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The household appliance market is forecasted to grow by USD 124.1 billion during 2024-2029, accelerating at a CAGR of 5% during the forecast period. The report on the household appliance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation and advancement leading to portfolio extension and product premiumization, increased adoption of integrated smart home technology, and rise in discretionary income of consumers.
The household appliance market is segmented as below:
By Product
- MHA
- Small household appliances
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the household appliance market covers the following areas:
- Household Appliance Market sizing
- Household Appliance Market forecast
- Household Appliance Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Distribution Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global household appliance market: Arcelik A.S., Breville Group Ltd., BSH Hausgerate GmbH, Dyson Group Co., Electrolux group, Glen Dimplex Group., Gorenje Group, Haier Smart Home Co. Ltd., Hamilton Beach Brands Holding Co., LG Corp., MIDEA Group Co. Ltd., Miele and Cie. KG, MIRC Electronics Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., SEB Developpement SA, TEKA INDUSTRIAL SA, Transform Holdco LLC, and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased adoption of multi- and advanced products."
According to the report, one of the major drivers for this market is the product innovation and advancement leading to portfolio extension and product premiumization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arcelik A.S.
- Breville Group Ltd.
- BSH Hausgerate GmbH
- Dyson Group Co.
- Electrolux group
- Glen Dimplex Group.
- Gorenje Group
- Haier Smart Home Co. Ltd.
- Hamilton Beach Brands Holding Co.
- LG Corp.
- MIDEA Group Co. Ltd.
- Miele and Cie. KG
- MIRC Electronics Ltd.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- SEB Developpement SA
- TEKA INDUSTRIAL SA
- Transform Holdco LLC
- Whirlpool Corp.