Market Overview:
The global gas stoves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for gas stoves from the residential and commercial sectors, especially in developing countries. In terms of type, the LPG stove segment is expected to lead the global gas stoves market during the forecast period, followed by coal gas stove and natural gas stove segments. Among applications, home use segment is projected to account for a major share of the global market during 2018-2030 owing to rising demand for energy-efficient appliances across regions.
Product Definition:
A gas stove is a kitchen appliance that uses natural gas or propane to produce heat. It consists of a burner that is connected to a pipe supplying the fuel, and an oven below the burner.
LPG Stove:
LPG stove is a small portable gas fuelled device used for cooking. It has the ability to burn liquefied petroleum gas (LPG) and can be used in all types of stoves including induction, electric, wood-burning and coal-burning. LPG Stove market is expected to witness significant growth over the forecast period owing to increasing demand for these devices from developing countries such as China & India among others.
Coal Gas Stove:
Coal gas stove is a type of fuel-efficient cooking appliance used to cook with natural gas. It is one of the most common and popular ways to use NG in household applications. Coal gas stoves are available in various sizes, from small portable models for camping and tailgating to large stationary units suitable for kitchens or laundry rooms.
The primary benefit offered by these appliances is their ability to utilize inexpensive natural gas instead of expensive propane or wood pellets for cooking.
Application Insights:
The other application segment includes camping stoves, agricultural use and industrial use. The home-use application is projected to be the fastest-growing at an estimated CAGR of XX% from 2018 to 2030 owing to increasing gas connections in households across countries such as India, China and Bangladesh. In addition, easy availability of LPG cylinders has led consumers towards using gas instead of charcoal for cooking which will drive demand over the forecast period.
Commercial applications include hotels/restaurants and public places such as airports, hospitals.
Regional Analysis:
Asia Pacific dominated the global gas stoves market in 2017 owing to increasing number of households, growing population, and rapid urbanization. Moreover, rising disposable income levels and changing lifestyle are expected to drive the regional product demand over the forecast period. China is projected to remain a key consumer as it accounted for more than 30% of total consumption in 2017.
North America is estimated to witness significant growth over the next eight years on account of increasing adoption by camping & adventure sports participants due to high availability at cheaper rates coupled with ease in installation process as compared to other luxury camp stoves such as wood-fired ones or electric ones. The U.S., being a developed economy has higher penetration rate for these products which can be attributed largely towards their use at home instead of commercial applications owing mainly its high price when compared against coal based counterparts; however this trend may change with time.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for gas stoves from rural households due to their easy installation and low maintenance cost as compared to traditional cooking methods.
- Rising disposable income of the middle-class population in developing countries, who are increasingly shifting towards modern kitchen appliances, including gas stoves.
- Rapid urbanization and growing trend of nuclear families are leading to an increase in the demand for gas stoves across residential segments.
- Technological advancements in gas stove design and features that offer better safety, efficiency, and performance are resulting in higher adoption rates among consumers globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Stoves Market Research Report
By Type
LPG Stove, Coal Gas Stove, Natural Gas Stove, Others
By Application
Home Use, Commercial Use, Other
By Companies
Bakers Pride, BlueStar, Cooking Performance Group, Electrolux, FOTILE, Frigidaire, Garland, GE, Kenmore, LG, Bakers Pride, Midea, Robam, SACON, SAKURA, Samsung, Siemens, Southbend, Thermador, Vatti, Vulcan, Whirlpool, Wolf
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Gas Stoves Market Report Segments:
The global Gas Stoves market is segmented on the basis of:
Types
LPG Stove, Coal Gas Stove, Natural Gas Stove, Others
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
Home Use, Commercial Use, Other
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:
- Bakers Pride
- BlueStar
- Cooking Performance Group
- Electrolux
- FOTILE
- Frigidaire
- Garland
- GE
- Kenmore
- LG
- Bakers Pride
- Midea
- Robam
- SACON
- SAKURA
- Samsung
- Siemens
- Southbend
- Thermador
- Vatti
- Vulcan
- Whirlpool
- Wolf
Highlights of The Gas Stoves 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:
- LPG Stove
- Coal Gas Stove
- Natural Gas Stove
- Others
- By Application:
- Home Use
- Commercial Use
- Other
- 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 Gas Stoves 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?
A gas stove is a type of stove that uses natural gas as its fuel.
Some of the major companies in the gas stoves market are Bakers Pride, BlueStar, Cooking Performance Group, Electrolux, FOTILE, Frigidaire, Garland, GE, Kenmore, LG, Bakers Pride, Midea, Robam, SACON, SAKURA, Samsung, Siemens, Southbend, Thermador, Vatti, Vulcan, Whirlpool, Wolf.
The gas stoves 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 Gas Stoves 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 Gas Stoves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas Stoves 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 Gas Stoves 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 Gas Stoves Market Size & Forecast, 2018-2028
4.5.1 Gas Stoves Market Size and Y-o-Y Growth
4.5.2 Gas Stoves Market Absolute $ Opportunity
Chapter 5 Global Gas Stoves 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 Gas Stoves Market Size Forecast by Type
5.2.1 LPG Stove
5.2.2 Coal Gas Stove
5.2.3 Natural Gas Stove
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Gas Stoves 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 Gas Stoves Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas Stoves 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 Gas Stoves 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 Gas Stoves Analysis and Forecast
9.1 Introduction
9.2 North America Gas Stoves 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 Gas Stoves Market Size Forecast by Type
9.6.1 LPG Stove
9.6.2 Coal Gas Stove
9.6.3 Natural Gas Stove
9.6.4 Others
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 Gas Stoves Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.10.3 Other
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 Gas Stoves Analysis and Forecast
10.1 Introduction
10.2 Europe Gas Stoves 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 Gas Stoves Market Size Forecast by Type
10.6.1 LPG Stove
10.6.2 Coal Gas Stove
10.6.3 Natural Gas Stove
10.6.4 Others
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 Gas Stoves Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.10.3 Other
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 Gas Stoves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Gas Stoves 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 Gas Stoves Market Size Forecast by Type
11.6.1 LPG Stove
11.6.2 Coal Gas Stove
11.6.3 Natural Gas Stove
11.6.4 Others
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 Gas Stoves Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.10.3 Other
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 Gas Stoves Analysis and Forecast
12.1 Introduction
12.2 Latin America Gas Stoves 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 Gas Stoves Market Size Forecast by Type
12.6.1 LPG Stove
12.6.2 Coal Gas Stove
12.6.3 Natural Gas Stove
12.6.4 Others
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 Gas Stoves Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.10.3 Other
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) Gas Stoves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Gas Stoves 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) Gas Stoves Market Size Forecast by Type
13.6.1 LPG Stove
13.6.2 Coal Gas Stove
13.6.3 Natural Gas Stove
13.6.4 Others
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) Gas Stoves Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.10.3 Other
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 Gas Stoves Market: Competitive Dashboard
14.2 Global Gas Stoves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bakers Pride
14.3.2 BlueStar
14.3.3 Cooking Performance Group
14.3.4 Electrolux
14.3.5 FOTILE
14.3.6 Frigidaire
14.3.7 Garland
14.3.8 GE
14.3.9 Kenmore
14.3.10 LG
14.3.11 Bakers Pride
14.3.12 Midea
14.3.13 Robam
14.3.14 SACON
14.3.15 SAKURA
14.3.16 Samsung
14.3.17 Siemens
14.3.18 Southbend
14.3.19 Thermador
14.3.20 Vatti
14.3.21 Vulcan
14.3.22 Whirlpool
14.3.23 Wolf
