The North America Household Cooking Appliance Market would witness market growth of 6.0% CAGR during the forecast period (2021-2027).
In most kitchens, appliances that use a lot of energy, like electricity and gas, are plentiful. It's critical to understand that energy-efficient kitchen appliances may save consumers’ time and money. Modern appliances include more features, are easier to use, and last longer than earlier models. Most crucially, they consume significantly less energy than typical appliances.
Design and aesthetics are important in today's kitchen appliances. Customers today expect kitchen equipment that is not only modern and efficient but also attractive. In addition, consumers are very mindful of design and style, and they are willing to pay a little extra for it. Companies use very imaginative and skilled designers to explore new ways to make these appliances that give numerous purposes and take up less space, knowing customers' necessity multi-functional and well-designed kitchen equipment.
The right fit of cooking equipment helps to speed up the preparation of meals. When people choose a restaurant, one of the most important factors they consider is how fast their orders are processed. They were hungry when they arrived, and they wanted their food as early as possible. Restaurants could only do so if they had the necessary cooking equipment to deliver the dish that the customer had ordered. Home cooking or Traditional equipment would not be able to handle huge orders, which is why restaurant-style cooking equipment is the best option for food establishments.
North America came out as the prime region in the household cooking appliance market. There are many American towns which are witnessing a rise in the use of high-speed ovens. The United States is more economically secure and has greater purchasing power as a result of higher disposable income, which is why it dominates the high-speed oven market in North. The rise of the regional household cooking appliance market is being fueled by continued urbanization, a developed foodservice industry, and the availability of a variety of suppliers. In addition, the usage of high-speed ovens for domestic purposes is steadily rising in North American cities like Canada and Mexico. Furthermore, the region’s baking industry accounts for a large portion of the market, making it one of the most important end consumers of high-speed ovens.
The US market dominated the North America Household Cooking Appliance Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $73,942 million by 2027. The Canada market is poised to grow at a CAGR of 8.4% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 7.4% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Household Cooking Appliance Market is Estimated to reach $399.3 Billion by 2027, at a CAGR of 6.7%
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:
By Product
- Cooktops & Cooking Ranges
- Gas-based
- Electrical-based
- Induction-based
- Ovens
- Conventional & Convection
- Microwave
- Combination
- Specialized Appliances
By Structure
By Distribution Channel
By Country
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Household Cooking Appliance Market, by Product
1.4.2 North America Household Cooking Appliance Market, by Structure
1.4.3 North America Household Cooking Appliance Market, by Distribution Channel
1.4.4 North America Household Cooking Appliance 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. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Mar – 2022, Jan) Leading Players
Chapter 4. North America Household Cooking Appliance Market by Product
4.1 North America Cooktops & Cooking Ranges Market by Country
4.2 North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type
4.2.1 North America Gas-based Market by Country
4.2.2 North America Electrical-based Market by Country
4.2.3 North America Induction-based Market by Country
4.3 North America Ovens Market by Country
4.4 North America Household Cooking Appliance Market by Ovens Type
4.4.1 North America Conventional & Convection Market by Country
4.4.2 North America Microwave Market by Country
4.4.3 North America Combination Market by Country
4.5 North America Specialized Appliances Market by Country
Chapter 5. North America Household Cooking Appliance Market by Structure
5.1 North America Freestanding Market by Country
5.2 North America Built-in Market by Country
Chapter 6. North America Household Cooking Appliance Market by Distribution Channel
6.1 North America Brick & Mortar Market by Country
6.2 North America E-commerce Market by Country
Chapter 7. North America Household Cooking Appliance Market by Country
7.1 US Household Cooking Appliance Market
7.1.1 US Household Cooking Appliance Market by Product
7.1.1.1 US Household Cooking Appliance Market by Cooktops & Cooking Ranges Type
7.1.1.2 US Household Cooking Appliance Market by Ovens Type
7.1.2 US Household Cooking Appliance Market by Structure
7.1.3 US Household Cooking Appliance Market by Distribution Channel
7.2 Canada Household Cooking Appliance Market
7.2.1 Canada Household Cooking Appliance Market by Product
7.2.1.1 Canada Household Cooking Appliance Market by Cooktops & Cooking Ranges Type
7.2.1.2 Canada Household Cooking Appliance Market by Ovens Type
7.2.2 Canada Household Cooking Appliance Market by Structure
7.2.3 Canada Household Cooking Appliance Market by Distribution Channel
7.3 Mexico Household Cooking Appliance Market
7.3.1 Mexico Household Cooking Appliance Market by Product
7.3.1.1 Mexico Household Cooking Appliance Market by Cooktops & Cooking Ranges Type
7.3.1.2 Mexico Household Cooking Appliance Market by Ovens Type
7.3.2 Mexico Household Cooking Appliance Market by Structure
7.3.3 Mexico Household Cooking Appliance Market by Distribution Channel
7.4 Rest of North America Household Cooking Appliance Market
7.4.1 Rest of North America Household Cooking Appliance Market by Product
7.4.1.1 Rest of North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type
7.4.1.2 Rest of North America Household Cooking Appliance Market by Ovens Type
7.4.2 Rest of North America Household Cooking Appliance Market by Structure
7.4.3 Rest of North America Household Cooking Appliance Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Koninklijke Philips N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Geographical Expansions:
8.2 Whirlpool Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Product Launches and Product Expansions:
8.3 Samsung Electronics Co., Ltd. (Samsung Group)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 LG Electronics, Inc. (LG Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Panasonic Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Robert Bosch GmbH
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Haier Smart Home Co., Ltd. (Haier Group Corporation)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 SMEG S.p.A.
8.8.1 Company overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.8.2.2 Acquisition and Mergers:
8.9 Electrolux AB
8.9.1 Company Overview
8.9.2 Recent strategies and developments
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Acquisition and Mergers:
8.9.2.3 Product Launches and Product Expansions:
8.10. WINIA Electronics Co., Ltd.
8.10.1 Company Overview
TABLE 1 North America Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 2 North America Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Household Cooking Appliance Market
TABLE 4 Product Launches And Product Expansions– Household Cooking Appliance Market
TABLE 5 Acquisition and Mergers– Household Cooking Appliance Market
TABLE 6 North America Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 7 North America Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 8 North America Cooktops & Cooking Ranges Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Cooktops & Cooking Ranges Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 11 North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 12 North America Gas-based Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Gas-based Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Electrical-based Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Electrical-based Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Induction-based Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Induction-based Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Ovens Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Ovens Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 21 North America Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 22 North America Conventional & Convection Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Conventional & Convection Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Microwave Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Microwave Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Combination Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Combination Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Specialized Appliances Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Specialized Appliances Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 31 North America Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 32 North America Freestanding Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Freestanding Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Built-in Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Built-in Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 37 North America Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 38 North America Brick & Mortar Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Brick & Mortar Market by Country, 2021 - 2027, USD Million
TABLE 40 North America E-commerce Market by Country, 2017 - 2020, USD Million
TABLE 41 North America E-commerce Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Household Cooking Appliance Market by Country, 2017 - 2020, USD Million
TABLE 43 North America Household Cooking Appliance Market by Country, 2021 - 2027, USD Million
TABLE 44 US Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 45 US Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 46 US Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 47 US Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 48 US Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 49 US Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 50 US Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 51 US Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 52 US Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 53 US Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 54 US Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 55 US Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 56 Canada Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 57 Canada Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 58 Canada Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 59 Canada Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 60 Canada Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 61 Canada Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 62 Canada Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 63 Canada Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 64 Canada Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 65 Canada Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 66 Canada Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 67 Canada Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 68 Mexico Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 69 Mexico Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 70 Mexico Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 71 Mexico Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 72 Mexico Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 73 Mexico Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 74 Mexico Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 75 Mexico Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 76 Mexico Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 77 Mexico Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 78 Mexico Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 79 Mexico Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 80 Rest of North America Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 81 Rest of North America Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 82 Rest of North America Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 83 Rest of North America Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 84 Rest of North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 85 Rest of North America Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 86 Rest of North America Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 87 Rest of North America Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 88 Rest of North America Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 89 Rest of North America Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 90 Rest of North America Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 91 Rest of North America Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 92 Key Information – Koninklijke Philips N.V.
TABLE 93 Key information – Whirlpool Corporation
TABLE 94 Key Information –Samsung Electronics Co., Ltd.
TABLE 95 Key information – LG Electronics, Inc.
TABLE 96 Key Information – Panasonic Corporation
TABLE 97 key information – Robert Bosch GmbH
TABLE 98 key information –Haier Smart Home Co., Ltd.
TABLE 99 Key Information – SMEG S.p.A.
TABLE 100 Key Information – Electrolux AB
TABLE 101 Key Information – WINIA Electronics Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar – 2022, Jan) Leading Players
FIG 5 Recent Strategies and Developments: Koninklijke Philips N.V.
FIG 6 Recent Strategies and Developments: Whirlpool Corporation
FIG 8 Recent Strategies and Developments: LG Electronics, Inc.
FIG 9 Recent Strategies and Developments: Panasonic Corporation
FIG 10 SWOT Analysis: Panasonic Corporation
FIG 11 Swot analysis: Robert bosch gmbh
FIG 12 Recent Strategies and Developments: SMEG S.p.A.
FIG 13 Recent Strategies and Developments: Electrolux AB