Market Overview:
The global household appliances manufacturing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for small electrical appliances, household cooking appliances, and household refrigerators and home freezers from hypermarkets/supermarkets and online retail channels. Additionally, the growing demand for laundry equipment in developing countries is also propelling the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market over the forecast period. The global household appliances manufacturing market can be segmented on the basis of type into small electrical appliance manufacturing, household cooking appliance manufacturing, Household refrigerator and home freezer Manufacturing, Household laundry equipment Manufacturing,, Others). The small electrical appliance segment is projected to grow at a CAGR of 6% during 2018-2030 owing to rising disposable income levels and changing consumer preferences towards technologically advanced products such as air conditioners, microwaves ovens etc. On account of surging urbanization rates across emerging economies such as India and China along with rising disposable incomes; there has been an increase in demand for high-end kitchen appliances such as dishwashers & washing machines which fall under category of ‘household cooking Appliances’ . This segment is anticipated witness highest CAGR over next 10 years .
Product Definition:
Household Appliances Manufacturing is the process of making household appliances. These appliances can include anything from toasters to dishwashers, and they are typically used in homes or small businesses. The importance of this type of manufacturing lies in the fact that it provides necessary products for everyday use. Without these appliances, many tasks would either take much longer or be impossible to complete.
Small Electrical Appliance Manufacturing:
Small electrical appliance manufacturing is the process of producing consumer small-sized electrical equipment such as hair dryers, toasters, electric shavers and other home appliances. The global SME (Small Electrical Appliance) market was valued at USD 534 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Household Cooking Appliance Manufacturing:
Household cooking appliance manufacturing is the process of making household cooking appliances, such as cookware and bakeware. These products are made for daily use by a family.
Application Insights:
The hypermarkets/supermarkets application segment led the global market in 2017. This is attributed to increasing penetration of supermarkets and hypermarkets, which offer a wide range of products under one roof. Furthermore, rising demand for household appliances from urban consumers who have a busy schedule is expected to drive the growth over the forecast period. The online retail application segment is projected to witness significant growth over the coming years owing to growing internet usage and shopping trends among millennials and Generation Zs. Moreover, technological advancements such as e-commerce are further driving this growth by providing convenience while purchasing goods online at cheaper rates than physical stores do.
The others application category includes departmental stores, convenience stores and value-based retailers (VBR).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, changing lifestyles, and growing population in emerging economies including China and India. Furthermore, rising awareness regarding energy-efficient products will drive the market growth over the forecast period.
North America was valued at USD X billion in 2017 as it is one of the prominent markets for household appliances manufacturing globally. The region has been witnessing strong demand for smart connected homes along with rapid adoption of new technologies such as IoT and AI that are enabling consumers to undertake various tasks such as make breakfast orders online or control their home heating systems using an app on their smartphones.
Growth Factors:
- Rising disposable income of consumers: The growth in the disposable income of consumers is one of the key drivers for the growth of the household appliances manufacturing market. This is because with an increase in disposable income, consumers are able to afford more expensive and advanced appliances.
- Increasing urbanization: The increasing urbanization is another key driver for the growth of this market as it leads to an increase in demand for household appliances such as refrigerators, air conditioners, and washing machines.
- Technological advancements: The technological advancements are also a major driver for this market as they result in new and innovative products being launched in this market on a regular basis. This helps to keep the interest levels high among consumers and results in them upgrading their old appliances with new ones quite often.
- Growing awareness about energy efficiency: There has been a growing awareness among consumers about energy efficiency lately and manufacturers have started catering to this demand by launching energy-efficient models of household appliances which are affordable as well.. This trend is likely to continue over the coming years, resulting in even more sales growth for manufacturers operating within this space.. 5) Rising environmental concerns: Another factor that is driving demand for energy-efficient home appliances nowadays is rising environmental concerns among people all over thw world .This has led many customers towards opting fo greener alternatives such as solar powered or hybrid home appliance models whenever possible
Scope Of The Report
Report Attributes
Report Details
Report Title
Household Appliances Manufacturing Market Research Report
By Type
Small Electrical Appliance Manufacturing, Household Cooking Appliance Manufacturing, Household Refrigerator And Home Freezer Manufacturing, Household Laundry Equipment Manufacturing, Others
By Application
Hypermarkets/Supermarkets, Online Retail, Others
By Companies
Samsung Electronics, Panasonic, Whirlpool, Bosch, LG Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Household Appliances Manufacturing Market Report Segments:
The global Household Appliances Manufacturing market is segmented on the basis of:
Types
Small Electrical Appliance Manufacturing, Household Cooking Appliance Manufacturing, Household Refrigerator And Home Freezer Manufacturing, Household Laundry Equipment Manufacturing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets/Supermarkets, Online Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- Panasonic
- Whirlpool
- Bosch
- LG Electronics
Highlights of The Household Appliances Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Electrical Appliance Manufacturing
- Household Cooking Appliance Manufacturing
- Household Refrigerator And Home Freezer Manufacturing
- Household Laundry Equipment Manufacturing
- Others
- By Application:
- Hypermarkets/Supermarkets
- Online Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Household Appliances Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Household appliances manufacturing is the process of making consumer electronics, home appliances, and other small mechanical devices.
Some of the key players operating in the household appliances manufacturing market are Samsung Electronics, Panasonic, Whirlpool, Bosch, LG Electronics.
The household appliances manufacturing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Household Appliances Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Household Appliances Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Household Appliances Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Household Appliances Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Household Appliances Manufacturing Market Size & Forecast, 2018-2028
4.5.1 Household Appliances Manufacturing Market Size and Y-o-Y Growth
4.5.2 Household Appliances Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Household Appliances Manufacturing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Household Appliances Manufacturing Market Size Forecast by Type
5.2.1 Small Electrical Appliance Manufacturing
5.2.2 Household Cooking Appliance Manufacturing
5.2.3 Household Refrigerator And Home Freezer Manufacturing
5.2.4 Household Laundry Equipment Manufacturing
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Household Appliances Manufacturing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Household Appliances Manufacturing Market Size Forecast by Applications
6.2.1 Hypermarkets/Supermarkets
6.2.2 Online Retail
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Household Appliances Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Household Appliances Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Household Appliances Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Household Appliances Manufacturing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Household Appliances Manufacturing Market Size Forecast by Type
9.6.1 Small Electrical Appliance Manufacturing
9.6.2 Household Cooking Appliance Manufacturing
9.6.3 Household Refrigerator And Home Freezer Manufacturing
9.6.4 Household Laundry Equipment Manufacturing
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Household Appliances Manufacturing Market Size Forecast by Applications
9.10.1 Hypermarkets/Supermarkets
9.10.2 Online Retail
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Household Appliances Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Household Appliances Manufacturing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Household Appliances Manufacturing Market Size Forecast by Type
10.6.1 Small Electrical Appliance Manufacturing
10.6.2 Household Cooking Appliance Manufacturing
10.6.3 Household Refrigerator And Home Freezer Manufacturing
10.6.4 Household Laundry Equipment Manufacturing
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Household Appliances Manufacturing Market Size Forecast by Applications
10.10.1 Hypermarkets/Supermarkets
10.10.2 Online Retail
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Household Appliances Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Household Appliances Manufacturing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Household Appliances Manufacturing Market Size Forecast by Type
11.6.1 Small Electrical Appliance Manufacturing
11.6.2 Household Cooking Appliance Manufacturing
11.6.3 Household Refrigerator And Home Freezer Manufacturing
11.6.4 Household Laundry Equipment Manufacturing
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Household Appliances Manufacturing Market Size Forecast by Applications
11.10.1 Hypermarkets/Supermarkets
11.10.2 Online Retail
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Household Appliances Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Household Appliances Manufacturing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Household Appliances Manufacturing Market Size Forecast by Type
12.6.1 Small Electrical Appliance Manufacturing
12.6.2 Household Cooking Appliance Manufacturing
12.6.3 Household Refrigerator And Home Freezer Manufacturing
12.6.4 Household Laundry Equipment Manufacturing
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Household Appliances Manufacturing Market Size Forecast by Applications
12.10.1 Hypermarkets/Supermarkets
12.10.2 Online Retail
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Household Appliances Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Household Appliances Manufacturing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Household Appliances Manufacturing Market Size Forecast by Type
13.6.1 Small Electrical Appliance Manufacturing
13.6.2 Household Cooking Appliance Manufacturing
13.6.3 Household Refrigerator And Home Freezer Manufacturing
13.6.4 Household Laundry Equipment Manufacturing
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Household Appliances Manufacturing Market Size Forecast by Applications
13.10.1 Hypermarkets/Supermarkets
13.10.2 Online Retail
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Household Appliances Manufacturing Market: Competitive Dashboard
14.2 Global Household Appliances Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 Panasonic
14.3.3 Whirlpool
14.3.4 Bosch
14.3.5 LG Electronics
