North America Cooking Range Market Size, Share & Trends Analysis Report By Fuel Type (Gas Cooking Range, Induction Cooking Range), By Size (30 Inches, 36 Inches), By Installation, By Distribution Channel, By Price Range, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The North America cooking range market size was estimated at USD 10.86 billion in 2023 and is projected to grow at a CAGR of 7.8% from 2024 to 2030. Key factors driving the market include the growing preference for convenient cooking solutions, increasing interest in cooking at home, and the influence of kitchen design trends on appliance choices. Consumers worldwide are increasingly valuing convenience, easy cleaning, and healthier cooking options, leading to a rise in demand for cooking ranges. This trend has been particularly pronounced since the pandemic, with more people opting for home-cooked meals.

Government regulations play a significant role in shaping the cooking range market. For instance, the U.S. Department of Energy (DOE) regulation announced in January 2024 sets a flexible threshold of 1,770 thousand British thermal units (kBtu) per year for gas stoves, which is a compromise between gas stove producers and environmentalists. This regulation is part of a broader effort by the country’s government to reduce carbon emissions and tackle the climate crisis. By influencing the energy efficiency standards for stoves and other appliances, these regulations are driving manufacturers to innovate and offer more eco-friendly and energy-efficient cooking range options to consumers.

Retail channels are leveraging tools like augmented reality (AR) to enhance consumers' online shopping experience. Best Buy's Envision app, designed for Apple Vision Pro users and launched in April 2024, is a prime example. It allows customers to visualize appliances in their own spaces before purchase. By integrating AR technology, retailers are providing more immersive and realistic previews of products, reducing the uncertainty associated with online shopping for large items and ultimately enhancing customer satisfaction.

An increasing number of consumers have been cooking their own food in the recent past. This could be due to growing health consciousness and the desire to eat nutritious home-cooked meals, the need to avoid food from unhygienic environments or places that use unhealthy ingredients and practices, and the rising costs of eating out. According to the Residential Energy Consumption Survey (RECS) released by the U.S. Energy Information Administration (EIA) in August 2022, approximately 79% of households in the U.S. prepared at least one hot meal at home every day. Furthermore, households in the New England Census Division and the Pacific Census Division were generally more inclined to prepare hot meals at home on a daily basis. The need to cook multiple meals a day and the preference for freshly prepared food are key factors driving the regular use of and demand for cooktops

Kitchen remodeling is on the rise in North America, driven by shifting consumer trends, as highlighted in the 2021 RE/MAX Canada report. While more than half of Canadians renovated their homes for personal enjoyment, a significant portion also considered the return on investment (ROI) when renovating, aiming to increase the market value of their homes. During the pandemic, many consumers in North America embarked on various home remodeling projects. According to HUIZHOU FAITH ELECTRIC MANUFACTURE CO., LTD., 23% of Canadians prioritized installing new appliances like kitchen ranges, making it the second most popular renovation project. This surge in demand even led to a widespread shortage of appliances across the country.

The use of induction cooktops is gaining traction in the culinary landscape, with more kitchen appliances incorporating this technology while shifting from traditional gas cooking ranges. Induction cooking offers enhanced safety in commercial kitchens because the magnetic surface is not hot to touch, unlike conventional cooktops. This contributes to a reduction in kitchen accidents, making induction cooking ranges a safer choice. In May 2023, the U.S. government introduced a program titled "Making the Switch to Induction Stoves or Cooktops." The initiative revealed that 70% of consumers are open to transitioning to induction-powered ranges and cooktops and are prepared to invest over USD 800 each for such upgrades, incentivizing consumers to make the switch.

Technological advancements in North American market are enabling manufacturers to offer innovative features in line with evolving consumer preferences. These advanced technologies have unlocked new avenues for growth and innovation. In January 2023, Monogram, a high-end appliance brand, unveiled its latest innovation, the Monogram Induction Professional Ranges. Featuring Precision Temperature Control, users can enhance their cooking experience by utilizing smart pan or probe accessories to precisely set the burner temperature from 100 to 500 degrees, rather than relying on traditional high, medium, or low settings.

Market Concentration & Characteristics

The market is witnessing a high degree of innovation, driven by advancements in smart technology, energy efficiency, and multifunctional designs. Modern cooking ranges now feature integrated smart controls, connectivity with home automation systems, and versatile cooking options, enhancing user convenience and performance.

Regulations in the industry significantly impact product development and market dynamics. Stricter energy efficiency standards drive innovation, pushing manufacturers to adopt advanced technologies to meet regulatory requirements. In addition, safety and environmental regulations influence material choices and design practices, ensuring consumer protection and environmental sustainability while often leading to higher production costs and influencing market prices.

The market sees significant competition from substitutes like countertop appliances, including microwave ovens, toaster ovens, and air fryers. In addition, induction cooktops and portable electric stoves offer flexibility and convenience, appealing to consumers with limited kitchen space or those seeking energy-efficient alternatives. These substitutes, often more affordable and versatile, present substantial competition to traditional cooking ranges.

In the North American market, end-user concentration varies across segments. Residential consumers dominate the market, particularly in the freestanding and slide-in range segments, driven by home renovation and replacement cycles. However, commercial establishments, such as restaurants and hotels, play a significant role in the commercial range segment, emphasizing durability and performance.

Fuel Type Insights

Based on fuel type, the gas cooking range segment led the market with the largest revenue share of 46.09% in 2023. The adoption of gas cooking ranges in the market is primarily driven by factors such as efficiency, affordability, and convenience in cooking. Gas cooking ranges offer rapid heating and precise temperature control, making them popular among consumers who prefer the responsiveness and flexibility they provide during cooking. Consumers increasingly seek professional-grade appliances that elevate cooking endeavors. Recognizing this trend, in November 2023, ZLINE, a pioneering brand in luxury kitchen and bath appliances, introduced an innovative line of Professional Gas Ranges (SGR).

The induction cooking ranges segment is projected to grow at the fastest CAGR of 10.1% from 2024 to 2030. Concerns about the safety of gas stoves have prompted homeowners to seek alternatives, leading to a surge in interest in induction cooking range stoves. Induction cooking ranges offer several advantages, including faster boiling times and easier cleaning due to their smooth, flat cooking surface. However, their higher price range, typically between USD 2,000 to USD 9,000, and the additional cost of electrical wiring for installation have been cited as limitations for some homeowners, according to the National Association of Realtors in 2023.

Size Insights

Based on size, the 30 inch segment held the market with the largest revenue share of 50.83% in 2023. Typically, the most common range size is around 30 inches wide, with a depth of 27-29 inches and a height of 36 inches. These standard stove dimensions are tailored to fit ideal cabinet sizes that measure 34-1/4 inches in width, 24 inches in depth, and 36 inches in height. Thermador, a U.S. based manufacturer provides a lineup of 30-inch gas, induction, and dual-fuel ranges, each equipped with as many as five patented Star Burners.

The 36 inch segment is expected to grow at the fastest CAGR of 9.6% from 2024 to 2030. For high-end remodeling endeavors, many designers suggest opting for a 36-inch model as it provides sufficient space to accommodate at least five pots and pans with extra room and offers ample oven capacity for hosting dinner parties. During the 2024 Kitchen and Bath Industry Show (KBIS) in February 2024, Signature Kitchen Suite, the luxury kitchen appliance brand, introduced an assortment of innovative culinary appliances. These new products includes 30- and 36-inch Induction Cooktops, a 30-inch Professional Speed Oven, and a 36-inch Dual-Fuel Pro Range featuring Six Burners & a Steam Combi Oven.

Installation Insights

Based on installation, the free-standing segment led the market with the largest revenue share of 70.12% in 2023. The increasing popularity of open-concept kitchen designs, which often feature freestanding cooking ranges as a focal point, is a key factor driving this segment. In November 2022, Hisense, renowned for its premium home appliances, introduced its line of freestanding ranges, marking the completion of the brand's full kitchen suite tailored for consumers in the U.S. The stainless-steel ranges feature robust burners and a versatile oven cavity, providing an array of premium functionalities, including Convection, Fast Preheat, and Air Fry.

The slide-in cooking ranges segment is projected to register at the fastest CAGR of 9.3% from 2024 to 2030. The demand for slide-in cooking ranges is expected to be driven by the increasing focus on kitchen aesthetics and design, with consumers seeking sleek and modern appliances that seamlessly integrate into their kitchen spaces. Manufacturers are responding to this trend by introducing innovative features in slide-in cooking range ranges to simplify the cooking process-such as remote monitoring and control options and personalized recipe recommendations-that enhance the overall cooking experience for consumers.

Distribution Channel Insights

Based on distribution channel, the home improvement stores segment led the market with the largest revenue share of 38.28% in 2023. Home improvement stores such as The Home Depot, Lowe's Home Improvement, Menards, and Ace Hardware specialize in products and materials for home renovation, repair, and maintenance projects. Home improvement stores cater to homeowners, contractors, and DIY enthusiasts looking to enhance, repair, or remodel their homes. These stores often provide expert advice, workshops, and installation services to assist customers with their projects.

The online distribution channel segment is expected to grow at the fastest CAGR of 8.8% from 2024 to 2030. E-commerce platforms have emerged as pivotal channels for cooking range sales, reshaping consumer shopping habits and industry dynamics. Platforms like Amazon, Wayfair, and Walmart offer unparalleled reach, providing consumers with a vast selection of cooking ranges at competitive prices. The accessibility of detailed product information, specifications, and customer reviews further empowers consumers to make informed purchasing decisions, fostering trust and confidence in the quality and performance of the cooking range.

Price Range Insights

Based on price range, the cooking ranges below USD 1,000 segment led the market with the largest revenue share of 39.31% in 2023. Ranges that are freestanding and vary from 20 to 24 inches in size, available in either gas or electric fuel types, generally have a price point below USD 1,000. Certain brands offer budget-friendly ranges that prioritize affordability along with basic cooking functions, making them accessible to a wider range of consumers. For instance, Amana offers a 20-inch electric freestanding range originally priced at USD 777 and USD 698 at The Home Depot.

The cooking ranges priced USD 2,001 - USD 3,000 segment is expected to grow at the fastest CAGR of 10.3% from 2024 to 2030. The built-in, standalone or gas double oven ranges varying from 36 inches & above in size and offered in electric, dual fuel, or induction fuel types, typically fall within the price range of USD 2,000 to USD 3,000. Maytag offers a “30-Inch Wide Double Oven Gas Range with True Convection” at a price of USD 2,299. This product includes a “Hidden Bake Element” for effortless cleaning, along with Power Preheat for quicker cooking initiation.

Country Insights

The North Americadominated thecooking range market with the revenue share of 59% in 2023. The downsizing of living spaces in North America has compelled people to seek compact home appliances, including efficient and space-saving cooking ranges. According to a July 2023 blog post by LendingTree, LLC, the average square footage of newly sold single-family homes in the U.S. fell by 1.0% between 2012 and 2022. In response to these changing demands, Danby, a well-known Canadian refrigeration and specialized appliance manufacturer in North America, has been producing European-sized appliances for 75 years. Its small cooking ranges and appliances are designed for contemporary kitchens and provide creative solutions for apartments and smaller households.

The cooking range market in the U.S. is expected to grow at a CAGR of 7.6% from 2024 to 2030. The new federal standard for cooking ranges in the U.S., set to take effect on January 31, 2028, aims to increase energy efficiency and reduce environmental impact. Gas stoves will be allowed to use 1.77 million British Thermal Units (BTU) of energy per year, up from 1.204 million BTUs in the initial proposal. Home cooks, concerned about losing their favorite gas ranges, are exploring alternative options. Induction cooking, once considered a high-end feature, has become more popular. Induction ranges account for fewer than 5% of all electric ranges overall, but over the year 2022, their number has increased by 40%, according to the Association of Home Appliance Manufacturers (AHAM) factory shipment data.

Key North America Cooking Range Company Insights

The North America cooking range industry is highly competitive, marked by the presence of numerous prominent players. Some of the key players operating in the market include BSH Hausgeräte GmbH, Miele & Cie. KG, Whirlpool Corporation, Electrolux AB, Haier, and Samsung among others.

Recent Developments

• In April 2024, Samsung announced the expansion of its Bespoke kitchen appliance collection with a redesigned line of premium slide-in ranges, including the Bespoke Slide-in Induction Range. These additions incorporate AI-powered technology to simplify cooking and meal planning. The Bespoke Slide-in Induction Range has a modern appearance with an anti-scratch matte glass cooktop. It is available in stainless steel and white glass finishes. The range features a recessed oven door handle, a flat panel exterior without knobs, and Ambient Edge Lighting for a sophisticated look

• In March 2024, BSH Hausgeräte GmbH opened its flagship Experience & Design Center in Miami's Design District, offering an 8,000-square-foot space atop the Design 41 building. This center showcases premium home appliances from Thermador, Bosch, and Gaggenau, allowing visitors to engage in hands-on experiences and explore the latest innovations in home appliance technology. The showroom features full kitchen setups that highlight both new and classic design trends, providing a comprehensive look at the brands' offerings

• In December 2023, Miele & Cie. KG chose Opelika as the site for its U.S. manufacturing hub. The company announced the launch of a long-term growth project in the East Alabama city, building a major production facility to serve multiple business units as its U.S. division continues to expand. To begin producing appliances, the company intends to move into an existing Opelika plant

North America Cooking Range Market Report Scope

North America Cooking Range Market Report Segmentation

This report forecasts revenue growth at regional & country levels and provides an analysis on the latest trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the North America cooking range market based on fuel type, size, installation, distribution channel, price range, and region.

• Fuel Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Gas Cooking Range

  • Electric Cooking Range

  • Dual Fuel Cooking Range

  • Induction Cooking Range

• Size Outlook (Revenue, USD Million, 2018 - 2030)

  • 20 Inches

  • 24 Inches

  • 30 Inches

  • 36 Inches

  • Others

• Installation Outlook (Revenue, USD Million, 2018 - 2030)

  • Free-Standing

  • Slide-In

  • Others

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Supermarkets & Hypermarkets

  • Specialty Stores

  • Home Improvement Stores

  • Online

  • Others

• Price Range Outlook (Revenue, USD Million, 2018 - 2030)

  • Below USD 1,000

  • USD 1,000 - USD 2,000

  • USD 2,001 - USD 3,000

  • USD 3,001 - USD 5,000

  • Above USD 5,000

• Country Outlook (Revenue, USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada