The Asia Pacific Cookers & Ovens Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
People prefer to acquire these household goods online with an ensured guarantee from online providers, hence e-commerce is gaining traction in the current industry. It is because of the widespread accessibility of home gadgets and the internet that can be operated by voice and command, large kitchen appliances are becoming increasingly popular. Given the existing pandemic situation, which is also driving growth as individuals stock up on basics, these cookers & ovens are likely to expand the most among major kitchen appliance product types during the current days. Customers are more drawn to home delivery, lower costs, and better deals, hence online shopping is predicted to increase substantially. Consumer buying patterns are varying and growing, comprising of an increase in the number of customers buying housewares online, which creates both opportunities and concerns for the major appliance category's future prospects, as well as for individual shops and industry participants.
China is a leading consumer electronics manufacturer and gradually entering into manufacturing of electric cookers and ovens for the population. Countries such as Japan and China have tremendous technological advancements integrated into everyday products or appliances. Additionally, the manufacturing sectors of countries such as South Korea and Japan are large, and the high existence of many important market participants throughout this area would drive regional market growth during the forecast period. A huge spike has been recorded in the demand for convenience foods in this region, which necessitates the use of baking equipment such as an oven.
Additionally, the rising demand for bakery items will encourage many restaurant owners to invest in ovens. The need for high-tech unified home appliances is growing in emerging countries like India in order to make tasks easier and faster. Countries in the Asia Pacific have rich and age-old cultures associated with the food and its cooking method, and with a wide range of tastes and recipes the demand and usage of the cookers and ovens in the countries would increase and this trend is never going to decline as cooking and food culture are among the richest culture the world cherish.
The China market dominated the Asia Pacific Cookers & Ovens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $22,728.9 million by 2028. The Japan market is poised to grow at a CAGR of 5.5% during (2022 - 2028). Additionally, The India market would display a CAGR of 6.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Cooktops & Cooking Ranges, Ovens, and Cookers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cookers & Ovens Market is Projected to reach USD 220.1 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation), Samsung Electronics Co., Ltd. (Samsung Group), LG Electronics, Inc. (LG Corporation), Robert Bosch GmbH, Groupe SEB, Wilh. Werhahn KG (ZWILLING J.A. Henckels AG), Koninklijke Philips N.V., Fissler GmbH, and Electrolux AB.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Type
- Cooktops & Cooking Ranges
- Ovens
- Cookers
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Samsung Electronics Co., Ltd. (Samsung Group)
- LG Electronics, Inc. (LG Corporation)
- Robert Bosch GmbH
- Groupe SEB
- Wilh.Werhahn KG (ZWILLING J.A. Henckels AG)
- Koninklijke Philips N.V.
- Fissler GmbH
- Electrolux AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cookers & Ovens Market, by Distribution Channel
1.4.2 Asia Pacific Cookers & Ovens Market, by Type
1.4.3 Asia Pacific Cookers & Ovens Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Cookers & Ovens Market
Chapter 4. Asia Pacific Cookers & Ovens Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Cookers & Ovens Market by Type
5.1 Asia Pacific Cooktops & Cooking Ranges Market by Country
5.2 Asia Pacific Ovens Market by Country
5.3 Asia Pacific Cookers Market by Country
Chapter 6. Asia Pacific Cookers & Ovens Market by Country
6.1 China Cookers & Ovens Market
6.1.1 China Cookers & Ovens Market by Distribution Channel
6.1.2 China Cookers & Ovens Market by Type
6.2 Japan Cookers & Ovens Market
6.2.1 Japan Cookers & Ovens Market by Distribution Channel
6.2.2 Japan Cookers & Ovens Market by Type
6.3 India Cookers & Ovens Market
6.3.1 India Cookers & Ovens Market by Distribution Channel
6.3.2 India Cookers & Ovens Market by Type
6.4 South Korea Cookers & Ovens Market
6.4.1 South Korea Cookers & Ovens Market by Distribution Channel
6.4.2 South Korea Cookers & Ovens Market by Type
6.5 Singapore Cookers & Ovens Market
6.5.1 Singapore Cookers & Ovens Market by Distribution Channel
6.5.2 Singapore Cookers & Ovens Market by Type
6.6 Malaysia Cookers & Ovens Market
6.6.1 Malaysia Cookers & Ovens Market by Distribution Channel
6.6.2 Malaysia Cookers & Ovens Market by Type
6.7 Rest of Asia Pacific Cookers & Ovens Market
6.7.1 Rest of Asia Pacific Cookers & Ovens Market by Distribution Channel
6.7.2 Rest of Asia Pacific Cookers & Ovens Market by Type
Chapter 7. Company Profiles
7.1 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.1 Segmental and Regional Analysis
7.1.2 Research & Development Expense
7.2 Samsung Electronics Co., Ltd. (Samsung Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 LG Electronics, Inc. (LG Corporation)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Robert Bosch GmbH
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Groupe SEB
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Geographical Expansions:
7.6 Wilh. Werhahn KG (ZWILLING J.A. Henckels AG)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Koninklijke Philips N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Fissler GmbH
7.8.1 Company Overview
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Cooktops & Cooking Ranges Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Cooktops & Cooking Ranges Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Ovens Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Ovens Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Cookers Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Cookers Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Cookers & Ovens Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Cookers & Ovens Market by Country, 2022 - 2028, USD Million
TABLE 19 China Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 20 China Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 21 China Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 China Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 China Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 24 China Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 25 Japan Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 26 Japan Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 27 Japan Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Japan Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Japan Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 30 Japan Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 31 India Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 32 India Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 33 India Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 India Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 India Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 36 India Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 37 South Korea Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 38 South Korea Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 39 South Korea Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 South Korea Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 South Korea Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 42 South Korea Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 43 Singapore Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 44 Singapore Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 45 Singapore Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Singapore Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 Singapore Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 48 Singapore Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 49 Malaysia Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 50 Malaysia Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 51 Malaysia Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Malaysia Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Malaysia Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 54 Malaysia Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Rest of Asia Pacific Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of Asia Pacific Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 61 key information – Haier Smart Home Co., Ltd.
TABLE 62 Key Information – Samsung Electronics Co., Ltd.
TABLE 63 Key information – LG Electronics, Inc.
TABLE 64 key information – Robert Bosch GmbH
TABLE 65 Key Information – Groupe SEB
TABLE 66 key information – Wilh. Werhahn KG
TABLE 67 Key Information – Koninklijke Philips N.V.
TABLE 68 key information – Fissler GmbH
TABLE 69 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.