The Home Cooking Appliances Market Report prepared by TBRC covers the Home Cooking Appliances market size, drivers, restraints, key players and the impact of COVID-19.
LONDON, GREATER LONDON, UK, September 21, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Global Cooking Appliance Market Report 2022”, the home cooking appliance market is expected to grow from $110.76 billion in 2021 to $121.17 billion USD in 2022 at a compound annual growth rate (CAGR) of 9.4%. The growth of the global home cooking appliance market is mainly driven by companies rebuilding and recovering from the impact of COVID-19, which previously led to restrictive containment measures including social distancing, remote work, and business closures. led to operational problems. market size of household appliances for cooking it is expected to reach $165.77 billion in 2026 at a CAGR of 8.2%. The growing popularity of energy efficient kitchen appliances is expected to increase the demand for electric stoves.
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Key Trends in the Home Cooking Appliances Market
Companies in the home cooking appliance market are increasingly releasing technologically advanced multi-function ovens to meet the growing demand for multi-function devices with added benefits. These multifunctional ovens use a wide range of methods for individual and easy cooking. These ovens use devices that guide and instruct users in the cooking process. In addition, they also have catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning function allows the use of special chemical liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean dirt and grease with high temperatures.
Market Overview of Home Appliances for Cooking
The home cooking appliance market consists of revenue generated by entities (organizations, individuals or partnerships) that design, manufacture and sell home cooking appliances. The market also includes sales of household electrical and non-electric cooking equipment. These include microwave ovens, electric stoves, barbecues and grills, among others.
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TBRC’s 2022 Global Home Appliances Cooking Appliances Market Report contains the following information:
Market size data
Forecast period: historical and future
Regions: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
By product: electric stoves, microwave ovens, barbecues and grills, other
By Application: Household, Commercial
Fuel Type: Cooking Gas, Electricity
Geographically: The global home cooking appliance market is divided into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, the Middle East and Africa. Among these regions, the Asia-Pacific region has the largest market share.
Major market players such as LG Electronics Inc, Electrolux AB, Panasonic, Haier Group, Whirlpool Corporation, SMEG, Kenmore, Samsung Electronics, Galanz Enterprise Group and Philips.
Trends, opportunities, strategies and more.
The 2022 Global Home Cooking Appliance Market Report is one of The Business Research Company’s comprehensive reports that provides an overview of the home cooking appliance market. The market report analyzes the market size of Home Cooking Appliances, market share of household appliances for cooking, Global Home Appliance Market Growth Drivers, Home Appliance Market Segments, Major Players in the Global Home Kitchen Appliance Market, Global Home Kitchen Appliance Market Growth by Geographic Regions, Global Home Kitchen Appliance Market Trends and Competitor Revenues in the Global Home Kitchen Appliance Market and Market Positioning . The Global Home Appliances Market Report provides insight into opportunities and strategies, and identifies countries and segments with the highest growth potential.
Not what you were looking for? View related reports from The Business Research Company:
2022 Global Electric Cooker Market Report
2022 Global BBQ & Grills Market Report
2022 Global Microwave Oven Market Report
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