The Philippines food preparation appliances market is on track for incremental growth of USD 11.8 million, corresponding to a compound annual growth rate (CAGR) of nearly 3.3% throughout the forecast period of 2024 to 2029. The food preparation appliances market in the Philippines is growing due to the rising number of middle-class consumers with increased disposable income. As urbanization progresses, Filipino consumers are increasingly adopting modern kitchen gadgets, such as blenders, food processors, and air fryers, to make cooking more convenient. Additionally, health-conscious eating is becoming more widespread, and consumers are opting for appliances that allow them to prepare fresh, nutritious meals at home, such as juicers and steamers. The availability of affordable appliances that cater to a variety of cooking needs is further accelerating market growth.
The report provides a comprehensive analysis of the Philippines food preparation appliances industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the food preparation appliances sector.
Market Segmentation
The segmentation of the Philippines food preparation appliances market is outlined below:
Product type: blenders, food processors, juice extractors, centrifugal juicers, slow juicers, mixers, others
Distribution channel: supermarkets and hypermarkets, general merchant stores, electronics and appliance stores, home products shops, e-commerce, others
The segmentation of the Philippines food preparation appliances market product type and distribution channel. By product type, the market is categorized into blenders, food processors, juice extractors, centrifugal juicers, slow juicers, mixers, and others. Distribution channel segmentation comprises supermarkets and hypermarkets, general merchant stores, electronics and appliance stores, home products shops, e-commerce, and others.
Competitive Landscape
The report provides profiles of notable companies, including Whirlpool Corporation, Versuni Holding B.V., Simplus Networks Pte. Ltd., Newell Brands Inc. (NWL), IMARFLEX INDUSTRIAL CO. LTD., Hurom Group Corp., Groupe SEB, G8 Marketing Inc., Fortune Buddies Corp., De’Longhi S.p.A., Collins International Trading Corp., Cherenz global Manufacturing Inc. and Asahi Electrical Manufacturing Corporation.
This report presents an extensive analysis of major entities in the food preparation appliances market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines food preparation appliances market.
Gain in-depth analysis and forecasts for the key segments of the Philippines 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 Philippines food preparation appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines 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
Philippines Food Preparation Appliances Market – Product Type Analysis
Philippines Food Preparation Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– Versuni Holding B.V.
– Simplus Networks Pte. Ltd.
– Newell Brands Inc. (NWL)
– IMARFLEX INDUSTRIAL CO., LTD.
– Hurom Group Corp.
– Groupe SEB
– G8 Marketing Inc.
– Fortune Buddies Corp.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Philippines Food Preparation Appliances Market 2019-2029
Chart Philippines Food Preparation Appliances Market, Net Growth, 2019-2029
Chart Philippines Food Preparation Appliances Market, Growth Rates, 2019-2029
Table Philippines Food Preparation Appliances Market by Product Type, 2019-2029
Chart Philippines Food Preparation Appliances Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Philippines Food Preparation Appliances Market by Product Type, 2019-2029
Table Philippines Food Preparation Appliances Market by Distribution Channel, 2019-2029
Chart Philippines Food Preparation Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Philippines Food Preparation Appliances Market by Distribution Channel, 2019-2029
Table Philippines Food Preparation Appliances Market Share (%), by Companies, 2019-2023
Chart Philippines Food Preparation Appliances Market, by Companies, 2023
Table Philippines Food Preparation Appliances Market Share (%), by Brands, 2019-2023
Chart Philippines Food Preparation Appliances Market, by Brands, 2023
Table Philippines – Population (Millions) and Forecast
Table Philippines – Consumer Price Index (CPI) and Forecast
Table Philippines – Gross Domestic Product and Forecast
Table Philippines Food Preparation Appliances Market: Spend as a Proportion of GDP (%)
Table Philippines Food Preparation Appliances Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
Versuni Holding B.V.
Simplus Networks Pte. Ltd.
Newell Brands Inc. (NWL)
IMARFLEX INDUSTRIAL CO., LTD.
Hurom Group Corp.
Groupe SEB
G8 Marketing Inc.
Fortune Buddies Corp.
De’Longhi S.p.A.
Collins International Trading Corp.
Cherenz Global Manufacturing Inc..
Asahi Electrical Manufacturing Corporation