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Household Cooking Appliances Market Business Growth Statistics By Electrolux, Haier, Hitachi, Philips, LG Electronics, Haier America, Midea Group

Household Cooking Appliances Market

The Household Cooking Appliances market research report provides a comprehensive study on production capacity, consumption, import and export for all major regions across the world. This market report offers the best professional in-depth study on the current state for the market. It also encompasses analysis, estimation, and discussion of important industry trends, market size, and market share. The market report also contains the drivers and restraints for this market that are obtained with the help of SWOT analysis, and also shows all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands with their systemic company profiles, that are driving the market.

Dominating Players of Household Cooking Appliances Market are Electrolux, Haier, Hitachi, Philips, LG Electronics, Haier America, Midea Group (Fortune Global 500 Company), Miele, Bosch, Hitachi Asia, LG Electronics U.S.A, LG Electronics Home Appliances, LG Electronics Eastern Africa, Midea America Corp and others

Global Household Cooking Appliances Market is expected to rise from its initial estimated value of USD 171.17 Billion in 2018 to an estimated value of USD 282.23 Billion by 2026, registering a CAGR of 6.45% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in the disposable income within each household.

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Recent Industry Developments:

In January 2018, Whirlpool merged with Amazon and Google to increase the experience of the products provided.  This merger will allow families to control their appliances from anywhere in the house with simple voice commands. This unique way of interacting with the appliances will get chores done on time and on their way as well.

In March 2017, Electrolux acquired Grindmaster $108 million USD to increase the company’s presence in the US market.

Competitive Analysis

Global household cooking appliances market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of household cooking appliances market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Highlights of TOC:

Chapter One: Household Cooking Appliances Industry Overview

1.1 Household Cooking Appliances Industry

1.1.1 Overview

1.1.2 Products of Major Companies

1.2 Household Cooking Appliances Segment

1.2.1 Industry Chain

1.2.2 Consumer Distribution

1.3 Price & Cost Overview

Chapter Two: Household Cooking Appliances Demand

2.1 Segment Overview

2.1.1 APPLICATION 1

2.1.2 APPLICATION 2

2.1.3 Other

2.2 Household Cooking Appliances Size by Demand

2.3 Household Cooking Appliances Forecast by Demand

Chapter Three: Household Cooking Appliances by Type

3.1 By Type

3.1.1 TYPE 1

3.1.2 TYPE 2

3.2 Household Cooking Appliances Size by Type

3.3 Household Cooking Appliances Forecast by Type

Chapter Four: Major Region of Household Cooking Appliances Market

4.1 Household Cooking Appliances Sales

4.2 Household Cooking Appliances Revenue & market share

Chapter Five: Major Companies List

Chapter Six: Conclusion

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Key market Segmentation of Household Cooking Appliances Market

By Application

Built-in, Free Standing

By Distribution

Direct Selling, E-Commerce

By Products

Water purifiers, Microwave Oven, Refrigerator, Induction Stove, Dishwasher and Others

By Geography

North America (United States, Canada and Mexico etc)

Europe (Germany, France, UK, Russia and Italy etc)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia etc)

South America (Brazil, Argentina, Colombia etc)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa etc)

Key Strategies of Major Competitors

Growing businesses through serving into new application areas and identifying pockets of growth in emerging markets

Focusing on cost effective production of devices with stability and robustness

Strategies for Product differentiation and adjusting to the life cycle changes

Enhance productivity and optimizing back end manufacturing processes

Product enhancement through integrating new strategies involving big data, advanced analytics into traditional manufacturing processes

Strengthening collaboration with suppliers and distributors

More focused strategies are found in the report

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