Large Cooking Appliance Market Size, Share & Trends Analysis Report By Product (Cooktops, Ovens, Specialized Appliances), By Application (Household, Commercial), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 110 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global large cooking appliance market size is expected to reach USD 39.91 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.5% during the forecast period. Growing standards of living and popularity of modular kitchens is anticipated to fuel the growth. Advancements in efficient and specialized equipment are anticipated to further drive the product demand.

Constantly changing household and commercial routines, access to economic electricity, and rising awareness regarding eco-friendly appliances are anticipated to drive the product demand. Expansion of e-commerce distribution channels along with the emergence of Internet of Things (IoT) and other advanced technologies are expected to augment the market growth over the forecast period.

Increasing number of meals consumed away from home due to the rise in working population is projected to further stimulate market growth, particularly in the commercial segment. In this category, developing countries like India and China are expected to offer abundant growth opportunities. For instance, Hitachi and Vulcan direct their premium offerings to leverage construction channels for product sales in India through paid partnerships with builders and developers.

The rise in disposable income has spurred the development of large cooking appliances within various business units including modular households across developed and developing economies like India and China. New advancements such as built-in hobs, modular ovens, and charbroilers have increased the demand for specialized appliances. The segment is anticipated to expand at a CAGR of 6.7 % over the forecast period, due to product efficiency. In addition, rising workforce in urban cities is expected to fuel demand for high-end products. For instance, Hitachi and Haier have emerged as the leading brands in cooktops and cooking range segment especially due to increased demand for modular kitchens in countries from Asia Pacific such as India and Singapore.

The market for cooking appliances is the parent market for all the cooking appliance segments. The large cooking appliances contribute, among other things, an essential 40% of the overall market. With profits rising and the facility to do business in the hospitality sector, demand for commercial equipment has been rising for quite some time. This factor is anticipated to fuel growth of industrial application at a CAGR of 6.6% over the forecast period. For instance, Hitachi provides hospitals and hotels with energy-efficient commercial cooking equipment, ranging from cooktops to broilers, as rising technological advancements in smart equipment are a driving consumer preference for cooking food. Commercial segment is anticipated to emerge as the fastest and the largest growing segment for the large cooking appliances market.

Samsung Electronics Co. Ltd, Morphy Richards, LG Electronics Inc., Whirlpool Corporation, Hitachi Appliances Inc., Koninklijke Philips N.V, AB Electrolux, Haier Group Corporation, GE Appliances, and Robert Bosch GmbH are some of the key market players.

Further key findings from the report suggest:

• In terms of regional revenue, North America is projected to have a value of USD 12.64 billion by 2025

• Specialized appliances constitute about 28.23% of the total market share in 2018, and are projected to exhibit a significant increase in the next few years

• Asia Pacific is anticipated to lead the global large cooking appliances market with a CAGR of 7.3% during the forecast period

• Rise in disposable income and working women population, especially in countries like China and India is anticipated to positively influence market growth

• The market is highly competitive in nature with the main players including Samsung Electronics Co. Ltd; Morphy Richards; LG Electronics Inc.; Whirlpool Corporation; Hitachi Appliances Inc.; Koninklijke Philips N.V.; AB Electrolux; Haier Group Corporation; GE Appliances; and Robert Bosch GmbH

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                       1.3.1. Purchased Database
                       1.3.2. GVR's Internal Database
                       1.3.3. Secondary Sources & Third-Party Perspectives
                       1.3.4. Primary Research
                  1.4. Information Analysis 
                       1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Large Cooking Appliances Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                       3.3.1. Sales/Retail Channel Analysis
                       3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                       3.4.1. Market Driver Analysis
                       3.4.2. Market Restraint Analysis
                       3.4.3. Industry Challenges
                       3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                       3.5.1. Industry Analysis - Porter's
                           3.5.1.1. Supplier Power
                           3.5.1.2. Buyer Power
                           3.5.1.3. Substitution Threat
                           3.5.1.4. Threat from New Entrant 
                           3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Large Cooking Appliances Market
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Investment Outlook
                  5.1. Penetration & Growth Assessment
                  5.2. Challenges: Adoption, Manufacturing, Technology
                  5.3. Key Competition Analysis: Market Leaders & Emerging Players 
                  5.4. Observations & Recommendations
Chapter 6. Large Cooking Appliances Market: Product Estimates & Trend Analysis
                  6.1. Product Movement Analysis & Market Share, 2018 & 2025
                  6.2. Cooktops
                       6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. Ovens
                       6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.4. Specialized Appliances
                       6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Large Cooking Appliances Market: Application Estimates & Trend Analysis
                  7.1. Application Movement Analysis & Market Share, 2018 & 2025
                  7.2. Household
                       7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  7.3. Commercial
                       7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 8. Large Cooking Appliances Market: Regional Estimates & Trend Analysis
                  8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  8.2. North America
                       8.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                       8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                       8.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                       8.2.4. U.S.
                           8.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                           8.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                           8.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.3. Europe
                       8.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                       8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                       8.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                       8.3.4. U.K.
                           8.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                           8.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                           8.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                       8.3.5. Germany
                           8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                           8.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                           8.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.4. APAC
                       8.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                       8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                       8.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                       8.4.4. India
                           8.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                           8.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                           8.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                       8.4.5. China
                           8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                           8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                           8.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.5. CSA
                       8.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                       8.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                       8.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                  8.6. MEA
                       8.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                       8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                       8.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
Chapter 9. Competitive Analysis
                  9.1. Key global players, recent developments & their impact on the industry
                  9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  9.3. Vendor Landscape
                       9.3.1. List of key distributors and channel partners
                       9.3.2. Key company market share analysis, 2018
                  9.4. Public Companies
                       9.4.1. Company market position analysis 
                       9.4.2. Synergy Analysis: Major Deals & Strategic Alliances
                       9.4.3. SWOT 
                  9.5. Private Companies 
                       9.5.1. List of key emerging companies/technology disruptors/innovators 
                       9.5.2. Geographical Presence 
                       9.5.3. Company market position analysis 
Chapter 10. Company Profiles
                  10.1 Samsung Electronics Co. Ltd.
                       10.1.1 Company Overview
                       10.1.2 Financial Performance
                       10.1.3 Product Benchmarking
                       10.1.4 Strategic Initiatives
                  10.2 LG Electronics Inc.
                       10.2.1 Company Overview
                       10.2.2 Financial Performance
                       10.2.3 Product Benchmarking
                       10.2.4 Strategic Initiatives
                  10.3 Morphy Richards
                       10.3.1 Company Overview
                       10.3.2 Financial Performance
                       10.3.3 Product Benchmarking
                       10.3.4 Strategic Initiatives
                  10.4 Whirpool Corporation
                       10.4.1 Company Overview
                       10.4.2 Financial Performance
                       10.4.3 Product Benchmarking
                       10.4.4 Strategic Initiatives
                  10.5 Hitachi Appliances Inc.
                       10.5.1 Company Overview
                       10.5.2 Financial Performance
                       10.5.3 Product Benchmarking
                       10.5.4 Strategic Initiatives
                  10.6 AB Electrolux
                       10.6.1 Company Overview
                       10.6.2 Financial Performance
                       10.6.3 Product Benchmarking
                       10.6.4 Strategic Initiatives
                  10.7 Haeir Group Corporation
                       10.7.1 Company Overview
                       10.7.2 Financial Performance
                       10.7.3 Product Benchmarking
                       10.7.4 Strategic Initiatives
                  10.8 Robert Bosch GmbH
                       10.8.1 Company Overview
                       10.8.2 Financial Performance
                       10.8.3 Product Benchmarking
                       10.8.4 Strategic Initiatives
                  10.9 Koninklijke Philips N.V
                       10.9.1 Company Overview
                       10.9.2 Financial Performance
                       10.9.3 Product Benchmarking
                       10.9.4 Strategic Initiatives
                  10.10 Hitachi Appliances Inc.
                       10.10.1 Company Overview
                       10.10.2 Financial Performance
                       10.10.3 Product Benchmarking
                       10.10.4 Strategic Initiatives

List of Tables

1. Large Cooking Appliances - Key market driver analysis
2. Large Cooking Appliances - Key market restraint analysis
3. Global large cooking appliances market estimates and forecast, for cooktops, 2015 - 2025 (USD Billion)
4. Global large cooking appliances market estimates and forecast, for ovens, 2015 - 2025 (USD Billion)
5. Global large cooking appliances market estimates and forecast, for specialized appliances, 2015 - 2025 (USD Billion)
6. Global large cooking appliances market estimates and forecast, by household, 2015 - 2025 (USD Billion)
7. Global large cooking appliances market estimates and forecast, by commercial, 2015 - 2025 (USD Billion)
8. North America Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
9. North America Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
10. North America Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
11. U.S. Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
12. U.S. Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
13. U.S. Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
14. Europe Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
15. Europe Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
16. Europe Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
17. Germany Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
18. Germany Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
19. Germany Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
20. U.K. Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
21. U.K. Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
22. U.K. Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
23. Asia Pacific Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
24. Asia Pacific Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
25. Asia Pacific Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
26. China Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
27. China Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
28. China Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
29. India Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
30. India Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
31. India Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
32. Central & South America Large Cooking Appliances market estimates and forecast, 2015 - 2025 (USD Billion)
33. Central & South America Large Cooking Appliances market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
34. Central & South America Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
35. MEA Large Cooking Appliances market estimates and forecast, 20145- 2025 (USD Billion)
36. MEA Large Cooking Appliances market revenue estimates and forecast by product, 2015- 2025 (USD Billion)
37. MEA Large Cooking Appliances market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
38. Vendor landscape

List of Figures

1. Large cooking appliances market snapshot 
2. Large cooking appliances market segmentation & scope
3. Large cooking appliances market penetration & growth prospect mapping
4. Large cooking appliances supply chain analysis
5. Large cooking appliances market dynamics
6. Large cooking appliances market Porter's analysis 
7. Large cooking appliances market: Product Type movement analysis 
8. Large cooking appliances market: Application movement analysis 
9. Large cooking appliances market: Regional movement analysis