Small Electrical Appliance Market Report 2025

This Small Electrical Appliance market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The small electrical appliance market size has grown rapidly in recent years. It will grow from $173.46 billion in 2024 to $192.03 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to electrification of households, urbanization and convenience, regulatory safety standards, growing trend of smart homes, rising disposable income.

The small electrical appliance market size is expected to see strong growth in the next few years. It will grow to $274.13 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to smart home integration, sustainability and energy efficiency, health and wellness trends, home office and remote work, aging population. Major trends in the forecast period include connectivity and iot, compact and portable designs, voice control, multi-functionality, sustainable materials.

The small electrical appliances market is experiencing growth in the forecast period, thanks to increased electrification, especially in rural areas. This expansion, combined with rising disposable incomes, has driven the demand for household-type fans. For instance, in 2022, the Organization for Economic Co-operation and Development reported that across the OECD, the average household net adjusted disposable income per capita is $30,490 annually. The increased disposable income has enhanced people's purchasing power, contributing to the growth of the small electrical appliances market.

The growth of the e-commerce industry is anticipated to drive the expansion of the small electrical appliances market in the future. E-commerce involves the exchange of goods and services or the transfer of money or data through electronic networks, primarily the Internet. It offers a broader platform for consumers to access, compare, and purchase small electrical appliances, thereby contributing to the market's growth. For instance, in November 2023, the International Trade Administration, a US-based Department of Commerce, reported that as of January 2021, consumer e-commerce accounted for 36.3% of the total retail market in the UK, with revenues expected to reach $285.6 billion by 2025. Moreover, e-commerce revenues in the UK are projected to grow at an average annual rate of 12.6% through 2025. Consequently, the expansion of the e-commerce industry is fueling the growth of the small electrical appliances market.

To address these concerns, manufacturers of small electrical appliances are increasingly developing energy-efficient products to reduce carbon footprints and enable energy savings for consumers. The rise in energy-efficient appliances is driven by stringent government regulations on electric home appliances and advancements in technology. Energy-efficient fans, for instance, are designed to minimize energy consumption. Currently, more than 80 countries have established standards and labels for energy-efficient appliances. In the USA, ENERGY STAR-certified ceiling fans, for example, offer cutting-edge design, utilize the latest technology, and are 60% more efficient than traditional ceiling fans.

Major companies in the small electrical appliances sector are focusing on introducing compact appliances, such as the Eon Magnus countertop dishwasher. This compact model, exemplified by Godrej Appliances Ltd.'s Eon Magnus Counter-Top Dishwasher launched in February 2022, caters to smaller families and can efficiently wash dishes for 2-3 member households. Designed for convenient countertop placement, it features an intensive 70°C wash cycle and includes an in-built heater and a self-cleaning program, simplifying maintenance.

In February 2022, Spectrum Brands Holdings, Inc., a US-based company specializing in consumer products and home essentials, acquired Tristar Products, Inc. for an undisclosed sum. This acquisition was incorporated into Spectrum's Home and Personal Care division, strengthening its portfolio in the small appliance market. The transaction combined complementary brands and enhanced Spectrum's capabilities in the rapidly expanding cooking appliances sector. Tristar Products, Inc. is a US-based producer of small electrical appliances.

A small electric appliance is a portable electrical device designed for specific household tasks, typically powered by standard electrical outlets. These appliances are created to enhance convenience and efficiency, enabling users to save time and effort by automating tasks that would otherwise require manual effort. Their main purpose is to streamline daily activities in the home.

The primary products in the small electrical appliance category consist of household-type fans, household-type vacuum cleaners, and various other household-type small electric devices. A fan serves as an electrical appliance primarily employed for cooling purposes. These household fans come in different forms, including ceiling fans, table fans, tower fans, wall-mounted fans, pedestal fans, exhaust fans, and misting fans. These small electrical appliances find applications in both residential and commercial settings, and they are made available to consumers through diverse distribution channels such as supermarkets, hypermarkets, specialty stores, e-commerce platforms, and other retail outlets.

The small electrical appliances manufacturing market research report is one of a series of new reports that provides small electrical appliances manufacturing market statistics, including small electrical appliances manufacturing industry global market size, regional shares, competitors with small electrical appliances manufacturing market share, detailed small electrical appliances manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the small electrical appliances manufacturing industry. This small electrical appliances manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the small electrical appliance market include Electrolux AB, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, Midea Group Co. Ltd., Miele & Cie. KG, Samsung Electronics, LG Electronics, BISSELL, Bosch, iRobot Corporation, Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Crompton Greaves, Orient fans, Usha, Havells India, BSH, Newell Brands Inc., Techtronic Industries Co Ltd., Conair Corporation, SharkNinja Operating LLC, Hamilton Beach Brands Holding Company, Black & Decker, Cuisinart, KitchenAid, Oster, Sunbeam Products, Braun, Rowenta, Tefal, Russell Hobbs, Morphy Richards, Groupe SEB, De'Longhi, Kenwood Limited, Hoover, Vax.

Asia-Pacific was the largest region in the small electrical appliances market in 2024. Western Europe was the second-largest region in the small electrical appliance market. The regions covered in the small electrical appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the small electrical appliance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The small electrical appliance manufacturing market consists of sales of bath fans, ceiling fans, desk fans, nu fac floor standing fans, exhaust fans, canister vacuum cleaners, upright vacuum cleaners, central vacuum cleaners, blenders, coffee machines, cutters, electric kettles, mixer grinders, sandwich makers, toasters, vacuum cleaners, and other small electrical appliances. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors turning, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.