Market Overview:
The global large home appliances market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for energy-efficient appliances, rising disposable income, and growing urbanization. Amongst type, cooking appliances segment is expected to witness highest growth rate during the forecast period owing to increase in demand for smart kitchen appliances. Asia Pacific region is anticipated to dominate the global large home appliance market with highest share by 2030 owing to high population density and rapid economic development in countries such as China and India.
Product Definition:
Large home appliances are typically defined as those that exceed 18 cubic feet in size. They include refrigerators, freezers, dishwashers, and clothes washers and dryers.
The use of large home appliances can be important for a number of reasons. For example, a refrigerator is necessary to keep food cold and fresh; while a clothes washer and dryer are important for keeping clothes clean and fresh. Additionally, large home appliances can help to save time and energy by performing certain tasks more efficiently than small home appliances.
Cooking Appliances:
Cooking appliances are large home appliances that are used for cooking or heating food. They include cooktops, ovens, and other related equipment. The global market is expected to grow at a significant rate owing to the increasing demand for energy-efficient products with improved design and features.
Air Conditioner:
An air conditioner is a device that helps in cooling the surrounding area by creating a cold wind. The mechanism works on the principle of evaporation and Condensation. An air conditioner consists of an evaporator, compressor, condenser and control board which are connected through ducts to reach every room in the house. It can be used for both heating as well as cooling purpose depending upon its location either inside or outside the home.
Application Insights:
The integrated chain store segment dominated the global large home appliances market in 2017. This is attributed to increasing penetration of HDB, which has been promoting the use of energy-efficient products. Furthermore, rising demand for smart homes and growing preference for in-store services are expected to boost growth over the forecast period.
The mall application segment is anticipated to witness significant growth over the forecast period owing to increasing consumer spending on luxury goods and services at shopping malls around the world. Increasing number of specialty stores selling major appliances has also supported segment growth across various regions worldwide.
Regional Analysis:
Asia Pacific dominated the global large home appliances market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing penetration of integrated kitchen appliances and rising awareness about energy-efficient products. China, India, Japan, South Korea, and Taiwan are some of the prominent markets that are anticipated to drive regional growth over the next eight years.
North America is projected to be one of the fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 due for majorly attributed by changing lifestyle along with growing income level among consumers in U.S., Canada & Mexico which will result into increased spending on large home appliances including washing machines & dishwashers as well as air conditioners & refrigerators at an exponential rate during this period.
Growth Factors:
- Increasing disposable income of consumers: The large home appliances market is expected to grow as the disposable income of consumers increases. This is because as the disposable income of people rises, they are able to afford more expensive products such as large home appliances.
- Urbanization and modernization: There is a growing trend towards urbanization and modernization, which is benefiting the large home appliances market. This is because with increasing urbanization and modernization, there is an increase in demand for high-end products such as large home appliances.
- Technological advancements: There has been a significant amount of technological advancement in the field of large home appliances in recent years, which has led to increased efficiency and performance levels among these products. This has resulted in an increase in demand for large home appliances from consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Large Home Appliances Market Research Report
By Type
Cooking Appliances, Air Conditioner, Laundry, Water Heater, Others
By Application
Integrated Chain Store, Mall, Store, Online Store, Others
By Companies
Bosch, Electrolux, General Electric, Gree Electric, Haier, Hitachi, LG Electronics, Panasonic, Samsung Electronics, Sharp Corporation, Siemens, Tiger, Toshiba Corporation, V-Guard, Whirlpool, Midea, Mitsubishi Electric, BSH Hausgerate, Hisense, Joyoung, Meiling
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Large Home Appliances Market Report Segments:
The global Large Home Appliances market is segmented on the basis of:
Types
Cooking Appliances, Air Conditioner, Laundry, Water Heater, 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
Integrated Chain Store, Mall, Store, Online Store, 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:
- Bosch
- Electrolux
- General Electric
- Gree Electric
- Haier
- Hitachi
- LG Electronics
- Panasonic
- Samsung Electronics
- Sharp Corporation
- Siemens
- Tiger
- Toshiba Corporation
- V-Guard
- Whirlpool
- Midea
- Mitsubishi Electric
- BSH Hausgerate
- Hisense
- Joyoung
- Meiling
Highlights of The Large Home 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:
- Cooking Appliances
- Air Conditioner
- Laundry
- Water Heater
- Others
- By Application:
- Integrated Chain Store
- Mall
- Store
- Online Store
- 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 Large Home 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?
Large home appliances are those that are larger than a standard kitchen appliance. These appliances can include refrigerators, washers and dryers, ovens, and dishwashers.
Some of the major players in the large home appliances market are Bosch, Electrolux, General Electric, Gree Electric, Haier, Hitachi, LG Electronics, Panasonic, Samsung Electronics, Sharp Corporation, Siemens, Tiger, Toshiba Corporation, V-Guard, Whirlpool, Midea, Mitsubishi Electric, BSH Hausgerate, Hisense, Joyoung, Meiling.
The large home appliances market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Large Home Appliances 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. Large Home Appliances Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Large Home Appliances Market - Supply Chain
4.5. Global Large Home Appliances Market Forecast
4.5.1. Large Home Appliances Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Large Home Appliances Market Size (000 Units) and Y-o-Y Growth
4.5.3. Large Home Appliances Market Absolute $ Opportunity
5. Global Large Home Appliances 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. Large Home Appliances Market Size and Volume Forecast by Type
5.3.1. Cooking Appliances
5.3.2. Air Conditioner
5.3.3. Laundry
5.3.4. Water Heater
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Large Home Appliances 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. Large Home Appliances Market Size and Volume Forecast by Application
6.3.1. Integrated Chain Store
6.3.2. Mall
6.3.3. Store
6.3.4. Online Store
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Large Home Appliances 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. Large Home Appliances 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 Large Home Appliances 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. Large Home Appliances 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 Large Home Appliances Demand Share Forecast, 2019-2026
9. North America Large Home Appliances 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 Large Home Appliances 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 Large Home Appliances Market Size and Volume Forecast by Application
9.4.1. Integrated Chain Store
9.4.2. Mall
9.4.3. Store
9.4.4. Online Store
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Large Home Appliances Market Size and Volume Forecast by Type
9.7.1. Cooking Appliances
9.7.2. Air Conditioner
9.7.3. Laundry
9.7.4. Water Heater
9.7.5. 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 Large Home Appliances Demand Share Forecast, 2019-2026
10. Latin America Large Home Appliances 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 Large Home Appliances 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 Large Home Appliances Market Size and Volume Forecast by Application
10.4.1. Integrated Chain Store
10.4.2. Mall
10.4.3. Store
10.4.4. Online Store
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Large Home Appliances Market Size and Volume Forecast by Type
10.7.1. Cooking Appliances
10.7.2. Air Conditioner
10.7.3. Laundry
10.7.4. Water Heater
10.7.5. 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 Large Home Appliances Demand Share Forecast, 2019-2026
11. Europe Large Home Appliances 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 Large Home Appliances 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 Large Home Appliances Market Size and Volume Forecast by Application
11.4.1. Integrated Chain Store
11.4.2. Mall
11.4.3. Store
11.4.4. Online Store
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Large Home Appliances Market Size and Volume Forecast by Type
11.7.1. Cooking Appliances
11.7.2. Air Conditioner
11.7.3. Laundry
11.7.4. Water Heater
11.7.5. 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 Large Home Appliances Demand Share, 2019-2026
12. Asia Pacific Large Home Appliances 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 Large Home Appliances 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 Large Home Appliances Market Size and Volume Forecast by Application
12.4.1. Integrated Chain Store
12.4.2. Mall
12.4.3. Store
12.4.4. Online Store
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Large Home Appliances Market Size and Volume Forecast by Type
12.7.1. Cooking Appliances
12.7.2. Air Conditioner
12.7.3. Laundry
12.7.4. Water Heater
12.7.5. 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 Large Home Appliances Demand Share, 2019-2026
13. Middle East & Africa Large Home Appliances 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 Large Home Appliances 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 Large Home Appliances Market Size and Volume Forecast by Application
13.4.1. Integrated Chain Store
13.4.2. Mall
13.4.3. Store
13.4.4. Online Store
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Large Home Appliances Market Size and Volume Forecast by Type
13.7.1. Cooking Appliances
13.7.2. Air Conditioner
13.7.3. Laundry
13.7.4. Water Heater
13.7.5. 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 Large Home Appliances Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Large Home Appliances Market: Market Share Analysis
14.2. Large Home Appliances Distributors and Customers
14.3. Large Home Appliances Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Electrolux
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. General Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gree Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haier
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LG Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Samsung Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sharp Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Siemens
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tiger
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Toshiba Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. V-Guard
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Whirlpool
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Midea
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mitsubishi Electric
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BSH Hausgerate
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hisense
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Joyoung
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook