| Product Code: ETC6190048 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australian residential hobs market, the import trend showed a growth rate of 9.37% from 2023 to 2024, contrasting with a compound annual growth rate (CAGR) of -0.91% from 2020 to 2024. This shift may be attributed to evolving consumer preferences or changes in trade policies impacting import momentum.
Australias residential hobs market is evolving with increasing consumer interest in stylish, efficient, and safe cooking surfaces. Induction hobs, gas hobs, and electric ceramic hobs are popular choices, each catering to different cooking preferences and budgets. Technological advancements focus on faster heating, better temperature control, and integration with smart kitchen systems. Health and safety features, along with sleek designs, play a significant role in consumer decision-making.
The residential hobs market in Australia is shifting towards induction cooking technology due to its efficiency, safety, and speed advantages over traditional gas and electric hobs. There is also increased demand for smart hobs that integrate with kitchen automation systems, allowing precise control and monitoring. Design aesthetics and easy cleaning features are additional factors influencing consumer preferences.
The Residential Hobs Market faces competition from alternative cooking technologies, including induction and smart cooktops, which require continuous innovation. High costs associated with advanced models limit consumer adoption. Installation complexity, particularly in older homes with incompatible electrical wiring, constrains market growth. Regulatory standards concerning energy efficiency and safety increase design and compliance costs. Additionally, consumer demand for easy-to-clean and aesthetically appealing products necessitates ongoing product development investments.
The residential hobs market in Australia is growing, with consumers favoring modern, efficient, and stylish cooking appliances. Investment opportunities exist in electric, induction, and gas hob technologies that offer precision cooking and safety features. Additionally, smart hobs integrated with kitchen automation systems present a forward-looking segment for investors aiming at premium market segments.
Government regulations focus on energy efficiency and safety standards for residential cooking appliances including hobs. Minimum energy performance standards encourage the use of induction and other efficient technologies over traditional gas or electric models. Safety certifications ensure consumer protection and compliance with appliance standards under the Australia Consumer Law.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Residential Hobs Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Residential Hobs Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Residential Hobs Market - Industry Life Cycle |
3.4 Australia Residential Hobs Market - Porter's Five Forces |
3.5 Australia Residential Hobs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Australia Residential Hobs Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Australia Residential Hobs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for residential housing, hence driving the demand for residential hobs. |
4.2.2 Growing trend of kitchen renovation and remodeling projects in Australia, boosting the sales of residential hobs. |
4.2.3 Rising disposable income levels among consumers, resulting in higher spending on premium and innovative residential hobs. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing costs of residential hobs. |
4.3.2 Stringent government regulations related to energy efficiency standards, affecting the design and pricing of residential hobs. |
5 Australia Residential Hobs Market Trends |
6 Australia Residential Hobs Market, By Types |
6.1 Australia Residential Hobs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Residential Hobs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Australia Residential Hobs Market Revenues & Volume, By Induction, 2021- 2031F |
6.1.4 Australia Residential Hobs Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.5 Australia Residential Hobs Market Revenues & Volume, By Mix, 2021- 2031F |
6.2 Australia Residential Hobs Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Australia Residential Hobs Market Revenues & Volume, By 2 burner, 2021- 2031F |
6.2.3 Australia Residential Hobs Market Revenues & Volume, By 3 burner, 2021- 2031F |
6.2.4 Australia Residential Hobs Market Revenues & Volume, By 4 burner, 2021- 2031F |
6.2.5 Australia Residential Hobs Market Revenues & Volume, By 5 burner, 2021- 2031F |
7 Australia Residential Hobs Market Import-Export Trade Statistics |
7.1 Australia Residential Hobs Market Export to Major Countries |
7.2 Australia Residential Hobs Market Imports from Major Countries |
8 Australia Residential Hobs Market Key Performance Indicators |
8.1 Average selling price (ASP) of residential hobs in Australia. |
8.2 Number of new residential construction projects in key cities. |
8.3 Consumer sentiment towards kitchen appliances and willingness to invest in high-end residential hobs. |
8.4 Rate of adoption of smart features and technologies in residential hobs. |
8.5 Energy efficiency ratings and certifications achieved by residential hobs in the market. |
9 Australia Residential Hobs Market - Opportunity Assessment |
9.1 Australia Residential Hobs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Australia Residential Hobs Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Australia Residential Hobs Market - Competitive Landscape |
10.1 Australia Residential Hobs Market Revenue Share, By Companies, 2024 |
10.2 Australia Residential Hobs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |