Press release
What's driving the Kitchen Appliances Products Market trends? Electrolux, Whirlpool, Samsung, Philips, Morphy Richard, Dacor, General Electric, LG, Haier and Panasonic and more
The Global Kitchen Appliances Products market report has been compiled by the best subject matter experts and market research professionals to ensure that the data in the report is obtained from the most authentic sources and the forecast is of the highest accuracy.Traditional methods of cooking, conserving food and dish cleaning require tedious effort and time. The newer generation of people dp not have the sufficient time to invest in these activities and may easily avail alternatives, from retailers and vendors.
Although major portion of kitchen appliances are operated by electricity, cooking fuel, renewable and solar energy also play an important role in the operation of kitchen appliances. Stove, refrigerator and dishwashers are some of the major devices used in kitchen.
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Market Dynamics
• Kitchen appliances are gaining popularity due to the rising disposable income and changing lifestyles of people across continents, which in turn is narrowing the price gap between similar consumer products offered by different companies.
• The massive energy consumption of kitchen devices is a major concern for the market. Moreover, environmental concerns regarding rising pollution and global warming have led to the development of appliance that are energy efficient.
Market Segmentation
The global kitchen appliances market is segmented based on types, user application, fuel type, product structure and geography. By type, the market is segmented into refrigerator, cooking appliance, dishwasher and other minor appliances. The user application segment includes household and commercial applications. In terms of fuel types, the market is segmented into gas, electricity and others. New and energy efficient fuel type include solar energy, renewable energy and biogas. By product structure, market is divided into free stand and built-in appliances.
Region/Geographical Analysis
North America generates the highest revenue for Kitchen Appliances followed by Europe and Asia Pacific. This is mainly because of the disposable income levels in countries specific to these regions. Due to electrical issues in developing nations, growth of this segment is slower than in other parts of the world.
Key Players
Some of the key players in this field are firms such as Electrolux, Whirlpool, Samsung, Philips, Morphy Richard, Dacor, General Electric, LG, Haier and Panasonic.
Report Contents:
> Global Market segments
> Global Market Drivers, Restraints and Opportunities
> Global Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
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Regional Analysis: North America, US and Canada, Latin America, Mexico, Brazil, Argentina and Rest of Latin America, Western Europe, EU5 (Germany, France, Italy, Spain, U.K.), Nordic Countries (Denmark, Finland, Norway, and Sweden), Benelux (Belgium, The Netherlands, and Luxembourg), Rest of Western Europe, Eastern Europe, Russia, Poland, Rest of Eastern , Europe, Asia Pacific, China, India, Japan, Australia and New Zealand, Rest of Asia Pacific, Middle East and Africa, GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait), South Africa, North Africa, Rest of Middle East and Africa
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