Kitchen Appliances Market | Exclusive Report on Growth Opportunities in the Industry 2027 | AMR

February 26, 2025 06:38 AM PST | By EIN Presswire

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The Kitchen Appliances market size is expected to reach $377.70 Billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.

In 2019, based on product type, the refrigerator segment accounted for around higherKitchen Appliances market share, growing at a CAGR of 5.60% from 2020 to 2027.”

— Allied Market Research

WILMINGTON, DE, UNITED STATES, February 26, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research,the global kitchen appliances market generated $237.3billion in 2019, and is estimated to reach $377.7billion by 2027, registering a CAGR of 6.0% from 2020 to 2027.The report offers anextensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Growing technological advancement in development of kitchen appliances and rise in lifestyle standards of people due to significant increase in disposable incomedrive the growth of the global kitchen appliances market.However,higher rate of electricity consumption restrainsthe market growth. Furthermore,growing adoption of smart kithchen appliances and availability of quality product at reasonable pricesare expected to provide new growth opportunitiesfor the market player in near future.

The report offers a detailed segmentation of the global kitchen appliances market based onproduct type,user application, product structure, distribution channel,and region.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐎𝐟 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.alliedmarketresearch.com/request-sample/648

Based on product type, the refrigerator segmentcontributed to the largest share in 2019, accounting formore than two-fifths of the total share, and is estimated to maintain its dominant position during the forecast period. However, thedishwasher segmentis estimated to portray the highest CAGR of 7.6% during the forecast period.

Based on application, the household segment accounted for the largest share in 2019, holding nearly three-fifthsof the total share, and is expected to maintain the largest share throughout the forecast period. However,the commercial segmentis expected to register the highest CAGR of 6.6% from 2020 to 2027.

𝐒𝐞𝐧𝐝 𝐌𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐞@ https://www.alliedmarketresearch.com/purchase-enquiry/648

Based on region,North Americacontributed the highest share, accounting fornearly one-thirdof the total market share in 2019, and will maintain its dominance throughout the forecast period.However,Asia-pacificisexpected to grow at the highest CAGR of 7.1% from 2020 to 2027.

Leading market players analyzed in the research include Whirlpool
Electrolux
Philips
Samsung
Dacor
Morphy Richards
Life is Good (LG)
General Electric (GE)
Panasonic
Haier

𝐇𝐚𝐯𝐞 𝐚 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐚𝐧𝐝 𝐆𝐨𝐨𝐝𝐬 𝐃𝐨𝐦𝐚𝐢𝐧:
𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐄𝐯𝐞𝐧𝐭𝐬 𝐀𝐧𝐝 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/discount-events-and-experiences-market-A15680

𝐊𝐢𝐭𝐜𝐡𝐞𝐧 𝐒𝐢𝐧𝐤𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/kitchen-sinks-market-A16899

𝐎𝐮𝐭𝐝𝐨𝐨𝐫 𝐊𝐢𝐭𝐜𝐡𝐞𝐧 𝐂𝐚𝐛𝐢𝐧𝐞𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/outdoor-kitchen-cabinets-market-A06575

Davin Correa
Allied Market Research
+1 8007925285
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