Global Built
The popularity of built-in kitchen appliances is driven by a combination of functional, aesthetic, and technological factors that appeal to modern consumers. | Smart features, multi-functionality, and self-cleaning options are all designed to make cooking and cleaning easier, while steam cooking and sleek design aesthetics cater to consumers' interests in health and style.
Clifton, New Jersey, May 16, 2023 (GLOBE NEWSWIRE) -- Modern kitchen design often emphasizes sleek, streamlined aesthetics that can be achieved through built-in appliances. Consumers today are looking for kitchens that are not only functional but also stylish and visually appealing. Built-in appliances can help maximize kitchen space and create a more open and uncluttered look. This is especially important in smaller kitchens or homes where space is at a premium. Built-in appliances can increase the value of a home and make it more attractive to potential buyers. This is particularly true for high-end, luxury appliances that are built into the cabinetry, creating a more cohesive and harmonious look. This is especially important for consumers who value the overall aesthetic of their kitchen. For example, built-in ovens may have touch-screen displays or smart home connectivity, while built-in dishwashers may have multiple wash cycles or energy-saving features.
Key Takeaways:
Built-in refrigerators account for the most preferred built-in kitchen appliances with a 26.66% share due to their sleek and modern design that seamlessly integrates into the kitchen cabinetry and their spacious and customizable storage options.
Built-in hoods are increasing rapidly at a CAGR of 7.03% due to several factors, such as the growing trend of modular kitchen designs, the increasing popularity of home-cooked meals, and a sleek and modern look to the kitchen while saving space.
North America leads with a 44% share, driven by modern and luxury built-in kitchen appliances in open-concept homes and home renovation activities.
Residential built-in kitchen appliances will see increased demand over the forecast period at a CAGR of 6.65%.
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Some of the trends in built-in hobs are hobs with induction cooking, hobs with touch controls, gas on glass, integrated ventilation, and a variety of grill and griddle options. Coffee makers that offer a range of brewing options are becoming more popular as consumers seek a more authentic coffee experience. Smart coffee makers are becoming more popular, allowing users to control and customize their coffee using an app on their smartphone or tablet. Portable coffee makers that are lightweight and compact are increasingly being bought by North Americans. Built-in ovens with smart features, such as WiFi connectivity and app control, that perform multiple functions, such as baking, broiling, and grilling, are becoming more popular. Additionally, ovens with clean lines, stainless steel finishes, and touch controls are becoming more popular. Built-in ovens with a steam function that help lock in nutrients and moisture and a self-cleaning feature that further eliminates the need for harsh chemicals and scrubbing are becoming more popular. Smart technology integration in built-in refrigerators allows users to remotely control and monitor the temperature, humidity levels, and energy consumption through their smartphones or tablets. Customizable storage options, with adjustable shelves, drawers, and bins that can be moved or removed to accommodate different types and sizes of food items, are being considered good options. Many models are designed to be energy-efficient, with features such as LED lighting, dual compressors, and improved insulation. Additionally, integrated water and ice dispensers, crushed ice, sparkling water, or hot water dispensers are features that consumers are looking out for. Sub-Zero, Thermador, Bosch, Miele, LG, Samsung, and GE are popular brands that offer built-in refrigerators in global markets.
The global built-in kitchen appliances market faces some restraints that may impact its growth, like high costs and installation challenges, limited flexibility, and repair costs. The market is highly competitive, with a large number of established players and new entrants vying for market share. With the advent of new technologies, companies must constantly innovate to stay ahead of the curve and meet the evolving needs of consumers. Consumers are increasingly demanding eco-friendly, energy-efficient, and smart appliances, which may require significant investments in R&D.
"The residential built-in kitchen appliance market is expected to continue growing due to the increasing demand for modern, efficient, and connected appliances in homes around the world," says Mr. Dhwipal Shah, from Bonafide Research. The growing popularity of smart homes and the Internet of Things (IoT) has led to the development of connected built-in kitchen appliances. These appliances can be controlled and monitored remotely through a smartphone app or virtual assistant, adding convenience and functionality to the kitchen.
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Commercial kitchens are typically larger and have higher usage rates, so they require more heavy-duty and durable equipment. Additionally, commercial kitchens often have specific needs and regulations that must be met, such as health and safety codes, which require specialized equipment. As a result, the commercial built-in kitchen appliance market is typically more focused on meeting the unique needs of professional kitchens. The demand is driven by the HoReCa sector's desire to reduce costs associated with installing and maintaining conventional cooking equipment. Furthermore, these appliances eliminate the need for large spaces owing to their compact design and are easy to clean as they have a glass front panel that allows users access to inner components without having to open up the entire machine.
According to a survey conducted in the USA, over 65% of Americans own at least one smart gadget, indicating that most customers find these modern helpers useful in their everyday jobs and activities. Whirlpool Corporation is a home-grown manufacturer and supplier of built-in kitchen appliances in North America. It is among the first few companies to capture various top-notch brands under its portfolio, such as Jenn-Air, Amana, KitchenAid, Maytag, and Whirlpool. The portfolio for built-in kitchen appliances includes a wide variety of technological advancements like artificial intelligence, sensor-based technology, and a few other features by various brands such as Electrolux, Whirlpool, and Samsung, which has caused competition to offer a wide variety to choose from among customers.
The European built-in kitchen appliances market is also anticipated to grow at a substantial rate due to consumer shifts towards the use of induction cookers, microwave ovens, induction ranges, electricity-operated products, and rising disposable incomes. The growing digitalization is shaping the future of the market. The number of smart homes, which is constantly growing, is adding an advantage to the market by increasing the usage of connected appliances in the region. Similarly, distribution is notably tending towards channels featuring high discounts, including private label goods outlets, mega markets offering high discounts through tax rebates, and tie-ups with manufacturers. The introduction of smart features in refrigerators was a major breakthrough in product evolution, and it helped the market strengthen its position.
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Asia-Pacific is the expected region in terms of growth in the built-in appliance market due to increasing residential projects, rising power infrastructure development in rural India, and the growing trend of nuclear families in this region. Japan is a significant market for built-in kitchen appliances. The demand for luxury and technologically advanced kitchen appliances is increasing in Japan, influenced by a high standard of living. Japanese consumers also tend to prioritize energy efficiency and eco-friendliness in their appliances, leading to a demand for environmentally friendly and energy-saving models. Some major players in the Japanese market for built-in kitchen appliances include Panasonic, Mitsubishi Electric, Sharp, and Hitachi.
The construction sector is witnessing substantial demand for enhanced and smart homes equipped with technologically advanced appliances and devices. Developing countries such as Brazil have made interesting strides in smart home developments, which imply an increase in the adoption of built-in kitchen appliances. The rapid shift in the mindsets of the Brazilian population is heavily impacting the growth of integrated appliances such as built-in ovens, built-in hobs, built-in hoods, built-in refrigerators, built-in dishwashers, and others. Also, the hospitality industry in various geographies is procuring robotic or built-in technologies and connected technologies to enhance customer satisfaction. Various hotel management teams are showcasing interest in transforming their kitchens into smart built-in kitchens with the procurement of these kitchen appliances.
Consumer durables players like Whirlpool, LG, Electrolux, Samsung, BSH, etc. are looking to double their business in the built-in appliance space in the MEA region. Major players have tied up with real estate players like DLF, through which they are able to provide appliance solutions to their customers. Samsung expanded into the built-in kitchen appliances market with Sempio to strengthen its business, eyeing the rising demand for built-in kitchens for luxury mansions, premium apartments, and food businesses. Qatar and the UAE are dominated by Western manufacturers, while future demands are expected to be driven by replacement products. Penetration in other GCC countries is low, but growth is high and in line with rising household purchasing power. In addition to that, increased focus on the strongest brands and product categories is constantly seen in the Middle East and Africa.
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Considered in the Report
Geography: Global
Historic Year: 2017
Base year: 2022
Estimated year: 2023
Forecast year: 2028
Market Segmentation
Details
By Product Type
Built-In Ovens
Built-In Hobs
Built-In Hoods
Built-In Refrigerators
Built-In Dishwashers
Others
By Application Type
Commercial
Residential
By Region
North America
Europe
Asia Pacific
South America
Middle East & Africa
By Country
US, Canada, Mexico
United Kingdom, Germany, France, Italy, Spain, Russia
China, India, Japan, South Korea, Australia
Brazil, Columbia, Argentina,
Saudi Arabia, UAE, South Africa
Company profiles
BSH Home Appliances
Electrolux
Whirlpool
ROBAM
Elica
Vatti
Panasonic
Gorenje
Arcelik AS
Macro
GD Midea Holding
Samsung Electronics Co. Ltd
Morphy Richards
LG Electronics Inc.
Hitachi Appliances Inc.
Koninklijke Philips N.V.
GE Appliances
Hafele appliances
Sub-Zero Group, Inc.
Miele& Cie. KG
Other Market Details
Key Drivers & Key Challenges,
Market Trends and Developments,
Strategic Recommendations
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