Building & Construction Market Research News

Global kitchenware equipment market to reach USD 234.5 billion by 2024 according to market forecasts

Construction Market Research

The global kitchenware equipments market is expected to increase at a CAGR of 3.6% over the forecast period i.e. 2016-2024.

According to Goldstein Research, global kitchenware equipment market is expected to reach USD 234.5 billion by the end of 2024 from USD 176.4 billion in 2016, growing at a CAGR of 3.6%. Technological advancement and digitization of kitchenware equipment to create a connected environment are driving the growth of global kitchenware equipment market.

Global kitchenware equipment market segmentation has been done on the basis of product type, end-user, distribution channel and geography. Online platform has gained significant growth in the supply of kitchenware equipment.