Market Overview:
The global electric kitchen appliances market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for energy-efficient and advanced kitchen appliances from households and restaurants across the globe. Additionally, the growing trend of smart homes is also propelling the growth of this market. On the basis of type, small electric kitchen appliances are expected to dominate the global electric kitchen appliances market during 2018-2030. This can be attributed to their low price point and easy installation as compared to large electric kitchen appliances. On account of their high performance and features such as Wi-Fi connectivity, large electric kitchen appliances are witnessing a higher adoption rate in households as well as restaurants across developed countries such as North America and Europe.
Product Definition:
Electric kitchen appliances are devices that use electricity to perform a task in the kitchen. This can include anything from a refrigerator to a microwave oven. The importance of electric kitchen appliances cannot be overstated; they make tasks like cooking and food storage much easier and allow for greater flexibility in the layout of the kitchen.
Small Electric Kitchen Appliances:
Small electric kitchen appliances are the most common type of kitchen equipment that people use on a daily basis. Small kitchen appliances include cooktop, oven, and other small cooking devices. The market for small electric kitchen appliances is driven by factors such as changing lifestyle of consumers due to busy working schedule and growing trend of nuclear families.
Large Electric Kitchen Appliances:
Large electric kitchen appliances are the cooking equipment which is generally used in a restaurant or hotel. The appliance includes oven, grill, fryer and other cooking equipment. Large kitchen appliances have different types of applications and they are widely used in commercial places like hotels, restaurants and food chains etc.
Application Insights:
The household segment dominated the global electric kitchen appliances market in 2017. The growth of this segment can be attributed to increasing urbanization and rising disposable income levels across the globe. As per a 2016 World Population Prospect, published by the United Nations, global population is projected to reach 7 billion in 2030 and 1 billion more by 2050 which will increase demand for advanced kitchen appliances such as washing machines and tumble dryers. This will result in increased adoption of these products at homes globally.
Restaurant application is expected to grow at a significant rate over the forecast period owing to rapid expansion of restaurants across various countries including China, India, Brazil etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding kitchen appliances, high purchasing power of consumers, and easy availability of products with advanced technology. Moreover, presence of major players such as General Electric; Cuisinart; Samsung; and LG Electronics has a positive impact on regional growth.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income coupled with growing population especially in China and India which will increase demand for electric kitchen appliances including refrigerators, cookers & convection ovens at home as well as restaurants. Furthermore, rapid urbanization along with changing lifestyle will drive demand further over this period (2018-2030). Additionally, government initiatives encouraging people towards energy conservation are likely to have a positive impact on industry development over this period (2018-2030).
Growth Factors:
- Increasing demand for electric kitchen appliances in developing countries as a result of rising income levels and changing lifestyles.
- Rapid urbanization, which is leading to the growth of modern kitchens and the increased demand for electric kitchen appliances.
- The growing popularity of open-concept kitchens, which is driving the demand for electric kitchen appliances that are designed to save space and offer multiple functions.
- Rising consumer awareness about the benefits of using energy-efficient electric kitchen appliances, which is resulting in an increase in their adoption across different regions worldwide.
- The increasing trend of home automation, which is making it easier for consumers to control their electrical devices through smart technology, is expected to boost the growth prospects of the global Electric Kitchen Appliances market in years to come
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Kitchen Appliances Market Research Report
By Type
Small Electric Kitchen Appliances, Large Electric Kitchen Appliances
By Application
Household, Restaurant
By Companies
GE, LG, Amica Group, Siemens, Bosch, Philips, Samsung, CDA Appliances, Gorenje, Miele, GE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Electric Kitchen Appliances Market Report Segments:
The global Electric Kitchen Appliances market is segmented on the basis of:
Types
Small Electric Kitchen Appliances, Large Electric Kitchen Appliances
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Restaurant
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- LG
- Amica Group
- Siemens
- Bosch
- Philips
- Samsung
- CDA Appliances
- Gorenje
- Miele
- GE
Highlights of The Electric Kitchen Appliances Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Electric Kitchen Appliances
- Large Electric Kitchen Appliances
- By Application:
- Household
- Restaurant
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Kitchen Appliances Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric kitchen appliances are kitchen appliances that use electricity to cook food. They include ovens, ranges, microwaves, and dishwashers.
Some of the major companies in the electric kitchen appliances market are GE, LG, Amica Group, Siemens, Bosch, Philips, Samsung, CDA Appliances, Gorenje, Miele, GE.
The electric kitchen appliances market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Kitchen Appliances Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Kitchen Appliances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Kitchen Appliances Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Kitchen Appliances Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Kitchen Appliances Market Size & Forecast, 2020-2028
4.5.1 Electric Kitchen Appliances Market Size and Y-o-Y Growth
4.5.2 Electric Kitchen Appliances Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small Electric Kitchen Appliances
5.2.2 Large Electric Kitchen Appliances
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Restaurant
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Kitchen Appliances Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Kitchen Appliances Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small Electric Kitchen Appliances
9.6.2 Large Electric Kitchen Appliances
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Restaurant
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small Electric Kitchen Appliances
10.6.2 Large Electric Kitchen Appliances
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Restaurant
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small Electric Kitchen Appliances
11.6.2 Large Electric Kitchen Appliances
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Restaurant
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small Electric Kitchen Appliances
12.6.2 Large Electric Kitchen Appliances
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Restaurant
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small Electric Kitchen Appliances
13.6.2 Large Electric Kitchen Appliances
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Restaurant
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Kitchen Appliances Market: Competitive Dashboard
14.2 Global Electric Kitchen Appliances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 LG
14.3.3 Amica Group
14.3.4 Siemens
14.3.5 Bosch
14.3.6 Philips
14.3.7 Samsung
14.3.8 CDA Appliances
14.3.9 Gorenje
14.3.10 Miele
14.3.11 GE
