Mixer Grinder Market Size, Industry Trends, Overview, Share & Forecast to 2032
The global mixer grinder market size is expected to expand due to the increase in the dependency on smart kitchen appliances. Fortune Business Insights publishes this information in an upcoming report titled, “Mixer Grinder Market, 2024-2032”.
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Segments:
By product type, the market is bifurcated into the stand mixer and hand mixer.
Based on end-user, the market is divided into residential and commercial.
On the basis of distribution channels, the market is categorized into online and offline.
Finally, by geography, the market share is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Coverage:
The report provides complete information regarding recent developments and trends in the market. The drivers and restraints affecting the global market growth during the forecast period are highlighted further in this report. The impact of COVID-19 pandemic on market development and expansion is mentioned further, along with the new strategies adopted by the leading market players to improve their business performance. Also, a list of key market players is provided, along with the recent developments introduced by these players.
Drivers & Restraints:
Rising Demand For Modular Kitchen Appliances To Augment Growth
The demand for a mixer grinder is expected to surge during the forecast period due to the increasing demand for smart kitchen appliances. Also, the increasing trend of modular kitchens across residencies is expected to drive market growth. Furthermore, the advancements in electronics and electric appliances are anticipated to fuel the mixer grinder market growth during the forecast period.
However, the high cost of mixer grinders may hamper the market growth in the coming years.
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Regional Insights:
North America Dominates Global Market Due To Increasing Demand For Smart Kitchen Appliances
North America is expected to hold the dominant global mixer grinder market share during the forecast period due to increasing demand for innovative mixer products. Also, the appliances offered by leading players are user-friendly and aesthetically appealing, which is expected to drive the regional market.
Europe is anticipated to hold the second-highest position globally in the projected period. The increasing health consciousness is expected to fuel the regional market growth in the coming years.
Competitive Landscape:
Introducing New Appliances Allow Companies To Propel Growth
The leading companies such as Bosch, Havells, and Philips focus on launching new mixer grinders to propel growth by improving their product portfolio. Also, the companies adopt recent technologies to introduce new product ranges according to customer needs and demand.
Key Industry Developments:
- October 2020: The Bosch has unveiled the TrueMixx Pro mixer grinder, which is equipped with a 1000-watts 3-C series motor with 100% copper windings designed to deliver high torque. It comes with four stainless-steel jars with flow breakers that ensure good grinding. Moreover, it has a chrome finish that gives it a premium look.
- November 2019: Havells launched its ASPRO Mixer Grinder, equipped with a 500 Watts motor that offers an RPM of 21000 and ensures superior grinding. It comes with a chutney jar, a dry or wet jar and a blending jar. It comes with stainless steel blades that ensure efficient grinding.
List of Key Players Profiled in the Market Report for Mixer Grinder:
- Philips India Ltd. (India)
- Bajaj Electricals Limited (India)
- Morphy Richards Ltd. (U.K.)
- Bosch Limited (Germany)
- Havells India Limited (India)
- Jaipan Industries Limited (India)
- TTK Prestige Limited (India)
- Kenstar India (India)
- Kitchen Appliances India Limited (India)
- Panasonic Corporation (Japan)
- Crompton Greaves (India)
- Usha International Limited (India)
- Preethi Kitchen Appliances Pvt. Ltd. (India)
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