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Household Cooking Appliance Market Size Forecasted To Achieve $217.31 Billion By 2029 With Steady Growth

06-05-2025 08:41 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Household Cooking Appliance

Household Cooking Appliance

The Household Cooking Appliance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Household Cooking Appliance Market Size and Projected Growth Rate?
The household cooking appliance market has grown strongly, moving from $152.66 billion in 2024 to $165.03 billion in 2025 at a CAGR of 8.1%, attributed to household electrification, changing lifestyles, enhanced energy efficiency and safety standards, rising home improvement costs, and the adoption of modular kitchens.

The household cooking appliance market is projected to see robust growth in the coming years. It will grow to $217.31 billion by 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth factors include smart home integration, energy efficiency, the increasing focus on health and wellness, the rise of home cooking, urbanization, and smaller living spaces. Trends to watch include induction cooking, multifunctional appliances, sustainable materials, voice/app-controlled devices, and retro or vintage designs.

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What Are the Major Segments in the Household Cooking Appliance Market?
The household cooking appliance market covered in this report is segmented -

1) By Product: Electric Stoves, Microwave Ovens, Barbecues And Grills, Others - Household Cooking Appliance
2) By Fuel Type: Cooking Gas, Electricity
3) By Application: Household, Commercial

Subsegments:
1) By Electric Stoves: Induction Stoves, Ceramic Electric Stoves, Coil Electric Stoves, Glass Top Electric Stoves
2) By Microwave Ovens: Solo Microwave Ovens, Grill Microwave Ovens, Convection Microwave Ovens
3) By Barbecues and Grills: Gas Grills, Charcoal Grills, Electric Grills, Portable Grills
4) By Others - Household Cooking Appliances: Deep Fryers, Pressure Cookers, Rice Cookers, Slow Cookers, Sandwich Makers, Toasters, Food Processors

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What Are The Driving Household Cooking Appliance Market Evolution?
The growing popularity of energy-efficient cooking appliances is likely to boost the demand for electric stoves. Electric stoves offer superior cooking efficiency compared to gas cooktops, as they minimize heat loss during cooking. They are designed to use less energy and provide better temperature control. For instance, with the rise of energy-efficient appliances, the U.S. government has reduced its energy consumption by 56%, which helps lower emissions.

Which Firms Dominate The Household Cooking Appliance Market Segments?
Major companies operating in the household cooking appliance market include LG Electronics Inc, Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG S.p.A., Kenmore, Samsung Electronics, Galanz Enterprise Group, Koninklijke Philips N.V., Alto-Shaam Inc, Robert Bosch GmbH, The Coleman Company Inc, Spectrum Brands Holdings Inc., Amana, Miele & Cie. KG, General Electric Company (GE), The Middleby Corporation LLC, Char-Broil LLC, Midea Group Co. Ltd., Frigidaire, KitchenAid, Sears Holdings Corporation, Broilmaster, Traeger Inc., Empire Comfort Systems Inc., Blackstone Products Inc., Groupe SEB, TTK Prestige Ltd., BSH Hausgeräte GmbH, Arcelik A.S., Gorenje Group

What Trends Are Expected to Dominate the Household Cooking Appliance Market in the Next 5 Years?
Companies in the household cooking appliance market are launching advanced multi-functional ovens to meet the growing demand for convenient, versatile kitchen solutions. These ovens feature guided cooking systems and self-cleaning technologies like catalytic and pyrolytic cleaning. For example, Electrolux's EOY5851AAX oven includes pyrolytic cleaning and various cooking functions to provide a more personalized user experience.

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https://www.thebusinessresearchcompany.com/report/household-cooking-appliance-global-market-report

Which Is The Largest Region In The Household Cooking Appliance Market?
Asia-Pacific was the largest region in the household cooking appliances market in 2023. Western Europe was the second-largest region in the household cooking appliance market analysis. The regions covered in the household cooking appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Household Cooking Appliance Market?
2. What is the CAGR expected in the Household Cooking Appliance Market?
3. What Are the Key Innovations Transforming the Household Cooking Appliance Industry?
4. Which Region Is Leading the Household Cooking Appliance Market?

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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