Global Household Cooking Appliance Market Size & Outlook

The household cooking appliance industry worldwide is expected to reach a projected revenue of US$ 380,550.0 million by 2030. A compound annual growth rate of 6.1% is expected of the worldwide household cooking appliance industry from 2024 to 2030.
Revenue, 2023 (US$M)
$252,090.0
Forecast, 2030 (US$M)
$380,550.0
CAGR, 2024 - 2030
6.1%
Report Coverage
Worldwide

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 2023USD 252.1 billion
Market revenue in 2030USD 380.6 billion
Growth rate6.1% (CAGR from 2023 to 2030)
Largest segmentCooktops & cooking ranges
Fastest growing segmentOvens
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationCooktops & 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 Companies

Name Profile # Employees HQ Website

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.


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.

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Target buyers of Global household cooking appliance market databook

  • Our clientele includes a mix of household cooking appliance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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)

Global household cooking appliance market size, by regions, 2018-2030 (US$M)

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