Market Insights Consumer Household Appliances Major Appliances

Cookers & Ovens - Southeast Asia

Southeast Asia

In 2024, the revenue generated in the Cookers & Ovens market in Southeast Asia amounts to US$9.88bn.
Looking ahead, the market is projected to experience an annual growth rate of 4.72% (CAGR 2024-2029).
When considering the global landscape, it is worth noting that in China leads the pack, generating US$30,780m in revenue in 2024.
In terms of per household revenues, the Cookers & Ovens market generates US$68.02 in 2024.
Looking specifically at the volume of sales, it is expected to reach 21.4m pieces units by 2029.
Additionally, the segment is anticipated to exhibit a volume growth of 2.4% in 2025.
Furthermore, the average volume per household in the Cookers & Ovens market is projected to be 0.13pieces units in 2024.
In Southeast Asia, the demand for high-tech smart cookers and ovens is rapidly increasing, as consumers seek convenience and efficiency in their kitchen appliances.

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

Market

Region

Region comparison

Currency

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.