Household Cooking Appliance Market Size, Share, Growth Analysis, By Product(Cooktops & Cooking Ranges, Gas Cooktops & Cooking Ranges), By Structure(Built-in, Freestanding) - Industry Forecast 2024-2031

Global Household Cooking Appliance Market size was valued at USD 238.16 billion in 2022 and is poised to grow from USD 252.69 billion in 2023 to USD 405.80 billion by 2031, growing at a CAGR of 6.1% in the forecast period (2024-2031).

Cooking appliances have been a mainstay of kitchens around the world for quite a while now and modern kitchens are incomplete without them. Stoves, ovens, cooktops, chimneys, blenders, and toasters are some of the most commonly used household cooking appliances. Evolving consumer lifestyles around the world are promoting the demand for household cooking appliances. Rising disposable income and a growing focus on convenience in fast-paced lifestyles are also estimated to uplift household cooking appliance sales outlook in the future.

household cooking appliances help people save time and improve their meal preparation times. Moreover, the rising popularity and availability of smart kitchen appliances are changing the way food is cooked around the world. household cooking appliance manufacturers are focusing on integrating advanced and smart features that allow people to automate their cooking appliances and elevate their cooking experience.

Sustainable and energy-efficient cooking appliances are projected to be high in demand around the world as people become more eco-conscious to reduce their environmental impact. The rising number of individuals cooking at home since the COVID-19 pandemic is also contributing to the surging sales of household cooking appliances. Changing dietary preferences and modernization of kitchen spaces are also forecasted to benefit household cooking appliance market growth in the future.