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Household Kitchen Blenders Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71717
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This research report on household kitchen blenders market share is expected to increase by USD 781.62 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.70%.

This household kitchen blenders research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers household kitchen blenders market segmentation by product (countertop blenders and immersion blenders), distribution channel (offline and online), and geography (North America, APAC, Europe, South America, and MEA). The household kitchen blenders research report also offers information on several market vendors, including AB Electrolux, Bajaj Electricals Ltd., Cuisinart, De Longhi S.p.A, Glen Dimplex Group, Groupe SEB, Hamilton Beach Brands Holding Co., Havells India Ltd., Hisense International Co. Ltd., and Koninklijke Philips NV among others.

What will the Household Kitchen Blenders Market Size be During the Forecast Period?

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Household Kitchen Blenders Research Report: Key Drivers and Trends

The ease of use, portability, and convenience for consumers is notably driving the household kitchen blenders industry growth, although factors such as the threat from counterfeit products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the household kitchen blenders industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Household Kitchen Blenders Industry Driver

One of the key factors driving growth in the household kitchen blenders industry is the ease of use, portability, and convenience for consumers. Vendors invest a considerable amount of resources to study consumer behavior and understand their needs and wants. Factors such as busy lifestyles and evolving demographic segmentation with growing equality in the workplace among men and women are driving the growth of the global household kitchen blenders market. The increase in dual-income households with rising disposable income allows consumers to pay extra for premium products that are time- and energy-efficient. The portable blender allows consumers to prepare smoothies at home and even carry them to the gym, work, outside the house.

Key Household Kitchen Blenders Industry Challenge

The threat from counterfeit products will be a major challenge for the household kitchen blenders industry during the forecast period. A key factor that encourages the production of such counterfeit products is the low production costs. The presence of counterfeit products in the market maligns the image of the original companies whose products are being copied and sold, which ultimately leads to a loss of consumer trust and inhibits the growth of the market. With the growing trend of online shopping, the assurance of product quality and originality is sometimes compromised. A majority of consumers are unaware of the infringement of intellectual property rights by counterfeit products that are sold through online platforms. The growing demand for relatively cheaper counterfeit hand blenders has encouraged the presence of counterfeit products in the market, which has resulted in the plummeting of revenues for prominent vendors.

This household kitchen blenders industry analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Household Kitchen Blenders Industry Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AB Electrolux
  • Bajaj Electricals Ltd.
  • Cuisinart
  • De Longhi S.p.A
  • Glen Dimplex Group
  • Groupe SEB
  • Hamilton Beach Brands Holding Co.
  • Havells India Ltd.
  • Hisense International Co. Ltd.
  • Koninklijke Philips NV

 

This statistical study of the household kitchen blenders industry forecast encompasses successful business strategies deployed by the key vendors. The household kitchen blenders market is fragmented and the vendors are deploying growth strategies such as investing moderately in R&D to remain updated with the latest technology to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The household kitchen blenders industry forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Household Kitchen Blenders Market?

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31% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for household kitchen blenders in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing middle-class population and their rising income, which has empowered their spending power on household needs and appliances will facilitate the household kitchen blenders industry growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Household Kitchen Blenders Market?

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This research report on household kitchen blenders share growth by the countertop blender segment will be significant during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the household kitchen blenders market size and actionable market insights on post COVID-19 impact on each segment.

 

Household Kitchen Blenders Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.70%

Market growth 2021-2025

$ 781.62 million

Market structure

Fragmented

YoY growth (%)

5.17

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 31%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AB Electrolux, Bajaj Electricals Ltd., Cuisinart, De Longhi S.p.A, Glen Dimplex Group, Groupe SEB, Hamilton Beach Brands Holding Co., Havells India Ltd., Hisense International Co. Ltd., and Koninklijke Philips NV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Household Kitchen Blenders Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive household kitchen blenders market growth during the next five years
  • Precise estimation of the household kitchen blenders market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the household kitchen blenders industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of household kitchen blenders market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Countertop blenders - Market size and forecast 2020-2025
    • Immersion blenders - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AB Electrolux
      • Bajaj Electricals Ltd.
      • Cuisinart
      • De Longhi S.p.A
      • Glen Dimplex Group
      • Groupe SEB
      • Hamilton Beach Brands Holding Co.
      • Havells India Ltd.
      • Hisense International Co. Ltd.
      • Koninklijke Philips NV

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The household kitchen blenders market growth will increase by $781.62 million during 2020-2025.
      The household kitchen blenders market is expected to grow at a CAGR of 5.70% during 2020-2025.
      Technavio has segmented the household kitchen blenders market by product (Countertop blenders and Immersion blenders) ,distribution channel (Offline and Online) , and geographic (North America, APAC, Europe, South America, and MEA).
      AB Electrolux, Bajaj Electricals Ltd., Cuisinart, De Longhi S.p.A, Glen Dimplex Group, Groupe SEB, Hamilton Beach Brands Holding Co., Havells India Ltd., Hisense International Co. Ltd., Koninklijke Philips NV are a few of the key vendors in the household kitchen blenders market.
      APAC will register the highest growth rate of 31.46% among the other regions. Therefore, the household kitchen blenders market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the household kitchen blenders market growth are:
      • Ease of use, portability, and convenience for consumers
      The household kitchen blenders market vendors should focus on grabbing business opportunities from the countertop blenders segment as it accounted for the largest market share in the base year.
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