vendors
14.3. Key Development Strategies
15. Company Profiles
15.1. Electrolux
15.1.1. Offerings
15.1.2. Key Financials
15.1.3. Business Segment & Geographic Overview
15.1.4. Key Market Developments
15.1.5. Key Strategies
15.2. Dacor
15.2.1. Overview
15.2.2. Offerings
15.2.3. Key Financials
15.2.4. Business Segment & Geographic Overview
15.2.5. Key Market Developments
15.2.6. Key Strategies
15.3. Haier Group
15.3.1. Overview
15.3.2. Offerings
15.3.3. Key Financials
15.3.4. Business Segment & Geographic Overview
15.3.5. Key Market Developments
15.3.6. Key Strategies
15.4. LG Electronics
15.4.1. Overview
15.4.2. Offerings
15.4.3. Key Financials
15.4.4. Business Segment & Geographic Overview
15.4.5. Key Market Developments
15.4.6. Key Strategies
15.5. Morphy Richards
15.5.1. Overview
15.5.2. Offerings
15.5.3. Key Financials
15.5.4. Business Segment & Geographic Overview
15.5.5. Key Market Developments
15.5.6. Key Strategies
15.6. Panasonic Holdings Corporation
15.6.1. Overview
15.6.2. Offerings
15.6.3. Key Financials
15.6.4. Business Segment & Geographic Overview
15.6.5. Key Market Developments
15.6.6. Key Strategies
15.7. Koninklijke Philips N.V.
15.7.1. Overview
15.7.2. Offerings
15.7.3. Key Financials
15.7.4. Business Segment & Geographic Overview
15.7.5. Key Market Developments
15.7.6. Key Strategies
15.8. Whirlpool Corporation
15.8.1. Overview
15.8.2. Offerings
15.8.3. Key Financials
15.8.4. Business Segment & Geographic Overview
15.8.5. Key Market Developments
15.8.6. Key Strategies
15.9. SAMSUNG
15.9.1. Overview
15.9.2. Offerings
15.9.3. Key Financials
15.9.4. Business Segment & Geographic Overview
15.9.5. Key Market Developments
15.9.6. Key Strategies
15.10. Robert Bosch GmbH
15.10.1. Overview
15.10.2. Offerings
15.10.3. Key Financials
15.10.4. Business Segment & Geographic Overview
15.10.5. Key Market Developments
15.10.6. Key Strategies
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