NEW YORK, Dec. 18, 2023 /PRNewswire/ — The Household Kitchen Blenders Market is experiencing remarkable expansion, with a growth momentum at a CAGR of 5.7% between 2022 and 2027. The market size is expected to increase by USD 893.5 million, this growth is driven by several factors, including the rising population of working women, the ease and convenience offered by kitchen blenders, and the increase in online sales channels. In this industry, manufacturers are proactively engaging in innovation to address consumer needs, emphasizing the development of blenders featuring durable blades, high-speed blending functionalities, and variable speed options. Request Sample Request
Covering a comprehensive spectrum, this report delves into distinct market segments: countertop blenders and immersion blenders, along with distribution channels spanning offline and online platforms across key geographies: North America, APAC, Europe, South America, and the Middle East and Africa. The report meticulously examines market drivers, trends, and challenges while drawing insights from historical data between 2017 and 2021.
The market is significantly driven by the increasing population of working women globally. This demographic’s demand for kitchen blenders for various purposes like smoothies, pureed soups, and cocktails has increased. Notably, the rise in dual-income households due to the growing number of working women has contributed to higher average household incomes, thereby boosting the demand for household kitchen blenders.
The household kitchen blenders market, particularly the segment of countertop blenders, showcases a significant growth momentum driven by multifunctional designs and technological advancements. Manufacturers in this space are actively innovating to meet consumer demands, focusing on creating blenders equipped with durable blades, offering high-speed blending capabilities and variable speed settings. These blenders are engineered for easy cleaning, ensuring convenience for users, while their multifunctional nature caters to diverse kitchen needs. A holistic analysis of this market segment reveals an increasing preference among consumers for countertop blenders that provide versatile functionalities while maintaining durability. As households seek more efficient and adaptable kitchen appliances, the market size for countertop blenders continues to expand, affirming their position as indispensable tools for culinary enthusiasts and homemakers alike. Buy the report
Affordable blenders are the perfect kitchen companion to whip up delightful concoctions without breaking the bank. These versatile appliances come in various shapes and sizes, catering to a range of needs while fitting snugly into budget-conscious households.
Compact blenders have revolutionized the blending game. Their space-saving design doesn’t compromise performance. Whether you’re dealing with a small kitchen or seeking portability for your blending needs, compact blenders are the go-to choice. They effortlessly blend, chop, and mix while being conveniently sized to store even in the most limited spaces.
Smoothie maker blenders are a health enthusiast’s dream. Crafting the perfect smoothie becomes a breeze with these specialized blenders. They’re adept at pulverizing fruits, veggies, and ice into creamy perfection, ensuring every sip is packed with nutrients and flavor. These blenders bring the taste of a smoothie shop right into your home.
Specialty blenders cater to specific needs, from blending tough ingredients to performing specialized culinary tasks. Whether you’re into making nut butter, grinding spices, or preparing baby food, specialty blenders are tailored to meet these demands. They’re the Swiss Army knives of the blending world, offering versatility beyond the ordinary.
When shopping for blenders, consider the unique features each type offers. Affordable blenders provide quality without compromising your budget, while compact blenders optimize space without sacrificing efficiency. Smoothie maker blenders ensure your daily dose of health and specialty blenders cater to specific culinary needs.
For insights on how affordable blenders, space-saving compact blenders, smoothie maker blenders, or specialized blenders will boost the household kitchen blenders market, download the sample report here
This holistic analysis presents an illuminating outlook on the Household Kitchen Blenders market dynamics, challenges, and opportunities across diverse sectors and geographies, charting a trajectory of rapid growth and evolution.
Senior Analysts of Technavio said:
“APAC is estimated to contribute 31% to the growth of the global market during the forecast period.”
“ APAC is expected to contribute significantly (31%) to the global market growth during the forecast period. North America, especially the US and Canada, showcases immense growth potential owing to changing lifestyles and increasing disposable incomes. Additionally, the preference for various beverages drives the demand for superior household kitchen blenders in this region.
According to an Executive of Technavio,
“The emerging demand for noiseless blenders is a major market trend”
“An emerging trend in the market focuses on noiseless blenders. Manufacturers are actively working to reduce noise levels in blenders, offering consumers enhanced user experiences. Consumers exhibit a willingness to invest more in blenders that are quieter, energy-efficient, and equipped with multiple functionalities, driving the market growth.”
The household kitchen blenders market shows promising growth prospects driven by demographic shifts, technological advancements, and geographical preferences. Manufacturers and companies implement strategic innovation, and market expansion which will likely shape the market’s growth during the forecast period.
Related reports:
Hand Blender Market: The hand blender market size is estimated to grow at a CAGR of 7.76% between 2022 and 2027. The hand blender market size is forecast to increase by USD 116.89 million.
Bread Maker Market: The Bread Maker Market Size is estimated to grow at a CAGR of 8.33% between 2022 and 2027. The bread maker market size is forecast to increase by USD 228.62 million.
TOC
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Distribution Channel
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
