Market Size of Italy Kitchen Appliances Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 1.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Kitchen Appliances Product Market Analysis
Italy has emerged as a major exporter of kitchen appliances to various neighboring European countries. Increasing production of small kitchen appliances is giving rise to the demand in the domestic market and rising exports to other countries. Smartness and connectivity have emerged as a dominant trend in the market. Quality of life for households is raising the demand for kitchen appliances in the country. The main exporting destinations for Italy are Germany, France, United Kingdom, and the Russian Federation. Made in Italy Kitchen appliances are highly regarded by other countries in the world that includes small kitchen appliances. The category includes hobs, hoods, kitchens, ovens, sous-vide appliances which are regarded in the market.
Convenience is becoming increasingly important to consumers as they need to save time. Freestanding blenders and integrated cooking appliances are also posed to grow in the market. IoT and connected small appliances that can be switched off and on using sound and voice commands are also gaining popularity in the market. The market was hit severely by the coronavirus pandemic and outlook for 2021 and beyond look restrained for Italy kitchen appliance market as there were lower consumer confidence and minimal growth in private consumption. Apart from this, there were standard lockdown protocols, which may hit retailers. However, there was a demand increase for both medium-sized and small-sized appliances in the country.
