Learn about the global Household Cooking Appliance market through The Business Research Company, which provides information on household cooking appliance market size, household cooking appliance market drivers and restraints, household cooking appliance market players, the COVID-19 impact on the household cooking appliance market, and more.

The global household cooking appliance market size is expected to grow from $110.76 billion in 2021 to $121.17 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The household cooking appliance market is expected to reach $165.77 billion in 2026 at a CAGR of 8.2%.

Growing popularity of energy-efficient cooking appliances is expected to increase the demand for electric stoves.

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The household cooking appliances market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of household cooking appliances. The market also includes sales of household-type electric and nonelectric cooking equipment. These include microwave ovens, electric stoves, barbeques and grills, and others.

Global Household Cooking Appliance Market Segments Include:
By Product: Electric Stoves, Microwave Ovens, Barbecues and Grills, Others

By Application: Household, Commercial

By Fuel Type: Cooking Gas, Electricity

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the household cooking appliances market in 2021.

Companies in the household cooking appliance market are increasingly launching technologically-advanced multi-functional ovens to cater to the rising demand for multi-functional appliances with additional benefits. These multi-functional ovens use a wide range of methods to provide customized and easy cooking. These ovens use devices to guide and instruct users in the process of cooking. Apart from these, they also come with catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning feature allows the use of special chemical installed liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean the dirt and grease using high temperatures.

TBRC’s household cooking appliance market report covers:

Major Market Players: LG Electronics Inc, Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG, Kenmore, Samsung Electronics, Galanz Enterprise Group, and Philips.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Household Cooking Appliance Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides household cooking appliance market overviews, analyzes and forecasts market size, share, household cooking appliance market players, household cooking appliance market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s household cooking appliance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Electric Stoves Global Market Report 2022

Barbecues And Grills Global Market Report 2022

Microwave Ovens Global Market Report 2022

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