LAMEA Kitchen Appliances Market
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Better lifestyle in the urban population has given rise to the demand for modular kitchen, and as a result, paving way to the development of advanced and innovative kitchen appliances. Rapidly increasing food establishments have significantly contributed to the demand for commercial kitchen appliances. Refrigerator segment dominates global kitchen appliances market, followed by cooking appliances market. The LAMEA Kitchen Appliances Market attained a market size of $30.4 Billion in 2015 and it is expected to grow at a CAGR of 8.4% during 2016 -2022. The Brazil market dominated the LAMEA Kitchen Appliances Market in 2015, and would grow at a CAGR of 7.8% during the forecast period. However, Argentina market is expected to grow at CAGR of 9.2% during 2016-2022. The Refrigerator market contributed the largest revenue share to the LAMEA Kitchen Appliances Market in 2015, and is expected to would grow at a CAGR of 8.9% during the forecast period. The Cooking Appliances market is expected attain a market size of $18.1 billion by 2022.
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The report highlights the adoption of Kitchen Appliances in LAMEA. Based on the Product Type, the LAMEA Kitchen Appliances Market is segmented into Refrigerator, Cooking Appliances, Dishwasher and Others segment. Based on the User Application, the market is bifurcated into Commercial and Household segment. According to the Fuel type, the market is segmented into Electric, Cooking Gas and Other segments. Based on the Product Structure, the market is segmented into Built-in and Free Stand segment. The countries included in the report are Brazil, Argentina, UE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
Key companies profiled in the report includes Whirlpool Corporation, AB Electrolux, Haier Group Corporation, Koninklijke Philips N.V., Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics, Morphy Richards and Dacor.