The strong presence of domestic and global companies will foster the growth of the Asia Pacific Kitchen Appliances Market

The Asia-Pacific kitchen appliances market is anticipated to grow with a considerable CAGR of 8.0% during the forecast period (2020-2026). The Asia-Pacific kitchen appliance market growth is influenced by the increasing working population across the region especially the women working population base and the nuclear family. Additionally, the major changes in eating habits and the significant influence of the western lifestyle will also aid in the growth of the Asia-Pacific kitchen appliances market. Moreover, the increasing disposable income especially in large population base countries such as China and India will present new growth opportunities to the market.

Browse the full report description Asia Pacific Kitchen Appliances Market Size, Share & Trends Analysis Report By Product Type (Refrigerators, Microwave, Mixer & Juicer and Food Processor, Stove & Hobs, Dishwasher, Water Purifier, Coffee Machines and Other), By Application (Residential and Commercial), By Distribution Channel (Online Channel and Offline Channel), Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-kitchen-appliances-market

New and innovative product launches is also expected to fuel market growth, as it will augment the adoption of higher valued kitchen appliances. For instance, in June 2019, Samsung Electronics launched Project PRISM in South Korea that features customizable home appliances including BESPOKE which can fit into any lifestyle. The customers are provided with the option to personalize the materials, colors, shapes, and designs of the products. Some of the globally recognized brands present in the kitchen appliance market include Samsung Electronics Co. Ltd., Rinnai Corp., LG Electronics Co. Ltd. among others. 

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Countries Covered-

o India

o China

o Japan

o Rest of Asia-Pacific

Segment Covered- 

• By Product Type
• By Application
• By Distribution Channel
• Competitive Landscape- Samsung Electronics Co. Ltd., Rinnai Corp., LG Electronics Co. Ltd., Panasonic Corp., Koninklijke Philips N.V.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Recovery Timeline
• Deviation from the pre-COVID-19 forecast
• Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Kitchen Appliances Market Report Segment

By Product Type

• Refrigerators 
• Microwave
• Mixer & Juicer
• Stove & Hobs
• Dishwasher
• Water Purifier
• Coffee Machines
• Other

By Application

• Residential 
• Commercial 

By Distribution Channel

• Online Channel
• Offline Channel

Asia-Pacific Kitchen Appliance Market Segment by Region

• India
• China
• Japan
• Rest of Asia-Pacific