The Latin America, Middle East and Africa Cookers & Ovens Market would witness market growth of 7.1% CAGR during the forecast period (2022-2028).
A microwave oven is a kitchen gadget that heats and cooks food using electromagnetic radiation through microwaves. Electromagnetic radiation includes microwaves. These are both shorter and longer than radio waves and infrared waves. It is utilized for more than just cooking but also used for radar, operations, and communications, among other things. Microwave ovens employ the heat from electromagnetic radiation to heat just the food, not the entire interior space. A specific component called a 'magnetron' is used to create microwaves. It looks like one of the Transformers, but it actually uses a heated filament to stir electrons. This produces the microwaves that are required to cook the food.
Players have increased the investments in order to produce improved ovens and cookers at cheaper costs. For example, the Haier Group invested in obtaining more affordable technologically improved ovens. It gives businesses a competitive advantage. To increase sales of kitchen equipment, major industry participants are turning to online marketing platforms.
People in this region are becoming more health-conscious and hence they are becoming very conscious regarding the purchase of appropriate and suitable cookers & ovens as per the need and home budgets, and as a result, people are eschewing fried or deep-fried foods in favor of lower-fat, baked foods. Additionally, the region's unrealized potential, low labor costs, and supportive government policies are luring more enterprises to enter and expand their operations. The hotel sector in countries like Dubai is constantly developing and launching more variety of cookers and ovens. Manitowoc, for instance, debuted its innovative oven in this region to meet the expanding demand. The baking at home is becoming increasingly popular in the Middle East.
An oven that can bake excellently in less time is required for such baking tasks. Moreover, ovens are an excellent alternative for baking efficiently and fast, which will entice more consumers to use them.
The Brazil market dominated the LAMEA Cookers & Ovens Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,529.4 million by 2028. The Argentina market is experience a CAGR of 7.7% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 6.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Cooktops & Cooking Ranges, Ovens, and Cookers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Cookers & Ovens Market is Predict to reach $220.1 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation), Samsung Electronics Co., Ltd. (Samsung Group), LG Electronics, Inc. (LG Corporation), Robert Bosch GmbH, Groupe SEB, Wilh. Werhahn KG (ZWILLING J.A. Henckels AG), Koninklijke Philips N.V., Fissler GmbH, and Electrolux AB.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Type
- Cooktops & Cooking Ranges
- Ovens
- Cookers
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Samsung Electronics Co., Ltd. (Samsung Group)
- LG Electronics, Inc. (LG Corporation)
- Robert Bosch GmbH
- Groupe SEB
- Wilh.Werhahn KG (ZWILLING J.A. Henckels AG)
- Koninklijke Philips N.V.
- Fissler GmbH
- Electrolux AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cookers & Ovens Market, by Distribution Channel
1.4.2 LAMEA Cookers & Ovens Market, by Type
1.4.3 LAMEA Cookers & Ovens 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. Strategies Deployed in Cookers & Ovens Market
Chapter 4. LAMEA Cookers & Ovens Market by Distribution Channel
4.1 LAMEA Offline Market by Country
4.2 LAMEA Online Market by Country
Chapter 5. LAMEA Cookers & Ovens Market by Type
5.1 LAMEA Cooktops & Cooking Ranges Market by Country
5.2 LAMEA Ovens Market by Country
5.3 LAMEA Cookers Market by Country
Chapter 6. LAMEA Cookers & Ovens Market by Country
6.1 Brazil Cookers & Ovens Market
6.1.1 Brazil Cookers & Ovens Market by Distribution Channel
6.1.2 Brazil Cookers & Ovens Market by Type
6.2 Argentina Cookers & Ovens Market
6.2.1 Argentina Cookers & Ovens Market by Distribution Channel
6.2.2 Argentina Cookers & Ovens Market by Type
6.3 UAE Cookers & Ovens Market
6.3.1 UAE Cookers & Ovens Market by Distribution Channel
6.3.2 UAE Cookers & Ovens Market by Type
6.4 Saudi Arabia Cookers & Ovens Market
6.4.1 Saudi Arabia Cookers & Ovens Market by Distribution Channel
6.4.2 Saudi Arabia Cookers & Ovens Market by Type
6.5 South Africa Cookers & Ovens Market
6.5.1 South Africa Cookers & Ovens Market by Distribution Channel
6.5.2 South Africa Cookers & Ovens Market by Type
6.6 Nigeria Cookers & Ovens Market
6.6.1 Nigeria Cookers & Ovens Market by Distribution Channel
6.6.2 Nigeria Cookers & Ovens Market by Type
6.7 Rest of LAMEA Cookers & Ovens Market
6.7.1 Rest of LAMEA Cookers & Ovens Market by Distribution Channel
6.7.2 Rest of LAMEA Cookers & Ovens Market by Type
Chapter 7. Company Profiles
7.1 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.1 Segmental and Regional Analysis
7.1.2 Research & Development Expense
7.2 Samsung Electronics Co., Ltd. (Samsung Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 LG Electronics, Inc. (LG Corporation)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Robert Bosch GmbH
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Groupe SEB
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Geographical Expansions:
7.6 Wilh. Werhahn KG (ZWILLING J.A. Henckels AG)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Koninklijke Philips N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Fissler GmbH
7.8.1 Company Overview
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 10 LAMEA Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 11 LAMEA Cooktops & Cooking Ranges Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Cooktops & Cooking Ranges Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Ovens Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Ovens Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Cookers Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Cookers Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Cookers & Ovens Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Cookers & Ovens Market by Country, 2022 - 2028, USD Million
TABLE 19 Brazil Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 20 Brazil Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 21 Brazil Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 22 Brazil Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 23 Brazil Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 24 Brazil Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 25 Argentina Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 26 Argentina Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 27 Argentina Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 Argentina Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 Argentina Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 30 Argentina Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 31 UAE Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 32 UAE Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 33 UAE Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 34 UAE Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 35 UAE Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 36 UAE Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 37 Saudi Arabia Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 38 Saudi Arabia Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 43 South Africa Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 44 South Africa Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 45 South Africa Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 South Africa Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 South Africa Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 48 South Africa Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 49 Nigeria Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 50 Nigeria Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 51 Nigeria Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 52 Nigeria Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 53 Nigeria Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 54 Nigeria Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 55 Rest of LAMEA Cookers & Ovens Market, 2018 - 2021, USD Million
TABLE 56 Rest of LAMEA Cookers & Ovens Market, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Cookers & Ovens Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Cookers & Ovens Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Cookers & Ovens Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Cookers & Ovens Market by Type, 2022 - 2028, USD Million
TABLE 61 key information – Haier Smart Home Co., Ltd.
TABLE 62 Key Information – Samsung Electronics Co., Ltd.
TABLE 63 Key information – LG Electronics, Inc.
TABLE 64 key information – Robert Bosch GmbH
TABLE 65 Key Information – Groupe SEB
TABLE 66 key information – Wilh. Werhahn KG
TABLE 67 Key Information – Koninklijke Philips N.V.
TABLE 68 key information – Fissler GmbH
TABLE 69 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Samsung Electronics CO. Ltd.