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Link to original content: http://www.statista.com/outlook/cmo/household-appliances/major-appliances/cookers-ovens/china
Cookers & Ovens - China | Statista Market ForecastSkip to main content
  1. Market Insights
  2. Consumer
  3. Household Appliances
  4. Major Appliances

Cookers & Ovens - China

China
  • In 2024, the Cookers & Ovens market in China generated a significant revenue of US$30.78bn.
  • This market is projected to experience an annual growth rate of 3.62% (CAGR 2024-2029).
  • It is worth noting that China leads the global market in terms of revenue, with US$30.78bn generated in 2024.
  • When considering the number of households, the per household revenue in the Cookers & Ovens market reached US$62.66 in 2024.
  • Looking ahead, the volume in this segment is expected to reach 61.8m pieces units by 2029.
  • However, there may be a slight decrease in volume growth of 0.8% in 2025.0.
  • Furthermore, the average volume per household in the Cookers & Ovens market is projected to be 0.12pieces units in 2024.
  • These figures highlight the significance of the Cookers & Ovens market China and its potential for continued growth in the coming years.
  • China's growing middle class is driving demand for high-end cookers and ovens, leading to increased competition among domestic and international brands.

Definition: The category of cookers and ovens encompasses various electric appliances designed for domestic use, including electric cookers, portable electric cooktops featuring one or more hotplates, electric built-in ovens, ovens, and cooktops. Commercial appliances, heating stoves, grills, and roasters are excluded from this category.

Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.

Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.

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In-Scope

  • Electric cookers
  • Portable electric cooktops
  • Electric built-in ovens
  • Cooktops
  • Ovens

Out-Of-Scope

  • Commercial appliances
  • Grills and roasters
  • Heating stoves
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: May 2024

    Source: Statista Market Insights

    Most recent update: May 2024

    Source: Statista Market Insights

    Volume

    Most recent update: May 2024

    Source: Statista Market Insights

    Most recent update: May 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Price

    Most recent update: May 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: May 2024

    Source: Statista Market Insights

    Demographics

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Statista Consumer Insights Global

    Global Comparison

    Most recent update: May 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

    Modeling approach:

    Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Cooking appliances - statistics & facts

    In the heart of every home lies a vital component that brings families together and fuels our daily lives: the kitchen. Cooking appliances are part of the major appliances segment in the household appliances industry and include ovens, stoves, and microwaves, among others. These cooking appliances make up a large share of the overall industry revenue and are owned by the vast majority of households worldwide, with ownership in most European countries particularly high.
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