Cookers & Ovens - Global Strategic Business Report

The global market for Cookers & Ovens was estimated at US$176.2 Million in 2024 and is projected to reach US$228.6 Million by 2030, growing at a CAGR of 4.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Cookers & Ovens market.

Global Cookers & Ovens Market - Key Trends & Drivers Summarized

What Are the Emerging Technological Advancements in Cookers & Ovens?

The cookers and ovens market is witnessing a surge in technological innovations that are redefining cooking efficiency, precision, and convenience. Smart connectivity has become a dominant trend, with Wi-Fi and Bluetooth-enabled appliances allowing users to control and monitor cooking through mobile applications. This integration aligns with the broader Internet of Things (IoT) revolution, enabling remote operation, voice control through virtual assistants, and automatic recipe adjustments. Induction technology has also gained significant traction due to its energy efficiency and faster cooking times compared to conventional gas or electric stoves. Furthermore, the rise of convection and steam ovens has introduced healthier cooking options, as these appliances help retain nutrients and enhance flavor without excessive oil usage. Additionally, the incorporation of advanced sensors, artificial intelligence (AI)-powered cooking assistants, and precise temperature control mechanisms has revolutionized food preparation by ensuring consistently perfect results. As sustainability becomes a key priority, manufacturers are integrating eco-friendly solutions such as energy-efficient heating elements and recyclable materials to minimize environmental impact.

How Is Consumer Preference Shaping Market Demand?

Evolving consumer lifestyles and preferences are significantly influencing the demand for cookers and ovens, with a growing emphasis on convenience, speed, and multi-functionality. The modern consumer seeks appliances that can cater to diverse cooking styles, from traditional slow cooking to high-speed baking and grilling. Multi-functional cookers, such as combination microwave-convection ovens and hybrid air fryer ovens, are experiencing a surge in demand due to their versatility and ability to prepare multiple dishes simultaneously. Urbanization and shrinking kitchen spaces have also fueled the adoption of compact, space-saving appliances, leading to increased interest in built-in ovens and countertop models. The rise of home cooking trends, further propelled by social media, has encouraged consumers to invest in high-performance kitchen appliances that offer professional-grade results. Additionally, the shift toward health-conscious eating has driven demand for steam ovens and air fryers, which provide healthier alternatives to traditional frying methods. Sustainability concerns have further prompted consumers to opt for energy-efficient and low-emission cookers, reinforcing the industry`s commitment to eco-friendly solutions.

Which End-Use Sectors Are Driving Market Expansion?

The cookers and ovens market extends beyond residential kitchens, with a robust demand from the commercial sector, particularly in restaurants, bakeries, catering businesses, and hospitality establishments. The foodservice industry relies heavily on high-capacity ovens and commercial-grade cookers to meet large-scale cooking requirements efficiently. The increasing popularity of cloud kitchens and food delivery services has further intensified the demand for high-speed ovens, conveyor ovens, and combination cooking units that optimize food preparation times. Moreover, the expanding bakery and confectionery industry, driven by the growing global appetite for baked goods, has created a steady demand for specialized ovens such as deck ovens, rotary ovens, and tunnel ovens. In institutional settings like hospitals, schools, and corporate cafeterias, bulk cooking solutions that ensure food safety, uniform heating, and large-scale meal preparation remain essential. Additionally, the rise of outdoor cooking trends, including barbecues and pizza ovens, has introduced new opportunities within the consumer segment, leading to increased sales of portable and high-performance outdoor cooking appliances. The integration of automation in commercial cooking equipment is also enhancing operational efficiency, reducing labor costs, and ensuring consistent quality across large food production units.

What Factors Are Fueling the Growth of the Cookers & Ovens Market?

The growth in the cookers and ovens market is driven by several factors, primarily technological advancements, evolving consumer preferences, and industry-specific demands. The increasing adoption of smart kitchen appliances, powered by IoT and AI-driven functionalities, has significantly contributed to market expansion, as consumers and businesses alike seek intelligent, automated cooking solutions. The surge in urbanization and the growing number of nuclear families have led to heightened demand for compact, efficient, and multi-functional cooking appliances, particularly in apartments and modern homes. The rising inclination toward energy-efficient and environmentally friendly appliances, driven by stringent government regulations and sustainability initiatives, has propelled the development of low-energy consumption ovens and cookers. The foodservice industry, including quick-service restaurants (QSRs) and cloud kitchens, has played a crucial role in boosting demand for high-performance commercial-grade cookers and ovens designed for rapid food preparation. Additionally, the growing disposable income of consumers, coupled with increasing awareness of gourmet cooking and baking at home, has fostered the market for high-end, technologically advanced kitchen appliances. The integration of automation and robotics in commercial kitchen equipment, aimed at enhancing precision and efficiency, is another notable factor influencing market growth. Lastly, the expansion of e-commerce platforms and the availability of a wide range of products with competitive pricing, financing options, and doorstep delivery services have further facilitated the market’s upward trajectory.

Report Scope

The report analyzes the Cookers & Ovens market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Product Type (Cooktops and Cooking Ranges, Ovens, Cookers); Distribution Channel (Offline Distribution Channel, Online Distribution Channel)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Cooktops & Cooking Ranges segment, which is expected to reach US$118.3 Million by 2030 with a CAGR of a 5.3%. The Ovens segment is also set to grow at 4.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $48.0 Million in 2024, and China, forecasted to grow at an impressive 8.2% CAGR to reach $47.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Cookers & Ovens Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cookers & Ovens Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Cookers & Ovens Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Beko (Arçelik A.S.), Electrolux AB, Fissler GmbH, Gorenje, Groupe SEB and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 42 Featured):

• Beko (Arçelik A.S.)
• Electrolux AB
• Fissler GmbH
• Gorenje
• Groupe SEB
• Haier Group
• Koninklijke Philips N.V.
• LG Electronics Inc.
• Middleby Corporation
• Midea Group
• Miele
• Panasonic Corporation
• Robert Bosch GmbH
• Samsung Electronics Co., Ltd.
• Smeg S.p.A.
• Sub-Zero Group, Inc.
• Teka Group
• Whirlpool Corporation
• WMF Group
• Zwilling J.A. Henckels AG

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry