The Asia Pacific Household Cooking Appliance Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
The growing desire to eliminate human interaction and automate cooking has resulted in a slew of new improvements in kitchen gadgets. As a result, as part of their attempts to persuade household consumers to substitute their traditional cooking appliances with modern cooking appliances, manufacturers are often maintaining the original mechanisms and merging the latest technology into the modern appliance. The desire for this cooking equipment is also increasing, as many people have taken up cooking as a pastime and are thus buying the most up-to-date appliances.
The rising popularity of the smart home idea bodes well for the market's growth in the next years. Advanced technologies have resulted in the introduction of innovative home cooking products that include touch screens and built-in cameras, as well as voice assistants and connectivity. Smart kitchen appliances that are Internet of Things (IoT) enabled can be monitored and operated remotely via the internet utilizing smartphones.
Because of the region's substantial middle-class population, it would contribute to the demand and growth of the household cooking appliance market. Furthermore, the high demand for innovative refrigerators in countries like India and Japan is propelling the market forward in the region. The manufacturing sector of developing nations like Japan and China is very strong, and companies operating in this region market are increasingly investing in innovating different household cooking appliances. Furthermore, rising consumer preferences in countries like India, Thailand, and China toward the use of higher power rating electronic gadgets for electricity cost minimization purposes are boosting demand for sustainable kitchen gadgets in the region.
The China market dominated the Asia Pacific Household Cooking Appliance Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $44,032.4 million by 2027. The Japan market is anticipated to grow at a CAGR of 6.4% during (2021 - 2027). Additionally, The India market would display a CAGR of 7.7% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Household Cooking Appliance Market is Projected to reach USD 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
- Brick & Mortar
- E-commerce
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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.
TABLE 1 Asia Pacific Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Cooktops & Cooking Ranges Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Cooktops & Cooking Ranges Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Gas-based Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Gas-based Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Electrical-based Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Electrical-based Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Induction-based Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Induction-based Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Ovens Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Ovens Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Conventional & Convection Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Conventional & Convection Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Microwave Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Microwave Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Combination Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Combination Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Specialized Appliances Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Specialized Appliances Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Freestanding Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Freestanding Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Built-in Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Built-in Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Brick & Mortar Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Brick & Mortar Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific E-commerce Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific E-commerce Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Household Cooking Appliance Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Household Cooking Appliance Market by Country, 2021 - 2027, USD Million
TABLE 44 China Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 45 China Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 46 China Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 47 China Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 48 China Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 49 China Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 50 China Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 51 China Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 52 China Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 53 China Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 54 China Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 55 China Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 56 Japan Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 57 Japan Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 58 Japan Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 59 Japan Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 60 Japan Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 61 Japan Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 62 Japan Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 63 Japan Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 64 Japan Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 65 Japan Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 66 Japan Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 67 Japan Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 68 India Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 69 India Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 70 India Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 71 India Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 72 India Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 73 India Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 74 India Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 75 India Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 76 India Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 77 India Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 78 India Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 79 India Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 80 South Korea Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 81 South Korea Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 82 South Korea Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 83 South Korea Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 84 South Korea Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 85 South Korea Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 86 South Korea Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 87 South Korea Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 88 South Korea Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 89 South Korea Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 90 South Korea Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 91 South Korea Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 92 Singapore Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 93 Singapore Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 94 Singapore Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 95 Singapore Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 96 Singapore Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 97 Singapore Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 98 Singapore Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 99 Singapore Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 100 Singapore Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 101 Singapore Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 102 Singapore Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 103 Singapore Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 104 Malaysia Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 105 Malaysia Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 106 Malaysia Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 107 Malaysia Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 108 Malaysia Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 109 Malaysia Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 110 Malaysia Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 111 Malaysia Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 112 Malaysia Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 113 Malaysia Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 114 Malaysia Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 115 Malaysia Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 116 Rest of Asia Pacific Household Cooking Appliance Market, 2017 - 2020, USD Million
TABLE 117 Rest of Asia Pacific Household Cooking Appliance Market, 2021 - 2027, USD Million
TABLE 118 Rest of Asia Pacific Household Cooking Appliance Market by Product, 2017 - 2020, USD Million
TABLE 119 Rest of Asia Pacific Household Cooking Appliance Market by Product, 2021 - 2027, USD Million
TABLE 120 Rest of Asia Pacific Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2017 - 2020, USD Million
TABLE 121 Rest of Asia Pacific Household Cooking Appliance Market by Cooktops & Cooking Ranges Type, 2021 - 2027, USD Million
TABLE 122 Rest of Asia Pacific Household Cooking Appliance Market by Ovens Type, 2017 - 2020, USD Million
TABLE 123 Rest of Asia Pacific Household Cooking Appliance Market by Ovens Type, 2021 - 2027, USD Million
TABLE 124 Rest of Asia Pacific Household Cooking Appliance Market by Structure, 2017 - 2020, USD Million
TABLE 125 Rest of Asia Pacific Household Cooking Appliance Market by Structure, 2021 - 2027, USD Million
TABLE 126 Rest of Asia Pacific Household Cooking Appliance Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 127 Rest of Asia Pacific Household Cooking Appliance Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 128 Key Information – Koninklijke Philips N.V.
TABLE 129 Key information – Whirlpool Corporation
TABLE 130 Key Information –Samsung Electronics Co., Ltd.
TABLE 131 Key information – LG Electronics, Inc.
TABLE 132 Key Information – Panasonic Corporation
TABLE 133 key information – Robert Bosch GmbH
TABLE 134 key information –Haier Smart Home Co., Ltd.
TABLE 135 Key Information – SMEG S.p.A.
TABLE 136 Key Information – Electrolux AB
TABLE 137 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