The market for food preparation appliances is anticipated to decline by USD 2.2 million by 2029, showcasing a compound annual growth rate (CAGR) of -1.3%. Despite a high standard of living and an emphasis on health, the market may begin to see a decline as consumers increasingly opt for convenience-driven food solutions like meal delivery services or takeaway options, reducing the need for home appliances. Furthermore, the ongoing trend of minimalistic living in smaller apartments, combined with high levels of urbanization, means there is less space for large kitchen appliances, dampening future demand. The market’s maturity, with a relatively high saturation of existing appliances, suggests that growth will be limited moving forward.
This report provides a thorough assessment of the Singapore food preparation appliances industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the food preparation appliances industry.
Market Segmentation
The Singapore food preparation appliances market is categorized into the following segments:
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 food preparation appliances market in Singapore is segmented across 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, general merchant stores, electronics and appliance stores, home products shops, e-commerce, and others.
Competitive Landscape
The competitive landscape of the food preparation appliances market features leading companies such as Whirlpool Corporation, Versuni Holding B.V., Panasonic Corporation, NUC Electronics Co. Ltd., Hurom Group Corp., Groupe SEB, De’Longhi S.p.A. and BSH Hausgerate GmbH. This comprehensive report analyzes the performance of leading companies in the food preparation appliances sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Singapore food preparation appliances market.
Gain in-depth analysis and forecasts for the key segments of the Singapore 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 Singapore food preparation appliances market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Singapore 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
Singapore Food Preparation Appliances Market – Product Type Analysis
Singapore Food Preparation Appliances Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– Versuni Holding B.V.
– Panasonic Corporation
– NUC Electronics Co., Ltd.
– Hurom Group Corp.
– Groupe SEB
– De’Longhi S.p.A.
– BSH Hausgerate GmbH
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Singapore Food Preparation Appliances Market 2019-2029
Chart Singapore Food Preparation Appliances Market, Net Growth, 2019-2029
Chart Singapore Food Preparation Appliances Market, Growth Rates, 2019-2029
Table Singapore Food Preparation Appliances Market by Product Type, 2019-2029
Chart Singapore Food Preparation Appliances Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Food Preparation Appliances Market by Product Type, 2019-2029
Table Singapore Food Preparation Appliances Market by Distribution Channel, 2019-2029
Chart Singapore Food Preparation Appliances Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Food Preparation Appliances Market by Distribution Channel, 2019-2029
Table Singapore Food Preparation Appliances Market Share (%), by Companies, 2019-2023
Chart Singapore Food Preparation Appliances Market, by Companies, 2023
Table Singapore Food Preparation Appliances Market Share (%), by Brands, 2019-2023
Chart Singapore Food Preparation Appliances Market, by Brands, 2023
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Food Preparation Appliances Market: Spend as a Proportion of GDP (%)
Table Singapore Food Preparation Appliances Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
Versuni Holding B.V.
Panasonic Corporation
NUC Electronics Co., Ltd.
Hurom Group Corp.
Groupe SEB
De’Longhi S.p.A.
BSH Hausgerate GmbH