The mixer grinders market size has grown steadily in recent years. It will grow from $13.19 billion in 2023 to $13.85 billion in 2024 at a compound annual growth rate (CAGR) of 5%. The growth observed in the historical period can be attributed to an increase in the number of residences, a rise in dependency on smart kitchen appliances, and the adoption of expensive premium residential mixer grinders.
The mixer grinders market size is expected to see strong growth in the next few years. It will grow to $17.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. Anticipated growth in the forecast period can be attributed to several factors, including a surge in consumer spending capacity, an increase in the number of food joints such as hotels and restaurants, and the prevalence of work-from-home and stay-at-home orders. Key trends expected in the forecast period include the incorporation of noise reduction technology, enhanced safety features, multi-functional designs, and the development of smart mixer grinders.
The increasing prevalence of remote work, or work-from-home (WFH) arrangements, is expected to significantly drive the growth of the mixer grinder market. WFH refers to performing job duties remotely from a personal residence, offering benefits such as improved work-life balance, cost savings, and flexibility. Mixer grinders are essential appliances for home cooking, providing convenience, efficiency, and versatility for various culinary tasks. This allows individuals to manage their professional responsibilities while minimizing the time spent in the kitchen. For instance, in April 2023, the U.S. Census Bureau reported a significant increase in the number of people working from home, which doubled from about 9 million (5.7% of the workforce) in 2019 to approximately 28 million (17.9% of the workforce) in 2021. This trend indicates a growing demand for home appliances such as mixer grinders that facilitate efficient home cooking.
Major companies in the mixer grinder market are focusing on innovative product developments. For example, military-grade jars are being introduced to offer enhanced durability, capable of withstanding kitchen mishaps and maintaining their condition without dents or damage. In October 2023, Bajaj, an India-based consumer appliances company, launched the Military Series Mixer Grinders, featuring DuraCut blades known for their durability and backed by a lifetime warranty. These grinders come in various wattages and vibrant colors, showcasing user-friendly functionalities and a modern design aesthetic.
In December 2022, V-Guard, an India-based consumer electronics company, acquired Sunflame Enterprises Private Ltd. for INR 6600 crore (approximately $78.91 million). This acquisition allows V-Guard to expand into the domestic kitchen appliances segment, leveraging Sunflame's established brand presence and extensive product portfolio to enhance its business and drive growth through synergies.
Major companies operating in the mixer grinders market are Panasonic Corporation, Koninklijke Philips N.V., Stanley Black & Decker Inc., Havells India Limited, TTK Prestige Limited, Crompton Greaves Consumer Electricals Ltd, Bajaj Electricals Limited, V-Guard Industries Limited, Orient Electric Limited, Preethi Kitchen Appliances Pvt. Ltd., Eveready Industries India Limited, Maharaja Whiteline, Stovekraft Pvt. Ltd., Singer India Limited, Kenstar Appliances, Usha International Limited, Boss Home Appliances, Maya Appliances Pvt Ltd, Wonderchef Home Appliances Pvt. Ltd., Sujata Appliances Pvt Ltd, Jaipan Industries Limited, Glen Appliances Pvt Ltd, Kanchan Appliances Pvt. Ltd., Rico Appliances Pvt. Ltd., Signora Care.
North America was the largest region in the mixer grinders market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mixer grinders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mixer grinders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Mixer grinders are kitchen appliances designed to blend, grind, and mix ingredients efficiently, providing versatility and convenience for a wide range of cooking tasks. Equipped with powerful motors and multiple speed settings, they streamline food preparation and are considered indispensable in modern kitchens.
The primary product types of mixer grinders are stand mixers and traditional mixers. A stand mixer is a countertop appliance featuring a stationary mixing bowl with a motorized mixer attachment. These products are distributed through various channels, including multi-brand stores, exclusive stores, online stores, and others. They cater to different end-users, such as residential consumers and commercial establishments.
The mixer grinders market research report is one of a series of new reports that provides mixer grinders market statistics, including mixer grinders industry global market size, regional shares, competitors with a mixer grinders market share, detailed mixer grinders market segments, market trends, and opportunities, and any further data you may need to thrive in the mixer grinders industry. This mixer grinders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mixer grinders market consists of sales of juicer mixer grinders, heavy-duty mixer grinders, handheld mixer grinders, and multi-functional mixer grinders. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The mixer grinders market size is expected to see strong growth in the next few years. It will grow to $17.1 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. Anticipated growth in the forecast period can be attributed to several factors, including a surge in consumer spending capacity, an increase in the number of food joints such as hotels and restaurants, and the prevalence of work-from-home and stay-at-home orders. Key trends expected in the forecast period include the incorporation of noise reduction technology, enhanced safety features, multi-functional designs, and the development of smart mixer grinders.
The increasing prevalence of remote work, or work-from-home (WFH) arrangements, is expected to significantly drive the growth of the mixer grinder market. WFH refers to performing job duties remotely from a personal residence, offering benefits such as improved work-life balance, cost savings, and flexibility. Mixer grinders are essential appliances for home cooking, providing convenience, efficiency, and versatility for various culinary tasks. This allows individuals to manage their professional responsibilities while minimizing the time spent in the kitchen. For instance, in April 2023, the U.S. Census Bureau reported a significant increase in the number of people working from home, which doubled from about 9 million (5.7% of the workforce) in 2019 to approximately 28 million (17.9% of the workforce) in 2021. This trend indicates a growing demand for home appliances such as mixer grinders that facilitate efficient home cooking.
Major companies in the mixer grinder market are focusing on innovative product developments. For example, military-grade jars are being introduced to offer enhanced durability, capable of withstanding kitchen mishaps and maintaining their condition without dents or damage. In October 2023, Bajaj, an India-based consumer appliances company, launched the Military Series Mixer Grinders, featuring DuraCut blades known for their durability and backed by a lifetime warranty. These grinders come in various wattages and vibrant colors, showcasing user-friendly functionalities and a modern design aesthetic.
In December 2022, V-Guard, an India-based consumer electronics company, acquired Sunflame Enterprises Private Ltd. for INR 6600 crore (approximately $78.91 million). This acquisition allows V-Guard to expand into the domestic kitchen appliances segment, leveraging Sunflame's established brand presence and extensive product portfolio to enhance its business and drive growth through synergies.
Major companies operating in the mixer grinders market are Panasonic Corporation, Koninklijke Philips N.V., Stanley Black & Decker Inc., Havells India Limited, TTK Prestige Limited, Crompton Greaves Consumer Electricals Ltd, Bajaj Electricals Limited, V-Guard Industries Limited, Orient Electric Limited, Preethi Kitchen Appliances Pvt. Ltd., Eveready Industries India Limited, Maharaja Whiteline, Stovekraft Pvt. Ltd., Singer India Limited, Kenstar Appliances, Usha International Limited, Boss Home Appliances, Maya Appliances Pvt Ltd, Wonderchef Home Appliances Pvt. Ltd., Sujata Appliances Pvt Ltd, Jaipan Industries Limited, Glen Appliances Pvt Ltd, Kanchan Appliances Pvt. Ltd., Rico Appliances Pvt. Ltd., Signora Care.
North America was the largest region in the mixer grinders market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mixer grinders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mixer grinders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Mixer grinders are kitchen appliances designed to blend, grind, and mix ingredients efficiently, providing versatility and convenience for a wide range of cooking tasks. Equipped with powerful motors and multiple speed settings, they streamline food preparation and are considered indispensable in modern kitchens.
The primary product types of mixer grinders are stand mixers and traditional mixers. A stand mixer is a countertop appliance featuring a stationary mixing bowl with a motorized mixer attachment. These products are distributed through various channels, including multi-brand stores, exclusive stores, online stores, and others. They cater to different end-users, such as residential consumers and commercial establishments.
The mixer grinders market research report is one of a series of new reports that provides mixer grinders market statistics, including mixer grinders industry global market size, regional shares, competitors with a mixer grinders market share, detailed mixer grinders market segments, market trends, and opportunities, and any further data you may need to thrive in the mixer grinders industry. This mixer grinders market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mixer grinders market consists of sales of juicer mixer grinders, heavy-duty mixer grinders, handheld mixer grinders, and multi-functional mixer grinders. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Mixer Grinders Market Characteristics3. Mixer Grinders Market Trends and Strategies32. Global Mixer Grinders Market Competitive Benchmarking33. Global Mixer Grinders Market Competitive Dashboard34. Key Mergers and Acquisitions in the Mixer Grinders Market
4. Mixer Grinders Market - Macro Economic Scenario
5. Global Mixer Grinders Market Size and Growth
6. Mixer Grinders Market Segmentation
7. Mixer Grinders Market Regional and Country Analysis
8. Asia-Pacific Mixer Grinders Market
9. China Mixer Grinders Market
10. India Mixer Grinders Market
11. Japan Mixer Grinders Market
12. Australia Mixer Grinders Market
13. Indonesia Mixer Grinders Market
14. South Korea Mixer Grinders Market
15. Western Europe Mixer Grinders Market
16. UK Mixer Grinders Market
17. Germany Mixer Grinders Market
18. France Mixer Grinders Market
19. Italy Mixer Grinders Market
20. Spain Mixer Grinders Market
21. Eastern Europe Mixer Grinders Market
22. Russia Mixer Grinders Market
23. North America Mixer Grinders Market
24. USA Mixer Grinders Market
25. Canada Mixer Grinders Market
26. South America Mixer Grinders Market
27. Brazil Mixer Grinders Market
28. Middle East Mixer Grinders Market
29. Africa Mixer Grinders Market
30. Mixer Grinders Market Competitive Landscape and Company Profiles
31. Mixer Grinders Market Other Major and Innovative Companies
35. Mixer Grinders Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Mixer Grinders Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on mixer grinders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for mixer grinders? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mixer grinders market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Stand Mixer; Traditional Mixer2) By Distribution Channel: Multi-Brand Stores; Exclusive Stores; Online Store; Other Distribution Channels
3) By End-User: Residential; Commercial
Key Companies Mentioned: Panasonic Corporation; Koninklijke Philips N.V.; Stanley Black & Decker Inc.; Havells India Limited; TTK Prestige Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Panasonic Corporation
- Koninklijke Philips N.V.
- Stanley Black & Decker Inc.
- Havells India Limited
- TTK Prestige Limited
- Crompton Greaves Consumer Electricals Ltd
- Bajaj Electricals Limited
- V-Guard Industries Limited
- Orient Electric Limited
- Preethi Kitchen Appliances Pvt. Ltd.
- Eveready Industries India Limited
- Maharaja Whiteline
- Stovekraft Pvt. Ltd.
- Singer India Limited
- Kenstar Appliances
- Usha International Limited
- Boss Home Appliances
- Maya Appliances Pvt Ltd
- Wonderchef Home Appliances Pvt. Ltd.
- Sujata Appliances Pvt Ltd
- Jaipan Industries Limited
- Glen Appliances Pvt Ltd
- Kanchan Appliances Pvt. Ltd.
- Rico Appliances Pvt. Ltd.
- Signora Care
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 13.85 Billion |
Forecasted Market Value ( USD | $ 17.1 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |