Market Overview:
The global wall ovens market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wall ovens from both, home and commercial users. Additionally, technological advancements in wall ovens are also contributing to the growth of this market. On the basis of type, single wall ovens held a major share of the globalwall ovens market in 2017 and is expected to continue its dominance duringthe forecast period as well. This can be attributedto their low price point and easy installation process as comparedto other types of wall ovens such as doublewallovensand combinedwallovensis also fuelling their demand globally.
Product Definition:
A wall oven is a single oven that is installed into the wall of a kitchen. Wall ovens are often used in kitchens where there is limited space, as they take up less counter space than traditional standalone ovens. They are also more energy efficient, as they heat food more evenly and use less energy than traditional ovens.
Single Wall Oven:
Single wall ovens are the most common type of household cooking appliance. They are available in a wide range of sizes and can be used for both commercial and household purposes. The product is expected to witness significant growth over the forecast period owing to its features such as easy cleaning, less space requirement, energy efficiency along with cost effectiveness.
Double Wall Oven:
Double wall ovens are used in place of standard single wall ovens. They have two separate cooking surfaces; one on the top and other on the bottom. The upper cooking surface is generally a gas or electric range while lower one is a convection, microwave or combination unit.
The primary advantage of double-wall ovens over single-walled ones is that they provide twice the cooking space with improved functionality and efficiency as compared to their counterparts.
Application Insights:
The commercial use segment dominated the global wall ovens market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to increasing demand from hotels, restaurants and food chains across the globe. A large number of hotels and restaurants were opened in Asia Pacific region owing to increased tourism from countries such as China, India and Australia. This has led to an increase in demand for cooking equipment at affordable prices by small scale hotel owners who operate these units on a rental basis only.
The home use segment is expected register notable gains over the forecast period owing to rising disposable income among consumers coupled with easy access to products through online retail channels that offer wide product variety at lower costs compared with brick-and-mortar stores or supermarkets offering similar products directly consumer homes worldwide including North America, Europe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of restaurants and food chains, which makes it an attractive regional market for wall ovens. China, India, Japan, South Korea are some of the countries that have adopted these products on a large scale owing to their features including space saving design and easy cleaning.
The Middle East & Africa is anticipated to be one of the fastest-growing regions from 2018 to 2030 due to increasing awareness about energy conservation among consumers in this region.
North America also accounted for a significant share owing to high adoption rates by households especially in U.S.
Growth Factors:
- Increasing demand for wall ovens in the residential sector as a result of their growing popularity for small kitchens and apartments.
- Rising demand from commercial establishments, such as restaurants and hotels, due to the benefits offered by wall ovens compared to traditional ovens.
- Growing awareness about the health benefits of using wall ovens among consumers, which is resulting in an increase in their adoption rates across all sectors.
- The increasing trend of smart homes and home automation is also expected to drive growth for the Wall Ovens market in the coming years as these appliances are becoming an integral part of this segment.
- Technological advancements being made in this category, such as induction cooking technology, are expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Ovens Market Research Report
By Type
Single Wall Oven, Double Wall Oven, Combined Wall Oven
By Application
Home Use, Commercial Use
By Companies
Bosch, Electrolux, GE Appliances, LG, Whirlpool
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Wall Ovens Market Report Segments:
The global Wall Ovens market is segmented on the basis of:
Types
Single Wall Oven, Double Wall Oven, Combined Wall Oven
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
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:
- Bosch
- Electrolux
- GE Appliances
- LG
- Whirlpool
Highlights of The Wall Ovens 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:
- Single Wall Oven
- Double Wall Oven
- Combined Wall Oven
- By Application:
- Home Use
- Commercial Use
- 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 Wall Ovens 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?
Wall ovens are a type of oven that is typically used in the home. They have a large interior space and are often used to bake bread, cakes, pies, or other types of food.
Some of the major players in the wall ovens market are Bosch, Electrolux, GE Appliances, LG, Whirlpool.
The wall ovens market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wall Ovens 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 Wall Ovens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall Ovens 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 Wall Ovens 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 Wall Ovens Market Size & Forecast, 2018-2028
4.5.1 Wall Ovens Market Size and Y-o-Y Growth
4.5.2 Wall Ovens Market Absolute $ Opportunity
Chapter 5 Global Wall Ovens 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 Wall Ovens Market Size Forecast by Type
5.2.1 Single Wall Oven
5.2.2 Double Wall Oven
5.2.3 Combined Wall Oven
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wall Ovens 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 Wall Ovens Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall Ovens 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 Wall Ovens 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 Wall Ovens Analysis and Forecast
9.1 Introduction
9.2 North America Wall Ovens 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 Wall Ovens Market Size Forecast by Type
9.6.1 Single Wall Oven
9.6.2 Double Wall Oven
9.6.3 Combined Wall Oven
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 Wall Ovens Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
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 Wall Ovens Analysis and Forecast
10.1 Introduction
10.2 Europe Wall Ovens 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 Wall Ovens Market Size Forecast by Type
10.6.1 Single Wall Oven
10.6.2 Double Wall Oven
10.6.3 Combined Wall Oven
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 Wall Ovens Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
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 Wall Ovens Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wall Ovens 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 Wall Ovens Market Size Forecast by Type
11.6.1 Single Wall Oven
11.6.2 Double Wall Oven
11.6.3 Combined Wall Oven
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 Wall Ovens Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
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 Wall Ovens Analysis and Forecast
12.1 Introduction
12.2 Latin America Wall Ovens 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 Wall Ovens Market Size Forecast by Type
12.6.1 Single Wall Oven
12.6.2 Double Wall Oven
12.6.3 Combined Wall Oven
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 Wall Ovens Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
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) Wall Ovens Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wall Ovens 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) Wall Ovens Market Size Forecast by Type
13.6.1 Single Wall Oven
13.6.2 Double Wall Oven
13.6.3 Combined Wall Oven
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) Wall Ovens Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
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 Wall Ovens Market: Competitive Dashboard
14.2 Global Wall Ovens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Electrolux
14.3.3 GE Appliances
14.3.4 LG
14.3.5 Whirlpool
