Global Household Cooking Appliance Market

Household Cooking Appliance Market Size, Share, Growth Analysis, By Product(Cooktops & Cooking Ranges, Gas Cooktops & Cooking Ranges, Electrical Cooktops & Cooking Ranges, Induction Cooktops & Cooking Ranges), By Structure(Built-in, Freestanding), By Region - Industry Forecast 2025-2032


Report ID: SQMIG25I2029 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 68 | Figures: 75

Household Cooking Appliance Market Regional Insights

Asia Pacific accounts for the highest sales of household cooking appliances around the world. The massive population of Asian countries and rising disposable income are key prospects that drive market growth in this region. China and India are estimated to emerge as the most popular markets in this region over the next ten years. Increasing urbanization is also predicted to favor sales of blenders, stoves, cooktops, and ovens in this region going forward. A high number of people living in small urban spaces could also favor demand for space-efficient cooking appliances in the Asia Pacific region across the forecast period.

North America accounts for the second-largest share in the global household cooking appliance marketplace. The presence of a diverse population and established culture of home cooking are predicted to contribute to rising household cooking appliance sales in North America. The United States is estimated to emerge as the leading country in this region. High focus on health and fitness is promoting the popularity of home cooking and driving sales of household cooking appliances. Demand for innovative and smart household cooking appliances with advanced features and energy efficiency is projected to be high in North America over the coming years.

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Household Cooking Appliance Market size was valued at USD 252.69 Billion in 2023 and is poised to grow from USD 268.1 Billion in 2024 to USD 430.55 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).

Strong brand recognition and the presence of a diverse product portfolio allow companies such as Electrolux AB, Whirlpool Corporation, LG Electronics, and Samsung Electronics to hold a prominent share of the market. New companies need to come up with highly innovative products and marketing strategies if they wish to make a mark in this industry. household cooking appliance market players are continually investing in research and development to create innovative products that attract new customers and boost sales potential. Focus on the creation of energy-efficient and smart household cooking appliances is high in the competitive landscape. Collaborations and partnerships are also predicted to be crucial strategies adopted by household cooking appliance companies. High emphasis on sustainability is also a trend that could help household cooking appliance suppliers boost their revenue generation potential in the future. 'Whirlpool Corporation', 'Sub-Zero, Inc. (Wolf)', 'Electrolux AB', 'Sharp Corporation', 'Panasonic Corporation', 'BSH Home Appliances Group (Bosch, Siemens, Thermador)', 'LG Electronics Inc.', 'Haier Group Corporation', 'La Cornue', 'Miele & Cie. KG', 'Viking Range, LLC', 'Gorenje Group', 'Smeg S.p.A.', 'Bertazzoni S.p.A.', 'Dacor, Inc.', 'BlueStar Cooking', 'Fisher & Paykel Appliances Ltd.', 'ILVE Appliances', 'AGA Rangemaster Group Ltd.', 'Samsung Electronics Co., Ltd.'

Growing adoption of fast-paced lifestyles around the world and the rising popularity of home cooking are projected to be key factors driving household cooking appliance demand outlook. The increasing popularity of diverse cuisines is also slated to favor market growth.

Smart and Connected Appliances: Cooking appliances equipped with smart technology are gaining rapid traction among people around the world as the proliferation of technology increases in all walks of life. Smart cooking appliances can be controlled remotely from devices such as smartphones to offer more convenience for users.

Asia Pacific accounts for the highest sales of household cooking appliances around the world. The massive population of Asian countries and rising disposable income are key prospects that drive market growth in this region. China and India are estimated to emerge as the most popular markets in this region over the next ten years. Increasing urbanization is also predicted to favor sales of blenders, stoves, cooktops, and ovens in this region going forward. A high number of people living in small urban spaces could also favor demand for space-efficient cooking appliances in the Asia Pacific region across the forecast period.

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Global Household Cooking Appliance Market

Report ID: SQMIG25I2029

$5,300
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