The Asia Pacific Small Domestic Appliances Market is expected to witness market growth of 12.3% CAGR during the forecast period (2021-2027).
The growth of the market is expected to witness bright prospects due to the rising preferences of consumers for innovative designs, increasing demand for small domestic appliances, and sustainable appliances that comply with the norms of the governments and demand for locally made products. Thus, global players are willing to form partnerships with regional makers that is expected to further create lucrative growth opportunities in the market.
Home appliances such as bread machines, water heaters, rice market, cleaner, coffee market, and oven are now integrated with internet compatibility, which can be regulated by smartphones. Additionally, smart functionality and features are getting highly popular among the customers and they can enhance their living standards.
In the regional market, consumers prefer to buy many home appliances as they provide ease, reduce efforts, and save time. In addition, the demand for small domestic appliances in the regional market is expected to further be driven by the constant product enhancement, developments of new products, product differentiation, and integration of various value-added features.
The Residential market dominated the Asia Pacific Small Domestic Appliances Market by End User in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $92,379.6 million by 2027. The Commercial market is anticipated to grow highest CAGR of 13.8% during (2021 - 2027).
Based on Product Type, the market is segmented into Cooking/Baking and Heating Appliances, Kitchen Appliances, Personal and Animal Care, Textile Handling Appliances, Cleaning Appliances, Air-Treatment Appliances, and others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Brand Outlets, Retail Stores, E-Commerce, and Others. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation) (Candy Hoover Group Srl), Dyson Limited, The Glen Dimplex Group (Morphy Richards), Groupe SEB, Kenwood Limited (De’ Longhi Group), Robert Bosch GmbH, Spectrum Brands Holdings, Inc. (Russell Hobbs), Stanley Black & Decker, Inc., Electrolux AB, and Whirlpool Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Cooking/Baking and Heating Appliances
- Kitchen Appliances
- Personal and Animal Care
- Textile Handling Appliances
- Cleaning Appliances
- Air-Treatment Appliances
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Brand Outlets
- Retail Stores
- E-Commerce
- Others
By End User
- Residential
- Commercial
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Haier Smart Home Co., Ltd. (Haier Group Corporation) (Candy Hoover Group Srl)
- Dyson Limited
- The Glen Dimplex Group (Morphy Richards)
- Groupe SEB
- Kenwood Limited (De’ Longhi Group)
- Robert Bosch GmbH
- Spectrum Brands Holdings, Inc. (Russell Hobbs)
- Stanley Black & Decker, Inc.
- Electrolux AB
- Whirlpool Corporation
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- Haier Smart Home Co., Ltd. (Haier Group Corporation) (Candy Hoover Group Srl)
- Dyson Limited
- The Glen Dimplex Group (Morphy Richards)
- Groupe SEB
- Kenwood Limited (De’ Longhi Group)
- Robert Bosch GmbH
- Spectrum Brands Holdings, Inc. (Russell Hobbs)
- Stanley Black & Decker, Inc.
- Electrolux AB
- Whirlpool Corporation
Methodology
LOADING...