Global integrated stove market was valued at 4215 Million US$ in 2018 and is projected to reach 5404 Million US$ by 2024
Integrated stove is a kitchen electrical appliance that integrates the extractor hood, fuel gas stove, disinfecting cabinet, storage cabinet and other functions, and has such characteristics as high fume extraction rate, energy-saving and environment-friendly, ultra-silent, visual display and so on. It can save kitchen occupation space, electrical appliance purchase cost and manual operation procedure.
There are some differences between integrated stoves and traditional range hoods and gas stoves in terms of product structure and characteristics. Integrated stoves have certain advantages over traditional smoke stoves in terms of smoke control capabilities, oil fume separation, space, and noise reduction. Compared with developing countries, developed countries have higher requirements for the kitchen environment, and the use and demand for large-scale kitchen appliances is also stronger. With the development of the world economy, developing countries are tending to developed countries in terms of consumption, which will promote the increase in the global demand for integrated cooking stoves.
Global integrated stove market was valued at 4215 Million US$ in 2018 and is projected to reach 5404 Million US$ by 2024, at a CAGR of 4.23% during the forecast period. China is the main market for integrated stoves, with a retail size of 1.478 million units in 2018, Due to China's urbanization process, in the future, the increasing urban population will increase the user base of kitchen appliances and promote the increase in the demand for the global integrated cooker market.
Key players in global integrated stove market include: Smeg, Lacanche, Glem Gas, J.Corradi, Officine Gullo, Hergom, Cola Gf, Cadel, Sofraca, Falcon, Thermorossi, NunnaUuni, Tecnogas, Electrolux, Grand Cuisine, General Eectric, Whirlpool, Nordica, Tongyang Magic, Amica, Amana, Bellina, Brandt, Candy, Iron Dog, Viking, Westahl etc.