Global Conventional Oven Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Gas Ovens and Electrical Ovens.

By Application;

Restaurant, Hotels, Schools, Bakery, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn589984707 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Conventional Oven Market (USD Million), 2021 - 2031

In the year 2024, the Global Conventional Oven Market was valued at USD 3194.65 million. The size of this market is expected to increase to USD 4203.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The Global Conventional Oven Market has seen significant growth over recent years, driven by increasing consumer demand for home appliances that offer both convenience and efficiency. Conventional ovens, which operate using heating elements to cook food evenly, have become a staple in households worldwide. Their popularity stems from their simplicity, reliability, and ability to deliver consistent cooking results. These ovens are often favored for their versatility in handling various cooking tasks, from baking and roasting to grilling.

In addition to household use, conventional ovens are also widely utilized in commercial kitchens, including restaurants, bakeries, and catering services. The commercial sector values these ovens for their durability and ability to handle high-volume cooking demands. Technological advancements have further enhanced the functionality of conventional ovens, with modern models featuring digital controls, programmable settings, and energy-efficient designs. These innovations have contributed to the sustained growth and expansion of the market.

Regionally, the market's growth varies, with North America and Europe leading due to their well-established appliance markets and high consumer spending power. However, emerging economies in Asia-Pacific and Latin America are rapidly catching up, driven by urbanization, rising disposable incomes, and increasing adoption of modern kitchen appliances. The ongoing trend of kitchen modernization and the rise in home-cooked meals, especially post-pandemic, continue to bolster the market. As a result, the Global Conventional Oven Market is poised for steady growth in the coming years, supported by both consumer and commercial demand.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Conventional Oven Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Kitchen Modernization
        2. Technological Advancements
        3. Rising Disposable Income
        4. Home Cooking Trend
      2. Restraints
        1. High Energy Consumption
        2. Market Saturation
        3. Intense Competition
        4. Economic Instability
      3. Opportunities
        1. Smart Oven Integration
        2. Eco-Friendly Innovations
        3. Emerging Markets Expansion
        4. Enhanced User Experience
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Conventional Oven Market, By Type, 2021 - 2031 (USD Million)
      1. Gas Ovens
      2. Electrical Ovens.
    2. Global Conventional Oven Market, By Application, 2021 - 2031 (USD Million)
      1. Restaurant
      2. Hotels
      3. Schools
      4. Bakery
      5. Other.
    3. Global Conventional Oven Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AB Electrolux
      2. SHARP CORPORATION
      3. Illinois Tool Works Inc
      4. Galanz
      5. Haier Inc.
  7. Analyst Views
  8. Future Outlook of the Market