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Europe Kitchen Small Electronic Appliances Market Analysis

  • Report ID: GMI12208
  • Published Date: Nov 2024
  • Report Format: PDF

Europe Kitchen Small Electronic Appliances Market Analysis

Based on product type, the market is classified into cooking appliances, food preparation appliances, specialty appliances and others (heating appliances etc.). Cooking appliances dominated the market in 2023, acquiring a market of USD 7.7 billion and is expected to grow at a CAGR of 5.1% from 2024-2032. The rise in home-cooking trends, fueled by increased health consciousness and the popularity of meal preparation at home over dining out. Advanced cooking appliances, like smart ovens, induction cooktops, and multi-functional air fryers, have gained substantial consumer interest for their ease of use and ability to create a wide range of meals efficiently.
 

Europe Kitchen Small Electronic Appliances Market Share, By End-user, (2023)

Based on End-User, the Europe kitchen small electronic appliances market is segmented into Residential and Commercial. The Residential segment dominated the market in 2023 by acquiring a market share of 75% and is expected to grow at a CAGR of 4.9% during the forecast period from 2024-2032. The progression of urbanization and smaller living spaces has led consumers to seek compact, multifunctional appliances that enhance cooking efficiency without sacrificing space. Coupled with the integration of smart technology in these appliances, which caters to tech-savvy homeowners, the residential segment is poised for continued expansion as it aligns with evolving consumer preferences for convenience, health, and modern living.
 

Germany Kitchen Small Electronic Appliances Market Size, 2032 (USD Billion)

The Germany accounted for USD 4.2 billion of market in 2023 and is expected to grow at a CAGR of 5.4% during the forecast period from 2024-2032. The market’s evolution is fueled by Germany's affluent consumer base, which prioritizes premium, aesthetically appealing appliances that align with modern kitchen designs. Additionally, the country's robust e-commerce infrastructure and preference for quality and durable products contribute to sustained progress in this sector.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The Europe kitchen small electronic appliances industry was valued at USD 18.3 billion in 2023 and is anticipated to register a CAGR of over 4.8% between 2024 and 2032, driven by the increasing demand for energy-efficient and eco-friendly products.

Cooking appliances dominated the market in 2023, acquiring a valuation of USD 7.7 billion, and are expected to grow at a CAGR of 5.1% from 2024 to 2032, fueled by the rise in home-cooking trends and increased health consciousness.

Germany accounted for USD 4.2 billion of the market in 2023 and is expected to grow at a CAGR of 5.4% during the forecast period from 2024 to 2032, driven by an affluent consumer base that prioritizes premium, aesthetically appealing appliances.

Key players in the sector include Beko, Bosch, Braun, De'Longhi, Electrolux, Kenwood, KitchenAid, Miele, Panasonic, Philips, Russell Hobbs, and Siemens.

Europe Kitchen Small Electronic Appliances Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 225
  • Countries covered: 10
  • Pages: 225
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