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Report Overview

The global kitchen appliances market was valued at USD 232.00 Billion in 2024. The industry is expected to grow at a CAGR of 4.60% during the forecast period of 2025-2034. The gradual adoption of urbanization with increasing disposable incomes have mainly driven the market globally as most consumers are migrating to cities, where compact cooking measures for busy lifestyles are in high demand. Advanced kitchen appliances like multi-cookers, dishwashers, and smart refrigerators occupy less space and help consumers prepare meals fast. In turn, all these factors have resulted in the market attaining a valuation of USD 363.75 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As per the U.S. Census Bureau, U.S. retail and food services monthly sales increased to USD 705.2 billion in April 2024. This figure is indicative of consumers increasingly spending budgets on kitchen appliances such as blenders, refrigerators, and cooking gadgets. Companies can take advantage of this trend through innovative and high-quality appliances by targeting both traditional retail channels and the growing e-commerce platforms.
  • According to the ABS, in Australia, household goods retailing rose by 0.7% (USD 37.7m) in April 2024. Companies can capitalize on this trend by developing innovative, multi-featured kitchen appliances to boost further opportunities for growth.
  • India’s domestic production of electronic systems has increased to USD 101 billion in FY23, which also contributes to the share of modern kitchen appliances. Therefore, as consumers upgrade their homes or renovate their kitchens, companies can broaden their ranges further to include smart appliances and modular kitchen systems.

Kitchen Appliances Market Share

Market Insights by Product

Refrigerators are anticipated to grow at a CAGR of 6.3% during the forecast period whereas mixers and grinders are expected to grow at a CAGR of 5.7% in the same period. The increasing demand for advanced refrigeration technologies, such as smart refrigerators with features like humidity control, built-in water filtration systems, multi-gas systems and humidity-controlled drawers, is driving the growth of the kitchen appliances industry. Convenience, time saving, and hygiene requirements have promoted the uptake of dishwashers. Urbanization coupled with increasing per capita income and shifting lifestyle patterns with growing popularity of ready-to-eat meals are resulting in an increased demand for microwave ovens.  Consumers are also adopting them for multi-cooking and reheating functions. The rising trend of homely meals preparation with a growing desire to cook healthily propels the sales for mixing and grinding appliances. These make meal preparation convenient and productive. Food processors due to enhanced energy-efficiency have become increasingly popular worldwide. 

Market Share by Country
Brazil 2.6%
USA XX%
Canada XX%
UK XX%

Market Analysis by Fuel Type

Electricity is the major energy source, powering a wide range of devices such as refrigerators, microwaves, dishwashers, and electric stoves. This dominance is due to the versatility and convenience of electric appliances, which are integral to modern kitchens. While cooking gas (LPG and Natural Gas) is commonly used for gas stoves and ovens, its application is more limited compared to electric appliances in kitchen appliances market. It provides a consistent and efficient source of heating for cooking and is a favorite in developed and emerging markets. Additionally, increased adoption of gas-based stoves and ovens in residential and commercial kitchens, coupled with governmental subsidies and investments in infrastructure, also contribute to driving this market segment. 

Insights as per End Use

The residential sector's demand for kitchen appliances is increasing due to a growing need for modern housing equipped with the latest kitchen technology. Higher disposable incomes enable households to invest in advanced appliances that enhance convenience and efficiency. Further, integrating smart technologies in kitchen appliances appeals to tech-savvy consumers, offering automated and connected kitchen solutions. On the other hand, large-scale applications for commercial end-use have been fueled by the rising foodservice industry, especially among restaurants, hotels, and cafes, which are dependent on appliances with highly efficient and higher capacity performance. The commercial sector is expected to grow at a CAGR of 6.2% in the forecast period. 

By Distribution Channels Insights

The convenience of shopping from home at any time is a significant benefit, eliminating the need to travel to physical stores, and increasing the industry revenue. Online platforms typically provide a wider selection of products, including various brands, models, and price ranges, often surpassing the inventory available in physical stores, thereby propelling the kitchen appliances market growth. Offline distribution channels are also thriving as they provide tactile experiences of shopping which allows the consumers to experience the products before purchasing them. Retail establishments like the electronics chain, department stores, as well as specialty outlet stores offer instant product availability along with personal customer service.

Kitchen Appliances Market Report Snapshots

Kitchen Appliances Market Size

Kitchen Appliances Market Growth

Kitchen Appliances Market Trends

Kitchen Appliances Market Share

Kitchen Appliances Manufacturers

Kitchen Appliances Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The kitchen appliances market is assessed to grow at a CAGR of 4.60% between 2025 and 2034.

The major market drivers are the growing advancements in technology and rising disposable incomes.

The key trends in the market for kitchen appliances include the increasing launch of innovative products, busy lifestyles led by working people worldwide, and demand from commercial kitchens.

The various fuel types in the market for kitchen appliances include cooking gas, and electricity, among others.

The various product types in the market for kitchen appliances include dishwashers, microwave ovens, refrigerators, mixers and grinders, and food processors, among others.

The market key players are LG Electronics Inc., Haier Inc., Samsung Electronics Co., Ltd., Whirlpool Corporation, BSH Hausgeräte GmbH, Panasonic Corporation, AB Electrolux, Fisher & Paykel Appliances Ltd., SMEG S.p.A., and Miele & Cie. KG, among others.

A good-quality kitchen appliance requires less maintenance, works better, and lasts longer.

In 2024, the market reached an approximate value of USD 232.00 Billion.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 363.75 Billion by 2034.

The market is categorised according to the distribution channels, which include online stores and offline stores.

Based on the end use, the market is divided into residential and commercial.

The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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