Global Domestic Kitchen Appliance Industry Expansion is Forecast to Reach 3.9% P.A.

Date: 2015-08-13

“The expansion of the global domestic kitchen appliance industry is forecast to reach 3.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 7.1%. Currently, cooking appliances account for 36.2% of the global demand while the remaining market share is divided between refrigerators (29.7%), juice extractors, food grinders and mixers (9.6%), electric coffee and tea makers (8.7%), dish washing machines (5.4%), freezers (5.2%), ventilating hoods (2.8%) and electric toasters (2.4%).

China, Germany, Japan, South Korea and the United States represent the largest domestic kitchen appliance markets while the strongest annual growth is forecast to occur in Tanzania (21.1%), Bangladesh (12.0%), Bolivia (11.5%), Jordan (9.7%) and Sri Lanka (9.5%).”

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Joanna | Executive – International
Business and partner Relations

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