Small cooking appliances is projected to see steady and stable growth in retail volume terms over the forecast period. As tourism and the economy recover, people should be spending more on non-essential items, including small cooking appliances.
Due to the impact of COVID-19 on logistics and the economy there was limited activity seen across consumer appliances toward the end of the review period in terms of new product development and innovation. However, over the forecast period, this should change with manufacturers likely to invest in new product launches to attract consumers back into stores.
Growth will likely also be fuelled by the fact more women are joining the workforce and thus are wanting to invest in small cooking appliances that can reduce their time spent in the kitchen, like breadmakers. Added to this, continuing the trend seen at the end of the review period, social influencers are likely to play a growing role in creating and driving demand for a range of products.
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Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.See All of Our Definitions
This report originates from Passport, our Small Cooking Appliances research and analysis database.
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