Kitchen Appliances Market Share, Size, Trends, Growth, Report and Forecast Till 2024

1. Global Kitchen Appliances Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Kitchen Appliances Market Overview: According to the latest report by IMARC Group, titled “Kitchen Appliances Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global kitchen appliances market size reached US$ 240.5 Billion in 2018. Kitchen appliances are devices that are designed to perform domestic tasks pertaining to cooking, storage and cleaning. These appliances, primarily operating on electricity or gas, are widely adopted across the globe for performing various complicated kitchen activities. They save time as well as the users’ efforts by simplifying household chores. Appliances such as refrigerators, stoves and ovens have become an indispensable component for a majority of the households, whereas devices including blenders juicers, dishwashers, coffee machines, toasters, air fryers and rice cookers are also widely adopted across various households. Global Kitchen Appliances Market Trends Rapid urbanization, inflating per capita income levels and improving living standards have increased in the uptake of modern kitchen appliances. In addition to this, hectic working schedules and long working hours of working professionals have provided a boost to the sales of convenient cooking appliances.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Furthermore, the advent of Wi-Fi connected kitchen devices that can be remotely monitored and controlled by smartphones is expected to impact the market growth favorably. On account of the aforementioned factors, the market is projected to reach a value of US$ 322.3 Billion by 2024, growing at a CAGR of around 5% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/kitchen-appliances- market/requestsample

5. Report Description and Highlights Report Description Moreover, to address the issue of high electricity consumption by several devices, manufacturers have introduced various energy-efficient variants with energy rating labels. This enables consumers to understand the energy performance of a particular appliance in comparison with other similar models. Growing health consciousness among users has also led to an increase in the sales of devices that utilize little to no oil, such as air fryers and convection ovens. Key Market Segmentation: Market Segmentation by Product Type • • • • • • Refrigerators Microwave Owens Induction Stoves Dishwasher Water Purifiers Others For more information, click here: https://www.imarcgroup.com/kitchen-appliances-market

6. Report Description and Highlights Report Description On the basis of the product type, the market has been divided into refrigerators, microwave ovens, induction stoves, dishwashers, water purifiers and others. At present, refrigerators are the most preferred segment. Market Segmentation by Structure • • Built-In Free Stand Based on the structure, the market has been bifurcatedinto built-in and free stand. Market Segmentation by Fuel Type • • • Cooking Gas Electricity Others On the basis of the fuel type, the market has been categorized into cooking gas, electricity and others.

7. Report Description and Highlights Report Description Market Segmentation by Application • • Residential Commercial Based on the application, the market has been bifurcated into residential and commercial segments, wherein the residential sector exhibits a clear dominance in the market. Market Segmentation by Distribution Channel • • • • • Supermarkets and Hypermarkets Specialty Stores Online Stores Departmental Stores Others On the basis of the distribution channel, the market has been classified into supermarkets and hypermarkets, specialty stores, online stores, departmental stores, and others.

8. Report Description and Highlights Report Description Market Segmentation by Region • • • • • Asia Pacific North America Europe Middle East and Africa Latin America On the geographical front, North America holds the leading position in the market, accounting for the majority of the total market share. Other major regions include Asia Pacific, Europe, Latin America, and Middle East and Africa. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • Whirlpool Corporation AB Electrolux

9. Report Description and Highlights Report Description • • • • • • • • Samsung Electronics Co. Ltd LG Electronics Winia Daewoo Electronics Panasonic Corporation Haier Group Corporation BSH Hausgeräte GmbH Miele & Cie. KG Sub- Zero Group, Inc.

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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