Global Home Appliances Market Growth 2023-2029
Home appliance is electrical/mechanical machine which accomplish some household functions, such as cooking or cleaning. Home appliances can be classified into: major appliances, small appliances, and consumer electronics.
LPI (LP Information)' newest research report, the “Home Appliances Industry Forecast” looks at past sales and reviews total world Home Appliances sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Appliances sales for 2023 through 2029. With Home Appliances sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Appliances industry.
This Insight Report provides a comprehensive analysis of the global Home Appliances landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Appliances portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Appliances market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Appliances and breaks down the forecast by type, by seal channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Appliances.
The global Home Appliances market size is projected to grow from US$ 203460 million in 2022 to US$ 278070 million in 2029; it is expected to grow at a CAGR of 278070 from 2023 to 2029.
Global home appliances main players include Haier, Midea, Whirlpool, etc., totally accounting for about 33%. Asia-Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 26% and 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Appliances market by product type, seal channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Refrigerators
Washing Machines
Air Conditioner
Kitchen Appliances
Others
Segmentation by seal channel
Online Sales
Offline Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Koninklijke Philips
SEB
Midea
JS Global
Panasonic
Donlin
Whirlpool
Haier
LG Electronics
Spectrum Brands Holdings
Electrolux Group
Bears
Xiaomi
Samsung Electronics
Bosch
Samsung
Hisense
Arcelik
Meiling
Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Appliances market?
What factors are driving Home Appliances market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Appliances market opportunities vary by end market size?
How does Home Appliances break out type, seal channel?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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