
U.S. Range Cooker Market Size, Share & Trends Analysis Report By Price Range, By Size (24", 30", Above 30"), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), And Segment Forecasts, 2021 - 2028
Description
U.S. Range Cooker Market Size, Share & Trends Analysis Report By Price Range, By Size (24", 30", Above 30"), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), And Segment Forecasts, 2021 - 2028
U.S. Range Cooker Market Growth & Trends
The U.S. range cooker market size is anticipated to reach USD 2.66 billion by 2028, registering a CAGR of 7.7% over the
forecast period, according to a new report by Grand View Research, Inc. The deployment of stylish and functional appliances
in kitchens with multi-functionality features is an ongoing trend in the residential sector. This, combined with the trend of
remodeling homes to build and accommodate modular kitchens, is resulting in fast-paced product adoption in the country.
Consumers’ focus on attracting a higher resale value from remodeling projects has also driven the prominence of range cookers
in homes. For instance, minor kitchen remodeling can lead to an average of 81.1% of the reoccupied cost, whereas major
kitchen remodeling can lead to a 59.0% return on the cost. Thus, consumers are loosening their purse strings and building
high-end kitchens for their homes by installing advanced cooking appliances.
The growing trend of food away from home is resulting in the increasing number of restaurants, hotels, resorts, food
stations, and other commercial eateries across the country. Consumers seek quality and tasty food with minimum waiting time,
compelling owners of food joints to invest in modern and integrated cooking appliances. These outlets need high-capacity and
efficient kitchen appliances to be able to serve large masses in a short time while also focusing on the quality of the food
they serve. Range cookers are ideal for such commercial applications. Thus, product adoption in restaurants and eateries is
projected to grow in the coming years.
U.S. Range Cooker Market Report Highlights
U.S. Range Cooker Market Growth & Trends
The U.S. range cooker market size is anticipated to reach USD 2.66 billion by 2028, registering a CAGR of 7.7% over the
forecast period, according to a new report by Grand View Research, Inc. The deployment of stylish and functional appliances
in kitchens with multi-functionality features is an ongoing trend in the residential sector. This, combined with the trend of
remodeling homes to build and accommodate modular kitchens, is resulting in fast-paced product adoption in the country.
Consumers’ focus on attracting a higher resale value from remodeling projects has also driven the prominence of range cookers
in homes. For instance, minor kitchen remodeling can lead to an average of 81.1% of the reoccupied cost, whereas major
kitchen remodeling can lead to a 59.0% return on the cost. Thus, consumers are loosening their purse strings and building
high-end kitchens for their homes by installing advanced cooking appliances.
The growing trend of food away from home is resulting in the increasing number of restaurants, hotels, resorts, food
stations, and other commercial eateries across the country. Consumers seek quality and tasty food with minimum waiting time,
compelling owners of food joints to invest in modern and integrated cooking appliances. These outlets need high-capacity and
efficient kitchen appliances to be able to serve large masses in a short time while also focusing on the quality of the food
they serve. Range cookers are ideal for such commercial applications. Thus, product adoption in restaurants and eateries is
projected to grow in the coming years.
U.S. Range Cooker Market Report Highlights
- The rising demand for products designed for specific set-ups and purposes will drive the market in the coming years
- Since these appliances are bigger, they offer more settings, functions, and cooking options
- Many even feature a separate grill so consumers can grill and roast food at the same time
- Above USD 5000 price range dominated the market in 2020 with a revenue share of over 48%
- The 30” size segment is projected to register the fastest CAGR of more than 8% from 2021 to 2028
- The residential application segment is projected to account for the highest revenue share by 2028 registering the
Table of Contents
80 Pages
- Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR’s Internal Database
- 1.3.3 Secondary Sources And Third-Party Perspectives
- 1.3.4 Primary Research
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Data Visualization
- 1.6 Data Validation and Publishing
- Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Size Outlook
- 2.3 Price range Outlook
- 2.4 Application Outlook
- 2.5 Distribution Channel Outlook
- Chapter 3 U.S. Range Cooker Market Variables, Trends, & Scope
- 3.1 Market Introduction
- Chapter 4 Consumer Behavior Analysis
- 4.1 Consumer Trends & Preferences
- 4.2 Factors Affecting Buying Decision
- 4.3 Consumer Service Adoption
- 4.4 Observations & Recommendations
- Chapter 5 U.S. Range Cookers Market: Size Estimates & Trend Analysis
- 5.1 Size Movement Analysis & Market Share, 2020 & 2028
- 5.2 20”
- 5.2.1 20” U.S. Range Cookers Market estimates and forecast, 2016 - 2028 (USD Million)
- 5.3 24”
- 5.3.1 24” U.S. Range Cookers Market estimates and forecast, 2016 - 2028 (USD Million)
- 5.4 30”
- 5.4.1 30” U.S. Range Cookers Market estimates and forecast, 2016 - 2028 (USD Million)
- 5.5 Above 30”
- 5.5.1 Above 30” U.S. Range Cookers Market estimates and forecast, 2016 - 2028 (USD Million)
- Chapter 6 U.S. Range Cookers Market: Price Range Estimates & Trend Analysis
- 6.1 Price Range Movement Analysis & Market Share, 2020 & 2028
- 6.2 USD 1,000 and Below
- 6.2.1 Range Cookers Market estimates and Forecast For USD 1,000 U.S. And Below, 2016 - 2028 (USD Million)
- 6.3 USD 1,001 - USD 3,000
- 6.3.1 U.S. Range Cookers Market Estimates And Forecast For USD 1,001 - USD 3,000, 2016 - 2028 (USD Million)
- 6.4 USD 3,001 - USD 5,000
- 6.4.1 U.S. Range Cookers Market Estimates And Forecast For USD 3,001 - USD 5,000, 2016 - 2028 (USD Million)
- 6.5 Above USD 5,000
- 6.5.1 U.S. Range Cookers Market estimates and forecast FOR Above USD 5,000, 2016 - 2028 (USD Million)
- Chapter 7 U.S. Range Cookers Market: Application Estimates & Trend Analysis
- 7.1 Application Movement Analysis & Market Share, 2020 & 2028
- 7.2 Residential
- 7.2.1 U.S. Range Cookers Market estimates and forecast From Residential Application, 2016 - 2028 (USD Million)
- 7.3 Commercial
- 7.3.1 U.S. Range Cookers Market estimates and forecast From Commercial Application, 2016 - 2028 (USD Million)
- Chapter 8 U.S. Range Cookers Market: Distribution Channel Estimates & Trend Analysis
- 8.1 Distribution Channel Movement Analysis & Market Share, 2020 & 2028
- 8.2 Online
- 8.2.1 U.S. Range Cookers MARKET estimates and forecast, Through Online Channel, 2016 - 2028 (USD Million)
- 8.3 Offline
- 8.3.1 U.S. Range Cookers Market Estimates And Forecast, Through Offline Channel, 2016 - 2028 (USD Million)
- Chapter 9 Competitive and Vendor Landscape
- 9.1 Key global players, recent developments & their impact on the industry
- 9.2 Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 9.3 Vendor Landscape
- 9.3.1 Key company market share analysis, 2020
- Chapter 10 Company Profile
- 10.1 Amana
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2 GE Appliances
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3 Samsung
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4 Premier
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5 Whirlpool
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6 Monogram
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7 LG KitchenAid
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8 Frigidaire
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9 Viking
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10 Thermador
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Strategic Initiatives
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