Australia Cooktop Market to Grow with a CAGR of 8.86% through 2030
The Australia cooktop market is driven
by rising demand for modular kitchens, growing urbanization, and
energy-efficient appliances, with consumer preference shifting toward induction
and smart cooktops for convenience and safety
According
to TechSci Research report, “Australia Cooktop Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the Australia Cooktop market stood at
USD 3.19 billion in 2024 and is anticipated to grow USD 5.29 billion by 2030
with a CAGR of 8.86% during forecast period. The Australia cooktop market is a dynamic and evolving
segment within the country’s broader kitchen appliances industry. Driven by
changing consumer lifestyles, increased home renovation activities, and growing
awareness of energy efficiency, the market has witnessed steady growth in
recent years. Cooktops are an essential component of residential and commercial
kitchens, with demand shaped by factors such as cooking preferences, housing
trends, and technological advancements. The market includes various types of
cooktops gas, electric, and induction offered in different formats such as
built-in and freestanding units, catering to a wide spectrum of consumer needs
and budgets.
However, a significant shift is
occurring with the growing popularity of electric and induction cooktops,
especially in urban areas such as Sydney, Melbourne, and Canberra. Induction
cooktops, in particular, are gaining traction for their energy efficiency,
safety features, and modern aesthetics. These appliances use electromagnetic
technology to heat cookware directly, resulting in faster cooking times and
better temperature precision. The appeal of induction cooktops is further
enhanced by their smooth, glass-ceramic surfaces, which are easy to clean and
complement contemporary kitchen designs. As more consumers prioritize
sustainability and safety, particularly families with young children, induction
technology is poised to capture a larger share of the market.
Consumer preferences in Australia are
also being influenced by the growing demand for minimalist and integrated
kitchen designs. Built-in cooktops that seamlessly fit into countertops are
increasingly favored in new residential developments and kitchen renovations.
These units contribute to a clean, streamlined look and are often paired with
matching ovens and concealed ventilation systems. The trend is particularly
strong in higher-end homes and luxury apartments, where design aesthetics and
premium finishes play a significant role in appliance selection. Manufacturers
are responding with stylish cooktop ranges that combine performance with modern
design elements, such as touch controls, flush surfaces, and frameless edges.
Despite the positive trends, the cooktop
market in Australia faces several challenges. High prices for advanced
technologies, such as induction cooktops and smart appliances, can be a barrier
for lower-income households. Additionally, transitioning from gas to electric
or induction often requires costly infrastructure upgrades, including new
wiring and compatible cookware. Intense market competition further adds to the
pressure, with both domestic and international brands vying for consumer
attention. To succeed, brands must balance innovation, affordability, and
design appeal while also offering strong after-sales support and warranties.
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" Australia Cooktop Market”
The Australia Cooktop market is segmented into type, installation,
application, and company.
Based on the installation, Built-in cooktops are
the fastest-growing segment in the Australia cooktop market, driven by rising
demand for modern kitchen aesthetics, space optimization, and seamless
appliance integration. Consumers increasingly prefer built-in models for their
sleek, minimalist design and ability to fit flush with countertops, enhancing
both functionality and visual appeal. This trend is particularly prominent in
urban areas and among homeowners undertaking kitchen renovations or building
new homes. The growing popularity of premium and smart cooktops, many of which
are designed as built-in units, further accelerates this segment’s growth.
Manufacturers are responding with diverse options catering to different cooking
styles and budgets.
Based on the region,
Queensland is emerging as the fastest-growing region in the Australia cooktop
market, driven by strong population growth, expanding residential construction,
and rising demand for modern kitchen appliances. The region’s housing boom,
particularly in urban centers like Brisbane and the Gold Coast, is fueling
sales of new and replacement cooktops. Additionally, lifestyle-driven
renovations and increasing adoption of energy-efficient appliances are
contributing to market expansion. Government support for energy-saving
initiatives and consumer awareness about sustainable living further bolster the
trend. Retailers and manufacturers are increasingly targeting Queensland due to
its growing consumer base and evolving preferences in kitchen design and
technology.
Major companies
operating in Australia Cooktop market are:
- Robert Bosch (Australia) Pty Ltd
- Miele Australia Pty. Ltd.
- Arisit Pty. Limited (Whirlpool)
- Electrolux AB
- Fisher & Paykel Appliances Limited (Haier)
- Samsung Electronics Australia Pty Limited
- Sub-Zero, Inc.
- Panasonic Australia Pty Ltd
- Versuni Netherlands B.V.
- SMEG Australia Pty Ltd
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“Technological
advancements are also shaping the cooktop landscape in Australia. Smart
cooktops equipped with Wi-Fi or Bluetooth connectivity, touchscreen controls,
and app-based functionality are becoming more common, appealing to tech-savvy
consumers. These innovations allow users to control cooking settings remotely,
receive maintenance alerts, and access guided recipes, offering both
convenience and efficiency. As Australian households increasingly adopt smart
home ecosystems, the integration of cooktops with digital platforms is expected
to accelerate. Brands that focus on user-friendly interfaces, automation, and
safety enhancements are likely to gain a competitive edge in this space,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Australia Cooktop
Market, By Type (Gas Cooktops, Electric Cooktops, Induction Cooktops), By
Installation (Built-in, Freestanding), By Application (Residential,
Commercial), By Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of Australia Cooktop market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Australia Cooktop market.
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