Description
The global kitchen appliances market are instrument or devices designed for the smooth functioning of kitchen activities. Kitchen appliances operate with the help of either gas or electricity and are used mainly for cooking, storage and cleaning functions in the kitchen.
Traditional methods of cooking, conserving food and dish cleaning require tedious effort and time. The newer generation of people dp not have the sufficient time to invest in these activities and may easily avail alternatives, from retailers and vendors.
Although major portion of kitchen appliances are operated by electricity, cooking fuel, renewable and solar energy also play an important role in the operation of kitchen appliances. Stove, refrigerator and dishwashers are some of the major devices used in kitchen.
Market Dynamics
Kitchen appliances are gaining popularity due to the rising disposable income and changing lifestyles of people across continents, which in turn is narrowing the price gap between similar consumer products offered by different companies. In addition to this, technological advancements in appliances have also catalyzed the growth of kitchen appliances market. Easy and functional appliances are the need of the hour, which has led to the development of smart and efficient appliances.
The massive energy consumption of kitchen devices is a major concern for the market. Moreover, environmental concerns regarding rising pollution and global warming have led to the development of appliance that are energy efficient.
Market Segmentation
The global kitchen appliances market is segmented based on types, user application, fuel type, product structure and geography. By type, the market is segmented into refrigerator, cooking appliance, dishwasher and other minor appliances. The user application segment includes household and commercial applications. In terms of fuel types, the market is segmented into gas, electricity and others. New and energy efficient fuel type include solar energy, renewable energy and biogas. By product structure, market is divided into free stand and built-in appliances.
The mode of sale comprises of retail and online with further bifurcations in both models.
Region/Geographical Analysis
North America generates the highest revenue for Kitchen Appliances followed by Europe and Asia Pacific. This is mainly because of the disposable income levels in countries specific to these regions. Due to electrical issues in developing nations, growth of this segment is slower than in other parts of the world.
Key Players
Some of the key players in this field are firms such as Electrolux, Whirlpool, Samsung, Philips, Morphy Richard, Dacor, General Electric, LG, Haier and Panasonic.
- Global Market segments
- Global Market Drivers, Restraints and Opportunities
- Global Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Global Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- North America
- US and Canada
- Latin America
- Mexico, Brazil, Argentina and Rest of Latin America
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia and New Zealand
- Rest of Asia Pacific
- Middle East and Africa
- GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
- South Africa
- North Africa
- Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage
