Press release
Kitchen Appliances Market Update 2025 : Projected to Exhibit USD 377.70 Billion by Revenue by 2027, Claims AMR
The report offers a detailed segmentation of the global kitchen appliances market based onproduct type,user application, product structure, distribution channel,and region.
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Based on product type, the refrigerator segment contributed to the largest share in 2019, accounting for more than two-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. However, the dishwasher segmentis estimated to portray the highest CAGR of 7.6% during the forecast period.
Based on application, thehousehold segmentaccounted for the largest share in 2019, holding nearly three-fifthsof the total share, and is expected to maintain the largest share throughout the forecast period. However,the commercial segmentis expected to register the highest CAGR of 6.6% from 2020 to 2027.
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Based on region,North America contributed the highest share, accounting fornearly one-thirdof the total market share in 2019, and will maintain its dominance throughout the forecast period. However, Asia-pacific is expected to grow at the highest CAGR of 7.1% from 2020 to 2027.
Leading market players analyzed in the research include Electrolux
Whirlpool
Samsung
Philips
Morphy Richards
Dacor
General Electric (GE)
Life is Good (LG)
Haier
Panasonic
Know More https://www.globenewswire.com/news-release/2020/08/19/2080748/0/en/Global-Kitchen-Appliances-Market-to-Reach-377-7Billion-by-2027-AMR.html
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
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