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LAMEA Cookers & Ovens Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Type, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 71 Pages
  • May 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615757
The Latin America, Middle East and Africa Cookers & Ovens Market is expected to witness market growth of 7.1% CAGR during the forecast period (2022-2028).

A microwave oven is a kitchen gadget that heats and cooks food using electromagnetic radiation through microwaves. Electromagnetic radiation includes microwaves. These are both shorter and longer than radio waves and infrared waves. It is utilized for more than just cooking but also used for radar, operations, and communications, among other things. Microwave ovens employ the heat from electromagnetic radiation to heat just the food, not the entire interior space. A specific component called a 'magnetron' is used to create microwaves. It looks like one of the Transformers, but it actually uses a heated filament to stir electrons. This produces the microwaves that are required to cook the food.

Players have increased the investments in order to produce improved ovens and cookers at cheaper costs. For example, the Haier Group invested in obtaining more affordable technologically improved ovens. It gives businesses a competitive advantage. To increase sales of kitchen equipment, major industry participants are turning to online marketing platforms.

People in this region are becoming more health-conscious and hence they are becoming very conscious regarding the purchase of appropriate and suitable cookers & ovens as per the need and home budgets, and as a result, people are eschewing fried or deep-fried foods in favor of lower-fat, baked foods. Additionally, the region's unrealized potential, low labor costs, and supportive government policies are luring more enterprises to enter and expand their operations. The hotel sector in countries like Dubai is constantly developing and launching more variety of cookers and ovens. Manitowoc, for instance, debuted its innovative oven in this region to meet the expanding demand. The baking at home is becoming increasingly popular in the Middle East.

An oven that can bake excellently in less time is required for such baking tasks. Moreover, ovens are an excellent alternative for baking efficiently and fast, which will entice more consumers to use them.

The Brazil market dominated the LAMEA Cookers & Ovens Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $4,529.4 million by 2028. The Argentina market is experience a CAGR of 7.7% during (2022 - 2028). Additionally, The UAE market is expected to exhibit a CAGR of 6.8% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Offline and Online. Based on Type, the market is segmented into Cooktops & Cooking Ranges, Ovens, and Cookers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation), Samsung Electronics Co., Ltd. (Samsung Group), LG Electronics, Inc. (LG Corporation), Robert Bosch GmbH, Groupe SEB, Wilh. Werhahn KG (ZWILLING J.A. Henckels AG), Koninklijke Philips N.V., Fissler GmbH, and Electrolux AB.

Scope of the Study


Market Segments Covered in the Report:


By Distribution Channel

  • Offline
  • Online

By

Type

  • Cooktops & Cooking Ranges
  • Ovens
  • Cookers

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players


List of Companies Profiled in the Report:

  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • LG Electronics, Inc. (LG Corporation)
  • Robert Bosch GmbH
  • Groupe SEB
  • Wilh.Werhahn KG (ZWILLING J.A. Henckels AG)
  • Koninklijke Philips N.V.
  • Fissler GmbH
  • Electrolux AB

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cookers & Ovens Market, by Distribution Channel
1.4.2 LAMEA Cookers & Ovens Market, by Type
1.4.3 LAMEA Cookers & Ovens Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Cookers & Ovens Market
Chapter 4. LAMEA Cookers & Ovens Market by Distribution Channel
4.1 LAMEA Offline Market by Country
4.2 LAMEA Online Market by Country
Chapter 5. LAMEA Cookers & Ovens Market by Type
5.1 LAMEA Cooktops & Cooking Ranges Market by Country
5.2 LAMEA Ovens Market by Country
5.3 LAMEA Cookers Market by Country
Chapter 6. LAMEA Cookers & Ovens Market by Country
6.1 Brazil Cookers & Ovens Market
6.1.1 Brazil Cookers & Ovens Market by Distribution Channel
6.1.2 Brazil Cookers & Ovens Market by Type
6.2 Argentina Cookers & Ovens Market
6.2.1 Argentina Cookers & Ovens Market by Distribution Channel
6.2.2 Argentina Cookers & Ovens Market by Type
6.3 UAE Cookers & Ovens Market
6.3.1 UAE Cookers & Ovens Market by Distribution Channel
6.3.2 UAE Cookers & Ovens Market by Type
6.4 Saudi Arabia Cookers & Ovens Market
6.4.1 Saudi Arabia Cookers & Ovens Market by Distribution Channel
6.4.2 Saudi Arabia Cookers & Ovens Market by Type
6.5 South Africa Cookers & Ovens Market
6.5.1 South Africa Cookers & Ovens Market by Distribution Channel
6.5.2 South Africa Cookers & Ovens Market by Type
6.6 Nigeria Cookers & Ovens Market
6.6.1 Nigeria Cookers & Ovens Market by Distribution Channel
6.6.2 Nigeria Cookers & Ovens Market by Type
6.7 Rest of LAMEA Cookers & Ovens Market
6.7.1 Rest of LAMEA Cookers & Ovens Market by Distribution Channel
6.7.2 Rest of LAMEA Cookers & Ovens Market by Type
Chapter 7. Company Profiles
7.1 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.1 Segmental and Regional Analysis
7.1.2 Research & Development Expense
7.2 Samsung Electronics Co., Ltd. (Samsung Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 LG Electronics, Inc. (LG Corporation)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.4 Robert Bosch GmbH
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Groupe SEB
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Geographical Expansions:
7.6 Wilh. Werhahn KG (ZWILLING J.A. Henckels AG)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Koninklijke Philips N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Fissler GmbH
7.8.1 Company Overview
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:

Companies Mentioned

  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • LG Electronics, Inc. (LG Corporation)
  • Robert Bosch GmbH
  • Groupe SEB
  • Wilh. Werhahn KG (ZWILLING J.A. Henckels AG)
  • Koninklijke Philips N.V.
  • Fissler GmbH
  • Electrolux AB

Methodology

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