Semiconductors & Electronics Industry Kitchen Appliances Market Insights, 2024
Hexa Research
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Kitchen Appliances Market Share, Size, Analysis, Growth, Trends and
Forecasts, 2016 to 2024 | Hexa Research
The global kitchen appliances market was estimated at around USD 179 billion in 2015.
Energy and cost efficient products can gain revenue share due to government initiative to
conserve electricity consumption.
Rise in fast-paced modern lifestyle, dual income households, growing preference for
modular kitchen are expected to drive the demand of kitchen appliances. Moreover, rapid
urbanization and product upgrade can also contribute to market growth.
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Increasing electricity costs and government focus to spread awareness about energy
consumption can promote environment friendly and energy efficient products. Health
conscious and geriatric population requires kitchen appliances that require less oil. The
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