+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Australia Microwave Oven Market Report and Forecast 2025-2034

  • PDF Icon

    Report

  • 123 Pages
  • April 2025
  • Region: Australia
  • Expert Market Research
  • ID: 6077148
According to this report, the Australia microwave oven market size reached around USD 400.5 million in 2024. Aided by the growing demand for smart and multifunctional microwave ovens and the increasing consumer preference for energy-efficient and compact kitchen appliances, the market is projected to grow at a CAGR of 4.3% between 2025 and 2034, reaching a value of nearly USD 610.20 million by 2034.

The Australia microwave oven market expansion is being driven by the increasing demand for convenience, energy efficiency, and multifunctional kitchen solutions. Once considered a luxury appliance, microwave ovens have now become an essential part of modern Australian households. With busy lifestyles, growing urbanisation, and the demand for quick and easy cooking, microwave ovens are now integral to the kitchens of professionals, families, and students alike.

As per the Australia microwave oven market analysis, microwave ovens are highly valued for their speed and efficiency. As Australians become busier, they increasingly seek appliances that help them prepare meals in less time. Microwave ovens provide fast reheating, defrosting, and cooking capabilities, making them ideal for those with time constraints. They offer a simple solution for quick meals, which is especially beneficial for working parents, busy professionals, and students who need to prepare food quickly without spending a lot of time in the kitchen. This demand for time-saving cooking solutions has driven the market for microwave ovens in Australia.

The growing popularity of microwave ovens among health-conscious individuals is aiding the Australia microwave oven market growth. Many modern microwave ovens offer features such as steaming, grilling, and even baking, which enable users to prepare healthier meals without relying on excessive oil or fat. With more Australians focused on maintaining a healthy lifestyle, the versatility of microwave ovens allows consumers to prepare nutritious meals quickly and easily, contributing to the appliance's growing popularity.

Energy efficiency is another key factor boosting the Australia microwave oven market revenue. As electricity costs rise, Australian consumers are looking for ways to reduce their energy consumption. Microwave ovens are more energy-efficient than traditional ovens, as they cook food more quickly and use less electricity. This has made them an attractive option for eco-conscious consumers who are seeking to reduce their household energy bills. The energy-saving benefits of microwave ovens are particularly appealing as consumers become more aware of their environmental impact and strive to make more sustainable choices in their daily lives.

Technological advancements have also played a significant role in shaping the Australia microwave oven market dynamics. Modern models now come with smart technology, which allows users to control the appliance remotely using their smartphones. This feature adds an extra layer of convenience, as users can set cooking times, monitor food, and even access recipes from their mobile devices. Additionally, many newer models feature sensor cooking technology that adjusts cooking times based on the moisture content of the food, ensuring optimal results every time. These technological innovations have made microwave ovens more attractive to tech-savvy consumers, enhancing their functionality and ease of use.

Another factor driving the Australia microwave oven market development is the growing trend of apartment living and smaller household sizes in Australia. With more Australians opting for smaller homes and apartments, the demand for compact, space-saving appliances has increased. Microwave ovens are a perfect solution for smaller kitchens, as they take up less space than traditional ovens while offering the same functionality. The compact nature of microwave ovens makes them ideal for households where space is limited, making them increasingly popular in urban areas.

Multifunctional microwave ovens are also gaining popularity in the Australia microwave oven market. Consumers are now looking for appliances that can do more than just heat or reheat food. Modern microwave ovens come with a range of features, including convection cooking, grilling, and air frying, allowing users to prepare a variety of dishes with a single appliance. These multifunctional models are ideal for consumers who want to save space and reduce the number of appliances in their kitchens. The ability to cook, bake, grill, and fry with one unit makes microwave ovens even more versatile and appealing.

Leading global brands, such as Samsung, LG, Panasonic, and Sharp, dominate the Australia microwave oven market. These companies offer a wide range of models with varying features and price points, ensuring there is something for every consumer. As competition increases, manufacturers are focusing on innovation and product differentiation to attract consumers. Many brands are investing in energy-efficient designs, smart technology, and multifunctional features to meet the evolving needs of Australian consumers.

The rise of e-commerce has also played a key role in revolutionising the Australia microwave oven market landscape. Online shopping allows consumers to easily compare prices, read reviews, and find the best deals on microwave ovens. This has made it more convenient for Australian consumers to purchase microwave ovens from the comfort of their homes, contributing to the market's expansion. With the growth of online shopping, manufacturers are increasingly turning to digital platforms to reach a broader audience and cater to the growing demand for convenience.

Despite the positive growth in the Australia microwave oven market, there are challenges. Competition from other kitchen appliances, such as air fryers and induction cookers, has increased. These appliances offer similar benefits, such as quick cooking times and healthier cooking options, and are gaining popularity. Additionally, concerns about the environmental impact of electronic waste may affect the long-term growth of the market. To address these concerns, manufacturers will need to focus on developing sustainable products and offering recycling programmes to appeal to environmentally conscious consumers.

Market Segmentation

The market can be divided based on type, structure, application, end use, distribution channel, and region.

Market Breakup by Type

  • Grill
  • Solo
  • Convection

Market Breakup by Structure

  • Countertop
  • Built In

Market Breakup by Application

  • Hotel
  • Restaurants
  • Cafes
  • Bakeries
  • Others

Market Breakup by End Use

  • Residential
  • Commercial

Market Breakup by Distribution Channel

  • Multi-Brand Stores
  • Exclusive Stores
  • Online Stores
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Australian Capital Territory
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia microwave oven market.

Some of the major players explored in the report are as follows:

  • Panasonic Australia Pty Ltd.
  • Whirlpool (Australia) Pty Ltd.
  • LG Electronics Australia Pty Ltd.
  • Samsung Electronics Australia Pty Ltd.
  • BSH Home Appliances Pty Ltd.
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Australia Microwave Oven Market Overview
5.1 Key Industry Highlights
5.2 Australia Microwave Oven Historical Market (2018-2024)
5.3 Australia Microwave Oven Market Forecast (2025-2034)
6 Australia Microwave Oven Market by Type
6.1 Grill
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Solo
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
6.3 Convection
6.3.1 Historical Trend (2018-2024)
6.3.2 Forecast Trend (2025-2034)
7 Australia Microwave Oven Market by Structure
7.1 Countertop
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Built In
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Australia Microwave Oven Market by Application
8.1 Hotel
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Restaurants
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Cafes
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Bakeries
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Others
9 Australia Microwave Oven Market by End Use
9.1 Residential
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Commercial
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Australia Microwave Oven Market by Distribution Channel
10.1 Multi-Brand Stores
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Exclusive Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Online Stores
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Others
11 Australia Microwave Oven Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2024)
11.1.2 Forecast Trend (2025-2034)
11.2 Victoria
11.2.1 Historical Trend (2018-2024)
11.2.2 Forecast Trend (2025-2034)
11.3 Queensland
11.3.1 Historical Trend (2018-2024)
11.3.2 Forecast Trend (2025-2034)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2024)
11.4.2 Forecast Trend (2025-2034)
11.5 Western Australia
11.5.1 Historical Trend (2018-2024)
11.5.2 Forecast Trend (2025-2034)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Trade Data Analysis (HS Code - 85165)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Competitive Landscape
16.1 Supplier Selection
16.2 Key Global Players
16.3 Key Regional Players
16.4 Key Player Strategies
16.5 Company Profiles
16.5.1 Panasonic Australia Pty Ltd.
16.5.1.1 Company Overview
16.5.1.2 Product Portfolio
16.5.1.3 Demographic Reach and Achievements
16.5.1.4 Certifications
16.5.2 Whirlpool (Australia) Pty Ltd.
16.5.2.1 Company Overview
16.5.2.2 Product Portfolio
16.5.2.3 Demographic Reach and Achievements
16.5.2.4 Certifications
16.5.3 LG Electronics Australia Pty Ltd.
16.5.3.1 Company Overview
16.5.3.2 Product Portfolio
16.5.3.3 Demographic Reach and Achievements
16.5.3.4 Certifications
16.5.4 Samsung Electronics Australia Pty Ltd.
16.5.4.1 Company Overview
16.5.4.2 Product Portfolio
16.5.4.3 Demographic Reach and Achievements
16.5.4.4 Certifications
16.5.5 BSH Home Appliances Pty Ltd.
16.5.5.1 Company Overview
16.5.5.2 Product Portfolio
16.5.5.3 Demographic Reach and Achievements
16.5.5.4 Certifications
16.5.6 Others

Companies Mentioned

  • Whirlpool (Australia) Pty Ltd.
  • LG Electronics Australia Pty Ltd.
  • Samsung Electronics Australia Pty Ltd.
  • BSH Home Appliances Pty Ltd.
  • Others

Methodology

Loading
LOADING...

Table Information