Built-in hobs and freestanding cooker hoods will likely remain a popular product combination within large cooking appliances over the forecast period, supported by the prevalent at-home cooking culture in Malaysia which was already notable even prior to the home seclusion seen since COVID-19. Locals are well-known for valuing close relationships with family and friends and they enjoy cooking together, especially during festive seasons (e.
The uncertain future for Malaysia’s property market heading into the forecast period is likely to have some impact on demand for large cooking appliances, potentially restricting stronger growth. This may have a particularly significant impact on demand for built-in large cooking appliances, which is set to underperform compared to freestanding models in both volume and value terms.
Job losses and pay cuts resulting from COVID-19 along with rising costs and high inflation have led to a drop in disposable incomes which will likely continue to drive price sensitivity amongst local consumers over the forecast period. As such, all areas of large cooking appliances are set to record only moderate growth in retail volume terms, with overall volume sales not expected to return to pre-COVID-19 levels before 2025.
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Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.See All of Our Definitions
This report originates from Passport, our Large Cooking Appliances research and analysis database.
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