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Household Cooking Appliances Market 2025 Outlook by Growth Rate | Trends, Size and Opportunities

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Rahul Sharma
Household Cooking Appliances Market 2025 Outlook by Growth Rate | Trends, Size and Opportunities

Global Household Cooking Appliances Market Report 2025 size is anticipated to value USD 124.8 billion until 2025. It is also expected to register a CAGR of 6.5% over the forecasted years, 2019 to 2025. This growth can be associated with the rising preference over homemade food prevailing among the millennial population coupled with the integration of technologies like IoT in kitchen appliances for enhancing the ease of cooking.

 

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Market Synopsis of Household Cooking Appliances Market:

 

Usage of smart kitchen appliances for household cooking is gaining traction across developed countries like the U.S., Canada, and Germany. Several players are developing appliances that can be accessed remotely with the help of mobile devices. Thus, they can facilitate the cooking process by reducing time and energy consumption. These factors are projected to boost the market growth in the upcoming years.

 

In 2018, the cooktops & cooking range product segment held the largest share of around 46.0% across the global market due to surging demand for appliances like electrical and induction cooktops for regular cooking purposes. On the other hand, the segment of specialized appliances is projected to witness 5.5% CAGR from 2019 to 2025 due to their surging usage for the preparation of exotic dishes prevailing among the millennial population.

 

The household cooking appliance market includes key players such as Haier Group, AB Electrolux, LG Electronics, Koninklijke Philips NV, and Whirlpool Corporation. These players are engaged in developing innovative products by integrating technologies like AI and IoT in conventional kitchen appliances. Also, strategies like acquisitions, partnerships, and mergers are being implemented by these players to expand their geographical reach and product portfolio.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-household-cooking-appliances-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Household Cooking Appliances: Market Variables, Trends & Scope              

Chapter 4 Household Cooking Appliances: Product Estimates & Trend Analysis

Chapter 5 Household Cooking Appliances: Application Estimates & Trend Analysis

Chapter 6 Household Cooking Appliances: End-use Estimates & Trend Analysis

Chapter 7 Household Cooking Appliances: Industrial End-use Estimates & Trend Analysis

Chapter 8 Household Cooking Appliances: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Household Cooking Appliances: Manufacturers Company Profiles

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