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Based on product type, the market is classified into Cooking Appliances, Food Preparation Appliances, Specialty Appliances and Others (Heating Appliances etc.). The cooking appliances segment dominated the market in 2023, acquiring a market of USD 8.7 billion and is expected to grow at a CAGR of 5.5% during the forecast period. The market's dominance is driven by the rising trend of home cooking, fueled by health consciousness. This shift has increased demand for versatile cooking appliances. Simultaneously, technological advancements have introduced smart appliances with enhanced features and connectivity, appealing to modern consumers.
Based on End-User, the North America 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 expand at a CAGR of 5.3% through 2032. This dominance is largely driven by the increasing trend of home cooking and the rising focus on convenience among consumers. As more individuals and families opt to prepare meals at home due to health, budgetary, and lifestyle considerations, the demand for small kitchen appliances like blenders, coffee makers, and air fryers has surged.
The U.S kitchen small electronic appliances market accounted for USD 19.1 billion in 2023 and is projected to witness 5.2% CAGR till 2032. The increasing focus on health and wellness has led to a surge in demand for kitchen appliances that facilitate healthier cooking options, such as air fryers and blenders. Additionally, the widespread adoption of smart home technology has further boosted market growth, as U.S. consumers increasingly seek appliances that offer convenience, energy efficiency, and advanced connectivity features.
The residential segment held a 75% market share in 2023 and is expected to expand at a CAGR of 5.3% through 2032, led by the increasing trend of home cooking and the rising focus on convenience among consumers.
The market size for kitchen small electronic appliances in North America reached USD 22.8 billion in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032, driven by a shift in consumer priorities towards convenience, efficiency, and technology integration.
The U.S. market accounted for USD 19.1 billion in 2023 and is projected to witness a 5.2% CAGR till 2032, propelled by the increasing focus on health and wellness and the widespread adoption of smart home technology.
The key players in the industry include Black+Decker, Blendtec, Breville, Cuisinart, De