Kitchen Appliances Market Analysis By Product (Refrigerator, Cooking Appliances, Dishwasher), By Application (Commercial, Residential) And Segment Forecasts To 2022

Published: Dec, 2015 | Pages: 93 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global kitchen appliances market is estimated to worth USD 246.3 billion by 2022, according to a new study by Grand View Research, Inc. Research and development or innovation by industry participant is anticipated to boost industry growth over the forecast period.

Energy efficiency, cost, technology advancement, quality of the products affect the consumers' buying decision. Emergence of ecommerce industry and investment in distribution channels has not only boosted industry participants' revenue but also has expanded their reach. Growing demand for product up-gradation is anticipated to drive industry growth over the next seven years.

Governments worldwide are focusing on curbing energy consumption through new regulation and consumer awareness campaign, which is anticipated to drive demand for energy efficient technology products.

Changing consumer lifestyle and increasing income level is expected to boost industry growth over the forecast period. Increasing demand for ready-to-eat food may pose a challenge to growth over the next seven years.

Further key findings from the study suggest:

Kitchen appliances include dishwasher, cooking appliances, refrigerator, and other minor product. Some cooking products include griller, oven, barbecue, heater, fryer, cooker, etc. Increase in surplus money and growing dual earning family is expected to drive the demand for higher end or luxury product. Dishwashers are estimated to witness substantial growth owing to increasing home maid wage and decreasing time for household chores. The cooking appliances market is estimated to grow at CAGR of more than 4% over the forecast period.
Commercial refrigerators are commonly used at convenience stores, grocery stores, restaurants, cafeterias, supermarkets, and other food stores. Increasing in number of fast-food restaurants is expected to favor commercial segment growth over the forecast period. Residential segment was valued at more than USD 100 billion in 2014 and is expected to be the key application sector over the next seven years.
North America kitchen appliances market is anticipated to dominate global revenue generation in the coming years. Asia Pacific kitchen appliances market is anticipated to witness significant growth owing to increase income level and rising middle class population in the region. Indian government "Make in India" initiative will not will boost manufacturing but also enable industry players to offer products at low cost to Indian customers.
Europe kitchen appliances market is expected to be propelled by increasing demand for energy efficient products. Government in European countries and the European Union are trying to curb energy consumption through new regulation and consumer awareness program.
Companies operating in the industry include Dacor Inc, AB Electrolux, LG Electronics, Haier Group Corporation, Panasonic Corporation, and Philips Electronics. Other prominent vendors include Morphy Richards Limited, Samsung Electronics, Robert Bosch GmbH, and Whirlpool Corporation. In February 2014, Philips announced the availability of Philips Airfryer, an innovative kitchen appliance in nearly over 100 countries around the world. In August 2015, Electrolux Professional announced that it had enhanced its delivery offering to allow dealers and designers access to new commercial kitchen equipment just 24 hours after ordering. In October 2014, Electrolux announced the acquisition of Beefeater Barbecues, an Australian barbecue manufacturer, to increase market growth of niche barbecues in the region.

Table of Content

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Kitchen appliances - Industry snapshot and key buying criteria, 2012 - 2022
Chapter 3. Kitchen Appliances Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Kitchen appliances value chain analysis
3.4. Kitchen appliances market dynamics
3.4.1. Market driver analysis
3.4.1.1. Changing lifestyle
3.4.1.2. Growing popularity of induction technology
3.4.1.3. Advancements in technology
3.4.2. Market restraint analysis
3.4.2.1. Growing number of single working professionals/students
3.4.2.2. High cost of contemporary devices
3.5. Key opportunities prioritized
3.6. Industry analysis - Porter's
3.7. Key competitors analysis, 2014
3.8. Kitchen appliances market PESTEL analysis, 2014
Chapter 4. Kitchen Appliances Product Outlook
4.1. Kitchen appliances market share by product, 2014 & 2022
4.2. Refrigerator
4.2.1. Global market estimates and forecasts, 2012 - 2022
4.3. Cooking appliances
4.3.1. Global market estimates and forecasts, 2012 - 2022
4.4. Dishwasher
4.4.1. Global market estimates and forecasts, 2012 - 2022
4.5. Others
4.5.1. Global market estimates and forecasts, 2012 - 2022
Chapter 5. Kitchen Appliances Application Outlook
5.1. Kitchen appliances market share by application, 2014 & 2022
5.2. Commercial
5.2.1. Global market estimates and forecasts, 2012 - 2022
5.3. Residential
5.3.1. Global market estimates and forecasts, 2012 - 2022
Chapter 6. Kitchen Appliances Regional Outlook
6.1. Kitchen appliances market share by region, 2014 & 2022
6.2. North America
6.2.1. Kitchen appliances market by product, 2012 - 2022
6.2.2. Kitchen appliances market by application, 2012 - 2022
6.3. Europe
6.3.1. Kitchen appliances market by product, 2012 - 2022
6.3.2. Kitchen appliances market by application, 2012 - 2022
6.4. Asia Pacific
6.4.1. Kitchen appliances market by product, 2012 - 2022
6.4.2. Kitchen appliances market by application, 2012 - 2022
6.5. Rest of World (RoW)
6.5.1. Kitchen appliances market by product, 2012 - 2022
6.5.2. Kitchen appliances market by application, 2012 - 2022
Chapter 7. Competitive Landscape
7.1. AB Electrolux
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Dacor Inc
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Haier Group Corporation
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. LG Electronics
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Morphy Richards Limited
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Panasonic Corporation
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7 Philips Electronics
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Robert Bosch GmbH
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Samsung Electronics
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Whirlpool Corporation
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives

List of Tables

1. Kitchen appliances - Industry snapshot and key buying criteria, 2012 - 2022
2. Global kitchen appliances market, 2012 - 2022 (USD Billion)
3. Global kitchen appliances market by region, 2012 - 2022 (USD Billion)
4. Global market demand by product, 2012 - 2022 (USD Billion)
5. Global market demand by application, 2012 - 2022 (USD Billion)
6. Kitchen appliances - Key market driver impact
7. Kitchen appliances - Key market restraint impact
8. Global refrigerator market, 2012 - 2022 (USD Billion)
9. Global refrigerator market by region, 2012 - 2022 (USD Billion)
10. Global cooking appliances market, 2012 - 2022 (USD Billion)
11. Global cooking appliances market by region, 2012 - 2022 (USD Billion)
12. Global dishwasher market, 2012 - 2022 (USD Billion)
13. Global dishwasher market by region, 2012 - 2022 (USD Billion)
14. Global other appliances market, 2012 - 2022 (USD Billion)
15. Global other appliances market by region, 2012 - 2022 (USD Billion)
16. Global commercial kitchen appliances demand, 2012 - 2022 (USD Billion)
17. Global commercial kitchen appliances demand by region, 2012 - 2022 (USD Billion)
18. Global residential kitchen appliances demand, 2012 - 2022 (USD Billion)
19. Global residential kitchen appliances demand by region, 2012 - 2022 (USD Billion)
20. North America market by product, 2012 - 2022 (USD Billion)
21. North America market by application, 2012 - 2022 (USD Billion)
22. Europe market by product, 2012 - 2022 (USD Billion)
23. Europe market by application, 2012 - 2022 (USD Billion)
24. Asia Pacific market by product, 2012 - 2022 (USD Billion)
25. Asia Pacific market by application, 2012 - 2022 (USD Billion)
26. RoW market by product, 2012 - 2022 (USD Billion)
27. RoW market by application, 2012 - 2022 (USD Billion)