The scope of our recent study on the "Stand Mixer Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Tilt-Head and Bowl-Lift), End User (Residential and Commercial), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)" includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The Stand Mixer market was valued at US$ 1,826.01 million in 2021 and is projected to reach US$ 2,581.23 million by 2028; it is expected to grow at a CAGR of 5.1% from 2021 to 2028. Stand mixer is a stationary and motor-powered mixer. It consistently churns large quantities of ingredients for long periods of time at a consistent pace. Stand Mixer are available in different sizes, generally distinguished by the volume of the mixing bowl.
Based on end user, the global Stand Mixer market is bifurcated into residential and commercial. In 2020, the residential segment held a larger share of the market. In residential applications, Stand Mixer are used for day-to-day mixing and baking applications. The mixers are increasingly used in many households in the different countries.
The global Stand Mixer market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. In 2020, Europe held the largest revenue share of the global market. The high demand for processed food items in the region drives the regional market growth. Moreover, the market players across Europe are focusing on product development and product portfolio expansion. They are adding new features in their products to improve the functionalities of the mixers, which is boosting the market growth in the region.
Impact of COVID-19 Pandemic on Stand Mixer Market
The massive COVID-19 outbreak has created a temporary distortion in operational efficiencies in the global market. The continued lockdowns due to the pandemic has caused unprecedented disruption in the Stand Mixer market. The pandemic has also caused supply chain disruptions and production and transport delays. However, during the pandemic, the growth in baking and cooking activities at home have created demand for Stand Mixer. Furthermore, the industry is reporting a gradual recovery with the reopening of business activities in various economies. Therefore, the demand for Stand Mixer is expected to grow in coming months.
The report includes the segmentation of the global Stand Mixer market as follows:
By type, the global Stand Mixer market is segmented into tilt-head and bowl-lift. The global Stand Mixer market is segmented by end user into residential and commercial. The Stand Mixer market is segmented by distribution channel into supermarkets and hypermarkets, specialty stores, online retail, and others. By geography, the Stand Mixer market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South and Central America. North America includes countries like the US, Canada and Mexico. Europe region includes countries like Germany, France, UK, Italy, Russia, and Rest of Europe. Asia Pacific region includes countries like China, India, Japan, Australia, South Korea, and Rest of Asia Pacific. Middle East & Africa (MEA) includes countries like South Africa, Saudi Arabia, UAE, and Rest of MEA. South and Central America includes countries like Brazil, Argentina and Rest of South and Central America.
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