Range Cooker Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A range cooker is a type of freestanding cooker which consists of hob burners, two or more good sized ovens, and a grill. In some instances, a range cooker may also involve up to three ovens and seven burners on the top. These cookers are designed with high practicality and are a perfect choice for the people who desire for the best. Considering high craving for home cooked food, the range cooker market is anticipated to grow positively in coming years.

MARKET SCOPE

The "Global Range Cooker Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the range cooker market with detailed market segmentation by type, application, distribution channel, and geography. The report provides key statistics on the market status of the leading range cooker market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global range cooker market is segmented into electric, gas and others.
  
•   On the basis of application, the market is segmented into residential, commercial and others.
  
•   Based on distribution channel, the market is bifurcated into online and offline.
  

MARKET DYNAMICS

Drivers:

•   Increasing trend of food-at-home cooking in various developed countries.
  
•   Rising urbanization and increasing per capita disposable income to boost market growth of range cookers.
  
•   Growing inclination towards different cooking techniques and unique recipes.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The range cooker market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the range cooker market in these regions.

IMPACT OF COVID-19ON RANGE COOKER MARKET

The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Due to job loss or salary cut, buying capacity of the consumer was hampered to a great extent. Spending on non-essentials was curtailed drastically. Also, due to restriction of limited workforce, this market was also affected from supply side. However, after the situation gets back to normalcy, this market is expected to grow positively.

MARKET PLAYERS

The report covers key developments in the range cooker market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from range cooker market are anticipated to lucrative growth opportunities in the future with the rising demand for range cooker in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the range cooker market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Amana
  
•   Frigidaire
  
•   GE Appliances
  
•   La Cornue
  
•   LG Electronics
  
•   Monogram
  
•   SMEG S.p.A.
  
•   THERMADOR
  
•   VIKING RANGE, LLC
  
•   Whirlpool
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Range Cooker Report Scope