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Built-in Kitchen Appliance Market Size
- Report ID: GMI7768
- Published Date: Jan 2024
- Report Format: PDF
Built-in Kitchen Appliance Market Size
Built-in Kitchen Appliance Market size was valued at USD 17.97 billion in 2023 and is anticipated to register a CAGR of over 4.8% between 2024 and 2032. Built-in Kitchen Appliance is an appliance which is built in the kitchen walls or cabinetry providing a seamless and integrated look for modern kitchens.
They cannot be relocated as they are permanently installed in the kitchen. They are gaining popularity among the consumers because of their sleek and minimalist designs and are easy to keep tidy and clean. They have fewer spaces where dirt and dust can settle in due to their seamless construction, which makes it easier to clean and more hygienic.
The built-in kitchen appliances market is propelled by the surge in disposable incomes, which has fueled a growing demand for high-end, integrated kitchen solutions that not only enhance functionality but also add a touch of sophistication to modern homes. Additionally, the increasing need for compact space in urban residences has driven homeowners to opt for built-in appliances, maximizing efficiency and aesthetics. The rising adoption of smart home technology further propels this market, as consumers seek kitchen ecosystems that offer convenience and seamless control. Moreover, the emphasis on sustainability and energy efficiency has boosted the popularity of built-in kitchen appliances, as these products often incorporate advanced technologies to minimize environmental impact, aligning with the eco-conscious preferences of today's consumers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Built-in Kitchen Appliance Market Size in 2023: | USD 17.97 billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 4.8% |
| 2032 Value Projection: | USD 27.42 billion |
| Historical Data for: | 2018 – 2023 |
| No. of Pages: | 284 |
| Tables, Charts & Figures: | 180 |
| Segments covered: | Product type, End-Use, Distribution channel, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The high prices associated with built-in appliances, which often exceed the cost of their separate counterparts is one of the major restraints of this market. This pricing difference can discourage consumers and limit the market's accessibility. Additionally, built-in kitchen appliances pose a challenge in terms of repairability when compared to freestanding counterparts. The intricate integration of built-in appliances within cabinetry and countertops can make repairs more complex.
Frequently Asked Questions (FAQ) :
Built-in Kitchen Appliance Market Scope
