Global Built-In Kitchen Appliances Market Research Report, 2023-28

Built-in kitchen appliances are those that are permanently installed and integrated into the kitchen space. They are seamlessly integrated into any kitchen design and contribute to the kitchen's clean and modern appearance. Because they are built directly in the kitchen, these appliances are simple to manage and operate. Furthermore, these built-in kitchen appliances enhance the overall appearance of the cooking area. Furthermore, these built-in kitchen appliances are very adaptable in terms of daily cleaning and maintenance. One of the primary motivators is a change in lifestyle. People are living in cities in smaller spaces; there are more single-person households; people travel and get inspiration from all over the world; and they may have less time. The kitchen has evolved into the focal point of the home. The appliances must be functional and simple to use. This is one of the driving forces behind the development of smart and connected appliances. The kitchen's role in the home has evolved dramatically over time. What was once just a place for food preparation is now the heart of the home. Cooking is now accompanied by a wider range of activities, such as fashion statements, socializing, dining, and so on. The technology used in the kitchen has had to adapt to meet the needs of consumers as their use of the kitchen has changed. According to the research report, "Global Built-in Kitchen Appliances Market Research Report, 2023–28," published by Actual Market Research, the market is anticipated to reach USD 25 billion, increasing from USD 17.7 billion in 2022 and registering a CAGR of more than 6%. Because built-in kitchen appliances are mostly hidden behind cabinetry doors, their use in residential settings is typically focused on cost efficiency rather than appearance. Because most people have kitchens with enough physical space for at least one appliance side by side, it is uncommon for homeowners to install all major built-in kitchens. Built-in kitchen appliances, on the other hand, can be an excellent addition to any commercial kitchen. They are made of durable materials that can withstand the rigorous demands of commercial use on a daily basis, and they include convenience features such as dishwashers, wine refrigerators, and microwave ovens. Rising quality products at lower costs are a critical factor driving the market's expansion. Also driving the built-in appliances market are rising smart kitchen appliances, rising availability of smart kitchen appliances and quality products at low cost, rising technological advancement, increased health concerns among customers, and rising demand for kitchen appliances due to population growth. Based on product type, the market is segmented into various products, including built-in ovens, built-in hobs, built-in hoods, built-in refrigerators, built-in dishwashers, and others. Among them, built-in refrigerators are anticipated to gain the most market share, with more than 25% during the forecast period. Further, based on the application type, the commercial segment is leading the market with more than 55% of the market in 2022. The incorporation of advanced electronic features into modern kitchen appliances has resulted in these devices being extremely efficient. Built-in cooking appliances save space while also performing their primary functions efficiently. Demand for such appliances is expected to rise as the number of people living in small houses grows. The seamless integration of built-in kitchen equipment adds to the aesthetics of the cooking area. Cleaning and maintaining built-in kitchen equipment is simple because leading brands include auto-cleaning systems built into the appliances. A growing number of built-in kitchen appliance manufacturers are labeling their products as "energy-efficient" to keep up with the trend of sustainability. Built-in kitchen appliances are becoming more sophisticated as high-end technology is incorporated into them. To give the kitchen a more sophisticated appeal, various brands are offering multiple color choices in the cabinet areas, along with additional textures and unique materials. Even households in developing countries are now incorporating modular kitchens into their living spaces. Built-in kitchen appliances are those that are permanently installed and integrated into the kitchen space. They are seamlessly integrated into any kitchen design and contribute to the kitchen's clean and modern appearance. Because they are built directly in the kitchen, these appliances are simple to manage and operate. Furthermore, these built-in kitchen appliances enhance the overall appearance of the cooking area. Furthermore, these built-in kitchen appliances are very adaptable in terms of daily cleaning and maintenance. Crompton Greaves Consumer Electricals (Crompton), an Indian market leader in fans, domestic pumps, water heaters, and lighting, has entered the built-in kitchen appliances segment with a comprehensive line of chimneys, hobs, built-in ovens, built-in microwaves, and dishwashers. The company is particularly interested in kitchens. The company's entry into the built-in appliances segment will further solidify its position in the kitchen space, while also driving brand growth and premiumization. Crompton believes that products should be launched based on clear consumer insights. Covid-19 Impacts: The supply chain for the built-in cooking appliance industry was disrupted by the COVID-19 pandemic outbreak and the accompanying limitations imposed by numerous countries around the world to stop the spread of coronavirus at the beginning of 2020. Production facilities were temporarily shut down as a result of the constraints, but international trade and logistical operations were also hampered. However, governments began to relax some of the restrictions in the middle of 2020, causing the market to recover sooner than expected. As more people worked from home, sales of these appliances increased. Major Companies present in the market: BSH Hausgeräte, Electrolux, Whirlpool, ROBAM, Elica, Vatti, Panasonic, Gorenje, Arcelik AS, Macro Considered in this report • Geography: Global • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Global built-in kitchen appliances market with its value and forecast along with its segments • Region-wise built-in kitchen appliances market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions covered in the report: • North America • Europe • Asia-Pacific • South America • Middle-East & Africa By Product Type: • Built-In Ovens • Built-In Hobs • Built-In Hoods • Built-In Refrigerators • Built-In Dishwashers • Others (Trash cans cabinets, coffee makers, etc.) By Application Type: • Commercial • Residential The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.  Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the built-in kitchen appliances industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.