NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The "Kitchen Appliances Market by Application, Distribution channel and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the kitchen appliances market size between 2021 and 2026 is USD 41.91 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report
- Market Driver: The growing demand for premium and innovative smart kitchen appliances is driving the market growth. Growing innovation and technological advances have led to a change in consumer preferences, thus propelling the demand for innovative products. Customers prefer eco-friendly appliances that have a user-friendly interface and can perform tasks with minimum energy. This has compelled vendors to focus on R&D and innovation. The market has witnessed product innovations in terms of features, technology, performance, and design. Customers are increasingly spending on premium kitchen appliances, which has encouraged vendors to invest in innovative raw materials and technologies. They are focusing on pricing strategies to increase their profit margins. These factors will propel the growth of the market during the forecast period.
- Market Challenge: Fluctuations in raw material prices and operational costs are expected to challenge the global kitchen appliances market growth. The price of household appliances, such as kitchen appliances, depends on labor costs, manufacturing costs, transportation costs, raw materials costs, and marketing costs. Fluctuations in the prices of raw materials impact the price of products. Such factors are expected to limit the growth of the global kitchen appliances market during the forecast period.
To learn about additional key drivers, trends, and challenges available with Technavio, View our FREE Sample Report
The kitchen appliances market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Vendors are investing in building infrastructure that is suitable for manufacturing and testing smart kitchen appliances. They are focusing on technology for innovating products as well as on brand building and brand equity. Vendors differentiate themselves based on regulatory compliance, quality, and innovation. The regulatory compliance differentiation among vendors is high. The market has witnessed high competition, coupled with the availability of local and counterfeit products and high regulatory control. The price differentiation among vendors is medium, as the price of products varies based on product features.
This report provides a full list of key vendors, their strategies, and latest developments. Buy Now for detailed vendor information
The kitchen appliances market report is segmented by application (residential and commercial), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa). APAC will be the leading region with 44% of the market's growth during the forecast period. China and India are the key countries for kitchen appliances in APAC.
Get lifetime access to our Technavio Insights! Subscribe to our Basic Plan billed annually at USD 5000
- AB Electrolux
- BSH Hausgerate GmbH
- Dacor Inc.
- Fisher and Paykel Appliances Inc.
- General Electric Co
- Glen Dimplex Europe Holdings Ltd.
- Groupe SEB
- Haier Smart Home Co. Ltd.
- Havells India Ltd.
- KitchenAid Corp USA
- Koninklijke Philips NV
- Kutchina Home Makers Pvt. Ltd.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Miele and Cie. KG
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Smeg Spa
- Whirlpool Corp.
Want your report customized? Speak to an analyst and personalize your report according to your needs
Smart Connected Cooking Appliances Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The rising innovation in product and technology is driving the market growth. People are moving towards smart connected products. Smart connected cooking appliances provide convenience to customers while cooking.
Household Appliances Market in Europe Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: Product innovation and portfolio extension leading to product premiumization are driving the market growth. Some vendors offer products that are innovative, smart, and eco-friendly. These products are priced higher than traditional household appliances.
Kitchen Appliances Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.62% |
Market growth 2022-2026 |
USD 41.91 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.18 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 44% |
Key consumer countries |
US, China, India, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AB Electrolux, BSH Hausgerate GmbH, Dacor Inc., Fisher and Paykel Appliances Inc., General Electric Co, Glen Dimplex Europe Holdings Ltd., Groupe SEB, Haier Smart Home Co. Ltd., Havells India Ltd., KitchenAid Corp USA, Koninklijke Philips NV, Kutchina Home Makers Pvt. Ltd., LG Electronics Inc., MIDEA Group Co. Ltd., Miele and Cie. KG, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Smeg Spa, and Whirlpool Corp. |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Browse Consumer Discretionary Market Reports
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 25: Chart on Application - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 27: Chart on Comparison by Application
- Exhibit 28: Data Table on Comparison by Application
- 5.3 Residential - Market size and forecast 2021-2026
- Exhibit 29: Chart on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Data Table on Residential - Market size and forecast 2021-2026 ($ billion)
- Exhibit 31: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.4 Commercial - Market size and forecast 2021-2026
- Exhibit 33: Chart on Commercial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Data Table on Commercial - Market size and forecast 2021-2026 ($ billion)
- Exhibit 35: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Application
- Exhibit 37: Market opportunity by Application ($ billion)
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 38: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 39: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 40: Chart on Comparison by Distribution Channel
- Exhibit 41: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2021-2026
- Exhibit 42: Chart on Offline - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Data Table on Offline - Market size and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 6.4 Online - Market size and forecast 2021-2026
- Exhibit 46: Chart on Online - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 50: Market opportunity by Distribution Channel ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 52: Chart on Market share by geography 2021-2026 (%)
- Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 54: Chart on Geographic comparison
- Exhibit 55: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2021-2026
- Exhibit 56: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 57: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 58: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 59: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.4 North America - Market size and forecast 2021-2026
- Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.5 Europe - Market size and forecast 2021-2026
- Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 China - Market size and forecast 2021-2026
- Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.10 Germany - Market size and forecast 2021-2026
- Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.11 India - Market size and forecast 2021-2026
- Exhibit 88: Chart on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 89: Data Table on India - Market size and forecast 2021-2026 ($ billion)
- Exhibit 90: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on India - Year-over-year growth 2021-2026 (%)
- 8.12 France - Market size and forecast 2021-2026
- Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 96: Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 97: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 99: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 100: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 101: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 102: Matrix on vendor position and classification
- 11.3 AB Electrolux
- Exhibit 103: AB Electrolux - Overview
- Exhibit 104: AB Electrolux - Business segments
- Exhibit 105: AB Electrolux - Key news
- Exhibit 106: AB Electrolux - Key offerings
- Exhibit 107: AB Electrolux - Segment focus
- 11.4 Glen Dimplex Europe Holdings Ltd.
- Exhibit 108: Glen Dimplex Europe Holdings Ltd. - Overview
- Exhibit 109: Glen Dimplex Europe Holdings Ltd. - Product / Service
- Exhibit 110: Glen Dimplex Europe Holdings Ltd. - Key offerings
- 11.5 Groupe SEB
- Exhibit 111: Groupe SEB - Overview
- Exhibit 112: Groupe SEB - Business segments
- Exhibit 113: Groupe SEB - Key news
- Exhibit 114: Groupe SEB - Key offerings
- Exhibit 115: Groupe SEB - Segment focus
- 11.6 Haier Smart Home Co. Ltd.
- Exhibit 116: Haier Smart Home Co. Ltd. - Overview
- Exhibit 117: Haier Smart Home Co. Ltd. - Business segments
- Exhibit 118: Haier Smart Home Co. Ltd. - Key offerings
- Exhibit 119: Haier Smart Home Co. Ltd. - Segment focus
- 11.7 Koninklijke Philips NV
- Exhibit 120: Koninklijke Philips NV - Overview
- Exhibit 121: Koninklijke Philips NV - Business segments
- Exhibit 122: Koninklijke Philips NV - Key news
- Exhibit 123: Koninklijke Philips NV - Key offerings
- Exhibit 124: Koninklijke Philips NV - Segment focus
- 11.8 LG Electronics Inc.
- Exhibit 125: LG Electronics Inc. - Overview
- Exhibit 126: LG Electronics Inc. - Business segments
- Exhibit 127: LG Electronics Inc. - Key news
- Exhibit 128: LG Electronics Inc. - Key offerings
- Exhibit 129: LG Electronics Inc. - Segment focus
- 11.9 Miele and Cie. KG
- Exhibit 130: Miele and Cie. KG - Overview
- Exhibit 131: Miele and Cie. KG - Product / Service
- Exhibit 132: Miele and Cie. KG - Key offerings
- 11.10 Panasonic Holdings Corp.
- Exhibit 133: Panasonic Holdings Corp. - Overview
- Exhibit 134: Panasonic Holdings Corp. - Business segments
- Exhibit 135: Panasonic Holdings Corp. - Key news
- Exhibit 136: Panasonic Holdings Corp. - Key offerings
- Exhibit 137: Panasonic Holdings Corp. - Segment focus
- 11.11 Samsung Electronics Co. Ltd.
- Exhibit 138: Samsung Electronics Co. Ltd. - Overview
- Exhibit 139: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 140: Samsung Electronics Co. Ltd. - Key news
- Exhibit 141: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 142: Samsung Electronics Co. Ltd. - Segment focus
- 11.12 Whirlpool Corp.
- Exhibit 143: Whirlpool Corp. - Overview
- Exhibit 144: Whirlpool Corp. - Business segments
- Exhibit 145: Whirlpool Corp. - Key offerings
- Exhibit 146: Whirlpool Corp. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 147: Inclusions checklist
- Exhibit 148: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 149: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 150: Research methodology
- Exhibit 151: Validation techniques employed for market sizing
- Exhibit 152: Information sources
- 12.5 List of abbreviations
- Exhibit 153: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article