The North America kitchen appliances market is anticipated to grow with a considerable CAGR of 5.9% during the forecast period (2020-2026). The growth of the market across the region is attributed to the rising demand for advanced feature facilitated kitchen appliances in the categories including connected and built-in kitchen appliances. The North American region is experiencing significant demand from the premium category of kitchen appliances. Additionally, the rising awareness and high penetration of technologies such as wireless networks, Wi-Fi systems, Bluetooth, and others are also driving the consumer inclination towards the replacement of traditional kitchen appliances with smart kitchen appliances. This, in turn, is expected to significantly aid in the growth of the market across the region during the forecast period.
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Moreover, the high purchasing power coupled with increased brand awareness is expected to fuel the market. The region also has a strong presence of the leading market players such as Whirlpool Corp., Koninklijke Philips N.V., LG Electronics Inc., General Electric Co., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., among others. Furthermore, expected growth in the building & construction sector will also providing new growth opportunities to the kitchen appliance market. Besides, the increasing penetration of e-commerce channels among people’s life is also driving the kitchen appliance market growth.
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- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Countries Covered-
- Segment Covered-
o By Product Type
o By Application
o By Distribution Channel
- Competitive Landscape- Samsung Electronics, Robert Bosch GmbH, LG Electronics Inc., Panasonic Corp., Whirlpool Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
North America Kitchen Appliances Market Report Segment
By Product Type
- Mixer & Juicer and Food Processors
- Stove & Hobs
- Water Purifier
- Coffee Machines
By Distribution Channel
- Online Channel
- Offline Channel
North America Kitchen Appliance Market Segment by Region
- The US
· Dyson Ltd.
· Electrolux AB
· General Electric Co.
· Koninklijke Philips N.V.
· Robert Bosch GmbH
· Haier Group Corp.
· Hitachi, Ltd.
· LG Electronics Inc.
· Panasonic Corp.
· Samsung Electronics Co. Ltd.
· Viking Range, LLC
· Welbilt Inc.
· Whirlpool Corp.
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