Europe Household Cooking Appliance Market Size & Outlook
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Europe household cooking appliance market highlights
- The Europe household cooking appliance market generated a revenue of USD 68.8 billion in 2023.
- The market is expected to grow at a CAGR of 5.1% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 68.8 billion |
| Market revenue in 2030 | USD 97.4 billion |
| Growth rate | 5.1% (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 |
| 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, Europe region accounted for 27.3% 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 Scope
Household Cooking Appliance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Haier Electronics Group | View profile | 10001+ | Central, Hong Kong Island, Hong Kong, Asia | http://www.haier.hk/ |
| Smeg | View profile | 251-500 | Guastalla, Emilia-Romagna, Italy, Europe | https://www.smeg.com/ |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
Europe 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 45.35% in 2023. Horizon Databook has segmented the Europe 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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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 continent-level data and insights on the Europe household cooking appliance market , including forecasts for subscribers. This continent databook contains high-level insights into Europe household cooking appliance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe household cooking appliance market size, by country, 2018-2030 (US$M)
Europe Household Cooking Appliance Market Outlook Share, 2023 & 2030 (US$M)
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