Market Size of Europe Small Kitchen Appliances Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 18.49 Billion |
Market Size (2029) | USD 20.92 Billion |
CAGR (2024 - 2029) | > 2.50 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Small Kitchen Appliances Market Analysis
The Europe Small Kitchen Appliances Market size is estimated at USD 18.49 billion in 2024, and is expected to reach USD 20.92 billion by 2029, growing at a CAGR of greater than 2.5% during the forecast period (2024-2029).
Small kitchen appliances are gaining popularity due to consumers' changing lifestyles, increasing the demand for these appliances. Consumers are becoming tech-savvy and using these appliances to save time. Small kitchen appliance manufacturers are expanding their product portfolios owing to the increase in demand from end users. Manufacturers are also incorporating connected technologies in their products to save time. The European market for small kitchen appliances is expected to witness significant growth over the coming years due to the growing living standards of consumers. Small kitchen appliances have three main advantages like: saving time, decreasing manual efforts, and providing effective results. Value-added features and upgraded new products are also anticipated to boost the demand for small kitchen appliances in the upcoming years.
The post-COVID-19 scenario has had a significant impact on the small kitchen appliances market in Europe. With more people spending time at home and cooking their meals, there has been a surge in demand for small kitchen appliances. People are investing in appliances like blenders, food processors, air fryers, and coffee makers to make their cooking experience more convenient. Additionally, there has been a growing interest in healthier cooking options, leading to increased demand for appliances that support healthy eating habits.