Home
Blog
BUSINESS RESEARCH NEWS Latest Industry Insights
LATEST INDUSTRY NEWS
Smart Kitchen Appliances Market To Witness an Outstanding Growth during 2019 – 2027 Date: January 10, 2022 Author: Tech News
0 Comments
Transparency Market Research (TMR) states the global smart kitchen market has been expected to grow with a higher growth rate in coming years. The global smart kitchen appliances market is fragmented in nature with the presence of large number of small and large players. Companies are adopting the strategy of product innovation & development as well as investing in geographical expansion. Some of the large players are offering innovative product to increase their customer base. As per TMR report, global smart kitchen appliances market size was valued at US$ 2,725.5 Mn and expected to grow with a CAGR of 25.5%. By the end of 2027, the market is forecasted to reach US$ 8,501.1 Mn in 2027.