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 |
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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.
Increasing adoption rate of smartphones among consumers across the globe due to their changing lifestyle is likely to remain an important driving factor for global power banks market. Smartphones have been ruling the emerging markets such as India, China, and Brazil etc. as the technologies are becoming cheaper, also the market expects to be successful in emerging markets where there is a lack in the power grids.
The market growth is projected to rely on developing markets as the other developed markets such as North America, Japan, and Western Europe has reached satiety. A power bank would keep the devices up and running at all the times.
Power bank would give uninterrupted access to use the social network, instant messaging on the internet, playing games, GPS, booking tickets for the train, bus and airline without making the consumer stand in the long queues. Mobile consumer-electronic devices, especially smartphones, get power from batteries which have a limited city.
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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