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Kitchen Appliances Market Size, Share | Industry Report, 2024 | Hexa Resear... PowerPoint PPT Presentation


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Kitchen appliances are machines that aid in the smooth functioning of kitchen related activities. Their main source of energy is gas or power. Fluctuating fuel prices can have a major impact on this market. Technological innovation in this market has helped in developing products that run on solar energy. Dishwashers, stoves, and fridge are some of the major appliances used in the kitchen. Rural electrification projects are expected to boost market demand over the forecast period.

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Kitchen Appliances Market Size, Share | Industry Report, 202...

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Kitchen appliances market size share industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Kitchen Appliances Market Analysis, Size, Share, Growth,

Industry Trends and Forecast Report up to 2024 | Hexa Research

The global kitchen appliances market was estimated at around USD 179 billion in 2015.

Energy and cost efficient products can gain revenue share due to government initiative to

conserve electricity consumption.

Rise in fast-paced modern lifestyle, dual income households, growing preference for

modular kitchen are expected to drive the demand of kitchen appliances. Moreover, rapid

urbanization and product upgrade can also contribute to market growth.

Increasing electricity costs and government focus to spread awareness about energy

consumption can promote environment friendly and energy efficient products. Health

conscious and geriatric population requires kitchen appliances that require less oil. The

penetration of these appliances in the market can further propel industrial growth. The

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Kitchen appliances market size share industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

kitchen appliances market is divided into products, fuel type, product structure, applications,

and regions.

By products, the market is segmented into dishwasher, refrigerator, cooking appliance, and

other appliances. Refrigerator accounted for over 40% of overall revenue share. It is

expected to grow at a CAGR of around 5% till 2024.

Browse Detail Report@

https://www.hexaresearch.com/research-report/kitchen-appliances-market

Fuel types comprise of electricity, cooking gas, solar energy, fuel wood, biogas, and

renewable energy. On the basis of product structure, the industry is bifurcated into built-in

and free standing appliances.

Applications are split into commercial and residential. Commercial refrigerators are widely

used in supermarkets, convenience stores, restaurants specialty food stores, grocery

stores, and cafeterias. Residential segment was valued surpassing USD 100 billion in 2014.

It is expected to be the leading sector in the coming years.

Regions encompass North America, Asia Pacific, Europe, and the Rest of the World (RoW).

North America is likely to dominate global revenue in the coming years.

Asia Pacific kitchen will witness a considerable growth due to the rise in the middle class

population. The ‘Make in India’ program established by the Indian government can further

boost the market competitors and growth in the region in the coming years.

Some of the major industrial players are Samsung Electronics, Whirlpool Corporation, Haier

Group, LG Electronics, and Morphy Richards Limited. Development strategies include

acquisition and product launch. Acquisition helps companies share technological

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Kitchen appliances market size share industry report 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

requirements. Electrolux introduced an in-oven Cam prototype, which is an oven with a

built-in camera to monitor food.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/electronic-devices-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We

offer comprehensive business intelligence in the form of industry reports which help our

clients obtain clarity about their business environment and enable them to undertake

strategic growth initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: [email protected]

Website - http://www.hexaresearch.com/

Follow us on Linkedin: https://www.linkedin.com/company/hexa-research

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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