Market Overview:
The global office small appliances market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and eco-friendly office small appliances. Additionally, the growing trend of home offices is also contributing to the growth of this market. The global office small appliances market can be segmented on the basis of type into humidifiers, small fans, and other types. The humidifier segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030 due to its ability to improve air quality and reduce respiratory problems.
Product Definition:
Office small appliances are typically defined as devices that have a nominal power consumption of less than 1,500 watts and are used to perform specific office tasks. These tasks can include anything from printing and faxing to copying and scanning. While not all offices will require every type of small appliance, having a variety of devices on hand can increase productivity by allowing employees to complete multiple tasks at once. Additionally, office small appliances often come in compact designs that take up minimal space on desks or counters, making them ideal for use in tight quarters.
Humidifier:
Humidifiers are devices that help maintain the humidity level in a room. They can be used for both residential and commercial applications. Humidity levels above 40% can cause discomfort, illness, and even promote mold growth which is hazardous to one's health. Humidifiers work by dispersing water vapor into the air; this helps maintain proper moisture levels in the environment which reduces dryness related problems such as asthma attacks and nosebleed etc.
Small Fan:
Small fans are used for cooling small appliances such as computers, printers, and others. Small appliances generate more heat than larger ones and therefore require less powerful cooling systems. A small fan is ideal for these devices as it provides just the right amount of air movement to keep them cool.
The global market size was valued at USD 2,37 billion in 2012.
Application Insights:
The other application segment includes residential and commercial areas. The demand for the product in the office area is expected to witness growth owing to its use in air purification, cooling and heating applications. Furthermore, increasing awareness among consumers regarding energy efficiency is likely to propel market growth over the forecast period.
The demand for small appliances has increased significantly due to their ability to reduce electricity bills by 30%. Moreover, they are considered as a sustainable alternative as they consume less energy and produce low sound pollution. These factors are anticipated to drive their demand over the forecast period.
Small fans have been witnessing significant adoption across various end-use industries on account of their utility value.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high demand for technologically advanced products and growing health awareness among consumers. Moreover, increasing number of hotels and resorts in countries such as U.S., Canada, and Mexico are driving the regional market further.
The key manufacturers present in North America are Honeywell International Inc.; Emerson Electric Co.
Growth Factors:
- Increasing demand for small appliances in the residential sector as a result of changing lifestyles and growing disposable incomes.
- Rapid urbanization and rising consumerism, especially in developing countries, is propelling the demand for small appliances.
- Proliferation of online retail channels is providing a boost to the sales of small appliances, as consumers are able to compare prices and features easily before making a purchase decision.
- The increasing penetration of smart home technologies is aiding the growth of the market for small appliances, as these devices are being increasingly used to control various functions in homes through voice commands or mobile apps.
Scope Of The Report
Report Attributes
Report Details
Report Title
Office Small Appliances Market Research Report
By Type
Humidifier, Small Fan, Other
By Application
Desk, Public Area, Other
By Companies
Koninklijke Philips, Midea, Bears, Xiao Mi, JS Global, Panasonic, Donlim, Whirlpool, LG Electronics, Spectrum Brands Holdings
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Office Small Appliances Market Report Segments:
The global Office Small Appliances market is segmented on the basis of:
Types
Humidifier, Small Fan, Other
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
Desk, Public Area, Other
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:
- Koninklijke Philips
- Midea
- Bears
- Xiao Mi
- JS Global
- Panasonic
- Donlim
- Whirlpool
- LG Electronics
- Spectrum Brands Holdings
Highlights of The Office Small Appliances 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:
- Humidifier
- Small Fan
- Other
- By Application:
- Desk
- Public Area
- Other
- 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 Office Small Appliances 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?
Office Small Appliances is a program that provides eligible small businesses with discounts on select office equipment and supplies.
Some of the key players operating in the office small appliances market are Koninklijke Philips, Midea, Bears, Xiao Mi, JS Global, Panasonic, Donlim, Whirlpool, LG Electronics, Spectrum Brands Holdings.
The office small appliances market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Office Small Appliances 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 Office Small Appliances Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Office Small Appliances 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 Office Small Appliances 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 Office Small Appliances Market Size & Forecast, 2020-2028
4.5.1 Office Small Appliances Market Size and Y-o-Y Growth
4.5.2 Office Small Appliances Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Humidifier
5.2.2 Small Fan
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Desk
6.2.2 Public Area
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Office Small Appliances 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 Office Small Appliances 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Humidifier
9.6.2 Small Fan
9.6.3 Other
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 Market Size Forecast by Applications
9.10.1 Desk
9.10.2 Public Area
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Humidifier
10.6.2 Small Fan
10.6.3 Other
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 Market Size Forecast by Applications
10.10.1 Desk
10.10.2 Public Area
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Humidifier
11.6.2 Small Fan
11.6.3 Other
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 Market Size Forecast by Applications
11.10.1 Desk
11.10.2 Public Area
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Humidifier
12.6.2 Small Fan
12.6.3 Other
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 Market Size Forecast by Applications
12.10.1 Desk
12.10.2 Public Area
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Humidifier
13.6.2 Small Fan
13.6.3 Other
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) Market Size Forecast by Applications
13.10.1 Desk
13.10.2 Public Area
13.10.3 Other
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 Office Small Appliances Market: Competitive Dashboard
14.2 Global Office Small Appliances Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Koninklijke Philips
14.3.2 Midea
14.3.3 Bears
14.3.4 Xiao Mi
14.3.5 JS Global
14.3.6 Panasonic
14.3.7 Donlim
14.3.8 Whirlpool
14.3.9 LG Electronics
14.3.10 Spectrum Brands Holdings
