The North America Cookers & Ovens Market would witness market growth of 5.0% CAGR during the forecast period (2022-2028).
The evolving time has witnessed an increasing need for freestanding cookers with accurate temperature control and pre-set ovens with automated power settings, which creates a market potential. Key companies in the market are currently emphasizing on the introduction of stainless-steel cavity-based ovens and inverter microwave ovens. Apart from that, some players are implementing tandoor technology into their ovens, while others are focusing on offering built-in cookers.
The cookers have many varieties depending upon the medium of cooking, and one of those types is solar cooker which is operated with the help of sun rays. The cooker come in a variety of shapes and sizes, depending on the amount of sun exposure and the sort of food to be cooked. Some cookers include solar parabolic cookers, panel cookers, and box cookers. This is due to its simple and safe operation with no need for regulation, along with that, the box cooker is the most frequently known and used cooker. The panel cooker is made up of a vessel that is placed in the center of the reflecting panel to focus the sun's rays on it. In comparison to a box cooker, the panel is extremely efficient. A parabolic cooker is used to achieve high temperatures for frying and grilling food.
People of the region show high preference for baked products and demand for food items from same category. The region is witnessing the rising number of houses and apartments. In the short term, growing house renovation activities in the country may fuel demand for large kitchen appliances. The home improvement industry in the United States is better than it has been in over ten years, and it includes the sale of building materials, décor, appliances, and other home advancements, as well as the services provided by contractors, tradespeople, and other workers who assist in the construction, installation, modification, and upgrade of homes. Home-ownership accounts for a considerable chunk of the American economy.
With a statewide housing shortage and record-high home prices, more homeowners in the United States choose to stay in their homes rather than relocate or upgrade to new ones. Consumers are most probable to upgrade large household equipment such as freezers, refrigerators, washing machines, and other appliances throughout these renovation operations. Along with that, people in the North American region are very fond of baked and cheese-based foods, and thus people whether normal consumers or owners of restaurants, cafes, and hotels are actively purchasing the appropriate amount of ovens and in the case of some restaurants, cookers too.
The US market dominated the North America Cookers & Ovens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43,519.5 million by 2028. The Canada market is estimated to grow at a CAGR of 7.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Cookers & Ovens Market is Estimated to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Cookers & Ovens Market, by Distribution Channel
1.4.2 North America Cookers & Ovens Market, by Type
1.4.3 North America 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. North America Cookers & Ovens Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Cookers & Ovens Market by Type
5.1 North America Cooktops & Cooking Ranges Market by Country
5.2 North America Ovens Market by Country
5.3 North America Cookers Market by Country
Chapter 6. North America Cookers & Ovens Market by Country
6.1 US Cookers & Ovens Market
6.1.1 US Cookers & Ovens Market by Distribution Channel
6.1.2 US Cookers & Ovens Market by Type
6.2 Canada Cookers & Ovens Market
6.2.1 Canada Cookers & Ovens Market by Distribution Channel
6.2.2 Canada Cookers & Ovens Market by Type
6.3 Mexico Cookers & Ovens Market
6.3.1 Mexico Cookers & Ovens Market by Distribution Channel
6.3.2 Mexico Cookers & Ovens Market by Type
6.4 Rest of North America Cookers & Ovens Market
6.4.1 Rest of North America Cookers & Ovens Market by Distribution Channel
6.4.2 Rest of North America 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 North America Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 2 North America Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 3 North America Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 10 North America Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 11 North America Cooktops & Cooking Ranges Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cooktops & Cooking Ranges Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Ovens Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Ovens Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Cookers Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Cookers Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Cookers & Ovens Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Cookers & Ovens Market by Country, 2022 - 2028, USD Million
TABLE 19 US Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 20 US Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 21 US Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 US Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 US Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 24 US Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 25 Canada Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 26 Canada Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 27 Canada Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Canada Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Canada Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 30 Canada Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 31 Mexico Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 32 Mexico Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 33 Mexico Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 Mexico Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 Mexico Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 36 Mexico Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 37 Rest of North America Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Rest of North America Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Rest of North America Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 42 Rest of North America Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 43 key information – Haier Smart Home Co., Ltd.
TABLE 44 Key Information – Samsung Electronics Co., Ltd.
TABLE 45 Key information – LG Electronics, Inc.
TABLE 46 key information – Robert Bosch GmbH
TABLE 47 Key Information – Groupe SEB
TABLE 48 key information – Wilh. Werhahn KG
TABLE 49 Key Information – Koninklijke Philips N.V.
TABLE 50 key information – Fissler GmbH
TABLE 51 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.