According to a new report published by Allied Market Research, titled, “Stand Mixer Market by Type, End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global stand mixer market size was valued at $1.8 billion in 2020, and is projected reach $2.9 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030.
Request The Free Sample PDF Of This Report : https://www.alliedmarketresearch.com/request-sample/14111
Many new commercial establishments like cafes, hotels, and restaurants are being set up and they require many appliances like stand mixers to efficiently perform their daily operations. This emergence of new commercial establishments is leading to an increase in the purchase of stand mixers. Many entrepreneurs are setting up new cafes and restaurants as a way to convert their passion or hobbies in to livelihoods. Similarly, many hotels are also being set up, or large chains of hotels are expanding their businesses into new locations. As such establishments require constant cooking operations that need to be quick, they use stand mixers and other types of appliances in order to increase operational efficiencies and reduce waiting time. Expansion of hospitality industry is likely to positively impact market growth of the global stand mixer market in the upcoming years
There are a few kitchen appliances that can perform the same functionalities as a stand mixer, but may have additional features or are cost effective than stand mixers. These alternatives to stand mixers are hampering the market. Hand mixers are motorized mixers that are small, so that they can be held in the hand. They are much cost effective than stand mixers, while having the same functionality as a stand mixer. Another appliance that is comparable to a stand mixer is a food processor. Food processors can not only mix dough and batter almost as good as stand mixer, but they can also perform many other functionalities such as cutting, chopping, blending, mincing, to name a few, which a stand mixer may or may not be able to do. These appliances are very well known and can work as a viable alternative to stand mixers, hence they pose a risk to the stand mixer market.
The stand mixer market was impacted slightly positively during the pandemic. The loss of supply chains and distribution channels in the initial months of the pandemic had caused small losses for the market, however these losses were recovered in the later phases. During the lockdowns, people started indulging in their hobbies of baking and cooking. A large number of people were engaging in online food trends and making new dishes for themselves as well as their families. As a result, the market have witnessed positive growth in the later half of the year 2020.
Buy Now & Get Exclusive Discount on this Report : https://www.alliedmarketresearch.com/checkout-final/cf8682f6259720e944bf2ab62b8650be
The global stand mixer market is segmented on the basis of type, end user, distribution channel, and region. Based on type, the global market is bifurcated into tilt head mixers and bowl lift mixers. Based on end user the global market is bifurcated into residential and commercial. Based on distribution channel the global market is studied across hypermarket/supermarket, specialty stores, and online channels. The global stand mixer market is also studied across North America, Europe, Asia-Pacific, and LAMEA.
KEY FINDINGS OF THE STUDY
- By type, the tilt head stand mixer leads in terms of market share, however, the bowl lift mixer is predicted to grow with the highest CAGR during the forecast period.
- Stand mixers are most commonly used for residential purposes and the commercial use of stand mixers is slowly increasing.
- Majority of the stand mixers are being purchased from hypermarkets/supermarkets. The sale of stand mixers is poised to grow in the future.
- Europe is the largest region in terms of stand mixer usage followed by North America. Asia-Pacific region will grow with the highest CAGR during the forecast period.
Share Your Requirements & Get Customized Reports : https://www.alliedmarketresearch.com/request-for-customization/14111
Some of the major players profiled for in the stand mixer market analysis include Bosch, Breville Group Limited, De’ Longhi Appliances S.r.l., Electrolux, Koninklijke Philips N.V., Newell Brands, Panasonic, SMEG S.p.A., Whirlpool corporation, and Wonderchef Home Appliances Pvt. Ltd. Other prominent players analyzed in the report are Hobart, Hamilton Beach, Cuisinart, Conair Corporation, Spar Mixers, and Sencor.
Reasons to Buy this Stand Mixer Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors
Related Reports:
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com