South Africa Smart Kitchen Appliances Market Size & Outlook
- Consumer Goods
- Consumer Electronics & Appliances
- Smart Kitchen Appliances Market Outlook
- Consumer Electronics & Appliances
South Africa Smart Kitchen Appliances Market, 2017-2030 (US$M)
Global Market
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South Africa smart kitchen appliances market highlights
- The South Africa smart kitchen appliances market generated a revenue of USD 202.4 million in 2022 and is expected to reach USD 1,007.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 22.2% from 2023 to 2030.
- In terms of segment, smart refrigerators was the largest revenue generating product in 2022.
- Smart Cookware & Cooktops is the most lucrative product segment registering the fastest growth during the forecast period.
Smart kitchen appliances market data book summary
| Market revenue in 2022 | USD 202.4 million |
| Market revenue in 2030 | USD 1,007.5 million |
| Growth rate | 22.2% (CAGR from 2022 to 2030) |
| Largest segment | Smart refrigerators |
| Fastest growing segment | Smart Cookware & Cooktops |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Other Appliances |
| Key market players worldwide | Whirlpool Corp, LG Electronics Inc ADR, Electrolux AB ADR, Samsung Electronics Co Ltd, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Bosch, Breville Group Ltd, Miele, Daewoo International |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.3% of the global smart kitchen appliances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa smart kitchen appliances market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,007.5 million by 2030.
The improving economic conditions of many citizens have driven homeownership rates in the country, providing an opportunity for smart kitchens and appliances. The positive outlook of the housing market, coupled with a thriving tourism sector and an increase in the construction of hotels, restaurants, and recreational facilities, bodes well for the smart kitchen appliances market.
Apart from this, popular QSR chains, such as KFC, Steers, Wimpy, and Debonairs Pizza, are expanding their franchises across South Africa, boosting the demand for smart kitchen appliances across the commercial sector.
Key Regions:U.S., UK, Brazil, India, South Africa
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Smart Kitchen Appliances Market Scope
Smart Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| LG Electronics Inc ADR | View profile | 35,111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | www.lge.co.kr |
| Electrolux AB ADR | View profile | 41,869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | www.electroluxgroup.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | www.bosch.com |
| Haier Smart Home Co Ltd ADR | View profile | 112,458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | smart-home.haier.com/cn |
| Whirlpool Corp | View profile | 59,000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | www.whirlpoolcorp.com |
| Breville Group Ltd | View profile | 452 | 170-180 Bourke Road, Ground Floor, Suite 2, Alexandria, Sydney, NSW, Australia, 2015 | www.brevillegroup.com.au |
| Miele | View profile | 10001+ | Gütersloh, Nordrhein-Westfalen, Germany, Europe | www.miele.com |
| Daewoo International | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.daewoo.com |
South Africa Smart Kitchen Appliances Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Smart Kitchen Appliances Market Outlook will help companies and investors design strategic landscapes.
Smart Refrigerators was the largest segment with a revenue share of 35.28% in 2022.
Horizon Databook has segmented the South Africa smart kitchen appliances market based on smart refrigerators, smart cookware & cooktops, smart dishwashers, smart ovens, other appliances covering the revenue growth of each sub-segment from 2017 to 2030.
The improving economic conditions of many citizens have driven homeownership rates in the country, providing an opportunity for smart kitchens and appliances. The positive outlook of the housing market, coupled with a thriving tourism sector and an increase in the construction of hotels, restaurants, and recreational facilities, bodes well for the smart kitchen appliances market.
Apart from this, popular QSR chains, such as KFC, Steers, Wimpy, and Debonairs Pizza, are expanding their franchises across South Africa, boosting the demand for smart kitchen appliances across the commercial sector.
- South Africa Smart Kitchen Appliances Market Product Outlook (Revenue, USD Million , 2017-2030)
- Smart Refrigerators
- Smart Cookware & Cooktops
- Smart Dishwashers
- Smart Ovens
- Other Appliances
- South Africa Smart Kitchen Appliances Market Application Outlook (Revenue, USD Million , 2017-2030)
- Residential
- commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Smart Kitchen Appliances Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Smart Kitchen Appliances Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Smart Kitchen Appliances Market, 2017-2030 (US$M)
South Africa smart kitchen appliances market statistics, by product, 2017-2030 (US$M)
