Asia Pacific Kitchen Appliances Market Size & Outlook
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Asia Pacific kitchen appliances market highlights
- The Asia Pacific kitchen appliances market generated a revenue of USD 101,067.3 million in 2019.
- The market is expected to grow at a CAGR of 7.3% from 2020 to 2025.
- In terms of segment, cooking appliances was the largest revenue generating product in 2019.
- Cooking Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2020 to 2025.
Asia Pacific data book summary
| Market revenue in 2019 | USD 101,067.3 million |
| Market revenue in 2025 | USD 153,900.6 million |
| Growth rate | 7.3% (CAGR from 2019 to 2025) |
| Largest segment | Cooking appliances |
| Fastest growing segment | Cooking Appliances |
| Historical data covered | 2012 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Refrigerator, Cooking Appliances, Dishwasher, Range Hood |
| Key market players worldwide | Electrolux AB ADR, Samsung Electronics Co Ltd, Haier Smart Home Co Ltd ADR, LG Electronics Inc ADR, Morphy Richards, Panasonic Holdings Corp, Koninklijke Philips NV, Whirlpool Corp, Robert Bosch Engineering & Business Solutions |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.5% of the global kitchen appliances market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 153,900.6 million by 2025.
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Kitchen Appliances Market Scope
Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Morphy Richards | View profile | 101-250 | Prescot, Lancashire, United Kingdom, Europe | https://www.morphyrichards.co.uk/ |
| 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 |
| Haier Smart Home Co Ltd ADR | View profile | 112458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | https://smart-home.haier.com/cn |
| 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 |
Asia Pacific kitchen appliances 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 kitchen appliances market will help companies and investors design strategic landscapes.
Cooking appliances was the largest segment with a revenue share of 36.07% in 2019. Horizon Databook has segmented the Asia Pacific kitchen appliances market based on refrigerator, cooking appliances, dishwasher, range hood covering the revenue growth of each sub-segment from 2012 to 2025.
Reasons to subscribe to Asia Pacific kitchen appliances market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific kitchen appliances market databook
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Our clientele includes a mix of kitchen appliances 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 Asia Pacific kitchen appliances market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific kitchen appliances market from 2012 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific kitchen appliances market size, by country, 2012-2025 (US$M)
Asia Pacific Kitchen Appliances Market Outlook Share, 2019 & 2025 (US$M)
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