Global Built-in Home Appliances Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Built-in Home Appliances Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Built-in Home Appliances are permanently installed in the kitchen or other spaces to provide a seamlessly integrated appearance for modern decoration. Built-in appliances save space while providing basic functions.

Market Overview:

The latest research study on the global Built-in Home Appliances market finds that the global Built-in Home Appliances market reached a value of USD 40837.52 million in 2022. It’s expected that the market will achieve USD 64635.65 million by 2028, exhibiting a CAGR of 7.95% during the forecast period.

Market Opportunities and Drivers

Small houses are the most affordable housing system and the first choice for millennials. The high cost of traditional housing is affecting consumers' popularization of micro-houses. In addition, the rising cost of living, coupled with stimulating housing loan interest, has prompted consumers to choose affordable housing. As the global population continues to grow, the demand for small-sized housing is also increasing. According to one analysis, the tiny home market is projected to grow by 3.33 billion dollars globally over the next four years, with more than half of that growth in North America. Demand is also increasing. Built-in Home Appliances can allow residents to install necessary appliances while maintaining the clean appearance of the room when space is limited. This will promote the development of the Built-in Home Appliances market.
As people's reliance on mobile ports becomes higher and higher, online sales models have become a new marketing tool. Companies can gain insights into consumers' new shopping habits through online models, continue to take measures to meet new consumer experience demands, and look for new market opportunities, break traditional marketing channels, and carry out more diversified innovative marketing. The combined online and offline sales model may become a new development opportunity for enterprises. They can tap customers and expand the market through innovative sales models.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

BSH Bosch & Siemens is one of the major players operating in the Built-in Home Appliances market, holding a share of 16.53% in 2021.

BSH Bosch und Siemens Hausgeräte GmbH, a joint venture between German industrial giants Robert Bosch GmbH and Siemens AG, is the largest maker of household appliances in both Germany and Western Europe.

The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States.

Segmentation Overview:

Among different product types, Built-in Dishwasher segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Built-in Home Appliances market covered in Chapter 3:

Elica
Gorenje
Samsung
BSH Bosch & Siemens
Arcelik AS
Haier
Electrolux
Vatti
Panasonic
LG
Whirlpool
GD Midea Holding
Vanward
ROBAM
Macro

In Chapter 4 and Chapter 14.2, on the basis of types, the Built-in Home Appliances market from 2018 to 2029 is primarily split into:

Built-in Dishwasher
Built-in Refrigerators
Built-in Oven
Built-in Cooktops/Hobs
Built-in Range Hoods
Built-in Microwave
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Built-in Home Appliances market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)