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Household Appliances Market: Market Size, Trends and Growth Analysis

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    Report

  • April 2024
  • Region: Global
  • Lucintel
  • ID: 5977438
Household appliances market is expected to reach an estimated value of $933.8 billion by 2030. The major drivers of the household appliances industry are increase in per capita income, consumer spending, housing activities, and increasing urbanization. The home comfort segment depicted the highest growth rate among all five segments in 2030.

New product development, increasing urbanization, and rising working class population are the driving forces of the household appliances industry. Implementation of technological changes in household appliances will possibly further drive this industry.

A total of 37 figures / charts and 7 tables are provided in this report to help in your business decisions.

The study includes the household appliances market size, and forecast for the household appliances market through 2030, segmented by region and by product type as follows:

Household Appliances Industry by Region:

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Household Appliances Industry by Product Type:

  • Cooking Appliances
  • Refrigeration
  • Laundry
  • Home Comfort
  • Others
On the basis of its comprehensive research, The publisherforecasts that majority of the segments for household appliances will experience moderate growth during 2024-2030. Of all the segments in the industry, the home comfort segment is likely to grow at the highest pace.

Strong economic growth in developing nations, such as China, India, and the Middle East countries, is anticipated to boost the industry. Continuous innovation of products is very important for companies to sustain their successful position in the market.

Some of the features of this report:

  • Analysis of competitive intensity of the market based on Porter’s Five Forces model which helps to understand the competitive position of industry players.
  • Market size in terms of value ($B) by segment, market size trend (2018-2023) and forecast (2024-2030) for key regional segments those are useful to make major investment decisions.
  • Regional Analysis provides Household Appliances Industry breakdown by region among North America, Europe, APAC and ROW.
  • Competitor analysis: growth leadership analysis, market drivers and challenges, growth opportunity analysis by segment market and by regional market that helps to ascertain a sound investment decision.
  • Market strategic assessment, emerging trend, innovations and new product launches, mergers and acquisitions by the market players are studied in the report.
  • More than 37 valuable figures/charts and 7 tables are provided in this report.


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Table of Contents

Chapter 1. Executive Summary

Chapter 2. Industry Definition and Scope

Chapter 3. Industry Overview

Chapter 4. Macroeconomic Trend

Chapter 5. Industry Trends

Chapter 6. Competitive Landscape

Chapter 7. Macroeconomic Forecast

Chapter 8. Industry Forecasts

Chapter 9. Emerging Trends

Chapter 10. Growth Opportunity

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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