Global White Goods Market Growth 2023-2029
White Goods is electrical/mechanical machine which accomplish some household functions, such as cooking or cleaning. White Goods can be classified into: major appliances, small appliances, and consumer electronics.
Major White Goods spans a variety of devices comprising refrigeration appliances, home laundry appliances, dishwashing appliances, air-conditioning appliances, large and small cooking appliances.
LPI (LP Information)' newest research report, the “White Goods Industry Forecast” looks at past sales and reviews total world White Goods sales in 2022, providing a comprehensive analysis by region and market sector of projected White Goods sales for 2023 through 2029. With White Goods sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world White Goods industry.
This Insight Report provides a comprehensive analysis of the global White Goods 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 White Goods portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global White Goods market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for White Goods and breaks down the forecast by type, by application, 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 White Goods.
The global White Goods market size is projected to grow from US$ 204970 million in 2022 to US$ 259430 million in 2029; it is expected to grow at a CAGR of 259430 from 2023 to 2029.
Global white goods key players include Midea, Haier Group, Whirlpool Corporation, Electrolux, Bosch, etc. Global top five manufacturers hold a share about 40%.
Asia-Pacific is the largest market, with a share over 40%, followed by North America and Europe, both have a share about 50 percent.
In terms of product, air conditioner is the largest segment, with a share over 25%. And in terms of application, the largest application is Offline Sales, followed by Online Sales.
This report presents a comprehensive overview, market shares, and growth opportunities of White Goods market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cooling-Refrigerator
Cooling-Freezer
Washing Machine-Front Load
Washing Machine-Top Load
Cooking-Freestanding Cooker
Cooking-Built-in Cooker
Cooking-Hobs
Tumble Dryers
Dishwashers
Other(Microwave ovens、Air Conditioner)
Segmentation by application
Offline Sales
Online 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.
Whirlpool Corporation
LG Electronics
Haier Group
Samsung Group
Electrolux
Panasonic Corporation
Midea
Sears
Bosch
Hisense
Arcelik
Meiling
Key Questions Addressed in this Report
What is the 10-year outlook for the global White Goods market?
What factors are driving White Goods market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do White Goods market opportunities vary by end market size?
How does White Goods break out type, application?
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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