The global home appliance market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth in this market is driven by factors such as increasing disposable income, rising demand for energy-efficient appliances, and growing awareness about the benefits of using home appliances.
The global home appliance market is segmented on the basis of type into kitchen appliances, refrigerators, washing machines, televisions and air conditioners. The kitchen appliance segment accounted for the largest share in 2018 and it is expected to continue its dominance throughout the forecast period due to its high penetration rate across all regions. The refrigerators segment accounted for a significant share in 2018 due to its high penetration rate across all regions.
Some Of The Growth Factors Of This Market:
- The global population is increasing and the number of households is also increasing.
- The demand for home appliances is growing due to the increase in disposable income and the rise in living standards.
- The growth of urbanization leads to a higher demand for home appliances, such as refrigerators, washing machines, dishwashers etc, which are more common in urban areas than rural areas.
- Technological advances have led to new products being introduced into the market with improved features and lower prices than previous models, which has increased their popularity among consumers.
- There are many different types of home appliances available on the market today that can cater to different needs and budgets.
Industry Growth Insights published a new data on “Home Appliance Market”. The research report is titled “Home Appliance Market research by Types (Kitchen Appliances, Refrigerators, Washing Machines, Television, Air Conditioners, Others), By Applications (Cooking, Food Storage, House Maintenance, Entertainment, Cleaning, Others), By Players/Companies Haier, Whirlpool, Midea, Panasonic, GE, SAMSUNG, SONY, LG, BSH, Hisence, Electrolux, Philips, Gree, TCL, Changhong, SKYWORTH, Meling”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Appliance Market Research Report
By Type
Kitchen Appliances, Refrigerators, Washing Machines, Television, Air Conditioners, Others
By Application
Cooking, Food Storage, House Maintenance, Entertainment, Cleaning, Others
By Companies
Haier, Whirlpool, Midea, Panasonic, GE, SAMSUNG, SONY, LG, BSH, Hisence, Electrolux, Philips, Gree, TCL, Changhong, SKYWORTH, Meling
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Home Appliance Market Report Segments:
The global Home Appliance market is segmented on the basis of:
Types
Kitchen Appliances, Refrigerators, Washing Machines, Television, Air Conditioners, 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
Cooking, Food Storage, House Maintenance, Entertainment, Cleaning, 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:
- Haier
- Whirlpool
- Midea
- Panasonic
- GE
- SAMSUNG
- SONY
- LG
- BSH
- Hisence
- Electrolux
- Philips
- Gree
- TCL
- Changhong
- SKYWORTH
- Meling
Highlights of The Home Appliance 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:
- Kitchen Appliances
- Refrigerators
- Washing Machines
- Television
- Air Conditioners
- Others
- By Application:
- Cooking
- Food Storage
- House Maintenance
- Entertainment
- Cleaning
- 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 Home Appliance 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?
A home appliance is any device used in a home for everyday tasks such as cooking, cleaning, and entertainment.
Some of the major players in the home appliance market are Haier, Whirlpool, Midea, Panasonic, GE, SAMSUNG, SONY, LG, BSH, Hisence, Electrolux, Philips, Gree, TCL, Changhong, SKYWORTH, Meling.
The home appliance market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Appliance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Appliance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Appliance Market - Supply Chain
4.5. Global Home Appliance Market Forecast
4.5.1. Home Appliance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Appliance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Appliance Market Absolute $ Opportunity
5. Global Home Appliance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Home Appliance Market Size and Volume Forecast by Type
5.3.1. Kitchen Appliances
5.3.2. Refrigerators
5.3.3. Washing Machines
5.3.4. Television
5.3.5. Air Conditioners
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Appliance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Home Appliance Market Size and Volume Forecast by Application
6.3.1. Cooking
6.3.2. Food Storage
6.3.3. House Maintenance
6.3.4. Entertainment
6.3.5. Cleaning
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Appliance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Home Appliance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Home Appliance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Home Appliance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Home Appliance Demand Share Forecast, 2019-2026
9. North America Home Appliance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Home Appliance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Home Appliance Market Size and Volume Forecast by Application
9.4.1. Cooking
9.4.2. Food Storage
9.4.3. House Maintenance
9.4.4. Entertainment
9.4.5. Cleaning
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Appliance Market Size and Volume Forecast by Type
9.7.1. Kitchen Appliances
9.7.2. Refrigerators
9.7.3. Washing Machines
9.7.4. Television
9.7.5. Air Conditioners
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Home Appliance Demand Share Forecast, 2019-2026
10. Latin America Home Appliance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Home Appliance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Home Appliance Market Size and Volume Forecast by Application
10.4.1. Cooking
10.4.2. Food Storage
10.4.3. House Maintenance
10.4.4. Entertainment
10.4.5. Cleaning
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Appliance Market Size and Volume Forecast by Type
10.7.1. Kitchen Appliances
10.7.2. Refrigerators
10.7.3. Washing Machines
10.7.4. Television
10.7.5. Air Conditioners
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Home Appliance Demand Share Forecast, 2019-2026
11. Europe Home Appliance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Home Appliance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Home Appliance Market Size and Volume Forecast by Application
11.4.1. Cooking
11.4.2. Food Storage
11.4.3. House Maintenance
11.4.4. Entertainment
11.4.5. Cleaning
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Appliance Market Size and Volume Forecast by Type
11.7.1. Kitchen Appliances
11.7.2. Refrigerators
11.7.3. Washing Machines
11.7.4. Television
11.7.5. Air Conditioners
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Home Appliance Demand Share, 2019-2026
12. Asia Pacific Home Appliance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Home Appliance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Home Appliance Market Size and Volume Forecast by Application
12.4.1. Cooking
12.4.2. Food Storage
12.4.3. House Maintenance
12.4.4. Entertainment
12.4.5. Cleaning
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Appliance Market Size and Volume Forecast by Type
12.7.1. Kitchen Appliances
12.7.2. Refrigerators
12.7.3. Washing Machines
12.7.4. Television
12.7.5. Air Conditioners
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Home Appliance Demand Share, 2019-2026
13. Middle East & Africa Home Appliance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Home Appliance Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Home Appliance Market Size and Volume Forecast by Application
13.4.1. Cooking
13.4.2. Food Storage
13.4.3. House Maintenance
13.4.4. Entertainment
13.4.5. Cleaning
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Appliance Market Size and Volume Forecast by Type
13.7.1. Kitchen Appliances
13.7.2. Refrigerators
13.7.3. Washing Machines
13.7.4. Television
13.7.5. Air Conditioners
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Home Appliance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Appliance Market: Market Share Analysis
14.2. Home Appliance Distributors and Customers
14.3. Home Appliance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haier
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Whirlpool
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Midea
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SAMSUNG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SONY
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BSH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hisence
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Electrolux
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Philips
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gree
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TCL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Changhong
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SKYWORTH
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Meling
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
