Global Household Cooking Appliance Market Trends And Strategies Of Major Players In The Household Cooking Appliance Market 2021-2030

The household cooking appliances manufacturing includes sales of household-type electric and nonelectric cooking equipment. These include microwave ovens, electric stoves, barbeques and grills, and others.

Global Household Cooking Appliance Market Size And Drivers:

The global household cooking appliance market is expected to grow from $73.54 billion in 2020 to $78.89 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $101.98 billion in 2025 at a CAGR of 7%. Growing popularity of energy-efficient cooking appliances is expected to increase the demand for electric stoves.

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Trends In The Global Household Cooking Appliance Market

Companies in the household cooking appliance market are increasingly launching technologically-advanced multi-functional ovens to cater to the rising demand for multi-functional appliances with additional benefits. These multi-functional ovens use a wide range of methods to provide customized and easy cooking. These ovens use devices to guide and instruct users in the process of cooking. Apart from these, they also come with catalytic and pyrolytic self-cleaning functions. The catalytic self-cleaning feature allows the use of special chemical installed liners to absorb grease, while the pyrolytic self-cleaning function of these ovens allows them to clean the dirt and grease using high temperatures. For instance, Electrolux’s EOY5851AAX oven uses different programs and functions to make the process of cooking easy and customized. It has the pyrolytic cleaning technology that allows self-cleaning.

Global Household Cooking Appliance Market Segments:
The global household cooking appliance market is further segmented –
By Product: Electric Stoves, Microwave Ovens, Barbecues And Grills, Others - Household Cooking Appliances
By Application: Household, Commercial
By Fuel Type: Cooking Gas, Electricity
By Geography: The global household cooking appliance market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Household Cooking Appliance Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides household cooking appliance market overviews, analyzes and forecasts market size and growth for the global household cooking appliance market, household cooking appliance market share, household cooking appliance market players, household cooking appliance market segments and geographies, household cooking appliance market’s leading competitors’ revenues, profiles and market shares. The household cooking appliance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.