DUBLIN, March 2, 2022 /PRNewswire/ -- The "Stand Mixer Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, End User, and Distribution Channel" report has been added to ResearchAndMarkets.com's offering.
The stand mixers market was valued at US$ 1,826.01 million in 2021 and is projected to reach US$ 2,581.23 million by 2028; it is expected to grow at a CAGR of 5.1% from 2021 to 2028.
Increasing consumption of beverages, bakery products, and confectionaries in many countries around the world is positively impacting the growth of the stand mixers market. Also, owing to the increase in population and surge in consumer buying power in many developing economies, the processed food market is growing at a faster rate. Therefore, the growing processed food industry would fuel the demand for stand mixers in the coming years.
Based on type, the global stand mixers market is bifurcated into tilt-head and bowl-lift. In 2020, the tilt-head segment held a larger share of the stand mixers market. In tilt-head mixers, the tilting head allows easy access to the bowl and easy removal of the mixing extensions. Tilt head mixers can handle firm doughs. Also, they are more powerful than mixing by hand or using a hand mixer. Therefore, it is preferred by a casual chef.
In 2020, Europe held the largest revenue share of the global stand mixers market. The significant growth in the processed food industry make Europe a lucrative market for stand mixers. High consumption of food products such as baked goods, dairy products, and snacks in the region creates demand for stand mixers. Focus on various strategies, such as new product innovation and product launch, by players operating in the region further provides opportunities for market growth.
De' Longhi Appliances S.r.l.; The Whirlpool Corporation; Koninklijke Philips N.V.; Breville; SMEG S.p.A.; Hobart; Ankarsrum Kitchen AB; Wonderchef Home Appliances Pvt. Ltd.; Kenwood Limited; Hamilton Beach Brands, Inc.; and Panasonic are a few of the key players operating in the global stand mixers market. Market players are highly focused on the development of high-quality and innovative product offerings to fulfill the customer's requirements.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global stand mixer market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Stand Mixer Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Stand Mixer Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing interest in domestic baking and cooking is leading to a greater adoption of stand mixers
5.1.2 Growing commercial application sector
5.2 Market Restraints
5.2.1 Availability of substitute products
5.3 Market Opportunities
5.3.1 Increasing awareness about stand mixers in developing countries can lead to proliferation of the market
5.4 Future Trends
5.4.1 Use of colorful appliances in kitchen remodeling
5.5 Impact Analysis
6. Stand Mixer - Global Market Analysis
6.1 Stand Mixer Market Overview
6.2 Stand Mixer Market -Revenue and Forecast to 2028 (US$ Mn)
6.3 Market Positioning
7. Stand Mixer Market - Geographic Analysis
8. Company Profiles
8.1 De'Longhi Appliances S.r.l.
8.1.1 Key Facts
8.1.2 Business Description
8.1.3 Products and Services
8.1.4 Financial Overview
8.1.5 SWOT Analysis
8.1.6 Key Developments
8.2 The Whirlpool Corporation.
8.2.1 Key Facts
8.2.2 Business Description
8.2.3 Products and Services
8.2.4 Financial Overview
8.2.5 SWOT Analysis
8.2.6 Key Developments
8.3 Koninklijke Philips N.V.
8.3.1 Key Facts
8.3.2 Business Description
8.3.3 Products and Services
8.3.4 Financial Overview
8.3.5 SWOT Analysis
8.3.6 Key Developments
8.4 Breville
8.4.1 Key Facts
8.4.2 Business Description
8.4.3 Products and Services
8.4.4 Financial Overview
8.4.5 SWOT Analysis
8.4.6 Key Developments
8.5 SMEG S.p.A.
8.5.1 Key Facts
8.5.2 Business Description
8.5.3 Products and Services
8.5.4 Financial Overview
8.5.5 SWOT Analysis
8.5.6 Key Developments
8.6 Hobart
8.6.1 Key Facts
8.6.2 Business Description
8.6.3 Products and Services
8.6.4 Financial Overview
8.6.5 SWOT Analysis
8.6.6 Key Developments
8.7 Ankarsrum Kitchen AB
8.7.1 Key Facts
8.7.2 Business Description
8.7.3 Products and Services
8.7.4 Financial Overview
8.7.5 SWOT Analysis
8.7.6 Key Developments
8.8 Wonderchef Home Appliances Pvt. Ltd.
8.8.1 Key Facts
8.8.2 Business Description
8.8.3 Products and Services
8.8.4 Financial Overview
8.8.5 SWOT Analysis
8.8.6 Key Developments
8.9 Kenwood Limited
8.9.1 Key Facts
8.9.2 Business Description
8.9.3 Products and Services
8.9.4 Financial Overview
8.9.5 SWOT Analysis
8.9.6 Key Developments
8.10 Hamilton Beach Brands, Inc..
8.10.1 Key Facts
8.10.2 Business Description
8.10.3 Products and Services
8.10.4 Financial Overview
8.10.5 SWOT Analysis
8.10.6 Key Developments
9. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/ie9qmy
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article