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Global Kitchen Appliances Market by Product (Refrigerators, Dishwashers, Ovens, Cookware and cooktops, Scales and thermometers) by Application (Residential, Commercial ) By Application (Upstream Process, Downstream Process) Business Overview, Analysis and Industry Forecast 2019-2025

  • Category:Consumer Goods and Services
  • Published on:14 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 939190
  • Publisher:Genesis Market Insights

Overview

Global Kitchen Appliances Market was valued at USD 210 Billion in the year 2018. Global Kitchen Appliances Market is further estimated to grow at a CAGR of 6.62% from 2019 to reach USD 308.5 Billion by the year 2025. The North America region holds the highest market share in 2019 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China, and the U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

Philips NV (Netherlands), 3M Company (U.S), Sharp Corporation (Japan) are the key players in this market. Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

Rapid change in lifestyle

Restraints:

Quite expensive

Opportunities:

Introduction of innovative products

Growth in investment through R&D

Challenges:

Growing competition among key players

The Global Kitchen Appliances Market is segmented as By Product, Application, and Region. The Product segment is divided into Refrigerators, Refrigerators, Dishwashers, Ovens, Cookware and cooktops, scales and thermometers and other products (Kettles and coffee makers) in which the refrigerators segment accounts for the highest market share due to growing efforts to develop advanced refrigerator models from global players. The Application segment is divided into commercial and residential in which the residential segment accounts for the largest market share due to rising expenditure on household appliances.

Among all, it is expected that the residential application segment will be growing at a moderate CAGR of XX% in the assessment period.

Key Benefits for Stakeholders

Kitchen appliance manufacturers

Commercial industries

Retailers and wholesalers

Traders, importers, and exporters

By Product

Refrigerators

Dishwashers

Ovens

Cookware and cooktops

Scales and thermometers

Other products (Kettles and coffee makers)

By Application

Residential

Commercial

By Region

North America

Europe

Asia Pacific

RoW

Key Market Players

Philips N.V

Inalsa

Black and Decker

Morphy Richards

Faber

Siemens

Bosch

Bajaj

Maharaja

Miele

(A brief overview of 10 companies is also provided)

Research Methodology:

Genesis Market Insights follows in depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in house Data on a broad front.
Both Bottom Up and Top Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

  • Study of the effects of exogenous and endogenous factors affecting the global market; Among the macro-environmental factors shown in the extensive PESTLE analysis include demographics, economics and politics.

  • We use Porter's five force analysis to analyze competitive levels and business strategy development to study microenvironmental factors that determine the overall profitability of an industry.

  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

  • Competitive topographic analysis listing mergers, acquisitions, and collaborations in the field, along with major company new product launches, comparative financial research, and recent developments in the market

  • Summary omitting entire reports to help decision makers quickly become familiar with background information, concise analysis, and key conclusions

  • Professionally devise analyst overviews with investment opportunities to provide a strong financial foundation in the market for both individuals and organizations

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