Press release
Kitchen Appliances Market at a CAGR of 4.80% with Segmentation, Trends, Competitive Landscape & Industry Outlook
Kitchen Appliances Market
The rising popularity of reality shows such as Top Chef, MasterChef, Hell's Kitchen, Iron Chef, and Chopped, which have revitalised the cooking arena, is a key growth driver for the market. Furthermore, cooking has become a popular career choice, which is expected to boost demand for kitchen appliances. Kitchen appliance manufacturers constantly develop, innovate, and integrate IoT with kitchen appliances. Companies are focusing on reducing energy consumption and promoting sustainability.
Data Bridge Market Research analyses that the kitchen appliances market was valued at USD 241.30 billion in 2021 and is expected to reach the value of USD 351.11 billion by 2029, at a CAGR of 4.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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Some of the major players operating in the kitchen appliances market are:
GLOBAL APPLIANCES USA (U.S)
KAI USA LTD (U.S)
Kiya corp. (Japan)
MAC Knife (U.S)
Messermeister (Germany)
Victorinox AG (Switzerland)
Anker Innovation Technology Co., Ltd. (China)
Samsung Electronics Co., Ltd (South Korea)
Shenzhen Proscenic Technology Co. Ltd. (China)
Neato Robotics, Inc. (U.S.)
Cecotec Innovaciones S.L. (Spain)
LG Electronics Inc (South Korea)
Dyson Limited (U.K.)
Panasonic Corporation (Japan)
Sharp Corporation (U.S.)
Global Kitchen Appliances Market Scope
The kitchen appliances market is segmented on the basis of product type, user application, fuel type, product structure and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Refrigerator
Cooking Appliance
Dishwasher
Others
Application
Commercial
Household
Fuel type
Electric
Cooking Gas
Others
Product structure
Built in
Free stand
Distribution channel
Online
Offline
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