Market Size of Small Kitchen Appliances Industry
| Study Period | 2020-2029 |
| Market Size (2024) | USD 132.08 Billion |
| Market Size (2029) | USD 160.68 Billion |
| CAGR (2024 - 2029) | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Small Kitchen Appliances Market Analysis
The Small Kitchen Appliances Market size is estimated at USD 132.08 billion in 2024, and is expected to reach USD 160.68 billion by 2029, growing at a CAGR of greater than 4% during the forecast period (2024-2029).
Small kitchen appliances are usually minor compared to large appliances and are portable or semi-portable. These appliances are used on platforms, such as countertops and tabletops, to achieve a specific household task. Small appliances are often known to have both commercial and home versions, and only the home version for some devices, such as blenders and coffee makers.
The small kitchen appliance market is expected to grow in the coming years, owing to the growing living standards of the people, especially in the developing regions. The main factor that will likely drive the demand for small appliances is the development of innovative products in the market. As modern-day people are working in a hectic lifestyle, they will require devices that can work fast and efficiently in less time. Such concerns have led to the development of multifunctions at the same time. This has led to the developing of various multifunctional small appliances in the market, which have high growth opportunities. These kitchen appliances will likely witness strong demand in the coming future due to the need for easy kitchen work and the emergence of the modular kitchen.
People in the market are looking for products that are convenient to use and at the same time in their affordability range. The capacity and functionality of products are other important factors that are looked upon when consumers buy small kitchen appliances in the market. To meet varying customer demands, manufacturers are working on incorporating robotic technologies in small kitchen appliances to provide a user-friendly interface and enable ease of operations. Post-COVID, the small kitchen appliances market has seen a surge in demand as more people cook at home.
