Europe Household Cooking Appliance Market Size, Share & Industry Trends Analysis Report By Product, By Cooktops & Cooking Ranges Type, By Ovens Type, By Structure, By Distribution Channel, By Country and Growth Forecast, 2021 - 2027
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Market Report Description
The Europe Household Cooking Appliance Market would witness market growth of 6.2% CAGR during the forecast period (2021-2027).
Juicing is one of the most effective strategies to stay healthy and fit. Fruit and vegetable juices will keep people energetic and fit by strengthening their immune system. As a result, consumers should purchase a juicer to get assistance in creating nutritious and delicious smoothies and juices. Citrus juicers, Triturating juicers, and cold press juicers are among the several types of these appliances available on the market. For juicing, they have razor-sharp blades that slice through fruits and vegetables.
Picking between electric, gas, and induction cooktops are frequently influenced by what's currently on hand. An electric model is simple to the plugin if a person’s home has the proper electrical hook up. Furthermore, if a person wants to build a new home without natural gas, they have to rely on electricity.
Europe appeared as one of the leading region in the household cooking appliance market due the rising population and increasing number of households across various nations of the region. Due to the massive presence of major firms like The Samsung Group, Electrolux AB, BSH Hausgeräte GmbH, LG Electronics Inc., and others in the western European region, Europe is expected to have considerable growth in the next years. The growing tendency of replacing conventional appliances among the populace in Eastern Europe is propelling the market forward. Furthermore, high dishwasher consumption in nations like the United Kingdom, Italy, and France leads to higher dishwasher income in the region. Growth of tourism in the European countries, lead to significant demand for modern and improved technology for culinary appliances by hotels, restaurants as to give speedy delivery of orders.
The Germany market dominated the Europe Household Cooking Appliance Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $23,035.6 million by 2027. The UK market is estimated to grow at a CAGR of 5.3% during (2021 - 2027). Additionally, The France market would expect a CAGR of 7% during (2021 - 2027).
Based on Product, the market is segmented into Cooktops & Cooking Ranges, Ovens, and Specialized Appliances. Based on Cooktops & Cooking Ranges Type, the market is segmented into Gas-based, Electrical-based, and Induction-based. Based on Ovens Type, the market is segmented into Conventional & Convection, Microwave, and Combination. Based on Structure, the market is segmented into Freestanding and Built-in. Based on Distribution Channel, the market is segmented into Brick & Mortar and E-commerce. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Whirlpool Corporation, Samsung Electronics Co., Ltd. (Samsung Group), LG Electronics, Inc. (LG Corporation), Panasonic Corporation, Robert Bosch GmbH, Haier Smart Home Co., Ltd. (Haier Group Corporation), SMEG S.p.A, Electrolux AB, and WINIA Electronics Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Cooktops & Cooking Ranges
- Conventional & Convection
- Specialized Appliances
By Distribution Channel
- Brick & Mortar
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Koninklijke Philips N.V.
- Whirlpool Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- LG Electronics, Inc. (LG Corporation)
- Panasonic Corporation
- Robert Bosch GmbH
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- SMEG S.p.A
- Electrolux AB
- WINIA Electronics Co., Ltd.
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