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North America Kitchen Small Electronic Appliances Market Trends

Report ID: GMI12118
Published Date: Nov 2024
Report Format: PDF

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North America Kitchen Small Electronic Appliances Market Trends

Urbanization and the rise of smaller living spaces are driving demand for compact, space-efficient kitchen appliances that maximize functionality without taking up much room. Many brands are responding with streamlined, minimalist designs tailored for smaller kitchens yet retaining high performance. Alongside this trend, the mainstreaming of smart home technology has spurred interest in appliances with smart capabilities.

Consumers increasingly seek Wi-Fi-enabled ovens, app-controlled coffee makers, and voice-activated devices compatible with virtual assistants like Alexa and Google Assistant, offering both convenience and enhanced control tailored to modern, connected lifestyles. For instance, LG’s line of ThinQ smart kitchen appliances includes Wi-Fi-enabled ovens and refrigerators that integrate with Google Assistant and Alexa.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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 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 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