Home Household chores Global household cooking appliances market to 2028 – by product type and region

Global household cooking appliances market to 2028 – by product type and region

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DUBLIN–(BUSINESS WIRE)–The “Household Cooking Appliances Market, By Product Type, By Region – Size, Share, Outlook, and Opportunity Analysis, 2021-2028” report has been added to from ResearchAndMarkets.com offer.

A household appliance, also known as a household appliance, commercial appliance, or kitchen appliance, is basically a machine that helps with various household activities like cooking, washing, and preparing food. Different types of cooking appliances are available today which help to perform several tasks more easily and economically.

Cooking appliances can be classified into three categories, namely electric cooking appliances, fuel cooking appliances and gas cooking appliances. Among all these appliances, electric cooking appliances are the best for homes and small restaurants due to their speed and ease of use.

The increase in population ultimately fuels the growth of the residential sector which, in turn, augments the growth of the household cooking appliances market. According to the United Nations, the world population is expected to increase by 2 billion people in the next 30 years, from 7.7 billion currently to 9.7 billion in 2050, and could peak at almost 11 billion around 2100.

On the other hand, the high initial cost of household appliances is expected to have a negative impact on the growth of the household cooking appliances market.

Detailed segmentation:

Global household cooking appliances market, by product type:

  • Conventional

  • Microwave

  • Combination

Global Household Cooking Appliances Market, By Region:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

Company Profiles

  • AB Electrolux

  • Daewoo Electronics Corporation

  • Whirlpool Corporation

  • Haier Group Company

  • LG Electronics

  • Panasonic, Philips Electronics

  • Videocon Industries Limited

  • Robert Bosch GmbH

  • Fisher & Paykel Appliances Holdings Ltd.

  • Stoves Appliance Company (Glen Dimplex Home Appliances Ltd.)

  • Miele & Cie. KG

Main characteristics of the study:

  • This report provides an in-depth analysis of the Household Cooking Appliances market and provides the market size (Million US$) and Compound Annual Growth Rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year.

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players of the global Household Cooking Appliances Market based on the following parameters: Company Highlights, Product Portfolio, Key Highlights, Financial Performance and Strategies

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding their future product launches, type upgrades, market expansion and marketing tactics.

  • The Global Household Cooking Appliances Market report is targeted at various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.

  • Stakeholders would have an ease in decision-making through various strategic matrices used to analyze the global Household Cooking Appliances market

For more information on this report, visit https://www.researchandmarkets.com/r/qaaspq

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