According to Reports and Data's latest report, the global market for built-in kitchen appliances was valued at USD 15.21 billion in 2021, and it is projected to experience a revenue compound annual growth rate (CAGR) of 6.1% during the forecast period. The report indicates that the market is likely to see a rise in demand due to the need for optimal space utilization, leading to increased demand for kitchen appliances and driving market growth.
Built-in appliances have space-saving features, which are a major advantage. They take up only the space used by cabinets, making them ideal for small kitchens with limited base and surface space. The built-in appliances in the modular kitchen are flush with the wall, which gives it a clean and modern look that adapts well to modern as well as classic and country kitchens. In addition, built-in kitchen appliances have a sleek and modern aesthetic, making it easy to create a seamless finish across your kitchen plan. This also provides sophisticated and better working conditions.
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Top Profiled Companies in the Global Built-In Ovens Appliances Market Report:
Hangzhou Robam Appliances Co., Ltd., Elica, Vatti Corporation Limited, BSH Hausgeräte GmbH, AB Electrolux, Haier Inc., Whirlpool Corporation, Panasonic Corporation, Gorenje, and Arcelik.
Restraining Growth of Built-In Ovens Appliances Market
- High Initial Cost: Built-in kitchen appliances are generally more expensive than freestanding appliances, which can be a deterrent for cost-conscious consumers.
- Limited Customization: Built-in appliances may not be customizable to individual preferences, limiting the range of options available to consumers.
- Installation Complexity: Installing built-in appliances requires professional installation, which can be time-consuming and costly, further increasing the overall cost of these appliances.
- Replacement Costs: In the event of a malfunction or breakdown, replacing built-in appliances can be more expensive than replacing freestanding appliances due to the additional installation costs.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Built-In Ovens
- Built-In Hobs
- Built-In Hoods
- Built-In Refrigerators
- Built-In Dishwashers
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Residential
- Commercial
Key Takeaways of the Global Built-In Ovens Appliances Market Report:
- A comprehensive overview of the global Built-In Kitchen Appliances industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Built-In Ovens Appliances Market.
- Elaborate study of the leading regional markets in the global Built-In Ovens Appliances Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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