The Key Players Driving the Household Blender Market – The global household blender market is expected to reach a value of USD 3195.1 million by 2028, according to a new report by Introspective Market Research. The market is projected to grow at a CAGR of 7.6% during the forecast period from 2022 to 2028. The report provides a comprehensive analysis of the market, including its size, development patterns, trends, and key players. It also examines the impact of the COVID-19 pandemic on the market.
The report segments the household blender market by type, with countertop blenders, portable blenders, and hand blenders being the main categories. By application, the market is divided into offline and online channels. The report also provides a regional analysis, covering North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The report includes a competitive landscape analysis, with profiles of major players such as Blendtec, Vitamix, Joyoung, SUPOR, Midea, AUX, and WMF Professional. It also includes a value chain analysis and a Porter’s five forces analysis.
In terms of drivers, the report cites factors such as the increasing demand for healthy and convenient food options, the growth of the e-commerce industry, and the rising popularity of home cooking due to the COVID-19 pandemic. On the other hand, the report notes that the high cost of premium blenders and the availability of cheaper alternatives may act as restraints on the market.
Overall, the report provides a detailed and comprehensive analysis of the global household blender market, including its size, growth prospects, key players, and industry trends. It is an essential resource for companies operating in the market and for investors looking to gain a better understanding of the market.