Japan Kitchen Appliance Market Size, Share, Future Prospects and Forecast 2020-2026


Posted November 4, 2020 by pooja1919

The Japan kitchen appliances market is anticipated to grow at a CAGR of 4.8% during the forecast period.
 
The Japan kitchen appliances market is anticipated to grow at a CAGR of 4.8% during the forecast period. High urbanization and high disposable income are some of the major factors for the growth of the market in the country. Moreover, the busy lifestyles of young people living alone or in the nuclear family is also boosting the demand for kitchen appliances. The strong e-commerce market growth of Japan will in turn, also aid in the expansion of Japan’s kitchen appliances market. However, the already high penetration of kitchen appliances in the country will challenge the growth of the kitchen appliance industry during the forecast period.

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The Japan kitchen appliance market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into refrigerators, microwave, mixer & juicer and food processor, stove & hobs, dishwasher, water purifier, coffee machines, and other. Refrigerator segment occupies a significant share in the country’s market. Based on the application, the market is sub-segmented into a residential kitchen and commercial kitchen. Further, based on the distribution channel the market is sub-segmented into the online channel and offline channel.

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Japan Kitchen Appliances Market Segmentation

By Product Type

Refrigerators

Microwave

Mixer & Juicer and Food Processors

Stove & Hobs

Dishwasher

Water Purifier

Coffee Machines

Other (Electric Chimney, Kettle, Toaster)

By Application

Residential

Commercial

By Distribution Channel

Online Channel

Offline Channel

Company Profiles

Haier Group Corp.

Hitachi, Ltd.

Koninklijke Philips N.V.

LG Electronics Inc.

Mitsubishi Electric Corp.

Panasonic Corp.

Rinnai Corp.

Samsung Electronics Co. Ltd.

Sharp Corp.

Siroca Inc.

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated November 4, 2020