Global Household Cooking Appliance Market Size & Outlook
Global household cooking appliance market, 2018-2030 (US$M)
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Global household cooking appliance market highlights
- The global household cooking appliance market generated a revenue of USD 252.1 billion in 2023 and is expected to reach USD 380.6 billion by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.1% by 2030.
- In terms of segment, cooktops & cooking ranges accounted for a revenue of USD 116.4 billion in 2023.
- Ovens is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 252.1 billion |
| Market revenue in 2030 | USD 380.6 billion |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Cooktops & cooking ranges |
| Fastest growing segment | Ovens |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Cooktops & Cooking Ranges, Ovens, Specialized appliances |
Other key industry trends
- In terms of revenue, the North America accounted for 21.6% of the global household cooking appliance market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 57.1 billion by 2030.
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Household Cooking Appliance Market Scope
Household Cooking Appliance Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global household cooking appliance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to household cooking appliance market will help companies and investors design strategic landscapes.
Cooktops & cooking ranges was the largest segment with a revenue share of 46.17% in 2023. Horizon Databook has segmented the Global household cooking appliance market based on cooktops & cooking ranges, ovens, specialized appliances covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of household cooking appliance market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global household cooking appliance market , including forecasts for subscribers. This global databook contains high-level insights into Global household cooking appliance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global household cooking appliance market size, by regions, 2018-2030 (US$M)
Top 10 countries: Household cooking appliance market size, 2023 (US$M)
Global household cooking appliance market share, by product, 2023 & 2030 (%, US$M)
Household cooking appliance market: Opportunity assessment by country
Global household cooking appliance market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 53,800.0 | 55,010.0 | 50,100.0 | 51,240.0 | 52,550.0 | 54,500.0 | 56,640.0 | 58,900.0 | 61,250.0 | 63,580.0 | 65,860.0 | 68,070.0 | 70,280.0 | 3.7% |
| Europe | 64,180.0 | 66,330.0 | 61,060.0 | 63,170.0 | 65,540.0 | 68,760.0 | 72,340.0 | 76,180.0 | 80,260.0 | 84,440.0 | 88,670.0 | 92,970.0 | 97,420.0 | 5.1% |
| Asia Pacific | 81,810.0 | 86,170.0 | 80,870.0 | 85,260.0 | 90,170.0 | 96,440.0 | 103,360.0 | 110,940.0 | 119,130.0 | 127,730.0 | 136,680.0 | 146,030.0 | 155,950.0 | 7.1% |
| Latin America | 15,460.0 | 16,380.0 | 15,420.0 | 16,360.0 | 17,380.0 | 18,680.0 | 20,110.0 | 21,690.0 | 23,390.0 | 25,180.0 | 27,060.0 | 29,040.0 | 31,130.0 | 7.6% |
| MEA | 10,120.0 | 11,000.0 | 10,610.0 | 11,520.0 | 12,510.0 | 13,710.0 | 15,060.0 | 16,540.0 | 18,160.0 | 19,890.0 | 21,730.0 | 23,670.0 | 25,770.0 | 9.4% |
| Overall | 225,370.0 | 234,890.0 | 218,060.0 | 227,550.0 | 238,150.0 | 252,090.0 | 267,510.0 | 284,250.0 | 302,190.0 | 320,820.0 | 340,000.0 | 359,780.0 | 380,550.0 | 6.1% |
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