The global household cooking appliances market is projected to reach around US$ 126.54 Billion by the end of 2030, in terms of revenue, growing at CAGR of 5.5% during the forecast period (2023-2030).
Figure 1. Global Household Cooking Appliances Market Share (%) in terms of Value, By Region, in 2022
Figure 2. Global Household Cooking Appliances Market Share (%) in terms of Value, By Product Type, in 2022
Market Trends-
Modern food consumption is one of the current trends in the market. Modern cooking require baking, grilled, and reheating, which is driving the demand for advanced cooking appliances such as microwaves. Less time spent in microwaves and reduce the energy cost is one of the other major factors driving demand for household cooking appliances.
Strategic partnerships and agreements among the key players for market expansion on the regional as well as the global levels are popular market trends.
Household Cooking Appliances Market Report Snapshots
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