The global kitchen appliances market is expected to grow at 4.3% during the forecast period (2022-2027). Kitchen appliances refer to various devices used to efficiently perform kitchen activities, such as cleaning, storage, and cooking. Some most commonly used kitchen appliances include stoves, dishwashers, ovens, blenders, juicers, toasters, air fryers, refrigerators, and coffee machines. They are generally operated using electricity, cooking gas, and solar energy. They assist in saving time and energy while cooking by simplifying domestic chores. Nowadays, kitchen appliances are widely available in numerous colors, materials, styles, sizes, and mechanisms.

As per the analysis by IMARC Group, the top companies in the kitchen appliances industry are launching technologically advanced and modern appliances to enhance the efficiency and convenience of cooking and storing food. They are also introducing smart kitchen appliances that can be connected to wireless, Internet, or Bluetooth-based devices and controlled remotely through smartphones. Additionally, the leading manufacturers are upgrading kitchen appliances with voice control applications such as Google Assistant and Amazon Alexa. In line with this, the launch of energy-efficient appliances, including induction cooktops, speed cooking ovens, and warming drawers, has catalyzed the market growth. Furthermore, several key players are heavily investing in marketing and advertising activities to attract more customers. They are also expanding their distribution network, majorly through e-commerce, to expand their product reach and boost sales. Other factors, including the advent of Wi-Fi-connected kitchen devices, escalating demand for modular appliances, and product premiumization, are also providing a positive thrust to the market growth.

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Top 10 Brands and Companies in Kitchen Appliances Industry: 

Whirlpool Corporation

Establishment: 1911
Headquarters: Michigan, United States
Website: http://whirlpoolcorp.com/

Whirlpool Corporation is a leading US-based multinational manufacturer and marketer of home appliances. The company has sold around 70 million laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, and compressors. In 2021, the company recorded approximately $22 Billion in annual sales. It owns and operates more than 54 manufacturing facilities and technology research centers across the globe. 

Electrolux AB

Establishment: 1919
Headquarters: Stockholm, Sweden
Website: https://www.electrolux.com/

Electrolux AB is a Swedish multinational manufacturer of home appliances. The company primarily operates through three main segments, including major appliances, small appliances, and professional products. It sells cookers, microwave ovens, refrigerators, freezers, dishwashers, hobs, ovens, and hoods for households and professional kitchens. In 2021, the company recorded a net sale of around US$ 12.8 Billion. It sells approximately 60 million products annually in over 150 countries and employs more than 54,000 people globally.

Samsung Electronics Co. Ltd

Establishment: 1938
Headquarters: Seoul, South Korea
Website: https://www.samsung.com/

Samsung Electronics Co. Ltd is a leading electronics corporation and multinational conglomerate comprising numerous affiliated businesses under the Samsung brand. It has international customers accounting for about 85% of the total sales. The company primarily operates through smartphones, home appliances, TV & AV, and computing segments. Amongst these, home appliances include ACs, ovens, LED lighting, refrigerators, and washing machines. In 2021, the company reported annual revenue of around US$ 232.8 Billion.

LG Electronics

Establishment: 1958
Headquarters: Seoul, South Korea 
Website: http://lg.com/ 

LG Electronics is a multinational conglomerate primarily engaged in the manufacturing of electronics. It mainly operates through various segments, including home appliances and air solutions, home entertainment, mobile communications, vehicle components, and others. In 2021, the company recorded net sales of over US$ 63 Billion. It sells its products globally, employing more than 75,000 people.

Winia Electronics Co., Ltd.

Establishment: 1974
Headquarters: Gwangju, South Korea
Website: https://www.winia-elec.com/

Winia Electronics Co., Ltd., formerly known as Daewoo Electronics, is a global leader in home appliances and a member of the South Korean Winia Group. The company operates through five main business divisions, including refrigerators, washing machines, kitchen equipment, air conditioner, and television. It offers a wide range of small kitchen appliances, dryers, freezers, vacuum cleaners, and electric stoves. Currently, the company has operations across the United States, Korea, China, France, Spain, Mexico, Russia, and the United Arab Emirates.

Panasonic Corporation

Establishment: 1918
Headquarters: Tokyo, Japan
Website: https://www.panasonic.com/

Panasonic Corporation, formerly known as Matsushita Electric Industrial Co., Ltd., is a Japanese multinational conglomerate. It primarily deals in home appliances and domestic equipment, batteries and electronic components for mobility and social infrastructure, and equipment and systems for manufacturing and logistics. The company has an extensive portfolio of kitchen appliances comprising refrigerators, microwave ovens, mixers, grinders, cookers, and blenders. As of March 2021, Panasonic recorded net sales of 7,388.8 Billion yen, with more than 240,198 employees across the globe. 

Haier Group Corporation

Establishment: 1984
Headquarters: Qingdao, China
Website: http://www.haier.net/en

Haier Group Corporation is a leading consumer electronics and home appliances company. It primarily operates through four business segments, namely channel services, washing machines, water heaters, and logistics business. It has a diversified product portfolio comprising refrigerators, air conditioners, washing machines, dryers, microwave ovens, mobile phones, computers, and televisions. At the end of 2018, the company recorded annual revenue of US$ 27.7 Billion. In 2019, Qingdao Haier officially changed its name to “Haier Smart Home.” Besides this, Haier also acquired the Candy company in Italy.

BSH Hausgeräte GmbH 

Establishment: 1967
Headquarter: Munich, Germany
Website: https://www.bsh-group.com/

BSH Hausgeräte GmbH is one of the leading home appliances manufacturing companies formed through a joint venture between Robert Bosch GmbH and Siemens AG. It offers a complete range of home appliances, including cooking and baking, dishwashing, cooling and freezing, washing and drying, and small appliances. It manufactures various kitchen appliances, such as coffee machines, refrigerators, dishwashers, and induction cooktops. Moreover, the company sells its products under several brand names, including:

• Bosch
• Siemens
• Gaggenau
• NEFF
• Thermador
• Constructa 

Miele & Cie. KG

Establishment: 1899
Headquarters: North Rhine-Westphalia, Germany
Website: https://www.miele.com

Miele & Cie. KG is a family-run company and one of the leading manufacturers of premium domestic appliances and commercial equipment. It has an extensive product portfolio comprising kitchen appliances, such as ovens, steam ovens, refrigerators, coffee machines, and dishwashers, along with vacuum cleaners, washing machines, and dryers. It also offers dishwashers, washer-extractors, and tumble dryers for commercial use and washer-disinfectors and sterilizers for medical applications. Currently, it owns and operates eight production plants in Germany and one plant each in Austria, the Czech Republic, China, and Romania. In 2021, the company recorded sales of € 4.84 Billion, employing around 22,000 people worldwide. 

Sub-Zero Group, Inc.

Establishment: 1945
Headquarters: Wisconsin, United States
Website: https://www.subzero-wolf.com/

Sub-Zero Group, Inc. is a leading global manufacturing company specializing in preservation, cooking, and cleaning appliances. It offers a range of kitchen appliances, such as refrigerators, freezers, dishwashers, cooktops, ovens, microwaves, warming drawers, and coffee systems. The company markets and sells its products under the Sub-Zero, Wolf, and Cove brand names. 

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the kitchen appliances industry, which has enabled clients to set up and expand their businesses successfully. Some of the company's offerings include:  

• Market Research   
• Plant setup   
• Plant Expansion   
• Marketing and sales   
• Procurement and Distribution   
• Innovation and Product Development