Asia Pacific Household Cooking Appliance Market Size & Outlook

The household cooking appliance market in Asia Pacific is expected to reach a projected revenue of US$ 155,950.0 million by 2030. A compound annual growth rate of 7.1% is expected of Asia Pacific household cooking appliance market from 2024 to 2030.
Revenue, 2023 (US$M)
$96,440.0
Forecast, 2030 (US$M)
$155,950.0
CAGR, 2024 - 2030
7.1%
Report Coverage
Asia Pacific

Asia Pacific household cooking appliance market highlights

  • The Asia Pacific household cooking appliance market generated a revenue of USD 96.4 billion in 2023.
  • The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, cooktops & cooking ranges was the largest revenue generating product in 2023.
  • Ovens is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 96.4 billion
Market revenue in 2030USD 156.0 billion
Growth rate7.1% (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
Key market players worldwideElectrolux AB ADR, Haier Electronics Group, Koninklijke Philips NV, LG Electronics Inc ADR, Robert Bosch Engineering & Business Solutions, Samsung Electronics Co Ltd, Smeg, Whirlpool Corp, Panasonic Holdings Corp


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 38.3% of the global household cooking appliance market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 25.8 billion by 2030.

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Household Cooking Appliance Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 46.27% in 2023. Horizon Databook has segmented the Asia Pacific 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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Target buyers of Asia Pacific 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific household cooking appliance market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific household cooking appliance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific household cooking appliance market size, by country, 2018-2030 (US$M)

Asia Pacific Household Cooking Appliance Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific household cooking appliance market size, by country, 2018-2030 (US$M)

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