Small Kitchen Appliances - BRICS
BRICS- In 2024, the revenue in the Small Kitchen Appliances market reached a substantial amount of US$55.25bn.
- This market is projected to experience an annual growth rate of 4.66% from 2024 to 2029, also known as a Compound Annual Growth Rate (CAGR).
- When compared globally, China stands out as the highest revenue generator in this segment, with US$31bn in 2024.
- This highlights China's dominance in this industry within the BRICS countries.
- Considering the total number of households, the per household revenue in 2024 amounts to US$62.77.
- This figure provides insight into the average spending in Small Kitchen Appliances market per household.
- Looking ahead to 2029, the volume in the Small Kitchen Appliances market is expected to reach 839.4m pieces units.
- This projected growth indicates a positive trend for the industry.
- In 2025.0, the segment is forecasted to showcase a volume growth of 0.9%, reflecting a slight increase in market demand.
- Furthermore, the average volume per household in the Small Kitchen Appliances market is anticipated to be 0.91pieces units in 2024.
- This metric helps assess the level of product adoption among households.
- In Brazil, the market for small kitchen appliances is experiencing a surge in demand due to the growing trend of home cooking and the increasing popularity of healthy eating.
- Key regions:
- Canada,
- China,
- Germany,
- Worldwide,
- Japan
Definition: The market for small kitchen appliances encompasses a range of devices, including blenders, mixers, food processors, electric juicers, electric deep fryers, waffle irons, and egg cookers intended for household use. However, it is important to note that parts and accessories for small kitchen appliances, as well as toasters and commercial appliances, are excluded from this market.
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
- Waffle irons
- Blenders, mixers, food processors
- Juicers
- Deep fryers
- Egg cookers
Out-Of-Scope
- Coffee machines
- Garbage disposals
- Microwave ovens
- Toasters
- Grills
