PROSPECTS AND OPPORTUNITIES
If economic conditions continue to improve, growth is likely to return, but will be hampered by food delivery
Sales of large cooking appliances are tied to housing sales, with a significant 50% of sales of such products thought to be linked to housing starts. The potential improvement in housing starts in the forecast period is therefore also poised to drive growth for the category.
Range cookers set to see growth, but competition from second-hand products likely
With the kitchen likely to remain the heart of the home for US consumers, they are expected to invest in this space to make it practical yet aesthetically pleasing. Range cookers are often perceived as an attractive choice, as a pivotal design focal point for a kitchen.
Smart large cooking appliances anticipated to see growth
Within large cooking appliances, smart products are mainly evident in ovens, although in 2024 only a 12% share of sales of ovens is expected to be accounted for by smart products. Nevertheless, this percentage is projected to rise in the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Large Cooking Appliances industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Large Cooking Appliances in USA report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Large Cooking Appliances in USA?
- Which are the leading brands in USA?
- How are products distributed in USA?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Large Cooking Appliances in the US - Category analysis
KEY DATA FINDINGS
Economic factors drive decline for large cooking appliances
Electric large cooking appliances gain consumer favour
Samsung performs well, but Whirlpool maintains its lead
If economic conditions continue to improve, growth is likely to return, but will be hampered by food delivery
Range cookers set to see growth, but competition from second-hand products likely
Smart large cooking appliances anticipated to see growth
Consumer Appliances in the US - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Large Cooking Appliances
- Built-in Large Cooking Appliances
- Freestanding Large Cooking Appliances
- Built-in Hobs
- Ovens
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- Built-in Cooker Hoods
- Freestanding Cooker Hoods
- Cookers
- Range Cookers
Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.
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This report originates from Passport, our Large Cooking Appliances research and analysis database.
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