Growing number of food & beverage producers and increasing the number of product launches in United States are the key factors driving the US market for gas ranges.
According to TechSci Research report, “United States Gas Ranges Market”– By Region, Competition Forecast and Opportunities, 2018-2028”, The United States gas range market in recent years, US gas ranges market has expanded significantly. For basic roasting and cooking requirements, gas ranges are used as standard equipment. In addition to one convection oven and one regular oven, gas ranges allow the addition of cooktop accessories such as griddles or broilers. Gas ranges are an essential piece of kitchenware in the food processing and restaurant industries. The needs of the consumer determine how frequently gas burners are operated.
The demand for products in both the commercial and residential sectors in the United States is being driven by the growing preference for modular kitchens and rising living standards. Additionally, a rapid rate of product adoption in the U.S. is being caused by the growing trend of modifying homes to create and accommodate modular kitchens. During the pandemic, the e-commerce distribution channel experienced significant growth. Customers are choosing to make more and more online purchases as a result of lockdowns and social segregation measures. Online retailers offer convenience and are attempting to speed up delivery.
Additionally, online retailers provide goods at low costs and advertise their goods on the internet by giving them discounted prices. The popularity of making meals at home and the dissemination of cooking advice through social media, publications, and tv programs have increased knowledge of various cooking methods, which is expected to drive market expansion during the forecast period. The demand for the product is also being boosted by increased spending on renovation and home renovation initiatives.
In addition, manufacturers are working with builders and contractors to build homes with the right gas range in the kitchen. Technological developments and an increase in IoT application in kitchen appliances are anticipated to be the main drivers of market growth. As there is an increasing demand for goods with smart characteristics, manufacturers are concentrating on creating novel technologies.
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The United States gas ranges market is segmented on the basis of type, end-use, distribution channel, and region.
Based on type, the market is further bifurcated into freestanding and built in. Among these, the freestanding segment holds the leading share in the market during the forecast period as freestanding gas ranges are convenient to move and shift, with the comparison of built-in gas ranges.
Based on end-use, the market is further bifurcated into residential and commercial sector. Among these, the residential sector is expected to hold the leading share during the forecast period. A wide range of products are available from manufacturers for residential customers. They can be entirely electric, entirely gas, or dual fuel, which combines two fuels, typically gas and electricity. Steam ovens are also a part of several of the newest designs. The most desirable element of a range that encourages residential adoption is its exceptional cooking capacity, which includes up to three ovens and a separate grill cavity.
Based on distribution channels, the market is segmented into supermarkets/hypermarkets, multi-branded stores, exclusive stores, contract sales, and online. Among these, the online segment is expected to be the fastest growing segment in the market during the forecast period as millennials, generation X, and generation Z are becoming more accustomed to and dependent upon online shopping and the internet. During the upcoming years, e-retailers’ value-added services, such as cash-on-delivery, discounted prices, and paybacks, are anticipated to fuel e-commerce growth. The top companies selling gas ranges online in the nation are Amazon, eBay, Walmart, Home Depot, and Wayfair.
Based on region, the market is segmented into South, West, Mid-West, and North-East. Among these, the Mid-West region is expected to hold the leading share in the market during the forecast period owing to the increasing the product launches and growing availability on various e-commerce and retail stores in the region, which fuels the demand for the gas ranges market in the US.
Major operating companies operating in the United States Gas Ranges Market are:
- Electrolux Home Products, Inc.
- Haier U.S. Appliance Solutions, Inc.
- Samsung Electronics America, Inc.
- Whirlpool Corporation
- LG Electronics U.S.A. Inc.
- Felix Storch, Inc. (Summit Appliance)
- Miele, Inc.
- SMEG U.S.A. Inc.
- Prizer-Painter Stove Works, Inc.
- BSH Home Appliances Corporation
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“The United States gas ranges market is growing due to the increase in individualism culture and the existence of a sizable foodservice sector. As more companies produce food and beverages, the demand for gas ranges in the US is growing. In the food processing industry, gas ranges with ovens or broilers are utilized generally to speedily cook large quantities of food. The expanding number of foodservice businesses and the café culture in the US are expected to promote the growth of the gas ranges industry in the country. Additionally, when disposable income rises and culinary passion among consumers increases, the need for gas ranges will increase across the nation.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
United States Gas Ranges Market By Type (Freestanding Vs. Built in), By End-Use (Residential Vs. Commercial), By Distribution Channel (Supermarkets/Hypermarkets, Multi-branded Stores, Exclusive Stores, Contract Sales, and Online), By Region, By Company, Forecast & Opportunities, 2018-2028, has evaluated the future growth potential of US gas ranges market and provides statistics & information on market size, structure, and future market growth. the report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the gas ranges market in United States.
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