Cookers & Ovens - G7
G7- In 2024, the revenue in the Cookers & Ovens market in G7 amounts to US$9.79bn.
- The market is projected to grow annually by 3.74% (CAGR 2024-2029).
- Among all countries, China generates the highest revenue with US$31bn in 2024.
- When considering the total number of households, each household is expected to generate US$30.08 in revenue in 2024.
- By 2029, the volume in the Cookers & Ovens market is anticipated to reach 20.8m pieces units.
- However, there is a slight volume decline of 0.6% expected in 2025.0.
- On average, each household is predicted to have a volume of 0.06pieces units in the Cookers & Ovens market in 2024.
- In the United States, there is a growing trend towards smart cookers and ovens that can be controlled remotely using mobile devices.
Definition: The category of cookers and ovens encompasses various electric appliances designed for domestic use, including electric cookers, portable electric cooktops featuring one or more hotplates, electric built-in ovens, ovens, and cooktops. Commercial appliances, heating stoves, grills, and roasters are excluded from this category.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Electric cookers
- Portable electric cooktops
- Electric built-in ovens
- Cooktops
- Ovens
Out-Of-Scope
- Commercial appliances
- Grills and roasters
- Heating stoves
