United States Range Cooker Market Size Booming to Cross USD 2 Billion by 2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States range cooker market size at USD 1.29 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects United States range cooker market size to grow at a significant CAGR of 7.16% reaching a value of USD 2.07 billion by 2029.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States range cooker market size at USD 1.29 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects United States range cooker market size to grow at a significant CAGR of 7.16% reaching a value of USD 2.07 billion by 2029. In the residential sector, the use of stylish and functional appliances in multi-functional kitchens is a continuing trend. This, combined with the growing trend of remodeling homes to accommodate modular kitchens, is driving rapid product adoption across the United States. The emphasis on increasing resale value from remodeling projects has also increased the popularity of range cookers in homes. The rising popularity of eating out has resulted in an increase in the number of restaurants, hotels, resorts, food stations, and other commercial eateries across the country. All these factors are expected to drive the size the United States range cooker market during the period in analysis (2023–2029).
United States Range Cooker Market – Overview
A self-contained kitchen device known as a range cooker combines an oven and a stove. For both commercial and household use, range cookers come in a variety of designs and sizes. Range cookers are typically smaller than standalone and built-in ovens. Modern range cookers frequently come with built-in storage so that pots and trays can be kept inside the cooker. Customers can choose from a monochromatic or pastel color scheme in the modern range cooker series, which is said to be perfect for modern kitchens.
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Impact of COVID-19 on United States Range Cooker Market
During COVID-19, social isolation and confinement across the United States imposed by federal and state governments boosted the popularity of the e-commerce platform. Some websites also sell low-cost appliances and promote them through digital media channels. People's knowledge of various cooking methods and tools has grown due to television shows, periodicals, and social media. Therefore, the market for range cookers in the United States grew and is projected to during the forecast period during the forecast period between 2023 and 2029.
United States Range Cooker Market – By Price Range
Range cooker market in the United States is segmented into four price ranges: USD 1,000 and Below, USD 1,001–3,000, USD 3,001–5,000, and above USD 5,000. The market leader is cookers with a price range above USD 5,000. Nationwide manufacturers of high-end range cookers include Viking, KitchenAid, Thermador, Dacor Monogram, and Bertazzoni. For instance, a 36" Smart Commercial-Style Gas Range from KitchenAid comes with two adjustable 20,000 BTU Ultra Power Dual-Flame Burners that provide the power and control required to properly sear, simmer, stir-fry, and sauté.
United States range cooker market is highly competitive. Major players in the market include Amana, GE Appliances, Samsung, Premier, Monogram, LG KitchenAid, Frigidaire, Viking, Thermador, and Dacor. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the United States range cooker market.
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