Household Cooking Appliance Market: Global Industry Size, Forecast 2034

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This holistic report presented by the report is also determined to cater to all the market specific information and a take on business analysis and key growth steering best industry practices that optimize million-dollar opportunities amidst staggering competition in Household Cooking Appl

This versatile research report is presenting crucial details on market relevant information, harping on ample minute details encompassing a multi-dimensional market that collectively maneuver growth in the global Household Cooking Appliance market.

This holistic report presented by the report is also determined to cater to all the market specific information and a take on business analysis and key growth steering best industry practices that optimize million-dollar opportunities amidst staggering competition in Household Cooking Appliance market.

Where possible I list the company and the most recent yearly revenue/turnover figure reported in the company/regulator/IR source. These are company-level revenues (not always solely cooking appliances); use them as anchor points for relative market sizing and competitor benchmarking.

Read complete report at: https://www.thebrainyinsights.com/report/household-cooking-appliance-market-13288

  • Whirlpool Corporation — ~USD 16.6–17.0 billion total revenue in FY 2024 (Whirlpool is a major global supplier of cooking & other major appliances).

  • LG Electronics — Home Appliance & Air Solution — KRW 33.2 trillion revenue for the Home Appliance & Air Solution company in 2024 (reported by LG for the segment that includes cooking appliances). 

  • Haier Smart Home (Haier Group) — RMB 285.98 billion total revenue in 2024 (Haier is a top global home-appliance maker with strong cooking appliance presence). 

  • Midea Group — RMB ~407–409 billion total revenue in 2024 (Midea is a major global appliances OEM/brand; big in small and built-in cooking appliances).

  • BSH Hausgeräte (Bosch/Siemens group) — €15.3 billion turnover in 2024. BSH is a leading European appliances player (cooking appliances brands: Bosch, Siemens, Gaggenau, Neff). 

  • Electrolux Group — SEK 136.15 billion (net sales) in 2024 (Electrolux has strong built-in and freestanding cooking appliance lines in Europe and global markets).

  • Arçelik / Beko — TRY 428.5 billion in sales reported for 2024 (Arçelik group — owner of Beko — is a major global white-goods player with cooking appliances among its portfolio). 

  • Samsung / Other large OEMs (Samsung, Miele, etc.) — Samsung’s consolidated revenue is huge (KRW hundreds of trillions) but appliance-specific figures are reported in segment disclosures; Miele and other premium brands publish appliance revenues in IR reports. (Use company IRs for appliance-segment splits where you need appliance-only numbers). 

Note: most large diversified electronics/appliance firms report company or segment revenue rather than “cooking-appliances-only” revenue; for appliance-only market-share you’ll generally combine company reports + category share estimates from industry reports (I can extract those if you want).


Recent developments

  • Smart / connected kitchens accelerating — launches at trade shows and product releases show stronger AI/IoT features, cook-assist software, and integrated extractor-hob combos (examples: Samsung at IFA 2025; Midea’s Ki wireless power demo).

  • Large OEMs posting mixed results — top players reporting record revenues overall (esp. Chinese groups) while some regions face weaker demand for big built-ins. Reports cite slower real-estate activity hitting built-in appliance sales in parts of Europe. 

  • Premium / multifunction devices growth — surge in air-fryer style and multi-cooking ovens drives small-appliance revenues and cross-category interest.


Drivers

  • Urbanization & renovation cycles (kitchen remodeling increases built-in and premium appliance purchases). 

  • Technology adoption (induction, integrated extraction, smart/connected features, AI assistance). 

  • Shift to healthier / efficient cooking (induction, air-frying, steam/combination ovens). 


Restraints

  • Macro headwinds in some markets — lower housing transactions and higher interest rates depress big appliance purchases in certain geographies.

  • High capex for R&D, manufacturing and energy-efficient tech — premium appliances/induction and built-in integration require investment. 

  • Fragmented retail channels and long replacement cycles — slows unit growth in mature markets. 


Regional segmentation (high level)

  • Asia-Pacific: fastest growth overall (China manufacturers like Midea/Haier lead global volumes and exports). 

  • North America: strong replacement/renovation market; big brands include Whirlpool, Samsung, LG; premium built-ins growing in urban segments. 

  • Europe: strong premium & built-in market (BSH, Electrolux, Arçelik/Beko prominent); regulatory push on energy efficiency and emissions shapes product mix. 


Emerging trends

  • Induction + extractor hobs (island-friendly integrated extraction) and wireless Ki power experiments. 

  • Multifunction appliances (oven + steam + air-fry in a single unit).

  • Software & recurring revenue models — D2C services, warranty/subscription offerings and smart-kitchen ecosystems.


Top use-cases

  1. Home renovation / new home fit-outs (built-ins, ranges, cooktops). 

  2. Everyday family cooking (freestanding ranges, microwaves, induction cooktops). 

  3. Small-appliance premiumization (air fryers, smart ovens for single-household convenience). 


Major challenges

  • Profitability pressure in mature markets with falling volumes and higher input costs. 

  • Compliance & energy-efficiency standards requiring redesign and sometimes replacement of incumbent product lines. 


Attractive opportunities

  • Premium / built-in & integrated kitchen systems — higher ASPs and margin potential. 

  • Smart-kitchen ecosystems and servitization (warranties, consumable replacement, recipe/AI services).

  • Emerging markets expansion — growth in APAC, parts of Latin America and Africa where penetration remains lower. 


Key factors for market expansion

  • Faster adoption of induction & smart deviceskitchen renovation cycles and urban housing growth; vendor ability to bundle hardware + software/services (D2C). 


Want this next?

I can:

  1. Build a table that maps each major company → latest FY revenue → appliance segment note → estimated cooking-appliance share (where available), or

  2. Create a one-page PPT summarizing the market numbers and competitor revenues, or

  3. Extract appliance-only revenues / cooking-appliance subsegment shares where those appliance-only splits are published (this takes a little digging by company/segment — I already have the IR links).

Pick one and I’ll generate it right away (with source links and a downloadable table/PPT).

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