Australia Kitchen Appliances Market Size

Australia Kitchen Appliances Market Analysis

The Australia Kitchen Appliances Market size is estimated at USD 2.9 billion in 2024, and is expected to reach USD 3.5 billion by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).

The kitchen appliances market in Australia is significant and continues to grow. Factors like urbanization, a growing population, and an increasing focus on home cooking fuel the demand for modern and convenient kitchen appliances. Moreover, busy schedules and rapid changes in lifestyle are further fueling the demand for kitchen appliances, which make life more comfortable and easier. Additionally, innovations in technology and rising investments in research and development of various electric kitchen appliances are anticipated to drive the growth of the Australian kitchen appliances market during the forecast period. There is also rapid change in the way consumers shop for kitchen appliances. Residential building construction is forecast to increase over the period, supporting industry growth. In addition, household incomes are projected to rise over the next five years, with consumer sentiment remaining positive.

During the initial stage of COVID-19, the market experienced losses due to stoppages in manufacturing and distribution services caused by supply chain disruptions. Later, due to lockdowns and the work-from-home culture, the demand for kitchen appliances rose. Post-COVID, the market is experiencing gradual growth according to seasonal demand fluctuations.

Australian consumers prioritize convenience, energy efficiency, and aesthetics when it comes to kitchen appliances. Products that are easy to use, energy-efficient, and visually appealing perform well in the market. Energy-efficient appliances are highly sought after in Australia due to rising energy costs and a growing awareness of environmental concerns. Appliances with high energy efficiency ratings are popular among consumers. Health-conscious consumers are driving the demand for appliances that support healthy cooking and eating habits. Products like air fryers, steam ovens, and blenders for making smoothies are popular. Kitchen appliances are sold through various retail channels, including brick-and-mortar stores, department stores, specialty appliance retailers, and online platforms. Online sales gained traction, particularly for small appliances.