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Built-in Kitchen Appliance Market Trends

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

Built-in Kitchen Appliance Market Trends

There is a noticeable surge in demand from the food industry, as culinary preferences diversify and consumers become more inclined towards home-cooked meals, the food industry is increasingly investing in state-of-the-art built-in kitchen appliances to enhance efficiency and productivity. This demand is not only attributed to the commercial sector but also extends to residential kitchens, where homeowners aspire to replicate professional-grade cooking experiences.
 

Additionally, the integration of advanced technology is reshaping the landscape of built-in kitchen appliances. Smart features, touch controls, and connectivity options have become standard offerings, providing users with convenience and control. The integration of cutting-edge technologies not only enhances the performance of these appliances but also aligns them with the broader trend of creating smart homes, where interconnected devices conduct daily tasks for a seamless user experience.

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.

Built-in Kitchen Appliance Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 180
  • Countries covered: 20
  • Pages: 284
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