The global Large Cooking Appliance Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (Cooktops, Ovens, Specialized Appliances), By Application (Household, Commercial).
The large cooking appliance market is poised for steady growth, driven by the increasing demand for high-performance, multifunctional appliances in both residential and commercial kitchens. As consumers become more focused on convenience and efficiency in their cooking routines, appliances such as ovens, cooktops, and microwaves are being integrated with smart technology, offering features like remote control, energy efficiency, and automated cooking programs. The rise in home cooking trends, further fueled by the COVID-19 pandemic, has accelerated the need for durable and advanced cooking appliances. In commercial sectors, such as restaurants and hospitality, the demand for heavy-duty and versatile appliances is growing, driven by the expanding foodservice industry. Innovations like induction cooktops, connected ovens, and eco-friendly cooking solutions are also helping to meet consumers' expectations for energy savings and environmental sustainability, propelling the market forward.
The market report analyses the leading companies in the industry including AB Electrolux, Haeir Group Corp, Hitachi Appliances Inc, Hitachi Appliances Inc, Koninklijke Philips N.V, LG Electronics Inc, Morphy Richards, Robert Bosch GmbH, Samsung Electronics Co. Ltd, Whirpool Corp, and others.
A prominent trend in the large cooking appliance market is the rising demand for smart and connected appliances, driven by the shift toward more automated, tech-enhanced home environments. Smart ovens, cooktops, and ranges are gaining popularity for their ability to integrate with smart home systems like Google Home and Amazon Alexa, offering features such as remote control, voice commands, and app-based cooking management. These appliances provide a range of advanced functionalities, including self-adjusting temperatures, step-by-step recipe guidance, and the ability to monitor cooking progress in real-time. With consumers seeking greater convenience, precision, and time-saving options in their kitchens, manufacturers are increasingly incorporating IoT capabilities into their product lines. This trend is expected to continue as the global smart home market expands, further blurring the lines between traditional kitchen appliances and modern technology.
The growing emphasis on energy efficiency and sustainability is a key driver in the large cooking appliance market. As consumers become more environmentally conscious, they are seeking appliances that not only provide high performance but also reduce electricity consumption. Energy-efficient ovens, induction cooktops, and eco-friendly refrigerators are in high demand as they help lower utility bills and minimize carbon footprints. Governments and environmental organizations have introduced stringent energy regulations and incentive programs, such as Energy Star certifications and rebate programs, encouraging consumers to adopt more efficient appliances. This driver is also influenced by the rising cost of energy, pushing consumers to make smarter choices about their cooking appliances to save on long-term operational costs. The trend is particularly strong in regions with high energy prices and robust environmental policies, driving innovation and competition among manufacturers.
A significant opportunity in the large cooking appliance market lies in the development of multi-functional and space-saving appliances, especially as urbanization leads to smaller living spaces. With kitchens becoming more compact in densely populated cities, consumers are looking for appliances that can perform multiple tasks, maximizing both efficiency and space. For instance, combination microwave ovens with convection and grilling capabilities, or cooktops that also function as warming drawers, are increasingly appealing to space-conscious buyers. Moreover, modular kitchen designs that incorporate seamless, built-in appliances are becoming popular for their sleek appearance and functionality. Manufacturers have an opportunity to cater to this growing demand by creating innovative appliances that combine multiple features in one unit, offering high performance while minimizing space usage, especially in markets where urbanization and apartment living are on the rise.
In the large cooking appliance market, ovens represent the largest segment due to their essential role in both residential and commercial cooking environments. Ovens are integral to a wide range of culinary practices, from baking and roasting to broiling, which makes them a staple in virtually every kitchen. The versatility of ovens, including options such as conventional, convection, and microwave ovens, caters to diverse cooking preferences and methodologies, appealing to a broad consumer base. Moreover, advancements in technology, such as smart ovens that offer connectivity and innovative features like self-cleaning and energy efficiency, have further enhanced their appeal. The increasing trend of home cooking, particularly following the pandemic, has led to a heightened demand for versatile and reliable cooking solutions, solidifying the oven's position as a preferred choice among consumers. Additionally, the growth of the food service industry and the popularity of baking as a hobby have amplified demand for ovens in both residential and commercial settings, making this segment the largest in the large cooking appliance market.
In the large cooking appliance market, the commercial segment is poised to be the fastest-growing category, primarily driven by the rapid expansion of the food service industry, including restaurants, catering services, and institutional kitchens. As consumer preferences shift toward dining out and food delivery services, there is an increased demand for high-capacity and efficient cooking equipment to meet the needs of large-scale food preparation. Commercial kitchens require appliances that can operate at higher performance levels, which has led to a surge in the adoption of advanced technologies such as induction cooking, high-efficiency ovens, and smart kitchen appliances. Furthermore, the growing trend of health-conscious eating and the rise in specialized diets necessitate versatile cooking solutions that can cater to diverse culinary needs. This segment is also benefiting from innovations aimed at enhancing energy efficiency and reducing cooking times, further encouraging restaurants and food service providers to invest in modern appliances. As a result, the commercial application of large cooking appliances is not only expanding rapidly but is also driving technological advancements in the industry, making it the fastest-growing segment in the market.
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
AB Electrolux
Haeir Group Corp
Hitachi Appliances Inc
Hitachi Appliances Inc
Koninklijke Philips N.V
LG Electronics Inc
Morphy Richards
Robert Bosch GmbH
Samsung Electronics Co. Ltd
Whirpool Corp
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Large Cooking Appliance Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Large Cooking Appliance Market Size Outlook, $ Million, 2021 to 2032
3.2 Large Cooking Appliance Market Outlook by Type, $ Million, 2021 to 2032
3.3 Large Cooking Appliance Market Outlook by Product, $ Million, 2021 to 2032
3.4 Large Cooking Appliance Market Outlook by Application, $ Million, 2021 to 2032
3.5 Large Cooking Appliance Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Large Cooking Appliance Industry
4.2 Key Market Trends in Large Cooking Appliance Industry
4.3 Potential Opportunities in Large Cooking Appliance Industry
4.4 Key Challenges in Large Cooking Appliance Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Large Cooking Appliance Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Large Cooking Appliance Market Outlook by Segments
7.1 Large Cooking Appliance Market Outlook by Segments, $ Million, 2021- 2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
8 North America Large Cooking Appliance Market Analysis and Outlook To 2032
8.1 Introduction to North America Large Cooking Appliance Markets in 2024
8.2 North America Large Cooking Appliance Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Large Cooking Appliance Market size Outlook by Segments, 2021-2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
9 Europe Large Cooking Appliance Market Analysis and Outlook To 2032
9.1 Introduction to Europe Large Cooking Appliance Markets in 2024
9.2 Europe Large Cooking Appliance Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Large Cooking Appliance Market Size Outlook by Segments, 2021-2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
10 Asia Pacific Large Cooking Appliance Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Large Cooking Appliance Markets in 2024
10.2 Asia Pacific Large Cooking Appliance Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Large Cooking Appliance Market size Outlook by Segments, 2021-2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
11 South America Large Cooking Appliance Market Analysis and Outlook To 2032
11.1 Introduction to South America Large Cooking Appliance Markets in 2024
11.2 South America Large Cooking Appliance Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Large Cooking Appliance Market size Outlook by Segments, 2021-2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
12 Middle East and Africa Large Cooking Appliance Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Large Cooking Appliance Markets in 2024
12.2 Middle East and Africa Large Cooking Appliance Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Large Cooking Appliance Market size Outlook by Segments, 2021-2032
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
AB Electrolux
Haeir Group Corp
Hitachi Appliances Inc
Hitachi Appliances Inc
Koninklijke Philips N.V
LG Electronics Inc
Morphy Richards
Robert Bosch GmbH
Samsung Electronics Co. Ltd
Whirpool Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Product
Cooktops
Ovens
Specialized Appliances
By Application
Household
Commercial
Global Large Cooking Appliance Market Size is valued at $34.5 Billion in 2024 and is forecast to register a growth rate (CAGR) of 7.1% to reach $59.7 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
AB Electrolux, Haeir Group Corp, Hitachi Appliances Inc, Hitachi Appliances Inc, Koninklijke Philips N.V, LG Electronics Inc, Morphy Richards, Robert Bosch GmbH, Samsung Electronics Co. Ltd, Whirpool Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume