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Kitchen Appliances Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

08-12-2023 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Kitchen Appliances Market Share, Trends, Future Outlook,

The global kitchen appliances market is anticipated to grow with a considerable CAGR of 6.3% during the forecast period. The growth of the kitchen appliance market is attributed to several factors such as changing lifestyle, rise in the working population, high purchasing power, among others. Additionally, the innovative smart features offered by the kitchen appliance manufacturers are also one of the major factors driving product adoption. The integration of technologies that are easy to use, intuitive, and customizable is also rising the popularity of kitchen appliances among the young population base. Moreover, the variant in kitchen products to meet nearly any lifestyle and style preference has significantly increased in recent years.

A full report of Kitchen Appliances Market is available at: https://www.omrglobal.com/industry-reports/kitchen-appliances-market

The modern kitchen appliances available in the market have extra features to offer and are user-friendly as well as more durable than traditional appliances. Hence, the replacement of traditional kitchen appliances is going on at a very fast pace with more smart & energy-efficient products especially in developed countries with high purchasing power such as the US, Japan, and Europe. Moreover, the connected kitchen appliances greatly improve safety and performance as it provides timely updates and alerts to the consumer. These factors are anticipated to drive the kitchen appliance industry during the forecast period.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/kitchen-appliances-market

Market Coverage

The market number available for - 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered-
o By Product Type

o By Application

o By Distribution Channel

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- LG Electronics Inc., Samsung Electronics Co. Ltd., Koninklijke Philips N.V., Whirlpool Corp., TCL Technology Group Corp.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Kitchen Appliances Market Report Segment

By Product Type

Refrigerators
Microwave
Mixer & Juicer and Food Processors
Stove & Hobs
Dishwasher
Water Purifier
Coffee Machines
Other

By Application

Residential
Commercial

By Distribution Channel

Online Channel
Offline Channel

Kitchen Appliances Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

BBK Electronics Corp.
BSH Hausgeräte GmbH
De' Longhi Appliances S.r.l.
Dyson Ltd.
Electrolux AB
General Electric Co.
Gorenje AS
Haier Group Corp.
Hitachi, Ltd.
Kenmore (Transform SR Holding Management LLC)
Koc Holding A.?.
Koninklijke Philips N.V.

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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