Market Insights Consumer Household Appliances Small Appliances

Small Kitchen Appliances - North America

North America

In 2024, the revenue in the Small Kitchen Appliances market in North America amounts to US$14.35bn.
It is projected that the market will experience an annual growth rate of 3.57% (CAGR 2024-2029).
When compared globally, in China generates the highest revenue in this segment, with US$30,850m in 2024.
In terms of per household revenues, the Small Kitchen Appliances market is expected to generate US$81.67 in 2024, taking into consideration the total number of households in North America. By 2029, the volume in the Small Kitchen Appliances market is estimated to reach 290.5m pieces.
Additionally, there is an anticipated volume growth of 0.9% in 2025.
The average volume per household in the Small Kitchen Appliances market is expected to be 1.58pieces in 2024.
North America is experiencing a surge in demand for small kitchen appliances due to the increasing popularity of home cooking and convenience-driven lifestyles.

Key regions: Canada, China, Germany, Worldwide, Japan

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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.