German Kitchen Appliances Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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German Kitchen Appliances Market Analysis
Germany is considered a mature and developed market in the kitchen appliances industry. Kitchen appliances are cooking appliances designed for smooth easy cooking. Gas or electricity is used to operate kitchen appliances. These appliances are majorly used for cooking, storage, and cleaning functions within the kitchen. Germany has been the focal point of development in the European region in terms of innovation and considering the requirements of the consumers. The sales of these appliances in the German market depends upon the trade deals for the remodeling and renovation of houses or exchange and up-gradation of older kitchen appliances. The technical and mechanical advancements in the kitchen appliances products have contributed towards enhancing the way of life of individuals in Germany. A wave of change in the use of these products can be seen because of the increasing disposable income of German citizens and the fast urbanization. The rising purchasing power of consumers is estimated to enhance the growth of the market in the coming few years.
German Kitchen Appliances Market Trends
This section covers the major market trends shaping the Germany Kitchen Appliances Market according to our research experts:
Raising Disposable Income Germany is Driving the Market
Disposable income within each household has spurred the growth of kitchen appliances. As the income of the average household increases, there has been a rise in the consumer need for kitchen appliances. New innovations in kitchen appliances and products have augmented the time and efficiency of the operation of kitchen appliances. These developments have further incentivized the need to buy kitchen appliances. Innovations, such as modular kitchens. An increase in surplus money and a growing number of working populations in urban societies is anticipated to drive the demand for high-end products. Increasing levels of disposable income which has enabled several consumers to purchase the advanced and innovative products being presented by the manufacturers.
Small Kitchen Appliances are Dominating the Market
Small kitchen appliances are semi-portable or portable machines, basically used on platforms such as counter-tops and tabletops to accomplish a certain household task. Convenience in the usage of compact kitchen appliances, owing to ease in handling and maintenance is fuelling the growth of the small kitchen appliances market. The rise in the number of millennials using kitchen appliances with compact designs and multiple functionalities is anticipate driving the small kitchen appliances market. Manufacturers are also incorporating connected technologies in their products to save time. Some of the latest technologies being used are Wi-Fi, cameras, touchscreens, and other upgrades. Value-added features and upgrading the new products are also anticipated to trigger the demand for small appliances in the upcoming years.
German Kitchen Appliances Industry Overview
The report covers major international players operating in the Germany kitchen appliances market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
German Kitchen Appliances Market Leaders
BSH Hausgeräte GmbH
Miele & Cie GmbH & Co
AEG Hausgeräte GmbH
Bauknecht Hausgeräte GmbH
Samsung Electronics GmbH
*Disclaimer: Major Players sorted in no particular order
German Kitchen Appliances Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain / Supply Chain Analysis
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4.5 Porters 5 Force Analysis
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4.5.1 Threat of New Entrants
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4.5.2 Bargaining Power of Buyers/Consumers
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4.5.3 Bargaining Power of Suppliers
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4.5.4 Threat of Substitute Products
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4.5.5 Intensity of Competitive Rivalry
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4.6 Impact of COVID-19 on the Market
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5. MARKET SEGMENTATION
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5.1 Product Type
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5.1.1 Food Preparation Appliances
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5.1.2 Small Cooking Appliances
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5.1.3 Large Kitchen Appliances
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5.1.4 Other Kitchen appliances
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5.2 Distribution Channel
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5.2.1 Specialist Retailers
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5.2.2 E-commerce
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5.2.3 Supermarkets and Hypermarkets
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5.2.4 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profiles
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6.2.1 BSH Hausgeräte GmbH
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6.2.2 AEG Hausgeräte GmbH
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6.2.3 Miele & Cie GmbH & Co
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6.2.4 Bauknecht Hausgeräte GmbH
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6.2.5 Samsung Electronics GmbH
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6.2.6 Gorenje Vertriebs GmbH
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6.2.7 Teka Group
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6.2.8 Grundig
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6.2.9 Clatronic GmbH
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6.2.10 LG Electronics GmbH
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6.2.11 Philips GmbH
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. APPENDIX
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9. DISCLAIMER
German Kitchen Appliances Industry Segmentation
A complete background analysis of the Germany kitchen appliances market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.
| Product Type | |
| Food Preparation Appliances | |
| Small Cooking Appliances | |
| Large Kitchen Appliances | |
| Other Kitchen appliances |
| Distribution Channel | |
| Specialist Retailers | |
| E-commerce | |
| Supermarkets and Hypermarkets | |
| Other Distribution Channels |
German Kitchen Appliances Market Research FAQs
What is the current Germany Kitchen Appliances Market size?
The Germany Kitchen Appliances Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Germany Kitchen Appliances Market?
BSH Hausgeräte GmbH, Miele & Cie GmbH & Co, AEG Hausgeräte GmbH, Bauknecht Hausgeräte GmbH and Samsung Electronics GmbH are the major companies operating in the Germany Kitchen Appliances Market.
What years does this Germany Kitchen Appliances Market cover?
The report covers the Germany Kitchen Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Germany Kitchen Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
German Kitchen Appliances Industry Report
Statistics for the 2024 German Kitchen Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. German Kitchen Appliances analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
