Leading Appliances Type Markets Databank
The Appliances market was valued at $932,100.0 Million in 2020, and is projected to reach $1,382,381.6 Million by 2029 growing at a CAGR of 4.52% from 2021 to 2029. Personal Care segment is expected to be the highest contributor to this market, with $308,107.4 Million in 2020, and is anticipated to reach $460,502.1 Million by 2029, registering a CAGR of 4.61%. Personal Care and Home segments collectively expected to account for about 63.4% share of the Appliances market in 2020, with the former constituting around 33.1% share. Personal Care and Smartphones segments are expected to witness significant growth rates at a CAGR of 4.61% and 4.56% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.0% in the overall Appliances market in 2020, and is anticipated to reach 54.3% by 2029.
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