China Household Cooking Appliance Market Size & Outlook
China household cooking appliance market, 2018-2030 (US$M)
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China household cooking appliance market highlights
- The China household cooking appliance market generated a revenue of USD 37.7 billion in 2023 and is expected to reach USD 58.0 billion by 2030.
- The China market is expected to grow at a CAGR of 6.3% 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.
Household cooking appliance market data book summary
| Market revenue in 2023 | USD 37.7 billion |
| Market revenue in 2030 | USD 58.0 billion |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Cooktops & cooking ranges |
| Fastest growing segment | Ovens |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Cooktops & Cooking Ranges, Ovens, Specialized appliances |
| Key market players worldwide | Electrolux 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, China accounted for 15.0% of the global household cooking appliance market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China household cooking appliance market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 20.8 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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China 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 46.95% in 2023. Horizon Databook has segmented the China 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 China household cooking appliance market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 country-level data and insights on the China household cooking appliance market , including forecasts for subscribers. This country databook contains high-level insights into China household cooking appliance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China household cooking appliance market size, by product, 2018-2030 (US$M)
China Household Cooking Appliance Market Outlook Share, 2023 & 2030 (US$M)
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