Hand Blender Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Global Hand Blender Market will depict a 7.6% CAGR between 2024 and 2032, driven by increasing demand for convenient and versatile kitchen appliances. According to a report by the National Kitchen and Bath Association (NKBA), there has been a 15% increase in the adoption of small kitchen appliances in the past year.

Hand blenders, known for their compact design and ease of use, have become essential tools in modern kitchens. Rising company efforts toward launching new products are also leading to market growth. For instance, in September 2023, KitchenAid revolutionized the cordless small appliance market with the introduction of the KitchenAid Go Cordless System. This new system features six innovative cordless appliances, including the KitchenAid Go(TM) Cordless Hand Mixer, Food Chopper, Hand Blender, Personal Blender, Kitchen Vacuum, and Coffee Grinder.

Innovations in non-electric models and advancements in material quality, such as the use of durable plastics, are enhancing the performance and appeal of hand blenders. As consumers seek efficient and easy-to-use appliances, the hand blender market is poised for significant growth.

The overall Hand Blender Industry is classified based on the product type, material, attachment, electric watt, end-use, distribution channel, and region.

The non-electric hand blender segment will register a commendable CAGR from 2024 to 2032. These blenders offer a sustainable and cost-effective alternative to electric models, catering to environmentally conscious consumers and those seeking portable options for outdoor activities. The absence of electrical components makes them lightweight and easy to maintain, adding to their growing popularity. With innovations in design and functionality, non-electric hand blenders are becoming increasingly efficient, driving market demand and expanding their applications in kitchens worldwide.

In terms of material type, the plastic hand blender segment will witness appreciable growth over the forecast period. Advances in plastic technology have led to the development of more durable, heat-resistant, and lightweight materials that enhance the overall performance and longevity of hand blenders. Consumers are drawn to plastic hand blenders for their affordability, ease of handling, and availability in various designs and colors. As manufacturers continue to improve the quality and sustainability of plastics used in hand blenders, this segment will see sustained demand and market expansion.

Europe hand blender market will exhibit a notable CAGR from 2024 to 2032. European consumers are increasingly favoring compact and versatile kitchen appliances that save time and space, with hand blenders becoming a popular choice. The region's focus on sustainability and energy efficiency is also driving demand for non-electric hand blenders. Additionally, the increasing trend of home cooking and the rising popularity of healthy, homemade meals are boosting the adoption of hand blenders across European households. As manufacturers cater to the specific needs and preferences of European consumers, the demand for hand blenders in the region will grow steadily.

Product Code: 10081

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factors affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.1.7 Retailers
3.2 Impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising disposable income
  - 3.2.1.2 Increasing preference for wide range of blender
  - 3.2.1.3 Growing expenditure by consumers on kitchen appliances
- 3.2.2 Industry pitfalls and challenges
  - 3.2.2.1 Availability of alternatives such as immersion blenders
3.3 Technology and innovation landscape
3.4 Consumer buying behavior analysis
- 3.4.1 Demographic trends
- 3.4.2 Factors affecting buying decision
- 3.4.3 Consumer product adoption
- 3.4.4 Preferred distribution channel
3.5 Growth potential analysis
3.6 Regulatory landscape
3.7 Pricing analysis
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032, (USD Billion)

5.1 Key trends
5.2 Non-Electric
5.3 Electric
- 5.3.1 Corded
- 5.3.2 Cordless

Chapter 6 Market Estimates and Forecast, By Material, 2021 - 2032, (USD Billion)

6.1 Key trends
6.2 Stainless steel
6.3 Plastic
6.4 Others (wooden, etc.)

Chapter 7 Market Estimates and Forecast, By Attachment, 2021 - 2032, (USD Billion)

7.1 Key trends
7.2 Single attachment
7.3 Multiple attachment

Chapter 8 Market Estimates and Forecast, By Electric watt, 2021 - 2032, (USD Billion)

8.1 Key trends
8.2 Below 249 w
8.3 250-499 w
8.4 500-749 w
8.5 Above 750 w

Chapter 9 Market Estimates and Forecast, By end Use, 2021 - 2032, (USD Billion)

9.1 Key trends
9.2 Residential
9.3 Commercial

Chapter 10 Market Estimates and Forecast, By Distribution channel, 2021 - 2032, (USD Billion)

10.1 Key trends
10.2 Online
- 10.2.1 Company website
- 10.2.2 E-Commerce channel
10.3 Offline
- 10.3.1 Specialty stores
- 10.3.2 Mega Retail store
- 10.3.3 Others

Chapter 11 Market Estimates and Forecast, By Region, 2021 - 2032, (USD Billion)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Malaysia
- 11.4.7 Indonesia
- 11.4.8 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 South Africa
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

12.1 AB Electrolux
12.2 Braun
12.3 Braun GmbH
12.4 Breville
12.5 BSH Hausgerate GmbH
12.6 Conair Corporation
12.7 Cuisinart
12.8 Groupe SEB
12.9 Hamilton Beach Brands Holding Company
12.10 KitchenAid
12.11 Koninklijke Philips N.V.
12.12 Panasonic Corporation
12.13 Philips
12.14 Sunbeam Products, Inc.
12.15 Whirlpool Corporation