Press release
Household Cooking Appliances Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : LG Electronics Inc., Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG
Household Cooking Appliances Market
As per the household cooking appliance market report by The Business Research Company, the growing popularity of energy-efficient cooking appliances is expected to increase the demand for electric stoves. The cooking efficiency of electric stoves is high when compared to gas cooktops as the majority of the heat energy through gas cooktops is not transferred while cooking. Electric stoves are designed to consume minimum energy and provide easy temperature control. For instance, with the introduction of energy-efficient appliances, the US government is spending 56% less on energy requirements thereby reducing emissions.
The global household cooking appliance market size will grow from $126.97 billion in 2022 to $139.19 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household cooking appliance market size is expected to grow to $194.49 billion in 2027 at a CAGR of 8.7%.
Read More On The Household Cooking Appliance Market Report Here:
https://www.thebusinessresearchcompany.com/report/household-cooking-appliance-global-market-report
Major players in the household cooking appliance market are LG Electronics Inc., Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG, Kenmore, Samsung Electronics, Galanz Enterprise Group, and Philips.
The Household Cooking Appliance market is segmented -
1) By Product: Electric Stoves, Microwave Ovens, Barbecues and Grills, Others - Household Cooking Appliance
2) By Application: Household, Commercial
3) By Fuel Type: Cooking Gas, Electricity
Request A Free Sample Of The Household Cooking Appliance Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3826&type=smp
Household cooking appliance refers to electrical and non-electronic equipment which assists in food preparation in a household.
The Table Of Content For The Household Cooking Appliance Market Include:
1. Executive Summary
2. Household Cooking Appliances Market Characteristics
3. Household Cooking Appliances Market Trends And Strategies
4. Household Cooking Appliances Market - Macro Economic Scenario
5. Household Cooking Appliances Market Size And Growth
……
27. Household Cooking Appliance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Cooking Appliances Market
29. Household Cooking Appliances Market Future Outlook and Potential Analysis
30. Appendix
The "Global Household Cooking Appliance Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Household Cooking Appliances Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : LG Electronics Inc., Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG here
News-ID: 2896645 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Household
Household Food Storage Containers Market
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- Household Food Storage Containers Market is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.
The household food storage containers market presents significant opportunities for growth and innovation. With the increasing focus on food preservation, organization, and convenience in households worldwide, there is a growing need…
Household Ultraviolet Mite Removal Instrument
Global Household Ultraviolet Mite Removal Instrument Market Overview
The Household Ultraviolet Mite Removal Instrument market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation.
The Household Ultraviolet Mite Removal Instrument market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each…
Global Household Cleaning Gloves Market, Global Household Cleaning Gloves Indust …
The Household Cleaning Gloves market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Household Cleaning Gloves Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Household Cleaning Gloves market. The report focuses on well-known providers…
Global Household Appliances Market | Global Household Appliances Industry | Glob …
Household appliances are devices & equipments that have been produced to augment the comfort levels of consumers and also provide comfort in household activities for instance cooking, storage, entertainment, cleaning, washing. Based on their functions & capabilities they are either fixed or mobile. They are categorized into three sub-categories: small household appliances, major household appliances or white goods, and consumer electronics. Small household appliances include semi-portable & portable machines that…
Household Clothes Dryer Market
Household Clothes Dryer Market Size, Status, Business Future Scenarios and Brief Analysis 2020-2026
The "Global Household Clothes Dryer Market Report 2026"offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally the report includes a SWOT analysis that concludes the…
Household Air Care Products Market- Need for Desirable Household Ambience to Pus …
Key Findings
Desperate Need for Cleaner Air owing to Increase in Pollution Levels Raises Demand
The global household air care products market is predicted to gain impetus on the back of increasing adoption due to the surge in air pollution. The growing need for cleaner air could be another factor propelling the growth of the global household air care products market. High preference for fragrances in household air care products is expected to give…
