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Built-in Kitchen Appliance Market Share

Report ID: GMI7768
Published Date: Jan 2024
Report Format: PDF

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Built-in Kitchen Appliance Market Share

In 2023, dominant market players, including BSH Hausgeräte GmbH, Whirlpool corporation, Electrolux, and LG Electronics collectively held a total of 52% market share. Industry leaders in this market are aggressively pursuing strategic initiatives to stay ahead of the curve. These initiatives include mergers and acquisitions, facility expansions, and strategic partnerships, all aimed at expanding product portfolios, reaching new customers, and solidifying market presence.

Built-in Kitchen Appliance Market Companies

Major players operating in the built-in kitchen appliance industry include:

BSH Hausgerate GmbH
Electrolux
LG Electronics
Whirlpool Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The built-in kitchen appliance industry was valued at USD 17.97 billion in 2023 and is anticipated to register a CAGR of over 4.8% between 2024 and 2032, driven by surge in disposable incomes and demand for built-in appliances.

The residential segment held a market share of 82.4% in 2023 and is anticipated to grow robustly through 2032 driven by increased spending power in households and rapid urbanization.

North America Built-in Kitchen Appliance market held a revenue share of 37% in 2023 and is poised for steady growth until 2032, fueled by a heightened demand for contemporary and efficient kitchen solutions.

BSH Hausgerate GmbH, Electrolux, LG Electronics, Whirlpool Corporation are some of the major industry contenders.