Market Overview:
The global kitchen cooking 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 smart kitchen appliances across the globe. Additionally, the growing trend of modular kitchens is also propelling the growth of this market. On the basis of type, microwaves accounted for a major share in 2017 and are expected to maintain their dominance during the forecast period as well. This can be attributed to their low price point and rising popularity among consumers for reheating food items or preparing small meals quickly. Ovens are another key type segment in this market, with sales being driven by their ability to cook large quantities of food at once as compared to microwaves ovens.
Product Definition:
Kitchen cooking appliances are devices used in the kitchen for cooking food. They include ovens, microwaves, toasters, and blenders. The use of these appliances can make cooking easier and faster.
Microwaves:
The microwave oven is a cooking appliance which uses electromagnetic radiation to heat food. It’s an easy and fast way of cooking. Microwave ovens cook food at very high speed, 2 or 3 times faster than regular convection or conventional ovens. The microwaves are absorbed by water molecules and the water changes into steam, thus the food is cooked in a short time without using any oil or gas markups.
Ovens:
An oven is a mechanical device used for heating and cooking food. Ovens can be small or large, depending on the requirements. They are available in various types such as gas, electric, convection and microwave ovens. Microwave ovens cook food in a short period of time (from 1 to 2 minutes), whereas conventional ones take longer but can heat up a larger area (up to 500 square feet).
Application Insights:
The household segment dominated the global kitchen cooking appliances market in 2017, accounting for more than 60.0% share of the overall revenue. The growth can be attributed to a rise in demand for energy-efficient and compact devices that offer easy cleaning with less space consumption. Furthermore, rising disposable income levels coupled with increasing urbanization is expected to drive product demand over the forecast period.
Commercial application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in tourism and hospitality industries across various regions including Asia Pacific, Europe and North America where professional chefs are employed by hotels.
Regional Analysis:
Asia Pacific dominated the global kitchen appliances market in 2017. This is attributed to growing trend of nuclear families with single breadwinner households, which increases the importance of convenient and efficient cooking appliances for household use. Furthermore, increasing disposable income levels coupled with rapid urbanization across countries such as China and India are expected to be key factors driving regional growth over the forecast period.
Europe is anticipated to witness significant growth over the next eight years owing to increasing awareness regarding energy-efficient products along with rising environmental concerns among consumers. Moreover, presence of well-established manufacturing industries for home automation products will also help boost product demand in this region during same period. North America held a substantial share in global market space due to high concentration of UHNWI population who prefer luxury lifestyle and have higher spending capacity thus fueling demand for technologically advanced cooking appliances including induction cooktops, smart ovens etc., which emit electromagnetic waves instead of heat like conventional electric stove top models do ( induction cookers ).
Growth Factors:
- Rising disposable income of the population: The disposable income of the population is rising, which is resulting in an increase in demand for kitchen cooking appliances.
- Urbanization and modernization: There is a growing trend of urbanization and modernization, which is leading to an increase in the demand for kitchen cooking appliances.
- Technological advancements: There has been a significant advancement in technology over the past few years, which has led to the development of new and innovative kitchen cooking appliances. This is resulting in an increase in their demand among consumers.
- Changing lifestyles: The lifestyles of people are changing, with more people now preferring to cook at home rather than eat out at restaurants or cafes. This is leading to an increased demand for kitchen cooking appliances such as ovens, microwaves, etc., among consumers worldwide.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Kitchen Cooking Appliances Market Research Report
By Type
Microwaves, Ovens, Cooktops, Range Hoods, Rice Cookers, Others
By Application
Household, Commercial
By Companies
Samsung, LG, Whirlpool, Philips, Hitachi, AB Electrolux, Haier (GE Appliances), Robert Bosch, Morphy Richards, Panasonic, BSH Appliance, Midea, Joyoung, Galanz, Daewoo, Kenmore (Sears), FABER, ROBAM, FOTILE, SUPOR (SEB)
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Kitchen Cooking Appliances Market Report Segments:
The global Kitchen Cooking Appliances market is segmented on the basis of:
Types
Microwaves, Ovens, Cooktops, Range Hoods, Rice Cookers, 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
Household, Commercial
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:
- Samsung
- LG
- Whirlpool
- Philips
- Hitachi
- AB Electrolux
- Haier (GE Appliances)
- Robert Bosch
- Morphy Richards
- Panasonic
- BSH Appliance
- Midea
- Joyoung
- Galanz
- Daewoo
- Kenmore (Sears)
- FABER
- ROBAM
- FOTILE
- SUPOR (SEB)
Highlights of The Kitchen Cooking 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:
- Microwaves
- Ovens
- Cooktops
- Range Hoods
- Rice Cookers
- Others
- By Application:
- Household
- Commercial
- 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 Kitchen Cooking 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?
Kitchen cooking appliances are kitchen tools that can be used to cook food. These appliances include ovens, microwaves, stoves, and other cooking equipment.
Some of the key players operating in the kitchen cooking appliances market are Samsung, LG, Whirlpool, Philips, Hitachi, AB Electrolux, Haier (GE Appliances), Robert Bosch, Morphy Richards, Panasonic, BSH Appliance, Midea, Joyoung, Galanz, Daewoo, Kenmore (Sears), FABER, ROBAM, FOTILE, SUPOR (SEB).
The kitchen cooking 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 Kitchen Cooking 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 Kitchen Cooking Appliances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Kitchen Cooking 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 Kitchen Cooking 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 Kitchen Cooking Appliances Market Size & Forecast, 2018-2028
4.5.1 Kitchen Cooking Appliances Market Size and Y-o-Y Growth
4.5.2 Kitchen Cooking Appliances Market Absolute $ Opportunity
Chapter 5 Global Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Type
5.2.1 Microwaves
5.2.2 Ovens
5.2.3 Cooktops
5.2.4 Range Hoods
5.2.5 Rice Cookers
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kitchen Cooking 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 Kitchen Cooking 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 Kitchen Cooking Appliances Analysis and Forecast
9.1 Introduction
9.2 North America Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Type
9.6.1 Microwaves
9.6.2 Ovens
9.6.3 Cooktops
9.6.4 Range Hoods
9.6.5 Rice Cookers
9.6.6 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 Kitchen Cooking Appliances Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
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 Kitchen Cooking Appliances Analysis and Forecast
10.1 Introduction
10.2 Europe Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Type
10.6.1 Microwaves
10.6.2 Ovens
10.6.3 Cooktops
10.6.4 Range Hoods
10.6.5 Rice Cookers
10.6.6 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 Kitchen Cooking Appliances Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
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 Kitchen Cooking Appliances Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Type
11.6.1 Microwaves
11.6.2 Ovens
11.6.3 Cooktops
11.6.4 Range Hoods
11.6.5 Rice Cookers
11.6.6 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 Kitchen Cooking Appliances Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
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 Kitchen Cooking Appliances Analysis and Forecast
12.1 Introduction
12.2 Latin America Kitchen Cooking Appliances 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 Kitchen Cooking Appliances Market Size Forecast by Type
12.6.1 Microwaves
12.6.2 Ovens
12.6.3 Cooktops
12.6.4 Range Hoods
12.6.5 Rice Cookers
12.6.6 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 Kitchen Cooking Appliances Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
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) Kitchen Cooking Appliances Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Kitchen Cooking Appliances 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) Kitchen Cooking Appliances Market Size Forecast by Type
13.6.1 Microwaves
13.6.2 Ovens
13.6.3 Cooktops
13.6.4 Range Hoods
13.6.5 Rice Cookers
13.6.6 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) Kitchen Cooking Appliances Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
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 Kitchen Cooking Appliances Market: Competitive Dashboard
14.2 Global Kitchen Cooking Appliances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 LG
14.3.3 Whirlpool
14.3.4 Philips
14.3.5 Hitachi
14.3.6 AB Electrolux
14.3.7 Haier (GE Appliances)
14.3.8 Robert Bosch
14.3.9 Morphy Richards
14.3.10 Panasonic
14.3.11 BSH Appliance
14.3.12 Midea
14.3.13 Joyoung
14.3.14 Galanz
14.3.15 Daewoo
14.3.16 Kenmore (Sears)
14.3.17 FABER
14.3.18 ROBAM
14.3.19 FOTILE
14.3.20 SUPOR (SEB)
