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Europe Kitchen Small Electronic Appliances Market Trends

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

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Europe Kitchen Small Electronic Appliances Market Trends

European consumers are increasingly selecting kitchen appliances that harmonize with contemporary interior design, emphasizing both visual appeal and performance. This trend is evident in the growing demand for sleek, minimalist designs featuring neutral color palettes, predominantly in stainless steel, black, or white finishes. According to a 2022 report by the European Home Appliance Industry (APPLiA), sales of premium kitchen appliances in Europe grew by 7.5% year-over-year, with design-focused models accounting for 35% of total sales. The report also noted a 12% increase in consumer preference for appliances with customizable finishes to match kitchen decor.

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.