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Cooking Appliances Market: Industry Size & Share, Demands, Development Factors, Opportunities, COVID-19 Impact Analysis | Key Players: Samsung Electronics Co., LG Electronics., Whirlpool Corp., Hitachi Appliances, Haier Group, GE Appliances And Others
Cooking Appliances Market
Rise in population, limited natural resources, and climate change drive the demand for the global cooking appliances. Moreover, increasing number of working class women has also increased and families are becoming financially more stable. Thus, families now find it reasonable to invest in high-tech cooking appliances which not only saves time but also streamlines complex cooking tasks. This will unfold various opportunities for the growth of the market in the future.
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The global cooking appliance market is segmented on the basis of product type, user application, distribution, fuel type, and region. On the basis of product type, the market is categorized into microwaves, ovens, cooktops, range hoods, small appliances, and parts & accessories. On the basis of user application, it is bifurcated into household and commercial usage. On the basis of distribution, the market is classified into offline (electronics and appliance store, consumer electronic store, household appliance store, departmental stores, and others), and online sale. On the basis of fuel type, it is divided as cooking gas and electricity. Geographically, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the cooking appliance market across the globe include Samsung Electronics Co. Ltd, LG Electronics Inc., Morphy Richards, Whirlpool Corporation, Koninklijke Philips N.V, Hitachi Appliances Inc., AB Electrolux, GE Appliances, Haier Group Corporation, and Robert Bosch GmbH.
Cooking Appliances Market By Product Type:
• Microwaves
• Ovens
• Cooktops
• Range Hoods
• Small Appliances
• Parts & Accessories
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Cooking Appliances Market Key Segmentation:
By Product Type
• Microwaves
• Ovens
• Cooktops
• Range Hoods
• Small Appliances
• Parts & Accessories
By User Application
• Household
• Commercial
By Distribution
Online
Offline
• Electronics and Appliance Store
• Consumer Electronic Store
• Household Appliance Store
• Departmental Stores
• Others
By Fuel Type
• Cooking gas
• Electricity
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
Key Benefits of the Report:
○ This study presents the analytical depiction of the Cooking Appliances Market industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Cooking Appliances Market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Cooking Appliances Market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed Cooking Appliances Market analysis based on competitive intensity and how the competition will take shape in coming years.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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