One of the major drivers for the Household Cooking Appliances Market Size has been the rising global population and urbanization. According to estimates, over 68% of the world's population is projected to live in urban areas by 2050 up from 55% currently. As more people migrate to cities, the demand for residential and commercial infrastructure including housing, offices, malls and restaurants...
Household cooking appliances such as ovens, cooktops, range hoods and microwaves are essential components of modern kitchens across the globe. These appliances aid in food preparation and cooking in an efficient and safe manner. Urban population has rapidly increased due to large-scale rural-urban migration in search of job opportunities and improved standards of living. This has fueled the...
Market Overview: Household cooking appliances help prepare and cook food easily. Common cooking appliances include stoves, ovens, microwaves, cooktops and ranges. They save time and effort in meal preparation. Market key trends: One of the key trends in the household cooking appliances market is the rising demand for multi-cooking functional appliances. Consumers prefer appliances that can...
The household cooking appliances market is estimated to be valued at US$ 86.83 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:Household cooking appliances include various products like cooktops and ranges, ovens, specialty appliances and others that are used for...