The Rising Population and Urbanization Across Regions has Propelled the Growth of the Gas Stoves Market in APAC!
- Himanshu Patni
- November 24, 2023
- CONSUMER GOODS, NEWS
- Gas Stoves Market, Gas Stoves Market Share, Gas Stoves Market Size, Gas Stoves Market Trends
- 0 Comments
The APAC region is home to a large and rapidly growing population. With increasing urbanization, more people are moving from rural to urban areas in search of better opportunities. This population growth leads to an increased demand for household appliances, including gas stoves, as people establish new homes or upgrade their existing ones. Urbanization brings about changes in lifestyle and living conditions. As more people migrate to cities, the demand for convenient and efficient cooking solutions rises. Gas stoves are preferred by many urban dwellers due to their quick heating, precise temperature control, and reliability. They offer a faster and more efficient cooking experience compared to traditional alternatives.
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In many parts of APAC, especially in developing countries, there is a transition from traditional cooking methods that use solid fuels (such as wood or coal) to modern cooking appliances like gas stoves. This shift is driven by various factors, including concerns about indoor air pollution, health hazards associated with solid fuel combustion, and the convenience of using gas stoves. Moreover, many governments in the APAC region have been actively promoting the use of clean cooking solutions and implementing policies to reduce reliance on solid fuels. These initiatives include subsidies for LPG connections, awareness campaigns, and the expansion of LPG distribution networks. Such measures further drive the demand for gas stoves as a preferred cooking option.
Further, the APAC Gas Stoves Market is expected to grow at a strong CAGR of xx% during the forecast period (2023-2030). APAC, particularly developing countries like India, China, and Japan is witnessing substantial growth due to the rising population, urbanization, and increasing disposable income in these countries.
APAC Gas Stove Market Revenue (2023-2030) – USD Mn.
· Based on the type, the gas stoves market is segmented into LPG stoves, coal gas stoves, natural gas stoves, and others. Among these LPG stoves are in high demand in the market as they provide a reliable and accessible fuel source, offer convenience, cost-effectiveness, and are environmentally friendly.
· Based on the material, the gas stoves market is segmented into stainless steel, cast iron, glass, and others. Among these stainless steel offers several advantages, including durability, resistance to corrosion, and easy maintenance, and therefore holds a considerable share in the market.
· Based on the burner type, the market is categorized into single, double, triple, and four types of burners. Among these both single and double burners strike a balance between functionality, affordability, and space efficiency, making them widely adopted in various settings, from residential kitchens to outdoor settings, catering to diverse consumer needs.
· On the basis of applications, the market is segmented into home use, commercial use, industrial use, and others. Among these, gas stoves are used widely in both home and commercial settings globally. In terms of home use, gas stoves are a popular choice for residential kitchens due to their convenience, precise temperature control, and energy efficiency while In commercial settings, gas stoves are extensively used in restaurants, cafes, hotels, and catering businesses.
For a detailed analysis of the Global Gas Stoves Market browse through – https://univdatos.com/report/gas-stoves-market/
Global Gas Stoves Market Segmentation
Market Insight, by Type
o LPG Stove
o Coal Gas Stove
o Natural Gas Stove
o Others
Market Insight, by Material
o Stainless Steel
o Cast Iron
o Glass
o Others
Market Insight, by Burner Type
o Single
o Double
o Triple
o Four
Market Insight, by Applications
o Home Use
o Commercial Use
o Industrial Use
o Others
Market Insight, by Region
· North America
o U.S.
o Canada
o Rest of North America
· Europe
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of APAC
· Rest of the World
Top Company Profiles
· Bakers Pride.
· BlueStar
· GE Appliances.
· LG Electronics.
· SAMSUNG
· Whirlpool
· Frigidaire.
· FOTILE America
· Electrolux
· GARLAND GROUP