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United States Range Cooker Market

United States Range Cooker Market

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United States Range Cooker Market - By Size (20”, 24”, 30”, Above 30”); By Price Range (USD 1,000 & below, USD 1,001–3,000, USD 3,001–5,000, Above USD 5,000); By Application (Residential, Commercial); By Distribution Channel (Online, Offline), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: May 2023
  • Report ID: BWC23361
  • Available Format: PDF
  • Page: 240

Report Overview

Rising adoption of household cooking appliances, growing investments in ultra-modern kitchens by end users in residential and commercial sectors, and advancements in technology are expected to boost the growth of United States range cooker market during the forecast period between 2023 and 2029.

United States Range Cooker Market – Industry Trends & Forecast Report, 2029

United States range cooker market size was estimated at USD 1.29 billion in 2022. During the forecast period between 2023 and 2029, the United States range cooker market size is expected to grow at a CAGR of 7.16% reaching a value of USD 2.07 billion by 2029. Major growth drivers of United States range cooker market include the continuing trend of using stylish and functional appliances in multi-functional kitchens is in the residential sector. This, combined with the trend of remodeling homes to accommodate modular kitchens, is resulting in rapid product adoption across the country. The emphasis on attracting a higher resale value from remodeling projects has also fueled the popularity of range cookers in homes. The growing trend of eating out has increased the number of restaurants, hotels, resorts, food stations, and other commercial eateries across the country.

United States Range Cooker Market - Overview

A range cooker is a self-contained kitchen appliance that combines an oven and a hob. Range cookers are available in a variety of styles and sizes for both commercial and residential use. Stand-alone and built-in ovens are typically larger than range cookers. Advanced range cookers typically have built-in storage to keep pots and trays inside the cooker. In the modern range cooker line, customers can select from a monochromatic or pastel color scheme that is ideal for modern kitchens.

Growth Drivers

Growing Trend of Food away from Home

A growing number of restaurants, motels, resorts, food stations, and other commercial eateries are popping up all across the country owing to the growing habit of eating outside the home. Customers want good food quickly, therefore restaurant operators are forced to make investments in contemporary, integrated kitchen equipment. To serve crowds quickly while concentrating on the caliber of the food they offer, these establishments require high capacity and efficient cooking equipment. For these commercial uses, range cookers are said to be perfect. Thus, product usage in eateries and restaurants is expected to increase in the coming years.

Restraints

Range Cookers Impact Kitchen's Neat and Seamless Appearance

Range cookers, on the other hand, are bulky and occupy significant space in a kitchen, and they can disrupt the kitchen’s clean and seamless look. Also, range cookers are installed on the floor as a freestanding unit, which necessitates bending and stooping to place/view food inside the oven. These factors may affect the product demand, thereby limiting the growth of United States range cooker market.

Impact of COVID-19 on the United States Range Cooker Market

Government-imposed social isolation and confinement during COVID-19 boosted the popularity of e-commerce platforms. Some websites also provide inexpensive appliances and advertise them on digital media channels. TV shows, periodicals, and social media helped in increasing people's knowledge of various cooking methods and tools. Therefore, the market for range cookers in the United States is expected to grow during the forecast period.

United States Range Cooker Market

Segmental Coverage

United States Range Cooker Market - By Size

On basis of size, United States range cooker market is divided into 20”, 24”, 30”, and Above 30” segments.  Among them, the above 30" segment dominates the market. During the forecast period, the market segment is expected to grow further at a constant rate. Typically, professional kitchens like those in restaurants and hotels use range cookers that are larger than 30". Also, a significant portion of the consumer base for these items comes from the growing number of cooking competition series on American television, including MasterChef, Hell's Kitchen, BBQ Blitz, and BBQ Championship. As these customers need robust items, they favor range cookers larger than 30".

United States Range Cooker Market

United States Range Cooker Market - By Price Range

On basis of the price range, United States range cooker market is divided in to USD 1,000 & below, USD 1,001–3,000, USD 3,001–5,000, and Above USD 5,000 segments. Among them, the above USD 5,000 price range segment topped the market. High-end range cookers are made by several different companies in the nation, including Viking, KitchenAid, Thermador, Dacor Monogram, and Bertazzoni. KitchenAid, for instance, provides a 36" Smart Commercial-Style Gas Range with two adaptable 20,000 BTU Ultra Power Dual-Flame Burners that have the strength and control necessary to properly sear, simmer, stir-fry, and sauté.

United States Range Cooker Market - By Application

On basis of the application, United States range cooker market is split into Residential and Commercial segments. The residential segment leads the market by application. Manufacturers provide a diverse range of products for residential consumers. These are either all-electric, all-gas, or dual fuel (a combination of gas and electricity). Steam ovens are also included in some of the most recent designs. The most popular feature of the range, which contributes to its popularity in homes, is its impressive cooking capacity, including up to three ovens and a separate grill cavity.

United States Range Cooker Market - By Distribution Channel

On basis of the distribution channel, United States range cooker market is bifurcated into Online and Offline segments. The offline segment dominates the market. Because of the provision of detailed instructions about product features and installation services by specialists, the offline segment is expected to maintain its dominant position during the forecast period. Also, restaurants, hotels, and large construction companies prefer direct collaboration with product manufacturers. The segment dominates the market because B2B sales necessitate proper interaction for a better understanding of minute details. The majority of range cookers and related accessories are sold in retail stores.

Competitive Landscape

Major players in the United States range cooker market are Amana, GE Appliances, Samsung, Premier, Monogram, LG KitchenAid, Frigidaire, Viking, Thermador, and Dacor. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

  • In February 2022 - GE Appliances (GEA) announced a new lineup of GE Profile laundry and kitchen innovations related to technology advancements that create innovative solutions for modern lifestyles. Voice, AI, and smart upgrades enable high convenience in consumer lives.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

United States 

Product/ Service Segmentation

Size, Price Range, Application, Distribution Channel

Key Players

Amana, GE Appliances, Samsung, Premier, Monogram, LG KitchenAid, Frigidaire, Viking, Thermador, Dacor

 

 

By Size

  • 20”

  • 24”

  • 30”

  • Above 30”

By Price Range

  • USD 1,000 & Below

  • USD 1,001–3,000

  • USD 3,001–5,000

  • Above USD 5,000

By Application

  • Residential

  • Commercial

By Distribution Channel

  • Online

  • Offline

  1. Research Framework
    1. Research Objective
    2. Size Overview
    3. Market Segmentation
  2. Executive Summary
  3. United States Range Cooker Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising Adoption of household Cooking Appliances
        2. Growing Investment in Ultra-modern Kitchen by Residential and Commercial End Users
      2. Restraints
        1. High Cost Associated with the Product
      3. Opportunities
        1. Advancement in Technology
      4. Challenges
        1. Fluctuation in the Prices of Raw Materials
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. United States Range Cooker Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Size
        1. 20”
        2. 24”
        3. 30”
        4. Above 30”
      2. By Price Range
        1. USD 1,000 and Below
        2. USD 1,001–3,000
        3. USD 3,001–5,000
        4. Above USD 5,000
      3. By Application
        1. Residential
        2. Commercial
      4. By Distribution Channel
        1. Online
        2. Offline
  5. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. United States Range Cooker Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  6. Impact of Covid-19 on United States Range Cooker Market
  7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Amana
    2. GE Appliances
    3. Samsung
    4. Premier
    5. Monogram
    6. LG KitchenAid
    7. Frigidaire
    8. Viking
    9. Thermador
    10. Dacor
    11.  Other Prominent Players
  8. Key Strategic Recommendations
  9. Research Methodology
    1.  Qualitative Research
      1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.   

 

List of Figures

 

Figure 1       United States Range Cooker Segmentation  

Figure 2       United States Range Cooker Market Value Chain Analysis 

Figure 3       Company Market Share Analysis, 2022

Figure 4       United States Range Cooker Market Size, By Value (USD Million), 2019–2029

Figure 5       United States Range Cooker Market Share, By Size, By Value, 2019–2029    

Figure 6       United States Range Cooker Market Share, By Price Range, By Value, 2019–2029         

Figure 7       United States Range Cooker Market Share, By Application, By Value, 2019–2029         

Figure 8       United States Range Cooker Market Share, By Distribution Channel, By Value, 2019–2029 

                  

List of Tables      

 

Table 1        United States Range Cooker Market Size, By Value (USD Million), 2019–2029

Table 2        United States Range Cooker Market Size, By Size, By Value, 2019–2029

Table 3        United States Range Cooker Market Size, By Price Range, By Value, 2019–2029

Table 4        United States Range Cooker Market Size, By Application, By Value, 2019–2029

Table 5        United States Range Cooker Market Size, By Distribution Channel, By Value, 2019–2029          

Table 6        Amana Company Overview

Table 7        Amana Financial Overview

Table 8        GE Appliances Company Overview

Table 9        GE Appliances Financial Overview

Table 10      Samsung Company Overview

Table 11      Samsung Financial Overview

Table 12      Premier Company Overview

Table 13      Premier Financial Overview

Table 14      Monogram Company Overview

Table 15      Monogram Financial Overview

Table 16      LG KitchenAid Company Overview

Table 17      LG KitchenAid Financial Overview

Table 18      Frigidaire Company Overview

Table 19      Frigidaire Financial Overview

Table 20      Viking Company Overview

Table 21      Viking Financial Overview

Table 22      Thermador Company Overview

Table 23      Thermador Financial Overview

Table 24      Dacor Company Overview

Table 25      Dacor Financial Overview

Market Segmentation

No data available
No data available

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Frequently Asked Questions (FAQs):

Ans: United States Range Cooker Market size was estimated at USD 1.29 billion in 2022.
Ans: Major factors driving the growth of United States Range Cooker Market include rising adoption of household cooking appliances, growing investments in ultramodern kitchens by residential and commercial end users, and advancements in technology.
Ans: The residential segment holds a higher market share in the United States Range Cooker Market by application.
Ans: Key players in United States Range Cooker Market include Amana, GE Appliances, Samsung, Premier, Monogram, LG KitchenAid, Frigidaire, Viking, Thermador, and Dacor.