Global Microwave Ovens Market 2025$1,950.0
Global Microwave Ovens Market 2025
Incremental growth of USD 6.7 billion is anticipated in the global microwave ovens market, which will expand at a CAGR of approximately 4.4% over the forecast period spanning 2025 to 2030. The microwave ovens market is seeing strong growth due to the increasing trend towards time efficiency and the demand for quick cooking solutions. Rising disposable incomes, particularly in emerging markets, are allowing more consumers to access these appliances. Innovations in microwave technology, such as energy-efficient models and multifunctional designs that can perform grilling, baking, and steaming functions, are driving market growth on a global scale.
This report presents a detailed analysis of the global microwave ovens market, offering six years of historical market size data and growth trends, as well as forward-looking estimates through 2030. It explores category-specific and subcategory dynamics, with a sharp focus on developments across product, technology, distribution channel and region.
Market Segmentation
The global microwave ovens market is structured as follows:
Product: built-in microwaves, freestanding microwaves
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America
The segmentation of the global microwave ovens market product, technology, distribution channel and region. The categorization of the market by product includes built-in microwaves, and freestanding microwaves. Technology segments encompass smart, and non-smart. Distribution channel segments consist of supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others. Geographically, the market is divided into Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.
Competitive Landscape
The global microwave ovens market is marked by intense competition, featuring leading companies such as Xiaomi Corporation, Winia Group, Whirlpool Corporation, The Samsung Group, Swan Products Ltd., Spectrum Brands Holdings Inc., Smeg S.p.A, SK Magic Co. Ltd., SEVERIN Elektrogerate GmbH, Panasonic Corporation, New San S.A., Mystery Electronics Ltd., Midea Group Co. Ltd., LG Corporation, Inter IKEA Systems B.V., IFB Industries Limited, Hon Hai Precision Industry Co. Ltd., Hitachi Ltd., Hisense Group Co. Ltd., Hamilton Beach Brands Holding Company, Haier Group Corporation, Guangdong Galanz Enterprises Co. Ltd., Groupe Cevital, Golder Electronics, Emerson Electric Co., Electrolux AB, De’Longhi S.p.A., Danby Products Limited, Controladora Mabe S.A. de C.V., Clatronic International GmbH, BSH Hausgerate GmbH, BGH S.A. and Arcelik A.S.
The report provides a detailed assessment of prominent companies within the microwave ovens market, tracking their performance from 2020 to 2024. 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 global microwave ovens market.
Gain in-depth analysis and forecasts for the key segments of the global microwave ovens market: product, technology, distribution channel and region.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the global microwave ovens market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global microwave ovens 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
Market Segmentation
Market Overview
Global Microwave Ovens Market – Product Analysis
Global Microwave Ovens Market – Technology Analysis
Global Microwave Ovens Market – Distribution Channel Analysis
Global Microwave Ovens Market – Region Analysis
Company Shares Analysis
Xiaomi Corporation
Winia Group
Whirlpool Corporation
The Samsung Group
Swan Products Ltd.
Spectrum Brands Holdings, Inc.
Smeg S.p.A
SK Magic Co., Ltd.
SEVERIN Elektrogerate GmbH
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Global Microwave Ovens Market 2020-2030
Chart Global Microwave Ovens Market, Net Growth, 2020-2030
Chart Global Microwave Ovens Market, Growth Rates, 2020-2030
Table Global Microwave Ovens Market by Product, 2020-2030
Chart Global Microwave Ovens Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Global Microwave Ovens Market by Product, 2020-2030
Table Global Microwave Ovens Market by Technology, 2020-2030
Chart Global Microwave Ovens Market by Technology, CAGR Historic and Forecast, 2020-2030
Chart Global Microwave Ovens Market by Technology, 2020-2030
Table Global Microwave Ovens Market by Distribution Channel, 2020-2030
Chart Global Microwave Ovens Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Global Microwave Ovens Market by Distribution Channel, 2020-2030
Table Global Microwave Ovens Market by Region, 2020-2030
Chart Global Microwave Ovens Market by Region, CAGR Historic and Forecast, 2020-2030
Chart Global Microwave Ovens Market by Region, 2020-2030
Table Global Microwave Ovens Market Share (%), by Companies, 2020-2024
Chart Global Microwave Ovens Market, by Companies, 2024
Table Global Microwave Ovens Market Share (%), by Brands, 2020-2024
Chart Global Microwave Ovens Market, by Brands, 2024
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Microwave Ovens Market: Spend as a Proportion of GDP (%)
Table Global Microwave Ovens Market: Consumption per Capita (Population)
Companies Mentioned
Xiaomi Corporation
Winia Group
Whirlpool Corporation
The Samsung Group
Swan Products Ltd.
Spectrum Brands Holdings, Inc.
Smeg S.p.A
SK Magic Co., Ltd.
SEVERIN Elektrogerate GmbH
Panasonic Corporation
New San S.A.
Mystery Electronics Ltd.
Midea Group Co., Ltd.
LG Corporation
Inter IKEA Systems B.V.
IFB Industries Limited
Hon Hai Precision Industry Co., Ltd.
Hitachi, Ltd.
Hisense Group Co., Ltd.
Hamilton Beach Brands Holding Company
Haier Group Corporation
Guangdong Galanz Enterprises Co., Ltd.
Groupe Cevital
Golder Electronics
Emerson Electric Co.
Electrolux AB
De’Longhi S.p.A.
Danby Products Limited
Controladora Mabe S.A. de C.V.
Clatronic International GmbH
BSH Hausgerate GmbH
BGH S.A.
Arcelik A.S.
$1,950.0
What's Inside?
→ Market Estimates, Forecasts & Historical Data
→ Critical Performance Data and Rankings
→ Emerging Trends, Market Changes
→ PDF Report and Excel Datasheet
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