Kitchen Appliances Market

Kitchen Appliances Market Size

The global kitchen appliances market was estimated at USD 291.3 billion in 2024. The market is expected to grow from USD 308.6 billion in 2025 to USD 499.2 billion in 2034, at a CAGR of 5.5%.

Awareness towards hygiene products and services is augmenting the market for kitchen appliances. This appetite has been further boosted by the pandemic focus on health and hygiene. There is an increase in health consciousness among consumers which encompasses the cleaning and sanitizing of garments, thus, creating a higher demand for cleaning appliances.

This increased focus also aided in the consumption of highly formulated laundry sanitizing detergents marketed towards germs, bacteria, and viruses. Thus, according to the American Cleaning Institute (ACI), the consumption of laundry care products has increased by around 30% in the post pandemic era and continues growing. The ramped-up concern currently observed, especially towards health, is necessitating a shift in the design of kitchen appliances. Companies have also blended new advanced products with features like antimicrobial, allergen-free, and stain removing appliances.

Moreover, there is emerging range of formulation for sensitive skin and other specialty hygiene feature active antibacterial skin care products. All these factors address user demands. Above all, these innovations allow the companies to position themselves as market leaders in health-oriented laundry solutions and further increases the health of the market. AISE disclosed in 2023 that over 60% of new entries in the laundry care category came with some form of a health claim; it seems the industry is on the path to more effective and safer health-oriented laundry products. Both retail and wholesale clients are now willing to buy hypoallergenic or some advanced types of laundry detergents.

As everyone is now trying to protect and shield their environment, people tend to get better results from their kitchen appliances. This change in consumer spending has similarly accelerated the growth of the super-premium and specially branded kitchen appliances whose economic value is high but is of great benefit to those that value superior hygiene and protection. According to the latest report of the Household and Commercial Products Association (HCPA), the premium category of kitchen appliances reported a 23% increase in sales volume in 2023. These trends show the changes which are occurring in the market indicating that these consumers respect hygiene and health.

Kitchen Appliances Market Trends

• The It is quite visible that the trends in the market for home appliances have changed because of new smart technologies. There is an increase in expenditure in the home automation sector and the demand for smart kitchen appliances is also rising. Features like Bluetooth, automated sensors, and voice control are becoming common and more advanced appliances are being produced. An example is Samsung Electronics which disclosed on May 2024 that it has integrated WiFi voice assistance, an internal camera, and cloud connection into the new set of appliances, thus turning them into smart appliances, thereby propelling the market growth in the forecast period.
  

Kitchen Appliances Market Analysis

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• The kitchen appliances market by product type is segmented into large kitchen appliances and small kitchen appliances.
  
• Large kitchen appliances held the dominant market of USD 155.7 billion in 2024 and is expected to reach USD 284.8 billion by 2034.
  
• The demand for larger kitchen appliances stems from their indispensable functions in the kitchen. They include refrigerators, dishwashers, ovens and other cooking appliances, which are meant to ensure that the consumer has a comfortable cooking experience. These large kitchen appliances may be expensive, but people view them as a long-term investment which makes their ROI much higher. These appliances come with advanced features that attract consumers who want better, quicker, and more efficient cooking methods. In a nutshell, big kitchen appliances tend to be the most important in satisfying the diverse consumer needs that help accelerate growth in the kitchen appliances industry.
  

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• The kitchen appliances market by type is segmented into smart and conventional.
  
• The conventional segment accounted for a market share of around 83.8% in 2024 and is projected to grow by 5.2% CAGR in the forecast period of 2025-2034.
  
• Conventional type appliances include refrigerators, ovens, and stoves. These kitchen appliances are customarily used by most consumers. However, there is a shift towards the adoption of smart kitchen appliances. Traditional kitchen appliances are still at the forefront because of their reliability and performance in kitchen tasks.
  
• Conventional appliances have a greater level of durability and a wider market base. While various manufacturers are trying to add smart technologies, the market still seems to be leaning more towards the convenience and reliability of conventional appliances. There is continued focus on innovation in style and energy efficiency to meet the growing demand for modern kitchen appliances.
  

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• In the U.S., the kitchen appliances market is growing at a rate of 5.4% each year. This growth is further driven by innovation, as smart technologies are being incorporated into kitchen appliances, which appeal to consumers and boost the market.
  
• Germany is one of the major countries in the European region's market and is growing at a rate of 5.8% each year. There is substantial appreciation in the country for technologically sophisticated appliances. The broader region also stimulates innovation from the manufacturers to introduce new appliances to meet its increasing demand.
  
• In China, the kitchen appliances market is growing at a rate of 6% each year. With a further expanding base of middle-class consumers with reasonably high spending power, this demographic makes China a significant market for kitchen appliances. China is also notorious for being a cheaper hub for appliances systems which greatly reduces production costs. The smart features and energy efficient systems incorporated into appliances require significant expenditure on research and development which China manufacturers spend heavily. In conclusion, a combination of strong consumer base alongside high technology in China enables growth in the market.
  

Kitchen Appliances Market Share

The global kitchen appliances industry is fragmented, with prominent players, such as Electrolux AB, Lg electronics, Samsung electronics, Robert Bosch Gmbh and whirlpool corporation holding a market share of 25%-30%.

• In the kitchen appliances market, LG has the largest share due to its comprehensive product portfolio.
  
• To this day, LG Electronics maintains a large share of the kitchen appliance market thanks to the company’s global and well-known brand that focuses on innovation, reliability, and energy efficiency. This brand is always investing in advanced technology as seen with InstaView™ Door-in-Door refrigerators, SmartThinQ connectivity, and inverter linear compressors which are produced by the company. LG’s appliances are easily recognizable because of their sleek modern aesthetics and advanced energy-saving technologies which appeal to consumers.
  

Kitchen Appliances Market Companies

Major players operating in the kitchen appliances industry are:

• BSH Home Appliances Group
• Electrolux AB
• Groupe SEB
• Haier Group Corporation
• HISENSE Group
• Hitachi Appliances Inc.
• LG Electronics
• Midea Group Co., Ltd.
• Panasonic Corporation
• Robert Bosch Gmbh
• Samsung electronics
• Sharp Corporation
• Toshiba Corporation
• Voltas
• Whirlpool corporation          
  

Kitchen Appliances Industry News

• The Samsung Bespoke AI Home Appliances have been unveiled at the ‘Welcome to BESPOKE AI’ Global Launch Event. These products are laden with multi-faceted convenience as they support Wi-Fi connectivity, internal cameras, AI chips, and work with the SmartThings Application. This sets the stage for a true smart home.
  
• In April 2024, Haier India is set to unveil a new vogue series which will have focus on aesthetics. The line features various models including 2-door convertible side-by-side and top and bottom mount refrigerators to stylize the kitchen decor.
  
• In 2024, Kitchen and Bath Industry Show (KBIS), Sharph revealed that they plan on putting greater focus on improving living tech. The company plans to expand upon the dining sections of homes by offering new smart kitchen devices, hence reimagining the heart of the home.
  

This kitchen appliances market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and volume (Million units) from 2021 to 2034, for the following segments:

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Market, By Product Type

• Large Kitchen Appliances
  • Cooking Appliances
  • Refrigerator
  • Dishwasher
  • Ovens
  • Others (Range hood, etc.)
• Small Kitchen Appliances
  • Coffee Makers
  • Blenders
  • Food Processors
  • Toasters
  • Juicers
  • Electric Kettles
  • Electric Deep Fryers
  • Others

Market, By Type

• Smart
• Conventional

Market, By Price

• Low
• Medium
• High

Market, By Installation

• Indoor
• Outdoor

Market, By End Use

• Residential
• Commercial
• Restaurants
• Hotels
• Cafeterias
• Catering services
• Retail
• Others (Institutional kitchens, etc.)

Market, By Distribution channel

• Online 
• E-Commerce Site
• Company Website
• Offline 
• Specialty Stores
• Individual Stores
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • Saudi Arabia
  • UAE
  • South Africa