#Household Induction Cooktops Market Revenue

[amr-jayprakash]

Global household induction cooktops market size in 2015 was valued at $9,160 million growing at CAGR of 5.8% to reach $13,538 million by 2022. Household induction cooktops market has witness increased adoption owing to factors such as use of electromagnetic energy to directly heat pots and pans. Induction cooktops offer wide temperature range (80–450°F) and different power level options to ensure precise temperature control.

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U.S. Household Appliances Market 2022 | E-Commerce Segment Is Expected To Register The Fastest CAGR

The U.S. household appliances market size is expected to reach USD 93.04 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.5% from 2022 to 2030. Rising fuel prices, the increasing number of nuclear families, and the growth in induction cooking technology have increased the dependence of users on household appliances and hence are expected to have a significant impact on the U.S. market growth.

Other factors contributing to the growth of the U.S. market include the popularity of multi-functional and advanced products, which are capable of addressing more than one household application, thus giving good value for money. Vendors continually innovate to stay competitive, enhance customer satisfaction, expand the customer base, and generate demand for multi-functional household appliances to respond to the growing demand.

The cooktop, cooking range, microwave, and oven segment held the largest revenue share of over 30.0% in 2021. The rising standards of living in the U.S. are predicted to fuel the demand for cooktops in the U.S. market. The increasing number of residential and non-residential construction projects is expected to increase the demand for cooktops in the U.S. According to the United States Department of Agriculture, in the U.S., a total of 1,495,000 construction permits were issued in July 2020 at SAAR (seasonally adjusted annual rate), this rate is 9.4% higher than July 2019 and 18.8% higher than June 2020.

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Moreover, in July 2020, the seasonally adjusted annual rate (SAAR) for total completions of construction from permits was 1,280,000. This increased by 3.6% from June 2020 and increased by 1.7% from July 2019. Out of the completed construction, 60,524 were residential and 62,959 were non-residential. This increase in construction will drive the demand for induction cooktops in the U.S.

The e-commerce segment is expected to register the fastest CAGR from 2022 to 2030. E-commerce penetration is significant in the United States, resulting in a large sales volume. The majority of sales in the home appliance sector are driven by major online platforms like Amazon. Despite the fact that other regional manufacturers have found it difficult to get into the market, numerous worldwide manufacturers have attempted to do so. In most regions, customers are willing to try new things. Benefits such as quick returns, online retailer post-sale help, and free and one-day delivery features, on the other hand, are attracting a significant number of customers.

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Germany Consumer Appliances Market Demand, Trends, Forecast 2022-2028

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Germany Consumer Appliances Market was worth USD 17.63 billion in the year 2021. The market is projected to grow at a CAGR of 7.4%, earning revenues of around USD 28.74 billion by the end of 2028. The Germany Consumer Appliances Market is booming because both large and small appliances are produced by companies in the German domestic appliance sector. A few examples of tiny appliances are humidifiers, toasters, juicers, and vacuum cleaners, whereas examples of major appliances include things like stoves, ovens, and refrigerators. Demand for high-end, luxury kitchens and home appliances has increased as the number of sales of opulent residences in Germany has increased. According to the Sotheby's International Realty Survey, 2021, over 70% of real estate professionals anticipated increased demand for luxury houses in 2020, and 63% predict luxury property prices to increase over the next three years. Furthermore, Germany Consumer Appliances Market is one of the most emerging markets that grow continuously owing to the fast integration of new technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), cloud computing, and others. However, premium and smart consumer appliances are expensive and need maintenance, which in turn, may act as a huge restraining factor for the market growth.

Increasing Numbers of Consumer Electronics Showrooms

New consumer electronics stores are projected to increase sales of kitchen appliances. Consumer electronics companies are increasingly attempting to construct new showrooms and stores to capitalize on opportunities created by the growing demand for novel consumer goods such as induction cooktops, conventional grills, and others in modern German homes. During the forecast period, all of these variables present lucrative growth potential in the Germany Consumer Appliances Market (2022-2028). As a result, the Germany Consumer Appliances Market is predicted to develop at a significant rate during the forecast period (2022-2028).

Increasing Demand for Advanced Consumer Appliances

Demand for new consumer goods products and related gadgets such as smart kitchen appliances is rapidly increasing in the household sector as a result of expanding investment in the development of smart houses across Germany's industrialized regions. This also contributes to the market's expansion. As a result, key market participants are investing more money in R&D initiatives to produce distinctive products that include cutting-edge technology such as artificial intelligence and the internet of things. This results in offering lucrative opportunities for the Germany Consumer Appliances Market during the forecast period (2022-2028).

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High Costs of Switching for Owners of Current Smart Devices

Shipments of smart home equipment are influenced by consumer usage and needs. Consumers often favor products that are convenient and efficient in terms of energy use. The cost of installing and maintaining smart home appliances is in addition to their cost. Many organizations and customers are hesitant to use smart devices due to their high cost. The expensive price of smart home technology was cited as their main concern by 36% of respondents in the GFK poll. All of these things limit the market growth.

Segmental Coverage

Germany Consumer Appliances Market – By Distribution Channel

Based on distribution channels, the Germany Consumer Appliances Market is segmented into Online, Super Markets, and Specialty Stores. Among these, the online segment holds the largest market share. Since giant retailers like Metro (Media Market and Saturn) continue to hold significant market shares and impede the entry of new competitors, Germany has a higher concentration of businesses. The German e-commerce market is booming, with Amazon and Otto ranked as the top two online merchants. After online retailers, department stores in Germany are the distribution channel with the second-fastest growth. Germans have demonstrated a desire for a wide variety of safe e-payment options, as well as for retail specials and discounts. As a result, in the upcoming years, German department stores and e-commerce are projected to experience substantial growth.

Impact of COVID-19 on Germany Consumer Appliances Market

The growth of Germany's consumer appliances business has been significantly hampered by the recent Covid-19 epidemic. The pandemic affected both the production and sales of appliances through both online and offline channels because of social exclusion and stay-at-home constraints. Due to the lockout of the primary markets, retailers' demands for new purchases have ceased, drastically altering the worldwide supply chain. As a result, the Germany Consumer Appliances Market is significantly impacted by supply chain disruptions. The market is anticipated to grow as a result of some regions' rapid economic recovery and increased sales of kitchen and home appliances. Consequently, it was projected that demand for a wide range of consumer appliances would increase.

Competitive Landscape

The leading market players in the Germany Consumer Appliances Market are Panasonic Corporation, BSH Hausegrate GmbH, Electrolux Group, Gorenje, Arcelik A.S., Bosch, Miele, Thermador, Gaggenau, Liebherr, and other prominent players. The Germany Consumer Appliances Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

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What are the major factors that are expected to Household Induction Cooktops Market  drive growth of the market during the forecast period?

As people continue to use fast-food restaurants, the restaurant industry's improved profitability and performance are providing ample chances for the market. The market for household induction cooktops is being driven by rising fuel costs for conventional gas cooktops, as well as the growing trend of modular kitchens due to the comfort and safety benefits.

The demand for Household Induction Cooktops Market is predicted to expand as a result of numerous new home construction projects. In the past, the steady transition away from gas cooktops benefited the market, and an increasing number of consumers are interested in installing induction cooktops in their homes or large-scale residential projects.

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[automotivebatterysensormarket]

Induction Cookware Market – Industry Trends and Forecast to 2027.

Induction Cookware Market grows at a CAGR of 5.90% in the forecast period 2020-2027.

Market Analysis & Insights: Induction Cookware Market

Induction cookware market will reach an estimated valuation of USD 2.2 billion by 2027, while registering this growth at a rate of 5.90% for the forecast period of 2020 to 2027. Induction cookware market report analyses the growth, which is currently being growing due to the increasing promotion of induction cooking.

The growing preferences towards multi cooktops and compatible pans, rising demand of energy efficient and environmental friendly product, easy availability of advanced and innovative product are some of the factors which will likely to enhance the growth of the induction cookware market in the forecast period of 2020-2027. On the other hand, prevalence of developed distribution channel and rising online sales, adoption of electric cookware will further boost various opportunities that will lead to the growth of the induction cookware market in the above mentioned forecast period.

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Induction Cookware Market Share Analysis

Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to induction cookware market.

Induction Cookware Market Scope and Market Size

On the basis of type, induction cookware market is segmented into pan, stockpot, cooker, Dutch oven, and others.  

Based on distribution channel, induction cookware market is segmented into supermarkets, hypermarkets, E-commerce, and others.

Induction cookware market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for induction cookware market includes household, and commercial.

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Induction Cookware Market Country Level Analysis

The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.

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Global Induction Cookware Market is Expected to Reach a Value of USD 2.2 billion by 2027

Key Players Induction Cookware Market

KitchenAid

Stovekraft Private Limited

Chantal Online

SCANPAN

Anolon

TOC of the report

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

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Induction Cooktops Market expected to reach USD 31.08 Billion by 2027

Global Induction Cooktops Market is valued at USD 20.53 Billion in 2020 and expected to reach USD 31.08 Billion by 2027 | CAGR of 6.1% Increasing demand of consumer electronics with advanced modular kitchen and smart cooking appliances as well as surge in the e-commerce & online marketing of home appliances are some important factors driving the growth of Global Induction Cooktops Market.

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Induction cooktops are the electronic devices used for cooking purpose without the requirement of LPG gas. It consists of electrical circuit to power requirements in the 30 to 40 amp range. The induction cooktops provide fast cooking with sufficient heat, superb simmering as it uses magnetic currents to directly heat the pots. There are many advantages of induction cooktops such as high speed of cooking, energy efficient saves energy consumption, adjustable to achieve the desired temperature and safe to use even while cooking. Induction cooktop has the electromagnetic waves to heat the contents in the pan or pots with the use of the burner to remain less heat loss. The induction cooktops are increasingly used in the hotels, restaurants, commercial cooking spots, and events due to its faster cooking advantages. Growing demand with rapid adoption of advanced induction technology due to its attractive look as well as easy cleaning facility for the working-class population is supplementing the market growth. Induction Cooktops Companies: Global induction cooktops market reports cover prominent players like, Whirlpool Corporation LG Electronics Inc. TTK Group Smeg Koninklijke Philips N.V. Miele Panasonic Corporation Robert Bosch GmbH Sub-Zero Group, Inc. Electrolux AB Others

Global Induction Cooktops Market Dynamics– The key growth factor of the global induction cooktops market is the growing demand of consumer electronics with advanced modular kitchen and smart cooking appliances as well as surge in the e-commerce & online marketing of home appliances. According to global online shoppers in 2017, the online home appliances shopping rose by 33% whereas in-store by 56% globally which include the advanced technology kitchen appliances compare to previous year. However, stringent regulations with respect to the manufacturing of the energy efficient home appliances and the high cost of raw materials used in product manufacturing as well as increasing energy prices may hamper the market growth. For example; in 2007, in the United States, the law sanctioned as “U.S. Energy Independence and Security Act” which is responsible for stricter energy standards equipments regarding residential home appliances. In France, companies that fail to comply with WEEE regulations, including criminal fines of up to Euro 450 per device and may be subject to others penalties. In spite of that, rising focus on manufacturing of advanced technology devices using modular kitchen systems, sensors and controllers, advent of nanotechnology, IoT etc. for energy efficient home appliances in the various industries can create huge opportunity for the further growth of the global induction cooktops market. Induction cooktops Market Regional Analysis– Europe is expected to dominate the global induction cooktops market due to growing use of advanced home appliances, rising energy prices and surge in consumer spending, as well as manufacturing industry with the potential rate followed by North America. The European industry is a basic asset of the EU economy. The industry has improved technology dramatically which was accompanied by the lower prices of home appliances to consumers. According to the European Committee of Domestic Equipment Manufacturers, in Europe 50 million large home appliances and 200 million small appliances are being sold in average every year.

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Key Benefits for Induction Cooktops Market Report– Global induction cooktops Market report covers in depth historical and forecast analysis. Global Induction cooktops Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level. Global induction cooktops Market report helps to identify opportunities in market place. Global induction cooktops Market report covers extensive analysis of emerging trends and competitive landscape. Global Induction Cooktops Market Segmentation:–

By Product Type: Single Element, Multi-element, By Applications: Commercial, Household By Distribution Channel: Online, Speciality Stores Regional & Country Analysis North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

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Residential Hobs Market 2025 Share | Latest Regions, Revenue, Drivers, Trends and Influence Factors

Global Residential Hobs Market Report 2025 size is projected to touch USD 19 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 7.2% through the forecast period of 2019 to 2025.Increasing disposable income, rising number of young consumer groups, and increasing awareness of consumers regarding the energy efficiency of the product are the major factors propelling the growth of this market.

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 Market Synopsis of Residential Hobs Market:

 The 4 burner hob size held the largest market share of 43% in 2018. It is anticipated to emerge as the fastest growing segment over the forecast period. The high demand of burners for cooking in countries like China and India, where the families are large is propelling the market growth. Trend of preparing a variety of cuisines in one particular meal is also contributing in driving the market growth. Increasing young workforce who have less time to invest in cooking propel the demand of this segment of the product.

 In 2018, the induction product type held the largest share of over 40% in the overall revenue. Countries like U.S. and Canada are the foremost consumers of household electricity where there is extensive usage of electric based cooktops for cooking as they are cost and energy efficient. Increasing price of LPG in countries like China and India is persuading the consumers to choose alternative options for cooking.

 In 2018, North America dominated the regional market with 30% share in the overall revenue. Countries like U.S. and Canada are the foremost contributors to the regional market growth owing to significant technological advancement and innovation of products by the manufacturers. Asia Pacific is the fastest growing market, proliferating at a CAGR of 8.7% over the forecast period. Increasing price of LPG and rising awareness regarding the benefits of the product are strengthening the residential hobs market growth in this region.

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 Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Residential Hobs: Market Variables, Trends & Scope              

Chapter 4 Residential Hobs: Product Estimates & Trend Analysis

Chapter 5 Residential Hobs: Application Estimates & Trend Analysis

Chapter 6 Residential Hobs: End-use Estimates & Trend Analysis

Chapter 7 Residential Hobs: Industrial End-use Estimates & Trend Analysis

Chapter 8 Residential Hobs: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Residential Hobs: Manufacturers Company Profiles

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Residential Hobs Market Expected To Cross $19.0 Billion By 2025

The global residential hobs market size is expected to reach USD 19.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. Rising disposable income, increasing number of young consumer groups, and growing awareness about the energy efficiency of the product are the prominent factors for the growth of the market.

The 4 burner hob size dominated the market in 2018, accounting for 43.0% share of the global revenue. It is expected to emerge as the fastest growing segment in the forecast period. Need for more burners for cooking is high in developing countries such as India and China, wherein the families are large. Trend of having a number of cuisines in the meal is also one of the prominent factors for the growth of the market. Increasing number of young working groups who have less time to cook is propelling the demand for this particular segment of the product.

The induction product type dominated the market in 2018 and accounted for more than 40.0% share of the overall revenue. Countries such as Canada and U.S are the leading users of household electricity, wherein the usage of electric based cooktops for cooking is high as they are energy and cost efficient. Price of LPG is increasing continuously in countries such as India and China, which, in turn, is compelling the consumers to shift towards alternative options for cooking.

North America was the dominant regional market in 2018, accounting for 30.0% share of the overall revenue. Countries such as Canada and U.S are the leading contributors to the regional market growth as they witness high technological advancement and product innovation by the manufacturers. Asia Pacific is the fastest growing market, expanding at a CAGR of 8.7% in the forecast period. Increasing LPG price and awareness about the benefits of the product are driving the market in the region.

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Residential Hobs Market Report Highlights

By product type, induction held the largest share of above 40.0% in terms of revenue

4 burner hob is the most preferred size and it accounted for 43.0% share of the overall revenue in 2018

Asia Pacific is the fastest growing region, expanding at a CAGR of 8.7% due to growing disposable income and awareness about the benefits of the product.

Residential Hobs Market Segmentation

Grand View Research has segmented the global residential hobs market on the basis of product type, size, and region:

Residential Hobs Product Type Outlook (Revenue, USD Billion, 2015 - 2025)

Induction

Gas

Mix

Residential Hobs Size Outlook (Revenue, USD Billion, 2015 - 2025)

2 burner

3 burner

4 burner

5 burner

Residential Hobs Regional Outlook (Revenue, USD Billion, 2015 - 2025)

North America

Europe

Asia Pacific

CSA

MEA

U.S.

Canada

Germany

U.K.

China

India

Brazil

South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

[technogeekstmr]

Household Cooking Appliances Market 2020 Global Outlook, Research, Trends and Forecast to 2027

According to a new market report published by Transparency Market Research titled Household Cooking Appliances Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2026, the global household cooking appliances market is expected to reach a value of US$ 110.58 Bn by 2026. In terms of value, the market is estimated to expand at a CAGR of 6.1% during the forecast period from 2018 to 2026. Increasing number of working women, and rising purchasing power and disposable income of consumers is expected to drive the market growth of household cooking appliances over the forecast period. Increasing preferences of consumers for energy-efficient alternatives rather than gas and electric devices and rising technological development of smart equipment for cooking food is also projected to boost the market growth in the coming years.

Rising living standards have influenced consumers to opt for better designed and smart appliances in their kitchen which further positively influences the demand for household cooking appliances. Increasing trend of nuclear families and stability in terms of finance encourages consumers to invest in cooking appliances with enhanced technology, thus increasing their demand.

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Cooktops and cooking ranges segment is expected to hold the largest market share in terms of revenue and is also projected to grow steadily over the forecast period. This is due to introduction of smart equipment or IoT enabled equipment across the range which can be directly controlled by smartphones. In cooktops & cooking ranges, gas cooktops are anticipated to witness enormous growth in coming years due to their ability of regulating temperature instantly. The preference of consumers for energy efficient technology to cook food is expected to influence the increased demand for induction cooktops over the forecast period. Furthermore, increasing awareness about the benefits of induction cooktops such as easy installation and handling, minimal risk, effective management of heat, simplified cleaning process, and cost efficiency are expected to spur the demand for household cooking appliances over the forecast period.

Demand for ovens is also expected to increase in the near future due to the availability of a variety of ovens with high capacity. Ovens are projected to witness a moderate growth rate during the forecast period due to the presence of innovative products equipped with easy control panels and auto program to enhance their usability and to meet the consumer demand. In the foreseeable years, manufacturers of microwave ovens in different parts of the world are likely to boost their use by addressing the changing requirements of food processing and the food service industry.

Furthermore, specialized appliances such as toasters, mixers, food processors, and blenders are also considered as essential appliances. Almost all consumers own these special appliances for their daily chores in the kitchen. Therefore, the volume share of specialized appliances is more compared to the volume of ovens.

The household cooking appliances market in Asia Pacific is expected to witness the highest growth over the forecast period due to the changing lifestyle, higher disposable income, coupled with greater affordability which has increased the demand for household cooking appliances in the region. The market in the region is expected to witness growth at a CAGR of 6.9% in terms of revenue during the forecast period. In Asia Pacific, cooktops & cooking ranges are expected to have substantial growth over the forecast period. The growth is attributed to the major adoption of gas cooktops across the urban as well as rural sector. The region comprises more of middle class consumers; therefore, gas cooktops are expected to have high demand during the forecast period. Among the countries of Asia Pacific, China is anticipated to dominate the household cooking appliance market over the forecast period. As the electronics industry has been a pillar of success in China, the country is known for producing electronics and smart devices at a massive scale. Low labor cost and a sizeable customer base gives China a high attractiveness index. .

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Countries such as India and Japan are projected to have a considerable growth rate during the forecast period due to the growing number of households and their attraction toward household cooking appliances. The consumer durables industry in India and Japan has witnessed considerable change in the past couple of years.

Some of the major players in the global household cooking appliances market are Electrolux AB, Haier Group Corporation, Hitachi, Ltd., Koninklijke Philips N.V., LG Electronics Inc., Midea Group, Miele & Cie. KG, Robert Bosch GmbH, Samsung Group, and The Whirlpool Corporation.

The household cooking appliances market is segmented as follows:.

Household Cooking Appliances Market

By Product

Gas Cooktops

Electrical Coil Cooktops

Induction Cooktops

Static Heating

Hot Air Convection

Static Heating

Hot Air Convection

Static Heating

Hot Air Convection

Static Heating

Hot Air Convection

By Application

Built-in

Free Standing

By Geography

U.S.

Canada

U.K.

Germany

France

Italy

Spain

Rest of Europe

China

Japan

Rest of Asia Pacific

GCC

South Africa

Rest of Middle East & Africa

Brazil

Rest of South America

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Commercial Kitchen Planning – How to improve Kitchen performance with better-designed appliances

Commercial Kitchen Planning

The key to success for any commercial kitchen (whether a brand new one or a refurbished one) is the correct selection of kitchen appliances. Each commercial kitchen is unique and requires a different set of appliances.  

Let’s breakdown the typical types of appliances required while planning a commercial kitchen:

1) Cooking appliances

Oven, Range, Deep fryer, Grill, Griddles, Holding Equipment, Salamander or Broiler, Toaster, Coffee Brewer

Interesting facts:

The cooking appliance segment is anticipated to expand at a CAGR of 7.6% over the forecast period on account of increased demand for combination oven and induction cooktop and cooking range. The induction cooking range comprises an induction cooktop and convection oven that uses convection technology to distribute the heat evenly for faster cooking. Demand for the induction cooking range is expected to increase over the forecast period owing to growing fuel and electricity prices and awareness about the conservation of energy.

In the oven segment, a combination oven, which is a built-in oven with a microwave function, is expected to expand at the highest CAGR of 9.2% during the forecast period.

2) Refrigeration and storage appliances

Refrigerator, Freezer, Ice Machine, Beverage Dispenser

Interesting Facts:  

In 2016, refrigerators accounted for almost 45% of the commercial kitchen equipment market revenue share.

In 2019, the refrigerator segment accounted for the largest revenue share of over 40.0% and is expected to witness substantial growth over the forecast period. The growing need for food preservation owing to changing climatic conditions is contemplating the end customers to deploy refrigerator with state-of-the-art technologies. Thus, the growing emphasis on advancements in refrigeration technologies is expected to boost the demand for refrigerators during the forecast period.

3) Storage equipment

Shelving, Bussing, and utility cart, Sheet Pan Racks, Food Storage, Containers, Drying Racks, Dunning Racks

4) Food prep appliances

Food processors, Prep Tables, Mixers, Grinders, Blenders.

5) Small ware

Knives, Cutting Board, Mixing Bowls, Pans, Pots, Whisks, Food pans, etc.

6) Janitorial Equipment

Microfiber cloths and cleaning rags, 3 compartment sink, Foodservice chemicals, and sanitizers, Trash cans and recycling bins, Mops and mop buckets, Wet floor signs, Scrubbers and sponges, Restroom supplies, Brooms and dustpans, and Cleaning chemical buckets.

According to a report by reportbuyer.com, The global commercial kitchen appliances/ equipment market is expected to reach USD 112.47 billion by 2025, according to a new report by Grand View Research, Inc.

Increasing demand for a well-designed commercial kitchen in the foodservice industry has led to the rise of technology-driven upgrades.

Here are some latest technological upgrades while planning a commercial kitchen:

1) Remote Controlled Kitchen

A remotely controlled kitchen is a kitchen where a network of physical appliances and devices that use a digital connection interact with each other. It is called the Internet of Things.

The Internet of Things (IoT)  technology can be used to create a smart, remotely controlled kitchen.

The benefits of IoT are as follows:

i) Lower labor costs

ii) Improved customer experience

iii) Mental peace

2) Kitchen Display System

A Kitchen Display System (KDS) is a must-have technology while planning a commercial kitchen. KDS basically replaces the technology of old receipt printers by improving the communication of the front staffers with the back ends staffers.

The benefits of a KDS:

i) Efficient communication of food orders placed

ii) Food preparation is faster

3) Smart Oven

The trend of smart appliances in the industry has led to the invention of smart ovens. This helps in cutting labor costs by automating routine tasks.

There are two kinds of smart ovens:

i) Cook and Hold oven

ii) Smart Combi oven

Smart ovens are designed to be energy efficient, reduce labor costs, optimize kitchen space, save money, and increase food safety.

Commercial kitchen planning has had an all-around change in their demand for kitchen appliances because of the changing lifestyle of people of different age groups in the population. Especially the youth who are more drawn towards low-calories, organic and healthy diets. This impacts purchasing of kitchen appliances that are required to prepare these dishes.

The growing use of smart kitchen equipment by the foodservice industry has led to a boost in the demand for commercial kitchen appliances. These smart commercial kitchen equipment are designed with advanced connectivity features and equipped with sensors, which can connect to handheld devices, such as smartphones and tablets or other household devices.

Furthermore, rising awareness amongst the end-use industries regarding the utilization of energy-efficient commercial kitchen equipment is likely to lead to a notable increase in demand for kitchen appliances in the commercial sector. In addition, supportive government regulations promoting energy-efficient commercial kitchen equipment are expected to escalate the sales of commercial kitchen appliances, thus curbing energy consumption.

While planning a commercial kitchen, it is always beneficial to hire experts. The team of kitchen consultants at HPG Consulting combines their wide industry experience with technical knowledge to bring forth effortless solutions to their client’s problems.

The kitchen consultants understand that each commercial kitchen, whether it is present in a bakery, a restaurant, or a hotel kitchen, all require a different set of kitchen layout, kitchen appliances, etc.

That is why the kitchen consultants at HPG Consulting have a collaborative approach to deliver end-to-end kitchen plans for hotels, restaurants, and other businesses involving food services, by conceptualizing the kitchen layout planning and consulting to setting up a remotely-managed kitchen setup. The kitchen consultants take charge of the project completely and deliver as per the client’s expectations.

In short the consultants,

– Assess the client’s needs

– Conceptualize the kitchen layout

– Consider Plumbing and Heating Requirements

– Consider Lightning Options

– Choose kitchen materials

– Procure the right kitchen equipment

HPG Consulting has heralded over many commercial kitchen planning projects in prestigious restaurants and hotels both in India and abroad. That is why they are the most recommended consulting group when it comes to the foodservice industry as they simply the best.

For further information on the latest trends in kitchen appliances for a commercial kitchen, get in touch with a kitchen consultant at HPG Consulting today.

To discuss your requirements and get answers to all your questions, call us at +91-9311-202-627. You can also fill out our contact form, and we will get in touch as soon as possible.

[techsciresearch]

Australia Electric Kitchen Appliances Market to Grow at Formidable Rate Until 2024 – TechSci Research

Increasing disposable incomes and growing trend of modular kitchen to drive Australia electric kitchen appliances market through 2024

According to TechSci Research report, “Australia Electric Kitchen Appliances Market By Category, By Application, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, Australia electric kitchen appliances market is expected to witness significant growth during the forecast period on account of introduction of innovative products, increasing number of middle class families and easy product availability. In addition, expanding distribution and supply chain of manufacturers and suppliers are expected to boost demand for electric kitchen appliances in Australia over the coming years. Moreover, growing popularity of modular homes and increasing disposable income is further anticipated to positively influence Australia electric kitchen appliances market. Furthermore, new Government regulations on curbing energy consumption and consumer awareness campaign would further push demand for energy efficient technology products across the region.

Browse  market data Tables and  Figures spread through  Pages and an in-depth TOC on " Australia Electric Kitchen Appliances Market "

 https://www.techsciresearch.com/report/australia-electric-kitchen-appliances-market/4163.html

 Australia electric kitchen appliances market can be segmented based on category, applications, distribution channel and region. In terms of application, the market can be segmented into household and commercial. Among them, household electric kitchen appliances segment is forecast to grow at an impressive rate until 2024 on the back of changing consumer lifestyle and emergence of appliances with advanced technology, which saves time as well as makes cooking tasks easier. Revenue from the online electric kitchen appliances sales have expanded considerably over the past five years and is anticipated to grow at a brisk rate through the forecast period owing to rapid e-commerce penetration. Customers tend to get attracted towards online purchasing due to availability of products at higher discounts.

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Customers can also request for 10% free customization on this report.

Haier Australia Pty Ltd., Glen Dimplex Australia Pty Ltd, Aus Decor Pty Ltd., Electrolux Pty. Ltd., Philips Electronics Australia Ltd., Panasonic Australia Pty Ltd, Samsung Electronics Australia Pty Ltd., Robert Bosch Australia Pty. Ltd., LG Electronics Australia Pty. Ltd. and Whirlpool (Australia) Pty. Limited are the leading players operating in Australia electric kitchen appliances market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share and expand the market.

“Electric kitchen appliances market is one of the most dynamic market worldwide and is anticipated to grow at a formidable rate during the forecast period on account of increasing investment in distribution channels, growing number of working women and less time available for household chores. Moreover, rapid proliferation of e-commerce sales channel coupled with declining prices of most electric kitchen appliances are positively influencing Australia electric kitchen appliances market through 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Australia Electric Kitchen Appliances Market By Category, By Application, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of Australia Electric Kitchen Appliances Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Australia electric kitchen appliances market.

Browse Related Report

India Non Electric Kitchen Appliances Market By Distribution Channel (Store Based Retail and Non-store Based Retail), By Product Type (Gas Stoves, Pressure Cookers, Non Electric Juicers & Others), Competition, Forecast & Opportunities, 2014-2024

https://www.techsciresearch.com/report/india-non-electric-kitchen-appliances-market/3842.html

India Electric Kitchen Appliances Market By Category (Small Electric Kitchen Appliances Vs. Large Electric Kitchen Appliances), By Distribution Channel (Multi-Branded Stores, Exclusive Stores & Others), Competition Forecast & Opportunities, 2013-2023

https://www.techsciresearch.com/report/india-electric-kitchen-appliances-market/3035.html

 UAE Electric Kitchen Appliances Market By Product Type (Induction Cooktop, Electric Chimney, Microwave, Electric cooker, Electric Toaster, Electric Kettle, Electric Food Processor, etc.), By Distribution Channel (Exclusive Stores, Convenience Stores, Supermarket/Hypermarkets & Online Retailers, By End User, Competition Forecast & Opportunities, 2014 – 2024

https://www.techsciresearch.com/report/uae-electric-kitchen-appliances-market/1486.html

 About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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[priyakadam137-blog]

Multi Stove Induction Cooktop Market Overview and Scope 2019 to 2024 | Key Players:  Midea, SUPOR, Joyoung, Philips, POVOS, etc.

The research study, titled “Global Multi Stove Induction Cooktop market Research Report 2019,” evaluates the historical performance and the current status of this market for a detailed understanding, emphasizing especially on the dynamics of the demand and supply of Multi Stove Induction Cooktop in 2024. This report presents a detailed study of the global market for Multi Stove Induction Cooktop by evaluating the growth drivers, restraining factors, and opportunities at length. The examination of the prominent trends, driving forces, and the challenges assist the market participants and stakeholders to understand the issues they will have to face while operating in the worldwide market for Multi Stove Induction Cooktop in the long run. Request for Sample Report Here @ https://www.acquiremarketresearch.com/sample-request/73664/ The research study further offers a study of the existing status of the key regional markets for Multi Stove Induction Cooktop, namely, China, North America, Eastern Europe, Western Europe, Japan, the Middle East and Africa, and the Rest of Asia, on the basis of a number of significant Multi Stove Induction Cooktop market parameters, such as, the production volume, pricing of the product, production capacity, sales, demand and supply dynamics, revenue, and the rate of growth of this Multi Stove Induction Cooktop market in each of the regions. Several segments of the worldwide Multi Stove Induction Cooktop market have also been discussed in this research report with thorough information, considering their historical and existing performance in the global arena. It further maps the competitive landscape of this Multi Stove Induction Cooktop market by evaluating the company profiles of the leading market players, such as  Midea, SUPOR, Joyoung, Philips, POVOS, Galanz, Fusibo, Sunpentown, Panasonic, Haier Group, AB Electrolux, Bosch, Whirlpool, Semikron, Waring, Fisher & Paykel, Smeg, True Induction, Miele, LG Electronics, MENU SYSTEM, Chinducs, Vollrath, UEMW, GE On the basis of the product, the market has been classified into: Portable Type, Build-in Type Based on the application, the market has been categorized into:  Household, Commercial For More Information On This Report, Please Visit @ https://www.acquiremarketresearch.com/industry-reports/multi-stove-induction-cooktop-market/73664/ The report covers the market study and projection of "Multi Stove Induction Cooktop Market" on a territorial along with worldwide point . The report establishes subjective and quantitative valuation by industry examiners, direct information, help from industry specialists alongside their latest verbatim and every industry producers through the market value chain. The examination specialists have also evaluated the by and large sales and income creation of this specific market. Moreover, this report additionally conveys broad examination of basic market drift, many key essentials while overseeing macro-economic indicators, combined with market enhancements according to each section. The growth trajectory of each of the segments has been provided in this study, in global terms and in each of the regional markets, creating a descriptive analysis of the overall Multi Stove Induction Cooktop market. This research study has also discussed the current and the upcoming ventures in the worldwide market for Multi Stove Induction Cooktop at length, making it of special value for companies, consultants, and other stakeholders functioning in this Multi Stove Induction Cooktop market.

[chitrakullkarni]

Electric Rice Cooker Market Company Profiles and Financial Performance Overview, 2025

The global Electric Rice Cooker Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global electric rice cooker market size is expected to register a revenue of USD 1.1 billion by the end of 2025, according to a new report released by Million Insights. It is expected to grow with a CAGR of 7.5% over the forecast period. This growth can be attributed to rising demand for electronic appliance for cooking in order to reduce power and energy consumption.

Key Players:

Toshiba Corporation

TTK Prestige Limited

Panasonic

Zojirushi America Corporation

Tiger Corporation

Sunbeam Product Inc.

Aroma Houseware Company

Pigeon Corporation

Koninklijke Philips N.V.

Conair Corporation

Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/global-electric-rice-cooker-market/request-sample

Growth Drivers:

Moreover, upcoming launches of products as per the growing trend are anticipated to boost product visibility even in developing regions. For example, a Wi-Fi-based induction cooker was introduced by Xiaomi in March 2016 with the brand name MIJIA. This cooker helps in changing the softness of rice through their MIJIA app thereby allowing the users to cook rice with more than 2000+ methods.

The growing trend of nuclear families coupled with increasing disposable income among the working population across developing countries has paved the way for market growth for electric cookers. Moreover, the demand for appliances with energy-saving features such as electric cookers and induction cooktops is expected to boost in the upcoming years to reduce energy consumption.

The shifting trend towards purchasing cooking appliances has forced manufacturers to search for alternatives and experiment with new technology and designs. Thus, the product portfolio of such manufacturers has expanded over the last few years. This strategy for product portfolio expansion has created a positive impact on market growth.

Application Outlook:

Household

Commercial

Product Outlook:

Standard

Multifunctional

Induction

In 2018, the standard electric cooker product segment held the largest share exceeding 60% across the global market. This growth can be associated with its salient features like ease of handling and low operational and maintenance cost. In addition, the add-on features like compatibility with dishwashers and microwaves, warm settings, and steaming baskets being provided by manufacturers are anticipated to boost the sales for such products in the upcoming years.

The segment for multifunctional electric cookers is expected to register significant growth with a CAGR of 8.3% during the forecasted years. This growth can be attributed to its multifunctional usage for processes like baking, boiling, steaming, and baking. Moreover, features like electronic LCD display, programmable settings, countdown timers, portability, and removable power cords are expected to drive market growth in the upcoming years.

Distribution Channel Outlook:

Offline

Online

Regional Outlook:

In 2018, Asia Pacific accounted for the market share exceeding 58% across the global electric rice cooker market. This growth can be attributed to the fact that many countries like India, China, and Japan have rice as their staple food. Europe is anticipated to register a CAGR of 7.9% during the forecasted years. This growth can be attributed to the presence of key players in the cooking appliances industry.

Browse Related Category Research Reports @ https://industryanalysisandnews.wordpress.com/

[industryprobe31]

Rapid Urbanization and Rise is Safety Awareness to Drive Global Induction Cooktops Market

“Induction Cooktops Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2028” is an upcoming market research report added by the analysts at Industry Probe. Induction cooktops market report offers existing driving and limiting factors, consumer behavior & trends, and scope for opportunities that can help the strategists and companies.                

The report is a result of a thorough secondary research as well as interviews with industry experts. Therefore, numbers are as close to accurate as they get and the information accessible in the report on the induction cooktops market is easy to comprehend. Industry Probe analysts have included some of the major players operating in the induction cooktops market along with information about revenue, strengths, opportunities, segmentation, competitive landscape and regional presence of the market players.    

Want to win in new markets by identifying right opportunities, Read More about : https://industryprobe.com/industry-analysis/Induction-Cooktop-Market

As per the report from Industry Probe, the demand for induction cooktops is boosting high consumption rate in the upcoming years. Factors, such as rapid urbanization and rise in safety awareness among consumers to opt for efficient kitchen appliances, are anticipated to drive the demand for induction cooktops market. Absence of open flames, induction cooktops are safer than LPG cylinders and this factor is expected to fuel the growth of the induction cooktops market. Consumers are opting for induction cooktops as an alternative option, as price for conventional cooking fuel is rising.

The report has segregated the global induction cooktops market can be segmented based on product type, size, power, surface, application, distribution channel, and region. Based on product type, the global induction cooktops market can be classified into freestanding induction cooktops and integrated induction cooktops. Based on power, the induction cooktops market can be categorized into less than 5 KW, between 5-10 KW, and more than 10 KW. Based on surface, the global induction cooktops market can be classified into flat surface induction cooktops and concave surface induction cooktops. In terms of application, the global induction cooktops market can be segregated into household and commercial. Commercial induction cooktops segment is further divided into cafes, hotels, restaurants, and others.

About Us

Industry Probe is a global market intelligence and advisory firm with an unwavering purpose to help businesses achieve strategic objectives through a varied range of offerings. Based on a unique amalgamation of our big data technology and human intelligence, our services are dedicated to serve the businesses operating in the consumer goods and industrial machinery sectors. Our offerings comprises syndicated research, strategic consulting & advisory services, competitive intelligence, and full time engagement to bring true & actionable insights into our clients’ business environment. Combining research & technology adoption, playing the perfect mix of the best data, and centered on consumer goods & industrial machinery sectors, Industry Probe believes in targeting one industry at a time.

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[trendingfact]

Household Cooking Appliances Market: Is Estimated To Rise In The Near Future 2026

According to a new market report published by Transparency Market Research titled Household Cooking Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2026, the global household cooking appliances market is expected to reach a value of US$ 110.58 Bn by 2026. In terms of value, the market is estimated to expand at a CAGR of 6.1% during the forecast period from 2018 to 2026. Increasing number of working women, and rising purchasing power and disposable income of consumers is expected to drive the market growth of household cooking appliances over the forecast period. Increasing preferences of consumers for energy-efficient alternatives rather than gas and electric devices and rising technological development of smart equipment for cooking food is also projected to boost the market growth in the coming years.

Rising living standards have influenced consumers to opt for better designed and smart appliances in their kitchen which further positively influences the demand for household cooking appliances. Increasing trend of nuclear families and stability in terms of finance encourages consumers to invest in cooking appliances with enhanced technology, thus increasing their demand.

To understand how our report can bring a difference to your business strategy, Buy Now https://www.transparencymarketresearch.com/checkout.php?rep_id=440&ltype=S

Cooktops and cooking ranges segment is expected to hold the largest market share in terms of revenue and is also projected to grow steadily over the forecast period. This is due to introduction of smart equipment or IoT enabled equipment across the range which can be directly controlled by smartphones. In cooktops & cooking ranges, gas cooktops are anticipated to witness enormous growth in coming years due to their ability of regulating temperature instantly. The preference of consumers for energy efficient technology to cook food is expected to influence the increased demand for induction cooktops over the forecast period. Furthermore, increasing awareness about the benefits of induction cooktops such as easy installation and handling, minimal risk, effective management of heat, simplified cleaning process, and cost efficiency are expected to spur the demand for household cooking appliances over the forecast period.

Demand for ovens is also expected to increase in the near future due to the availability of a variety of ovens with high capacity. Ovens are projected to witness a moderate growth rate during the forecast period due to the presence of innovative products equipped with easy control panels and auto program to enhance their usability and to meet the consumer demand. In the foreseeable years, manufacturers of microwave ovens in different parts of the world are likely to boost their use by addressing the changing requirements of food processing and the food service industry.

Request For COVID19 Impact Analysis Across Industries And Markets - Household Cooking Appliances Market

The household cooking appliances market in Asia Pacific is expected to witness the highest growth over the forecast period due to the changing lifestyle, higher disposable income, coupled with greater affordability which has increased the demand for household cooking appliances in the region. The market in the region is expected to witness growth at a CAGR of 6.9% in terms of revenue during the forecast period.

In Asia Pacific, cooktops & cooking ranges are expected to have substantial growth over the forecast period. The growth is attributed to the major adoption of gas cooktops across the urban as well as rural sector. The region comprises more of middle class consumers; therefore, gas cooktops are expected to have high demand during the forecast period. Among the countries of Asia Pacific, China is anticipated to dominate the household cooking appliance market over the forecast period. As the electronics industry has been a pillar of success in China, the country is known for producing electronics and smart devices at a massive scale. Low labor cost and a sizeable customer base gives China a high attractiveness index.

Countries such as India and Japan are projected to have a considerable growth rate during the forecast period due to the growing number of households and their attraction toward household cooking appliances. The consumer durables industry in India and Japan has witnessed considerable change in the past couple of years.

Some of the major players in the global household cooking appliances market are Electrolux AB, Haier Group Corporation, Hitachi, Ltd., Koninklijke Philips N.V., LG Electronics Inc., Midea Group, Miele & Cie. KG, Robert Bosch GmbH, Samsung Group, and The Whirlpool Corporation.

More Trending Reports by Transparency Market Research –  

Air Cargo Market https://www.prnewswire.com/news-releases/air-cargo-market-to-expand-at-a-cagr-of-4-9-by-2025--due-to-growing-effective-options-for-goods-transportation-noted-tmr-300839626.html

[gomarketresearchstuff]

Household Cooking Appliances Market

According to a new market report published by Transparency Market Research titled Household Cooking Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2026, the global household cooking appliances market is expected to reach a value of US$ 110.58 Bn by 2026. In terms of value, the market is estimated to expand at a CAGR of 6.1% during the forecast period from 2018 to 2026. Increasing number of working women, and rising purchasing power and disposable income of consumers is expected to drive the market growth of household cooking appliances over the forecast period. Increasing preferences of consumers for energy-efficient alternatives rather than gas and electric devices and rising technological development of smart equipment for cooking food is also projected to boost the market growth in the coming years.

Rising living standards have influenced consumers to opt for better designed and smart appliances in their kitchen which further positively influences the demand for household cooking appliances. Increasing trend of nuclear families and stability in terms of finance encourages consumers to invest in cooking appliances with enhanced technology, thus increasing their demand.

Cooktops and cooking ranges segment is expected to hold the largest market share in terms of revenue and is also projected to grow steadily over the forecast period. This is due to introduction of smart equipment or IoT enabled equipment across the range which can be directly controlled by smartphones. In cooktops & cooking ranges, gas cooktops are anticipated to witness enormous growth in coming years due to their ability of regulating temperature instantly. The preference of consumers for energy efficient technology to cook food is expected to influence the increased demand for induction cooktops over the forecast period. Furthermore, increasing awareness about the benefits of induction cooktops such as easy installation and handling, minimal risk, effective management of heat, simplified cleaning process, and cost efficiency are expected to spur the demand for household cooking appliances over the forecast period.

PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=440

Demand for ovens is also expected to increase in the near future due to the availability of a variety of ovens with high capacity. Ovens are projected to witness a moderate growth rate during the forecast period due to the presence of innovative products equipped with easy control panels and auto program to enhance their usability and to meet the consumer demand. In the foreseeable years, manufacturers of microwave ovens in different parts of the world are likely to boost their use by addressing the changing requirements of food processing and the food service industry.

Furthermore, specialized appliances such as toasters, mixers, food processors, and blenders are also considered as essential appliances. Almost all consumers own these special appliances for their daily chores in the kitchen. Therefore, the volume share of specialized appliances is more compared to the volume of ovens.