The kitchen appliances market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The kitchen appliances market growth can be attributed to the increasing disposable income of the people across the globe. Additionally, the increasing awareness regarding the advantages of various kitchen appliances coupled with the strengthening brand image will also aid in the growing market shares. Moreover, companies across the globe are using social media platforms and strong advertisement campaigns to drive the popularity of their products. Besides, the introduction of smart kitchen appliances is also expected to increase the replacement rate and average cost of kitchen appliances. Moreover, with the COVID-19 lockdowns in the country, people are staying more at home, hence need more sophisticated kitchen appliances, thus driving the market growth.
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The global kitchen appliances market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into refrigerators, microwave, mixer & juicer and food processors, stove & hobs, dishwasher, water purifier, coffee machine, and other. Based on the application, the market is sub-segmented into a residential kitchen and commercial kitchen. Moreover, based on the distribution channel the market is sub-segmented into the online channel and offline channel.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Kitchen Appliances Market by Product Type
- Refrigerators
- Microwave
- Mixer & Juicer and Food Processors
- Stove & Hobs
- Dishwasher
- Water Purifier
- Coffee Machines
- Other (Electric Chimney, Kettle, Toaster)
Global Kitchen Appliances Market by Application
- Residential
- Commercial
Global Kitchen Appliances Market by Distribution Channel
- Online Channel
- Offline Channel
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BBK Electronics Corp.
- BSH Hausgeräte GmbH
- De’ Longhi Appliances S.r.l.
- Dyson Ltd.
- Electrolux AB
- General Electric Co.
- Gorenje AS
- Haier Group Corp.
- Hitachi, Ltd.
- Kenmore (Transform SR Holding Management LLC)
- Koc Holding A.?.
- Koninklijke Philips N.V.
- LG Electronics Inc.
- Midea Group
- Miele & Cie. KG
- Panasonic Corp.
- Rinnai Corp.
- Samsung Electronics Co., Ltd.
- TCL Technology Group Corp.
- Viking Range, LLC
- Vorwerk & Co. KG
- Welbilt Inc.
- Whirlpool Corp.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Kitchen Appliances market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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