Global Kitchen Appliances Market 2024-2028

Description

List of Tables

The kitchen appliances market is forecasted to grow by USD 64.03 bn during 2023-2028, accelerating at a CAGR of 5.31% during the forecast period. The report on the kitchen appliances market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for premium and innovative smart kitchen appliances, growth in residential construction activities, and ease of use and convenience offered by smart kitchen appliances.

Technavio's kitchen appliances market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.73%
CAGR	5.31%
Incremental Value	$64.03bn

By Application

Residential
Commercial

By Distribution Channel

Offline
Online

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the advent of multi-cooking functionalities in smart cooking appliances as one of the prime reasons driving the kitchen appliances market growth during the next few years. Also, increased adoption of modular kitchen and expansion of distribution network (including omnichannel distribution) and multi-channel marketing will lead to sizable demand in the market.

The report on the kitchen appliances market covers the following areas:

Kitchen appliances market sizing
Kitchen appliances market forecast
Kitchen appliances market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading kitchen appliances market vendors that include Beko A and NZ Pty Ltd., BSH Hausgerate GmbH, Coway Co. Ltd., Electrolux AB, General Electric Co., Godrej and Boyce Manufacturing Co. Ltd., Gourmia Inc., Haier Smart Home Co. Ltd., Havells India Ltd., Koninklijke Philips N.V., LG Electronics Inc., MIDEA Group Co. Ltd., Miele and Cie. KG, Newell Brands Inc., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Smarter Applications Ltd., Weber Stephen Products LLC, and Whirlpool Corp.. Also, the kitchen appliances market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74570

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global kitchen appliances market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Distribution Channel Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments
6.2 Comparison by Application
6.3 Residential - Market size and forecast 2023-2028
6.4 Commercial - Market size and forecast 2023-2028
6.5 Market opportunity by Application

7 Market Segmentation by Distribution Channel

7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
7.4 Online - Market size and forecast 2023-2028
7.5 Market opportunity by Distribution Channel

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Germany - Market size and forecast 2023-2028
9.11 India - Market size and forecast 2023-2028
9.12 France - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Beko A and NZ Pty Ltd.
12.4 BSH Hausgerate GmbH
12.5 Electrolux AB
12.6 General Electric Co.
12.7 Haier Smart Home Co. Ltd.
12.8 Havells India Ltd.
12.9 Koninklijke Philips N.V.
12.10 LG Electronics Inc.
12.11 MIDEA Group Co. Ltd.
12.12 Miele and Cie. KG
12.13 Robert Bosch GmbH
12.14 Samsung Electronics Co. Ltd.
12.15 Sharp Corp.
12.16 Weber Stephen Products LLC
12.17 Whirlpool Corp.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations