Report

Asia-Pacific Kitchen Appliances Market Report

199 pages Dec 2024
Asia-Pacific Kitchen Appliance

Asia-Pacific Kitchen Appliances Market Report and Forecast 2032

Asia-Pacific Kitchen Appliances Market Size, Share, Analysis, Tends, and Report - By Product (Built-In Hobs, Cooker, Oven, Residential Cooker Hoods), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Store, E-Commerce, Online Stores, Others), By End Use (Residential, Commercial), and Others...markets/Supermarkets, Specialty Store, E-Commerce, Online Stores, Others), By End Use (Residential, Commercial), and Others

  • Consumer Goods & Services
  • Pages : 199
  • Dec 2024
  • Report Format :  

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Asia-Pacific Kitchen Appliances Market Insights & Analysis

The Asia-Pacific Kitchen Appliances Market is anticipated to register a CAGR of around 4.50% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 365.43 million by 2032. Rapid urbanization, rising disposable incomes, and the increasing usage of cutting-edge technologies in home appliances have all contributed to the expansion of the Asia-Pacific Kitchen Appliances Market. This industry serves a diversity of customer requirements in the area by offering a broad selection of goods, such as cleaning, refrigeration, and culinary appliances. Further, a large appliance, often known as a domestic kitchen appliance, is typically designated as a huge machine that performs a regular housekeeping function, including cooking or food preservation, whether in a commercial, institutional, or residential setting. Several individuals believe that the kitchen is the focal point of the house.

Moreover, as technology progresses, homes are also becoming "smart," which is altering the kitchen. The kitchen & dining areas are becoming smart, comfortable, and enjoyable places owing to a variety of smart kitchen products. It is projected that the market would develop as smart home kitchen appliances become more broadly utilized. It is presumed that the industry might be driven by the rising popularity of modular kitchen appliances. Also, the growing popularity of built-in hobs due to their excellent fit for small kitchens is driving up sales & profits for the Asia-Pacific Kitchen Appliances Market participants.

Asia-Pacific Kitchen Appliances Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 4.50%

  • Market Value 2032: USD 365.43 Million

  • Fastest Growing Market: China

  • Major Players: Samsung Electronics Co. Ltd., LG Electronics Inc., Whirlpool Corporation, Electrolux AB, Panasonic Holdings Corporation, Haier Group Corporation, Gree Electric Appliances, lnc., and Others 

Furthermore, a broader range of consumers could now buy kitchen appliances owing to government programs that promote energy-efficient equipment & the rising popularity of e-commerce sites. The industry across the region is dominated by nations, such as China, India, and Japan because of their sizable populations, urban housing developments, and growing awareness of the importance of cooking healthily. However, the Asia-Pacific Kitchen Appliances Market also has to oppose issues like competition from unorganized industries & price sensitivity in emerging markets. Nevertheless, the market for kitchen appliances in Asia-Pacific is foreseen to flourish as a result of the move toward high-end, environmentally friendly, and intelligent kitchen solutions in the future years.

Asia-Pacific Kitchen Appliances Market Dynamics

  • Expansion of the Foodservice & Hospitality Sector to Drive the Market

The development of the hospitality & food service industries in Asia-Pacific is driving demand for kitchen appliances for homes & businesses. For restaurants, hotels, and catering services to gratify the rising requirement for dining services in rapidly emerging economies, heavy-duty, high-performance kitchen equipment is essential. Moreover, the increasing need for cutting-edge kitchen equipment is being caused by the expansion of the hospitality sector in nations like China, India, and Southeast Asia as well as rising consumer wealth. This, in turn, contributes to enhancing the Asia-Pacific Kitchen Appliances Market shares in the following years.

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Asia-Pacific Kitchen Appliances Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Product
      1. Built-In Hobs
      2. Cooker
      3. Oven
      4. Residential Cooker Hoods
    3. Market Share, By Distribution Channel
      1. Hypermarkets/Supermarkets
      2. Specialty Store
      3. E-Commerce
      4. Online Stores
      5. Others
    4. Market Share, By End Use
      1. Residential
      2. Commercial
    5. Market Share, By Country
      1. China
      2. Japan
      3. India
      4. ASEAN
      5. Australia
      6. Others
    6. Market Share, By Company
      1. Revenue Shares
      2. Competition Characteristics
  8. China Kitchen Appliances Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Distribution Channel
    4. By End Use
  9. Japan Kitchen Appliances Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Distribution Channel
    4. By End Use
  10. India Kitchen Appliances Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Distribution Channel
    4. By End Use
  11. ASEAN Kitchen Appliances Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Distribution Channel
    4. By End Use
  12. Australia Kitchen Appliances Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Product
    3. By Distribution Channel
    4. By End Use
  13. Competitive Outlook (Company Profile - Partila List)
    1. Samsung Electronics Co. Ltd.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. LG Electronics Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Whirlpool Corporation
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Electrolux AB
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Panasonic Holdings Corporation
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Haier Group Corporation
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. Gree Electric Appliances, lnc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Robert Bosch GmbH
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Koninklijke Philips N.V.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    10. Midea Group Co. Ltd.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  14. Contact Us & Disclaimer

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