Kitchen Appliances Market Report 2022-27: Size, Share, Trends, Growth And Forecast

According to the latest report by IMARC Group, The global kitchen appliances market is expected to exhibit a CAGR of 4.3% during 2022-2027.

SHERIDAN, WYOMING, UNITED STATES, September 25, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled, “Kitchen Appliances Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global kitchen appliances market is expected to exhibit a CAGR of 4.3% during 2022-2027.

Kitchen appliances refer to the devices and instruments that are utilized for efficiently performing the kitchen activities. They operate via either electricity or gas and are widely used for cooking, storage, cleaning, and other functions in the kitchen. Kitchen appliances are available in various colors, materials, styles, sizes, mechanisms, etc., and include numerous devices, such as ovens, refrigerators, blenders, dishwashers, stoves, etc., which aid the user in saving time, costs, energy, etc., while cooking.

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Market Trends

The increasing adoption of smart product variants across the globe is primarily driving the kitchen appliances market. In line with this, the rising demand for technologically advanced and modern appliances that make cooking and storing food relatively more efficient and convenient is further catalyzing the market growth. Moreover, the development of smart kitchen appliances that can be connected to wireless, Internet, or Bluetooth-based devices and controlled remotely through smartphone applications is acting as another significant growth-inducing factor. Apart from this, the increasing consumer health consciousness, especially among younger individuals, is propelling the popularity of healthy cooking and eating habits. This, in turn, is augmenting the demand for appliances that cater to oil-free cooking and ensure the retention of various heat-sensitive nutrients, which is also positively influencing the global market. Furthermore, the introduction of modular and energy-efficient product variants, such as induction cooktops, speed cooking ovens, warming drawers, etc., is projected to fuel the kitchen appliances market over the forecasted period.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Breakup by Product Type:

Refrigerators
Microwave Owens
Induction Stoves
Dishwasher
Water Purifiers
Others

Market Breakup by Structure:

Built-In
Free Stand

Market Breakup by Fuel Type:

Cooking Gas
Electricity
Others

Market Breakup by Application:

Residential
Commercial

Market Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Departmental Stores
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Whirlpool Corporation
AB Electrolux
Winia Daewoo Electronics
BSH Hausgerate GmbH
Miele & Cie. KG
Sub- Zero Group, Inc.
Electrolux
Whirlpool
Samsung
Philips
Morphy Richard
Dacor
General Electric (GE)
Life is Good (LG)
Haier
Panasonic.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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