Market Insights Consumer Household Appliances Major Appliances

Cookers & Ovens - North America

North America

In 2024, the Cookers & Ovens market in North America generated a revenue of US$7.15bn.
It is projected to have an annual growth rate of 4.41% (CAGR 2024-2029).
When compared globally, in China leads in revenue generation with US$30,780m in 2024.
Considering the total number of households, each household is expected to generate a revenue of US$40.67 in 2024.
By 2029, the volume in the Cookers & Ovens market is estimated to reach 14.2m pieces units.
The segment is anticipated to show a volume growth of 1.1% in 2025.
On average, each household is projected to have a volume of 0.08pieces units in the Cookers & Ovens market in 2024.
In North America, the trend in the Cookers & Ovens market is a growing demand for smart appliances with advanced features and connectivity options.

Key regions: Japan, China, India, Germany, Indonesia

Market

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.