Kitchen Appliances Market

Home appliances are the electrical or mechanical devices which are used to complete the household functions like cleaning or cooking. Kitchen appliances are a part of home appliances that are designed to be used in the kitchen for preparing food. These appliances are present in several mechanisms, colors, sizes, and materials. The kitchen appliances are used in the kitchen to accomplish the tasks and play a major role in designing the kitchen. These appliances can be operated by the use of electricity or gas and comprise different devices such as food processors, dishwashers, and coffee makers, among others.

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The major factors which are fuelling the growth of the global kitchen appliances market include the increasing technological advancements for the development of kitchen appliances and changing living standards of the consumers, which is leading to an increase in the adoption of technologically advanced products. In addition, the proliferation of smart homes across several regions is also leading to an increase in the adoption of smart appliances. The increasing disposable income and the growing middle-class and nuclear families is further energizing the demand for kitchen appliances over the coming years.

The rising penetration of women in the workforce, expansion in the distribution channel mainly online are some other factors surging the demand for kitchen appliances among the consumers worldwide. An increase in the demand for fast and easy cooking appliances, growing investments by the companies in the marketing activities of their products are driving the growth of the market. The factors that are hampering the growth of the global kitchen appliances market include the high maintenance & operation costs and rising concerns related to the energy consumption by the appliances.

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Based on the product type, the Refrigerator segment is anticipated to increase at a higher CAGR during the forecast period owing to the accelerating adoption of refrigerators and growing technological advancements for the development of advanced refrigerators to decrease the consumption of energy.

Based on the user application, the Household segment is expected to grow at a higher compound annual growth rate over the forecast period due to the increased usage of kitchen appliances in the household as a result of rapid urbanization and increasing disposable income of the consumers. The shifting trend towards the modular kitchen and an increase in the demand for appliances that makes life easier and comfortable are some other factors driving the market growth of this segment.

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Based on the region, Asia-Pacific is anticipated to grow at a higher compound annual growth rate during the forecast period owing to the increase in the demand for kitchen appliances from emerging economies like India as a result of the rising purchasing power of the consumers. The enhancement in the lifestyle of consumers and increasing urbanization are further fuelling the market growth of this region.

Various notable players operating in the market include Panasonic Corporation, Koninklijke Philips N.V., Haier Inc., AB Electrolux, Samsung, LG Electronics, Dacor, Inc., Morphy Richards, Robert Bosch GmbH, and Whirlpool Corporation among others.

Key Developments:

• • In 2020, Panasonic Corporation collaborated with Drop, a leading smart kitchen platform. Through this collaboration, the company planned to offer an articulated solution, which provides customized navigation that will enable the users to access the advanced features such as resizing recipes along with providing alternatives for the missing ingredients.
  • In 2019, AB Electrolux launched a brand-new kitchen range across Europe, which integrates technology with Scandinavian design that leads to an enhancement in the cooking experience of the consumer. The kitchen range comprises of various connected and smart appliances.

The global kitchen appliances market has been segmented on the basis of product type, user application, fuel type, product structure, distribution channel, and region. Based on the product type, the market is segmented into cooking appliances, refrigerator, dishwasher, and others. Based on the user application, the market is segmented into household and commercial. Based on the fuel type, the market is segmented into the electricity, cooking gas, and others. Based on the product structure, the market is segmented into built-in and free stand appliance. Based on the distribution channel, the market is segmented into specialty stores, supermarket & hypermarket, e-commerce, and others.

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Key questions answered in this research report:

• • At what pace is the global kitchen appliances market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global kitchen appliances market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global kitchen appliances market?
  • Which product type generated maximum revenues in 2019 and identify the most promising product type during the forecast period?
  • What are the distribution channels of the kitchen appliances market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product Type, By User Application, By Fuel Type, By Product Structure, By Distribution Channel, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Panasonic Corporation, Koninklijke Philips N.V., Haier Inc., AB Electrolux, Samsung, LG Electronics, Dacor, Inc., Morphy Richards, Robert Bosch GmbH, and Whirlpool Corporation, among others; a total of 10 companies covered
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Kitchen Appliances Market by Product Type

• • Cooking Appliances
  • Refrigerator
  • Dishwasher
  • Others

Global Kitchen Appliances Market by User Application

• • Household
  • Commercial

Global Kitchen Appliances Market by Fuel Type

• • Electricity
  • Cooking Gas
  • Others

Global Kitchen Appliances Market by Product Structure

• • Built-in
  • Free Stand Appliance

Global Kitchen Appliances Market by Distribution Channel

• • Specialty Stores
  • Supermarket & Hypermarket
  • E-Commerce
  • Others

Global Kitchen Appliances Market by Region

• • North America Kitchen Appliances Market (Option 1: As a part of the free 25% customization)
    • North America Kitchen Appliances Market by Product Type
    • North America Kitchen Appliances Market by User Application
    • North America Kitchen Appliances Market by Fuel Type
    • North America Kitchen Appliances Market by Product Structure
    • North America Kitchen Appliances Market by Distribution Channel
    • US Kitchen Appliances Market All-Up
    • Canada Kitchen Appliances Market All-Up
  • Europe Kitchen Appliances Market (Option 2: As a part of the free 25% Customization)
    • Europe Kitchen Appliances Market by Product Type
    • Europe Kitchen Appliances Market by User Application
    • Europe Kitchen Appliances Market by Fuel Type
    • Europe Kitchen Appliances Market by Product Structure
    • Europe Kitchen Appliances Market by Distribution Channel
    • UK Kitchen Appliances Market All-Up
    • Germany Kitchen Appliances Market All-Up
    • France Kitchen Appliances Market All-Up
    • Spain Kitchen Appliances Market All-Up
    • Rest of Europe Kitchen Appliances Market All-Up
  • Asia-Pacific Kitchen Appliances Market (Option 3: As a part of the free 25% Customization)
    • Asia-Pacific Kitchen Appliances Market by Product Type
    • Asia-Pacific Kitchen Appliances Market by User Application
    • Asia-Pacific Kitchen Appliances Market by Fuel Type
    • Asia-Pacific Kitchen Appliances Market by Product Structure
    • Asia-Pacific Kitchen Appliances Market by Distribution Channel
    • China Kitchen Appliances Market All-Up
    • India Kitchen Appliances Market All-Up
    • Japan Kitchen Appliances Market All-Up
    • Rest of APAC Kitchen Appliances Market All-Up
  • RoW Kitchen Appliances Market (Option 4: As a part of the free 25% Customization)
    • RoW Kitchen Appliances Market by Product Type
    • RoW Kitchen Appliances Market by User Application
    • RoW Kitchen Appliances Market by Fuel Type
    • RoW Kitchen Appliances Market by Product Structure
    • RoW Kitchen Appliances Market by Distribution Channel
    • Brazil Kitchen Appliances Market All-Up
    • South Africa Kitchen Appliances Market All-Up
    • Saudi Arabia Kitchen Appliances Market All-Up
    • UAE Kitchen Appliances Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Kitchen Appliances Market All-Up

Global Kitchen Appliances Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Panasonic Corporation
  • Koninklijke Philips N.V.
  • Haier Inc.
  • AB Electrolux
  • Samsung
  • LG Electronics
  • Dacor, Inc.
  • Morphy Richards
  • Robert Bosch GmbH
  • Whirlpool Corporation