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


Posted November 4, 2020 by pooja1919

The kitchen appliances market is anticipated to grow at a significant CAGR of 6.3% during the forecast period.
 
Kitchen Appliances Market Size, Share, Future Prospects and Forecast 2020-2026
The kitchen appliances market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The kitchen appliances market growth can be attributed to the increasing disposable income of the people across the globe. Additionally, the increasing awareness regarding the advantages of various kitchen appliances coupled with the strengthening brand image will also aid in the growing market shares.

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Moreover, companies across the globe are using social media platforms and strong advertisement campaigns to drive the popularity of their products. Besides, the introduction of smart kitchen appliances is also expected to increase the replacement rate and average cost of kitchen appliances. Moreover, with the COVID-19 lockdowns in the country, people are staying more at home, hence need more sophisticated kitchen appliances, thus driving the market growth.

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Global 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

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

BBK Electronics Corp.

BSH Hausgeräte GmbH

De’ Longhi Appliances S.r.l.

Dyson Ltd.

Electrolux AB

General Electric Co.

Gorenje AS

Haier Group Corp.

Hitachi, Ltd.

Kenmore (Transform SR Holding Management LLC)

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