The Global Kitchen Appliances Market size is forecast to grow at a CAGR of 4.5% during the forecast period, to reach USD 7.6 billion by 2028 from USD 3.0 billion in 2018. The growth is attributed to an increase in disposable income and rise in awareness about healthy living among consumers, which are driving demand for these products as well as rising urbanization and consequent changes in lifestyle patterns that drive demand for more convenient cooking methods such as pressure cookers and electric food grinders. The demand for high-quality, energy-efficient, and durable kitchen appliances is expected to drive the growth of this market during the next few years in emerging economies such as India & China.
The term Kitchen Appliances refers to all the devices, machinery, and equipment used for cooking. The uses for Kitchen Appliances are diverse. Some of the most common ones include cooking food, storing and preserving fruits and vegetables, making beverages such as coffee or tea, juicing fruit to make juice drinks or smoothies, grinding meat into ground beef or sausage, and baking cakes in an oven.
Kitchen appliances can also be used to refrigerate leftovers from a meal that was cooked earlier; this process is called deep freezing where cold air circulates around frozen items until they become hard. There are many other less-common applications too including using electric mixers to whip cream for ice cream sundaes, using blenders to create frothy milkshakes with ingredients like chocolate syrup added in them, etc.
On the basis of Type, the market is segmented into Cooking Appliances, Refrigerators, Juice Extractors, Food Grinders, Mixers, Electric Coffee Maker, Tea Makers, and others.
Cooking appliances are the primary type of home appliance that can be used to cook food. These include stoves, ovens, microwaves, and so on. Cooking appliances usually use electricity but sometimes they may also run on gas or other types of fuel.
A refrigerator is a cooling appliance. It consists of an insulated compartment and a heat source (usually electric). The coolant circulates through the external coils, to absorb the heat from its surroundings outside. This process lowers the internal temperature below that of its exterior environment, which creates a refrigeration effect. Consequently, it becomes able to store food or drink without spoiling for days on end.
Juice extractors are machines that remove the juice from fruits. They can be manual or electric, and use a variety of methods to separate the juice from the pulp. The first is usually done by pressing or grinding the fruit against a surface with some type of device (often times metal). This method is difficult for large quantities and produces high levels of foam in the mixture.
The second method uses centrifugal force to whip up air into liquid as it spins around at high speed inside an enclosed container. It has been argued this process preserves certain nutrients because they are not exposed to heat but there have been no studies confirming its effectiveness.
Food grinders are used to create a product that falls between the size of whole-grain and flour. It can be further processed by other machines or appliances (such as an industrial mill) into smaller particles if needed. The ground products fall into two general categories: coarse-ground for things like gravies and breadcrumbs; and fine-ground for cake mixes, cornmeal, spices, etc., though some are designed specifically for one or the other purpose.
A mixer is an appliance that combines two or more ingredients together to produce dough, batter, or other mixture. Mixers can be manual (manually operated) or electric and typically consist of a container with beaters for whipping up cream and eggs; in some models, the bowl rotates at variable speeds on top of the motorized base as it whips up the desired consistency. The most common mixers are used for making cake batters, whipped cream frostings, mayonnaise dressings, cookie doughs, etc. Some types have attachments such as food grinders/choppers (or juicers), ice-cream makers, and pasta extruders which add functionality to make foods such as hamburgers and meatballs.
In the last few years, coffee machines that are equipped with electric power have become popular. These types of coffee makers can either be programmable or non-programmable depending on your needs. The major difference between these two designs is that while a programmable machine will allow you to schedule brewing times in advance, a non-programmable machine does not offer this option and might need some help from an external timer device.
A tea Maker is an appliance that prepares tea by brewing a liquid in water, usually heated to the boiling point. There are many types of tea makers available on the market today. Tea makers can be classified as electric and non-electric types. A stovetop or traditional kettle may also be used for this purpose but they have limitations such as not being able to heat up quickly which make them less popular than electric models. Therefore, most people prefer using electric models nowadays because they are faster and more convenient when compared with other methods.
On the basis of Application, the market is segmented into Private and Commercial. In 2017-2028 this market accounted for more than 45 billion USD due to increasing demand from home appliances manufacturers such respective products at affordable prices with rich features catering to diverse needs on one hand and rising focus on commercial kitchen equipment within the restaurants' industry on another account.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Out of which in 2018, North America region is to hold a dominant share for Global Kitchen Appliances market accounting for more than 50% revenue share worldwide. The North American market is driven by the increasing disposable income and changing lifestyle of consumers in this region.
By 2028, the European Kitchen Appliances market is estimated to account for a significant share of more than 30% revenue share worldwide followed by the Asia Pacific with about 12%. The Middle East & Africa Market size will witness exponential growth due to a rise in demand from other regions like Latin America which have increased their expenditure on kitchen appliances significantly over the last few years.
Latin America is one of the fastest-growing markets globally as well as in terms of revenue generation owing to various factors such as rising consumer spending power, increased investments in infrastructure and steady economic condition among others.
Up Market Research published a new report titled “Domestic Kitchen Appliances Market research report which is segmented by Types (Cooking Appliances, Refrigerators, Juice Extractors, Food Grinders, Mixers, Electric Coffee, Tea Makers, Others), By Applications (Private, Commercial), By Players/Companies Koninklijke Philips, Inalsa, Black And Decker, Morphy Richards, Faber, Siemens, Bosch, Bajaj, Maharaja, Miele, Kitchen Aid, Electrolux, Maytag, Samsung, Thermador, Frigidaire, Jenn-Air, Whirlpoo, TTK Prestig, Maharaja, Newell Brands”.
|Report Attributes||Report Details|
|Report Title||Domestic Kitchen Appliances Market Research Report|
|By Type||Cooking Appliances, Refrigerators, Juice Extractors, Food Grinders, Mixers, Electric Coffee, Tea Makers, Others|
|By Application||Private, Commercial|
|By Companies||Koninklijke Philips, Inalsa, Black And Decker, Morphy Richards, Faber, Siemens, Bosch, Bajaj, Maharaja, Miele, Kitchen Aid, Electrolux, Maytag, Samsung, Thermador, Frigidaire, Jenn-Air, Whirlpoo, TTK Prestig, Maharaja, Newell Brands|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||224|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Cooking Appliances, Refrigerators, Juice Extractors, Food Grinders, Mixers, Electric Coffee, Tea Makers, Others and By Application Private, Commercial.
Some of the companies that are profiled in this report are:
Domestic Kitchen Appliances Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Domestic Kitchen Appliances Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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