Overall, small cooking appliances is projected to see positive retail volume sales growth over 2021. As in 2020, more home-centred lifestyles, due to remote working and studying and restrictions on socialising, including foodservice establishments, stimulated the demand for small cooking appliances.
Outside of coffee machines, kettles is projected to see the fastest retail volume sales growth over 2021. This is partly because of the increasing number of gas-free apartments in Ukraine.
Groupe SEB is predicted to remain the leader in a highly fragmented competitive landscape in 2021. The company offers a wide range of brands/products across categories, including key ones like kettles, rice cookers and coffee machines.
Overall, small cooking appliances is expected to see moderate, but steady retail volume growth through the forecast period. Despite rising price-sensitivity and an upturn in demand for certain small cooking appliances during the pandemic, there are signs of saturation.
Hard pods is projected to see the highest retail volume CAGR over the forecast period. This forecast is connected to the increasing availability and wider range of coffee for hard pods, in line with the growing coffee culture in the country.
Outside of coffee machines, slow cookers is predicted to post the fastest retail volume CAGR over the forecast period, largely due to healthy eating trends. As a result, slow cookers are expected to replace electric steamers and rice cookers, while fryers remains another casualty of more health-orientated cooking and consumption.
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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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