Germany Cooktop Market Size, Share, and COVID-19 Impact Analysis, By Type (Gas Cooktops and Induction Cooktops), By Installation Type (Built-in and Freestanding), and Germany Cooktop Market Insights, Industry Trend, Forecasts to 2035
Industry: HealthcareGermany Cooktop Market Insights Forecasts to 2035
- The Germany Cooktop Market Size was Estimated at USD 11,313.2 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 3.44% from 2025 to 2035
- The Germany Cooktop Market Size is Expected to Reach USD 16,415.4 Million by 2035
Get more details on this report -
The Germany Cooktop Market Size is Anticipated to reach USD 16,415.4 million by 2035, growing at a CAGR of 3.44% from 2025 to 2035. This may be because of increasing health awareness and the need to consume wholesome home foods, avoidance of food from unhygienic conditions or establishments with unhealthy ingredients and methods, and increasing expenses of dining out, these factors are driving the market.
Market Overview
The cooktop market involves the retailing of surfaces utilized in kitchen spaces to heat cookware to prepare food. Such surfaces, commonly known as stovetops or hobs, can be electric, gas, or induction type. A cooktop is a heated surface that can be placed on top of a cooker or integrated into a work surface to cook food. An induction cooktop heats food through the passage of currents from an electromagnetic field beneath the glass top to magnetic induction cooking vessels on top. It heats this cooking vessel directly without burning anything or a flame, as opposed to thermal conduction. An induction cooktop would warm cookware faster than nearly any medium because it does not necessarily need an independent source of heat. Induction cooking is a highly effective option that enables the customer greater control over the cooking than traditional options because it transfers heat directly to cookware. In addition, since the heat is produced directly, the temperature is much more uniform than with gas or electric ranges.
Report Coverage
This research report categorizes the market for the Germany cooktop market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany cooktop market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany cooktop market.
Germany Cooktop Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 11,313.2 Million |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 3.44% |
2035 Value Projection: | USD 16,415.4 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Type, By Installation Type, and COVID-19 Impact Analysis. |
Companies covered:: | BSH Hausgeräte GmbH, Whirlpool Corporation, Miele & Cie. KG, Panasonic Holdings Corporation, Electrolux AB, and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The most important driving factor behind the growth of the market is the growing demand for cooktops, particularly among working women. Growing fuel prices are also the reason behind the growing adoption of cooktops by consumers, which is expected to drive the cooktops market through the forecast period. The market for cooktops is expected to be driven by the increasingly modern way of life of people. The induction cooktop market will experience significant growth owing to growing awareness among consumers regarding smart kitchen appliances.
Restraining Factors
The increasing popularity of ovens and microwaves is a key factor constraining product demand. Ovens and microwaves possess several benefits over induction stoves, such as time saving and convenience, which result in customer demand. Steam ovens reduce cooking time while preserving the nutritional value of the food. Steam cooking is less energy-intensive because it takes less time to cook. Most leading cooking appliance companies have recently incorporated steam-cooking features into their traditional ovens and cookers/ranges.
Market Segmentation
The Germany cooktop market share is classified into type and installation type.
- The gas cooktops segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Germany cooktop market is segmented by type into gas cooktops, induction cooktops. Among these, the gas cooktops segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The market is driven by their exact and instantaneous temperature control, appealing to commercial cooks and consumers looking for trusted and responsive cooking action. Secondly, gas stoves are quite popular due to their longevity, cost savings, and capability during electricity outages, making them a convenient selection among many shoppers.
- The built-in segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Germany cooktop market is segmented by installation type into built-in and freestanding. Among these, the built-in segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Demand will be influenced by the rising importance of kitchen look and functionality, with shoppers opting for slender, modern products that fit beautifully within their kitchens. The convenience and aesthetic, and technologically savvy aspects of having a built-in cooktop are contributing to driving segment growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany cooktop market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- BSH Hausgeräte GmbH
- Whirlpool Corporation
- Miele & Cie. KG
- Panasonic Holdings Corporation
- Electrolux AB
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany cooktop Market based on the below-mentioned segments:
Germany Cooktop Market, By Type
- Gas Cooktops
- Induction Cooktops
Germany Cooktop Market, By Installation Type
- Built-in
- Freestanding
Need help to buy this report?