Range Cooker Market size was valued at USD 1.73 Bn in 2024 and is expected to reach USD 3.16 Bn by 2024, at a CAGR of 7.8 % forecast year.
Range Cooker Market are versatile kitchen appliances that combine an oven and a cooktop into a single unit. They are available in various fuel types, including electric, gas, and dual-fuel options, catering to diverse consumer preferences. The market's growth is attributed to the increasing popularity of modular kitchens, rising disposable incomes, and the demand for multifunctional cooking appliances.
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1. Technological Advancements:
Manufacturers are integrating smart technologies into range cookers, such as Wi-Fi connectivity and touch controls, enhancing user convenience and energy efficiency.
2. Rising Disposable Incomes:
Economic growth in emerging markets has led to increased consumer spending on premium kitchen appliances, fueling market expansion.
3. Growing Urbanization:
Urban dwellers are increasingly adopting compact and multifunctional appliances like range cookers to optimize limited kitchen spaces.
4. Environmental Concerns:
The shift towards energy-efficient appliances, driven by environmental awareness and government regulations, is promoting the adoption of modern range cookers.
By Fuel Type:
Electric Range Cookers: Preferred for their ease of use and consistent heating, electric range cookers are gaining popularity in residential settings.
Gas Range Cookers: Valued for precise temperature control, gas range cookers are commonly used in commercial kitchens.
Dual-Fuel Range Cookers: Combining the benefits of both electric ovens and gas cooktops, dual-fuel models are favored by culinary enthusiasts.
By Size:
24-inch: Ideal for small kitchens and urban apartments, these compact models cater to space-conscious consumers.
30-inch: The most popular size, offering a balance between cooking capacity and space utilization. In the U.S., the 30-inch segment accounted for the largest revenue share of 32.1% in 2024.
Above 30-inch: Designed for large families and commercial use, these models offer extensive cooking capabilities.
By Application:
Residential: The dominant segment, driven by the increasing adoption of range cookers in modern homes. In 2024, residential applications accounted for 81.2% of the U.S. market share.
Commercial: Restaurants, hotels, and catering services utilize high-capacity range cookers to meet large-scale cooking requirements.
By Distribution Channel:
Offline: Traditional retail outlets, including specialty stores and hypermarkets, remain significant sales channels.
Online: E-commerce platforms are witnessing rapid growth, offering consumers convenience and a wide product selection.
United States:
The U.S. range cooker market was valued at USD 1.86 billion in 2024 and is expected to expand at a CAGR of 9.4% from 2025 to 2030. Factors such as the growing popularity of modular kitchens and the trend of home remodeling are boosting demand.
Germany:
Germany's market is experiencing steady growth, driven by the country's strong culinary culture and demand for high-quality kitchen appliances. The emphasis on energy efficiency and premium products contributes to market expansion.
The range cooker market is characterized by intense competition, with key players focusing on innovation and strategic partnerships to enhance their market presence.
GE Appliances: Offers a diverse range of 30-inch range cookers, catering to both residential and commercial segments.
Samsung Electronics: Integrates smart technologies into its range cookers, appealing to tech-savvy consumers.
LG Electronics: Known for energy-efficient and stylish kitchen appliances, LG targets premium market segments.
Bosch: Emphasizes precision engineering and reliability, catering to both residential and professional kitchens.
Whirlpool Corporation: Offers a wide array of range cookers with user-friendly features and competitive pricing.
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