| Product Code: ETC6745101 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, China continued to witness a significant influx of induction hobs imports, with top exporting countries being Japan, South Korea, Spain, Germany, and Italy. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market in China. Despite the impressive Compound Annual Growth Rate (CAGR) of 7.75% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -5.11%. This data suggests a dynamic and competitive market landscape for induction hobs imports in China, with continued interest from key exporting nations.

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 China Induction Hobs Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Induction Hobs Market Revenues & Volume, 2021 & 2031F |
3.3 China Induction Hobs Market - Industry Life Cycle |
3.4 China Induction Hobs Market - Porter's Five Forces |
3.5 China Induction Hobs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Induction Hobs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 China Induction Hobs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Induction Hobs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization in China leading to a rise in demand for modern kitchen appliances. |
4.2.2 Growing consumer preference for energy-efficient and eco-friendly cooking solutions. |
4.2.3 Technological advancements in induction hob design and functionality. |
4.3 Market Restraints |
4.3.1 High initial cost of induction hobs compared to traditional gas stoves. |
4.3.2 Limited awareness and penetration of induction hobs in rural areas of China. |
4.3.3 Concerns regarding compatibility with existing cookware and kitchen setups. |
5 China Induction Hobs Market Trends |
6 China Induction Hobs Market, By Types |
6.1 China Induction Hobs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Induction Hobs Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Induction Hobs Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.1.4 China Induction Hobs Market Revenues & Volume, By Portable Induction Cooktops, 2021- 2031F |
6.1.5 China Induction Hobs Market Revenues & Volume, By Build - In, 2021- 2031F |
6.2 China Induction Hobs Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 China Induction Hobs Market Revenues & Volume, By Home Centres, 2021- 2031F |
6.2.3 China Induction Hobs Market Revenues & Volume, By Speciality Stores, 2021- 2031F |
6.2.4 China Induction Hobs Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 China Induction Hobs Market Revenues & Volume, By Other, 2021- 2031F |
6.3 China Induction Hobs Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 China Induction Hobs Market Revenues & Volume, By Household, 2021- 2031F |
6.3.3 China Induction Hobs Market Revenues & Volume, By Commercial, 2021- 2031F |
7 China Induction Hobs Market Import-Export Trade Statistics |
7.1 China Induction Hobs Market Export to Major Countries |
7.2 China Induction Hobs Market Imports from Major Countries |
8 China Induction Hobs Market Key Performance Indicators |
8.1 Average annual household income in urban areas of China. |
8.2 Percentage of households using energy-efficient appliances. |
8.3 Number of patents filed for induction hob technology advancements in China. |
8.4 Government incentives or subsidies for promoting energy-efficient appliances. |
8.5 Growth rate of kitchen remodeling projects in urban regions of China. |
9 China Induction Hobs Market - Opportunity Assessment |
9.1 China Induction Hobs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Induction Hobs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 China Induction Hobs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Induction Hobs Market - Competitive Landscape |
10.1 China Induction Hobs Market Revenue Share, By Companies, 2024 |
10.2 China Induction Hobs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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