The China food preparation appliances market is set for a slight contraction, anticipated to decline from USD 1,286.1 million in 2023 to USD 1,104.8 million by 2029, reflecting a CAGR of -2.5% across the evaluation period. While urbanization and rising disposable incomes have driven significant demand for kitchen gadgets, the market is becoming increasingly saturated, particularly in tier-1 cities like Beijing and Shanghai. As the growth in these urban centers slows, there is limited potential for new customer acquisition. Additionally, Chinese consumers are shifting towards convenience-based food solutions, such as online meal delivery services and ready-to-eat meals, which reduces the need for traditional food preparation appliances.
This report presents a detailed overview of the China food preparation appliances industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type and distribution channel. This detailed analysis supports the identification of growth opportunities within the food preparation appliances industry.
Market Segmentation
The China food preparation appliances market is structured as follows:
Product type: blenders, food processors, juice extractors, centrifugal juicers, slow juicers, mixers, others
Distribution channel: supermarkets and hypermarkets, electronics and appliance stores, e-commerce, others
The food preparation appliances market in China is segmented based on product type and distribution channel. The market is classified by product type into blenders, food processors, juice extractors, centrifugal juicers, slow juicers, mixers, and others. Distribution channel segmentation comprises supermarkets and hypermarkets, electronics and appliance stores, e-commerce, and others.
Competitive Landscape
The China food preparation appliances market exhibits significant competition. Leading companies within the market include Versuni Holding B.V., Midea Group Co. Ltd., Joyoung Co. Ltd., Hurom Group Corp., Haier Group Corporation, Guangzhou Qihe Electric Co. Ltd., Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Guangdong Bear Electric Appliance Co. Ltd., Groupe SEB, Glen Dimplex Group and De’Longhi S.p.A.
The report provides a detailed assessment of prominent companies within the food preparation appliances market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the China food preparation appliances market.
Gain in-depth analysis and forecasts for the key segments of the China food preparation appliances market: product type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the China food preparation appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the China food preparation appliances market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
China Food Preparation Appliances Market – Product Type Analysis
China Food Preparation Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– Versuni Holding B.V.
– Midea Group Co., Ltd.
– Joyoung Co., Ltd.
– Hurom Group Corp.
– Haier Group Corporation
– Guangzhou Qihe Electric Co., Ltd.
– Guangdong Xinbao Electrical Appliances Holdings Co., Ltd.
– Guangdong Bear Electric Appliance Co., Ltd.
– Groupe SEB
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table China Food Preparation Appliances Market 2019-2029
Chart China Food Preparation Appliances Market, Net Growth, 2019-2029
Chart China Food Preparation Appliances Market, Growth Rates, 2019-2029
Table China Food Preparation Appliances Market by Product Type, 2019-2029
Chart China Food Preparation Appliances Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart China Food Preparation Appliances Market by Product Type, 2019-2029
Table China Food Preparation Appliances Market by Distribution Channel, 2019-2029
Chart China Food Preparation Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart China Food Preparation Appliances Market by Distribution Channel, 2019-2029
Table China Food Preparation Appliances Market Share (%), by Companies, 2019-2023
Chart China Food Preparation Appliances Market, by Companies, 2023
Table China Food Preparation Appliances Market Share (%), by Brands, 2019-2023
Chart China Food Preparation Appliances Market, by Brands, 2023
Table China – Population (Millions) and Forecast
Table China – Consumer Price Index (CPI) and Forecast
Table China – Gross Domestic Product and Forecast
Table China Food Preparation Appliances Market: Spend as a Proportion of GDP (%)
Table China Food Preparation Appliances Market: Consumption per Capita (Population)
Companies Mentioned
Versuni Holding B.V.
Midea Group Co., Ltd.
Joyoung Co., Ltd.
Hurom Group Corp.
Haier Group Corporation
Guangzhou Qihe Electric Co., Ltd.
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd.
Guangdong Bear Electric Appliance Co., Ltd.
Groupe SEB
Glen Dimplex Group
De’Longhi S.p.A.