Report Description

Forecast Period

2024-2028

Market Size (2022)

USD36.18 billion

CAGR (2023-2028)

5.4%

Fastest Growing Segment

Cooktops

Largest Market

Asia Pacific


Market Overview

Global Large Cooking Appliance Market has valued at USD36.18 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.4% through 2028. The main growth factors are the rising standard of living and the inclination of consumers for modular kitchens. In addition to cooktops, ovens, and specialized appliances like fryers, steamers, and grillers, large cooking appliances also contain ovens. It is expected that demand for specialized and efficient cooking appliances will increase due to the rapid depletion of natural resources including LPG, wood, and other petroleum products.

Large cooking appliances include cooktops, ovens, and other kitchen equipment such as steamers, grillers, and fryers. Rapid exhaustion of natural resources such as wood and LPG has led to the rising demand for efficient and specialized cooking appliances. Large kitchen equipment are now a necessary component of contemporary kitchens and play a vital role in households. The demand for large cooking appliances has increased as a result of an increase in the number of restaurants and cafes open to the general public due to the growing working population. Due to the prevalence of conventional cooking appliances, nations like India, Brazil, and China present a variety of growth chances to manufacturers, consequently enhancing the opportunities for up-and-coming firms and new entrants. For instance, companies like Siemens, Whirlpool, and Miele are providing high-end items to these nations by forming alliances with local developers to broaden the reach of their offerings.

Modern cooking equipment is becoming increasingly necessary as the number of restaurants and public cafes rises. Better customer service is made possible by modern culinary equipment. Due to these factors, a CAGR of 6.6% is predicted for the commercial segment during the forecast period. Among all of them, this one moves along the quickest. For its commercial clients, top manufacturers like Vulcan and Haier produce ovens, grills, and other equipment.

Food consumed away from home has emerged as a new trend as the number of working women increases. The demand for products in the business sector is anticipated to rise more as a result of this trend. Due to the low penetration of these appliances, developing nations will draw in first-time purchasers, creating a lucrative opportunity for the makers. To increase their product sales, major brands like Siemens, Miele, and Whirlpool are concentrating on these developing areas. The market expansion in this region is being constrained, nonetheless, by the low level of adoption of these products from South East Asian nations. India, Indonesia, Sri Lanka, and others are among these nations. The demand for these gadgets is also being hampered in low- and middle-income nations by the high energy consumption of these devices.

Key Market Drivers

Changing Consumer Lifestyles

Consumer lifestyles have evolved considerably in recent years, leading to a shift in cooking habits and appliance preferences. An increasingly fast-paced life, dual-income households, and the desire for convenience have all contributed to the rise in demand for large cooking appliances.

In today's world, consumers seek appliances that save time and simplify the cooking process. Large cooking appliances, such as electric ranges and ovens, offer features like convection cooking, precise temperature control, and pre-programmed cooking modes, making it easier for individuals to prepare meals efficiently. Moreover, the trend towards healthier eating has increased the need for appliances that can handle a variety of cooking techniques, such as roasting, grilling, and baking, all of which are achievable with large cooking appliances.

The pandemic also played a role in changing consumer lifestyles. Lockdowns and social distancing measures led more people to cook at home, encouraging them to invest in high-quality cooking appliances. As a result, manufacturers are constantly innovating to cater to these evolving consumer preferences.

Technological Advancements

Advancements in technology have been a driving force in the large cooking appliances market. Smart appliances equipped with Wi-Fi connectivity, touch-screen interfaces, and mobile app integration have gained popularity. These innovations allow consumers to control their appliances remotely, access recipes, and receive notifications on cooking progress.

Furthermore, technological improvements in heating elements and sensors have enhanced cooking precision and efficiency. Induction cooktops, for instance, have gained traction due to their rapid heating capabilities and precise temperature control. Consumers are increasingly drawn to appliances that offer energy efficiency, helping reduce utility bills and environmental impact. In addition to smart features, the use of materials like stainless steel and tempered glass has improved the durability and aesthetics of large cooking appliances. These materials not only enhance the overall look of the kitchen but also make appliances easier to clean and maintain.

Energy Efficiency and Environmental Concerns

With growing environmental awareness, consumers are increasingly conscious of energy efficiency and the environmental impact of their appliances. This has driven the demand for large cooking appliances that are energy-efficient and eco-friendly. Manufacturers have responded by developing appliances that meet stringent energy efficiency standards and use eco-friendly materials. Energy-efficient ovens and stoves not only save consumers money on their utility bills but also reduce greenhouse gas emissions. The adoption of induction cooking, which is more energy-efficient than traditional gas or electric coil cooking, has been particularly noteworthy in this regard.

Moreover, some large cooking appliances now come with features like self-cleaning functions that use less energy and fewer chemicals compared to traditional cleaning methods. These innovations align with consumers' desires for both convenience and environmental responsibility.

Urbanization and Kitchen Space Constraints

Urbanization trends have had a significant impact on kitchen designs and the choice of large cooking appliances. In densely populated urban areas, space is often limited, and kitchens are smaller. This has led to the demand for compact and space-saving large cooking appliances that still offer high functionality.

Manufacturers have responded with innovative designs, such as slide-in ranges and wall ovens, which fit seamlessly into smaller kitchen spaces. These appliances maximize cooking capacity without occupying excessive floor space. Additionally, the use of modular kitchen layouts allows consumers to customize their cooking areas to meet their specific needs. The trend towards open-concept living spaces has also influenced the design of large cooking appliances. Appliances with sleek and minimalist aesthetics are preferred, as they blend well with the overall interior design of modern homes.

Economic Factors and Housing Market

Economic conditions and the state of the housing market play a pivotal role in the large cooking appliances market. When the economy is robust and the housing market is thriving, consumers are more likely to invest in upgrading their kitchens and purchasing high-end cooking appliances. Conversely, during economic downturns or periods of uncertainty, consumers may delay or scale back on home renovations, impacting the demand for large cooking appliances. Therefore, the health of the economy and the housing market is a major driver of this industry. Government incentives and policies related to housing and energy efficiency can also influence consumer choices. For instance, tax credits for energy-efficient appliance purchases can stimulate demand for large cooking appliances that meet these criteria.

 

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Key Market Challenges

Technological Complexity and Maintenance

One of the primary challenges in the large cooking appliances market is the increasing technological complexity of these appliances. While advanced technology has brought many benefits, it has also made appliances more intricate, with numerous features and components. This complexity can pose several issues:

Firstly, it can lead to higher manufacturing and repair costs. As appliances become more technologically advanced, the components used in them become more specialized and expensive to produce. Additionally, the repair and maintenance of these appliances often require specialized knowledge and tools, which can further increase costs for both manufacturers and consumers.

Secondly, technological complexity can lead to a steeper learning curve for consumers. Many large cooking appliances now come with digital interfaces, touch screens, and smart features. While these features offer convenience, they can be intimidating for some users. Consumers may struggle to understand and use all the available functions effectively, leading to frustration and reduced satisfaction with their appliances.

Furthermore, the rapid pace of technological advancements can make older appliances obsolete quickly. This can create a sense of disposability, as consumers feel pressured to replace their appliances to keep up with the latest features and capabilities. It also contributes to electronic waste, which is a growing environmental concern.

Environmental Concerns and Sustainability

The large cooking appliances market faces increasing pressure to address environmental concerns and promote sustainability. This challenge encompasses several aspects:

Energy Efficiency: Consumers and governments are placing greater emphasis on energy-efficient appliances. Large cooking appliances, particularly ovens and stoves, are known energy consumers. Inefficient appliances not only result in higher energy bills but also contribute to greenhouse gas emissions. Manufacturers must invest in research and development to create more energy-efficient cooking appliances to meet consumer demands and regulatory requirements.

Materials and Manufacturing: The materials used in manufacturing large cooking appliances can have a significant environmental impact. Stainless steel, glass, and other materials can be resource-intensive to produce. Moreover, the manufacturing processes themselves can generate emissions and waste. To address these concerns, manufacturers are exploring more sustainable materials and cleaner production methods.

Electronic Waste: As large cooking appliances become more technologically advanced, the rate of electronic waste generation increases. When appliances reach the end of their life cycle, disposing of or recycling them can be challenging. Manufacturers are encouraged to design appliances with longer lifespans and to offer recycling or take-back programs to reduce electronic waste.

Packaging and Transportation: Packaging materials and transportation are additional areas of concern. Excessive packaging and long transportation distances can result in unnecessary waste and carbon emissions. Companies are under pressure to adopt sustainable packaging practices and reduce the carbon footprint of their supply chains.

Shifting Consumer Preferences

Consumer preferences are continually evolving, presenting a challenge for manufacturers and retailers in the large cooking appliances market.

Aesthetic Preferences: Consumers are increasingly focused on the aesthetics of their kitchen appliances. They desire appliances that not only perform well but also fit seamlessly into their kitchen design. This preference for sleek, minimalist designs can make it challenging for manufacturers to balance aesthetics with functionality.

Size and Space Constraints: As urbanization continues, many consumers face limited kitchen space. This constraint can be a challenge for manufacturers trying to develop large cooking appliances that are both space-efficient and capable of meeting consumer needs. Smaller kitchens may require more compact appliances or creative space-saving solutions.

Health and Dietary Trends: Shifting dietary trends, such as the rise of plant-based diets and health-conscious eating, can impact the demand for certain cooking appliances. For example, consumers interested in plant-based diets may prioritize appliances like convection ovens for roasting vegetables, while health-conscious individuals may look for appliances that offer features like air frying.

Smart Features and Connectivity: While smart features in appliances offer convenience, not all consumers are eager to adopt them. Some individuals are concerned about data privacy and cybersecurity, creating a challenge for manufacturers to strike a balance between providing smart capabilities and addressing these concerns.

Key Market Trends

Smart Appliances and Connectivity

One of the most significant trends in the large cooking appliances market is the rise of smart appliances and connectivity. With the proliferation of smartphones and home automation systems, consumers increasingly seek kitchen appliances that offer remote control, automation, and integration with smart home ecosystems.

Smart ovens, ranges, and cooktops now come equipped with Wi-Fi connectivity and mobile apps that allow users to control cooking settings, receive notifications, and access recipes from their smartphones or tablets. This connectivity provides convenience and flexibility for busy households, allowing users to preheat the oven on their way home or monitor cooking progress remotely.

Moreover, voice-activated virtual assistants, like Amazon's Alexa and Google Assistant, can now be integrated with large cooking appliances. This means users can verbally instruct their appliances to perform tasks such as preheating the oven, setting timers, or adjusting cooking temperatures, enhancing the hands-free cooking experience.

The integration of artificial intelligence (AI) and machine learning is also a growing trend. Smart appliances can learn from users' cooking habits and preferences, offering tailored cooking recommendations and optimizing cooking times and temperatures for consistent results.

Sustainability and Energy Efficiency

Sustainability and energy efficiency have become central concerns for both consumers and manufacturers in the large cooking appliances market. New trends in this area focus on reducing energy consumption, conserving resources, and minimizing the environmental impact of large cooking appliances.

Manufacturers are increasingly designing large cooking appliances with advanced insulation, better sealing, and more efficient heating elements to reduce energy waste. Induction cooktops, in particular, have gained popularity due to their energy efficiency and precise temperature control.

Energy-saving modes and features like convection cooking, which distributes heat more evenly, have become standard in many large cooking appliances. Additionally, some appliances now include sensors that can detect the size of the cookware and adjust the heating element, accordingly, further improving efficiency.

Materials used in large cooking appliances are also evolving to be more sustainable. Manufacturers are exploring alternatives to traditional stainless steel, such as recycled or eco-friendly materials, to reduce the carbon footprint of production.

Another notable trend is the use of renewable energy sources, such as solar power, to fuel large cooking appliances. Solar-powered ovens and stoves are gaining attention for their environmentally friendly approach to cooking.

Segmental Insights

Product Type Insights

Based on the product type, with largest market share in the market for large cooking appliances, the cooktops category is leading in 2022. It contains a variety of goods, including wood, induction, hoods, and others. Despite having the biggest market share, the category is predicted to experience a fall during the projection period as a result of the rising demand for sophisticated sustainable appliances. For instance, ovens and fryers introduced by a select group of major firms, such as Energy Star makers, are recognized for using less electricity while maintaining essential functions.

End User Insights

In 2022, the household market sector held the largest market share. Products for modular and opulent homes are featured in this area. The growth of this industry is being fueled by the increase in per capita income and the introduction of cutting-edge products. Given the rising demand for modular kitchens, a major manufacturer called Prestige introduced a wide selection of tools like hobs, steamers, and built-in ovens for the Indian market.

During the forecasted period, the commercial segment is anticipated to continue to hold the biggest market share. The need for large cooking appliances in the commercial sector is being boosted by the rise in the number of cafes and restaurants open to the general public. During the forecast years, this market sector is expected to expand with highest CAGR.

 

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Regional Insights

In terms of value, Asia Pacific is anticipated to witness fastest CAGR during the forecasted period. Rising living standards have made consumers opt for improved kitchen appliances, driving the demand for household cooking appliances. Increasing trend of nuclear families coupled with financial stability encourages consumers to invest in cooking appliances with enhanced technology, thus driving the market.

Recent Developments

  • In 2022, Spectrum Brands Holdings, Inc., a leading global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, announced an agreement to acquire the home appliances and cookware categories of Tristar Products, Inc. for USD325 million.
  • In 2022, Butterfly Gandhimathi Appliances Ltd. ("Butterfly") got acquired by Crompton Greaves Consumer Electricals Ltd. ("Crompton"). Butterfly Gandhimathi Appliances Ltd is the leading maker of home kitchens and electrical appliances in India.

Key Market Players

  • Samsung Electronics Co. Ltd
  • Morphy Richards
  • LG Electronics Inc.
  • Whirlpool Corporation
  • Hitachi Appliances Inc.
  • Koninklijke Philips N.V.
  • AB Electrolux
  • Haier Group Corporation
  • GE Appliances
  • Robert Bosch GmbH

 By Product Type

By End User

By Sales Channel

By Region

  • Cooktops
  • Ovens
  • Others
  • Household
  • Commercial
  • Hypermarkets/Supermarkets
  • Multi-Branded Stores
  • Exclusive Stores
  • Online
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Large Cooking Appliance Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Large Cooking Appliance Market, By Product Type:

o   Cooktops

o   Ovens

o   Others

  • Large Cooking Appliance Market, By End User:

o   Household

o   Commercial

  • Large Cooking Appliance Market, By Sales Channel:

o   Hypermarkets/Supermarkets

o   Multi-Branded Stores

o   Exclusive Stores

o   Online

o   Others

  • Large Cooking Appliance Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Large Cooking Appliance Market.

Available Customizations:

Global Large Cooking Appliance market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Large Cooking Appliance Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decisions

4.3.  Challenges Faced

5.    Global Large Cooking Appliance Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Cooktops, Ovens, Others)

5.2.2.    By End User Market Share Analysis (Household, Commercial)

5.2.3.    By Sales Channel Market Share Analysis (Hypermarkets/Supermarkets, Multi-Branded Stores, Exclusive Stores, Online, Others)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        South America Market Share Analysis

5.2.4.3.        Middle East & Africa Market Share Analysis

5.2.4.4.        Europe Market Share Analysis

5.2.4.5.        Asia-Pacific Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2022)

5.3.  Global Large Cooking Appliance Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By End User Market Mapping & Opportunity Assessment

5.3.3.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.4.    By Regional Market Mapping & Opportunity Assessment

6.    North America Large Cooking Appliance Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By End User Market Share Analysis

6.2.3.    By Sales Channel Market Share Analysis

6.2.4.    By Country Market Share Analysis

6.2.4.1.        United States Large Cooking Appliance Market Outlook

6.2.4.1.1.            Market Size & Forecast

6.2.4.1.1.1.                By Value & Volume

6.2.4.1.2.            Market Share & Forecast

6.2.4.1.2.1.                By Product Type Market Share Analysis

6.2.4.1.2.2.                By End User Market Share Analysis

6.2.4.1.2.3.                By Sales Channel Market Share Analysis

6.2.4.2.        Canada Large Cooking Appliance Market Outlook

6.2.4.2.1.            Market Size & Forecast

6.2.4.2.1.1.                By Value & Volume

6.2.4.2.2.            Market Share & Forecast

6.2.4.2.2.1.                By Product Type Market Share Analysis

6.2.4.2.2.2.                By End User Market Share Analysis

6.2.4.2.2.3.                By Sales Channel Market Share Analysis

6.2.4.3.        Mexico Large Cooking Appliance Market Outlook

6.2.4.3.1.            Market Size & Forecast

6.2.4.3.1.1.                By Value & Volume

6.2.4.3.2.            Market Share & Forecast

6.2.4.3.2.1.                By Product Type Market Share Analysis

6.2.4.3.2.2.                By End User Market Share Analysis

6.2.4.3.2.3.                By Sales Channel Market Share Analysis

7.    Europe Large Cooking Appliance Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By End User Market Share Analysis

7.2.3.    By Sales Channel Market Share Analysis

7.2.4.    By Country Market Share Analysis

7.2.4.1.        Germany Large Cooking Appliance Market Outlook

7.2.4.1.1.            Market Size & Forecast

7.2.4.1.1.1.                By Value & Volume

7.2.4.1.2.            Market Share & Forecast

7.2.4.1.2.1.                By Product Type Market Share Analysis

7.2.4.1.2.2.                By End User Market Share Analysis

7.2.4.1.2.3.                By Sales Channel Market Share Analysis

7.2.4.2.        United Kingdom Large Cooking Appliance Market Outlook

7.2.4.2.1.            Market Size & Forecast

7.2.4.2.1.1.                By Value & Volume

7.2.4.2.2.            Market Share & Forecast

7.2.4.2.2.1.                By Product Type Market Share Analysis

7.2.4.2.2.2.                By End User Market Share Analysis

7.2.4.2.2.3.                By Sales Channel Market Share Analysis

7.2.4.3.        Italy Large Cooking Appliance Market Outlook

7.2.4.3.1.            Market Size & Forecast

7.2.4.3.1.1.                By Value & Volume

7.2.4.3.2.            Market Share & Forecast

7.2.4.3.2.1.                By Product Type Market Share Analysis

7.2.4.3.2.2.                By End User Market Share Analysis

7.2.4.3.2.3.                By Sales Channel Market Share Analysis

7.2.4.4.        France Large Cooking Appliance Market Outlook

7.2.4.4.1.            Market Size & Forecast

7.2.4.4.1.1.                By Value & Volume

7.2.4.4.2.            Market Share & Forecast

7.2.4.4.2.1.                By Product Type Market Share Analysis

7.2.4.4.2.2.                By End User Market Share Analysis

7.2.4.4.2.3.                By Sales Channel Market Share Analysis

7.2.4.5.        Spain Large Cooking Appliance Market Outlook

7.2.4.5.1.            Market Size & Forecast

7.2.4.5.1.1.                By Value & Volume

7.2.4.5.2.            Market Share & Forecast

7.2.4.5.2.1.                By Product Type Market Share Analysis

7.2.4.5.2.2.                By End User Market Share Analysis

7.2.4.5.2.3.                By Sales Channel Market Share Analysis

8.    Asia-Pacific Large Cooking Appliance Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By End User Market Share Analysis

8.2.3.    By Sales Channel Market Share Analysis

8.2.4.    By Country Market Share Analysis

8.2.4.1.        China Large Cooking Appliance Market Outlook

8.2.4.1.1.            Market Size & Forecast

8.2.4.1.1.1.                By Value & Volume

8.2.4.1.2.            Market Share & Forecast

8.2.4.1.2.1.                By Product Type Market Share Analysis

8.2.4.1.2.2.                By End User Market Share Analysis

8.2.4.1.2.3.                By Sales Channel Market Share Analysis

8.2.4.2.        India Large Cooking Appliance Market Outlook

8.2.4.2.1.            Market Size & Forecast

8.2.4.2.1.1.                By Value & Volume

8.2.4.2.2.            Market Share & Forecast

8.2.4.2.2.1.                By Product Type Market Share Analysis

8.2.4.2.2.2.                By End User Market Share Analysis

8.2.4.2.2.3.                By Sales Channel Market Share Analysis

8.2.4.3.        Japan Large Cooking Appliance Market Outlook

8.2.4.3.1.            Market Size & Forecast

8.2.4.3.1.1.                By Value & Volume

8.2.4.3.2.            Market Share & Forecast

8.2.4.3.2.1.                By Product Type Market Share Analysis

8.2.4.3.2.2.                By End User Market Share Analysis

8.2.4.3.2.3.                By Sales Channel Market Share Analysis

8.2.4.4.        South Korea Large Cooking Appliance Market Outlook

8.2.4.4.1.            Market Size & Forecast

8.2.4.4.1.1.                By Value & Volume

8.2.4.4.2.            Market Share & Forecast

8.2.4.4.2.1.                By Product Type Market Share Analysis

8.2.4.4.2.2.                By End User Market Share Analysis

8.2.4.4.2.3.                By Sales Channel Market Share Analysis

8.2.4.5.        Australia Large Cooking Appliance Market Outlook

8.2.4.5.1.            Market Size & Forecast

8.2.4.5.1.1.                By Value & Volume

8.2.4.5.2.            Market Share & Forecast

8.2.4.5.2.1.                By Product Type Market Share Analysis

8.2.4.5.2.2.                By End User Market Share Analysis

8.2.4.5.2.3.                By Sales Channel Market Share Analysis

9.    South America Large Cooking Appliance Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By End User Market Share Analysis

9.2.3.    By Sales Channel Market Share Analysis

9.2.4.    By Country Market Share Analysis

9.2.4.1.        Brazil Large Cooking Appliance Market Outlook

9.2.4.1.1.            Market Size & Forecast

9.2.4.1.1.1.                By Value & Volume

9.2.4.1.2.            Market Share & Forecast

9.2.4.1.2.1.                By Product Type Market Share Analysis

9.2.4.1.2.2.                By End User Market Share Analysis

9.2.4.1.2.3.                By Sales Channel Market Share Analysis

9.2.4.2.        Colombia Large Cooking Appliance Market Outlook

9.2.4.2.1.            Market Size & Forecast

9.2.4.2.1.1.                By Value & Volume

9.2.4.2.2.            Market Share & Forecast

9.2.4.2.2.1.                By Product Type Market Share Analysis

9.2.4.2.2.2.                By End User Market Share Analysis

9.2.4.2.2.3.                By Sales Channel Market Share Analysis

9.2.4.3.        Argentina Large Cooking Appliance Market Outlook

9.2.4.3.1.            Market Size & Forecast

9.2.4.3.1.1.                By Value & Volume

9.2.4.3.2.            Market Share & Forecast

9.2.4.3.2.1.                By Product Type Market Share Analysis

9.2.4.3.2.2.                By End User Market Share Analysis

9.2.4.3.2.3.                By Sales Channel Market Share Analysis

10.  Middle East and Africa Large Cooking Appliance Market Outlook

10.1.   Market Size & Forecast         

10.1.1. By Value & Volume

10.2.   Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By End User Market Share Analysis

10.2.3. By Sales Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1.     South Africa Large Cooking Appliance Market Outlook

10.2.4.1.1.         Market Size & Forecast

10.2.4.1.1.1.             By Value & Volume

10.2.4.1.2.         Market Share & Forecast

10.2.4.1.2.1.             By Product Type Market Share Analysis

10.2.4.1.2.2.             By End User Market Share Analysis

10.2.4.1.2.3.             By Sales Channel Market Share Analysis

10.2.4.2.     Saudi Arabia Large Cooking Appliance Market Outlook

10.2.4.2.1.         Market Size & Forecast

10.2.4.2.1.1.             By Value & Volume

10.2.4.2.2.         Market Share & Forecast

10.2.4.2.2.1.             By Product Type Market Share Analysis

10.2.4.2.2.2.             By End User Market Share Analysis

10.2.4.2.2.3.             By Sales Channel Market Share Analysis

10.2.4.3.     UAE Large Cooking Appliance Market Outlook

10.2.4.3.1.         Market Size & Forecast

10.2.4.3.1.1.             By Value & Volume

10.2.4.3.2.         Market Share & Forecast

10.2.4.3.2.1.             By Product Type Market Share Analysis

10.2.4.3.2.2.             By End User Market Share Analysis

10.2.4.3.2.3.             By Sales Channel Market Share Analysis

10.2.4.4.     Turkey Large Cooking Appliance Market Outlook

10.2.4.4.1.         Market Size & Forecast

10.2.4.4.1.1.             By Value & Volume

10.2.4.4.2.         Market Share & Forecast

10.2.4.4.2.1.             By Product Type Market Share Analysis

10.2.4.4.2.2.             By End User Market Share Analysis

10.2.4.4.2.3.             By Sales Channel Market Share Analysis

11.  Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.  Market Trends & Developments

13.  SWOT Analysis

13.1.   Strength

13.2.   Weakness

13.3.   Opportunity

13.4.   Threat

14.  Competitive Landscape

14.1.   Company Profiles

14.1.1. Samsung Electronics Co. Ltd

14.1.1.1.     Company Details

14.1.1.2.     Products & Services

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Morphy Richards

14.1.2.1.     Company Details

14.1.2.2.     Products & Services

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. LG Electronics Inc.

14.1.3.1.     Company Details

14.1.3.2.     Products & Services

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Whirlpool Corporation

14.1.4.1.     Company Details

14.1.4.2.     Products & Services

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Hitachi Appliances Inc.

14.1.5.1.     Company Details

14.1.5.2.     Products & Services

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Koninklijke Philips N.V.

14.1.6.1.     Company Details

14.1.6.2.     Products & Services

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. AB Electrolux

14.1.7.1.     Company Details

14.1.7.2.     Products & Services

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Haier Group Corporation

14.1.8.1.     Company Details

14.1.8.2.     Products & Services

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. GE Appliances

14.1.9.1.     Company Details

14.1.9.2.     Products & Services

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.               Robert Bosch GmbH

14.1.10.1.   Company Details

14.1.10.2.   Products & Services

14.1.10.3.   Financials (As Per Availability)

14.1.10.4.   Key Market Focus & Geographical Presence

14.1.10.5.   Recent Developments

14.1.10.6.   Key Management Personnel

15.  Strategic Recommendations/Action Plan

15.1.   Key Focus Areas

15.2.   Target Product Type

15.3.   Target Sales Channel

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Large Cooking Appliance Market was estimated to be USD36.18 billion in 2022.

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The major drivers of the large cooking appliance market include increasing disposable income of consumers, growing trend of urbanization, rising awareness of the importance of health and safety, technological advancements in cooking appliances.

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Asia Pacific dominated the market with a revenue share in 2022. Improving living standards in urban and semi-urban areas in emerging countries is driving the growth of this region. Further, nuclear families and the number of women workforce are on the rise, which in turn is supplementing the demand in this region.

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Samsung Electronics Co. Ltd; Morphy Richards; LG Electronics Inc.; Whirlpool Corporation; Hitachi Appliances Inc.; Koninklijke Philips N.V.; AB Electrolux; Haier Group Corporation; GE Appliances; Robert Bosch GmbH are the leading players of the Global Large Cooking Appliance Market.

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Parvati Sharma

Account Manager BD
Press Release

Large Cooking Appliances Market to Grow with a CAGR of 5.4% through 2028

Feb, 2024

Increased standard of living and consumer preference for modular kitchens are factors driving the Global Large Cooking Appliance market in the forecast period 2024-2028.