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Cooking appliances - Statistics & Facts

Cooking appliances are part of the major appliances segment in the household appliances industry and include ovens, stoves, and microwaves, among others. These cooking appliances make up a large share of the overall industry revenue and are owned by more than 80 to 90 percent of households worldwide. The retail sales of major kitchen appliances alone are worth more than 90 billion U.S. dollars annually. Major companies in the market include Haier Smart Home, LG Electronics, Whirlpool, Midea, Bosch Siemens Home Appliances (BSH), and Electrolux.

Significant markets for cooking appliances

The United States is a substantial market for cooking appliances with annual revenues from cookers and ovens above five billion U.S. dollars. This market alone constitutes a share of around five percent of the global cookers and ovens market, according to data from Statista’s Consumer Market Outlook. China, India, and Brazil are other significant markets for cooking appliances with market shares of 23, 11, and 5 percent, respectively.

Solid outlook for cooking appliances

The Covid-19 pandemic has created an uptick in demand in the household appliances market. With people spending more time at home due to contact restrictions, lockdowns, and work from home, consumers invested more money into their homes with fewer opportunities to spend money elsewhere. In the global cookers & ovens market, this trend increased revenue by 10 percent globally in 2020 compared to 2019. This trend continued in 2021, with revenues in the segment forecast to grow by an additional six percent during the year. By 2022 the market for household appliances is projected to fall back to 2020 levels, as many consumers will have satisfied their need for replacing older appliances or investing in new ones.

Key figures

The most important key figures provide you with a compact summary of the topic of "Cooking appliances" and take you straight to the corresponding statistics.

Companies

Region highlight: Europe

Interesting statistics

In the following 3 chapters, you will quickly find the 21 most important statistics relating to "Cooking appliances".

Cooking appliances & equipment

Dossier on the topic

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Cooking appliances - Statistics & Facts

Cooking appliances are part of the major appliances segment in the household appliances industry and include ovens, stoves, and microwaves, among others. These cooking appliances make up a large share of the overall industry revenue and are owned by more than 80 to 90 percent of households worldwide. The retail sales of major kitchen appliances alone are worth more than 90 billion U.S. dollars annually. Major companies in the market include Haier Smart Home, LG Electronics, Whirlpool, Midea, Bosch Siemens Home Appliances (BSH), and Electrolux.

Significant markets for cooking appliances

The United States is a substantial market for cooking appliances with annual revenues from cookers and ovens above five billion U.S. dollars. This market alone constitutes a share of around five percent of the global cookers and ovens market, according to data from Statista’s Consumer Market Outlook. China, India, and Brazil are other significant markets for cooking appliances with market shares of 23, 11, and 5 percent, respectively.

Solid outlook for cooking appliances

The Covid-19 pandemic has created an uptick in demand in the household appliances market. With people spending more time at home due to contact restrictions, lockdowns, and work from home, consumers invested more money into their homes with fewer opportunities to spend money elsewhere. In the global cookers & ovens market, this trend increased revenue by 10 percent globally in 2020 compared to 2019. This trend continued in 2021, with revenues in the segment forecast to grow by an additional six percent during the year. By 2022 the market for household appliances is projected to fall back to 2020 levels, as many consumers will have satisfied their need for replacing older appliances or investing in new ones.

Interesting statistics

In the following 3 chapters, you will quickly find the 21 most important statistics relating to "Cooking appliances".

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