Market Overview:
The global small appliance 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 small appliances from both, home and office users. Additionally, the rising disposable income of consumers is also propelling the demand for small appliances in developing countries such as China and India. On the basis of type, vacuum cleaners accounted for a major share of the global small appliance market in 2017. This segment is projected to grow at a CAGR of 6% during 2018-2030 owing to its growing popularity among consumers across different regions.
Product Definition:
Small appliances are typically devices that plug into an outlet and have a specific function, such as a toaster or a blender. They are often used in the home, but can also be found in offices and other commercial settings. Small appliances vary in price, with some costing just a few dollars while others can run into the hundreds of dollars. The importance of small appliances lies in their ability to make tasks easier and/or faster for people. For example, blenders can be used to quickly create smoothies or shakes, while toasters can toast bread much more quickly than if it were done on the stovetop.
Vacuum Cleaners:
Vacuum cleaners are small household appliances used for cleaning various domestic areas such as floors, carpets, and furniture. Vacuum cleaners can be manual or motor driven. They are available in different types and sizes depending upon the area to be cleaned and the number of people using it.
Small Kitchen Appliances:
Small kitchen appliances are the products used in a kitchen for cooking and other purposes. Small appliance includes small electric equipment such as toasters, coffee makers, tea makers, blenders and food processors. Small kitchen appliances have gained popularity because of their compact size which saves lot of space in a kitchen. Also they are available in varied designs and hence can complement the interior as per consumer’s preference.
Application Insights:
The home application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to increasing disposable income, especially in emerging economies such as China and India. Furthermore, rising penetration of smart products has been contributing significantly to the growth of small appliances at home since they are easier to operate through smartphone applications than traditional remote control systems.
The office or business application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to growing demand for small appliances that can help enhance workplace productivity and hygiene standards without spending too much on equipment replacement costs or maintenance fees over the long term investment horizon period (5 years).
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The growth can be attributed to increasing purchasing power, rising number of small and medium enterprises in developing countries, such as China and India, growing urbanization in these countries along with changing lifestyle of consumers. Increasing disposable income coupled with rapid development of transportation infrastructure will drive the market further.
North America was valued at USD X billion in 2017 owing to high demand for technologically advanced products along with a large consumer base for vacuum cleaners and small kitchen appliances. Europe is also anticipated to witness significant growth over the coming years due to increasing product penetration by major manufacturers including Miele Group; Electrolux; Siemens AG & Co.; LG Electronics Inc.; Bosch Ltd.; Panasonic Corporation; Sanyo Electric Co., Ltd., etcetera in this region along with growing awareness about energy-efficient products among consumers will drive this regional market further.
Growth Factors:
- Increasing urbanization and disposable income: The global small appliance market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing urbanization and disposable income, especially in developing countries such as China, India, and Brazil.
- Rising demand for energy-efficient appliances: There is an increasing demand for energy-efficient appliances across the globe due to the rising concerns about climate change and energy security issues. Energy-efficient small appliances consume less power than traditional ones, which helps reduce greenhouse gas emissions and save money on electricity bills over time.
- Proliferation of online retailing: Online retailing is growing rapidly across the world, with more people preferring to shop online for convenience and better prices. This is benefiting the small appliance market as well, with consumers increasingly buying small appliances such as microwaves, juicers, food processors, etc., online instead of from physical stores.
Scope Of The Report
Report Attributes
Report Details
Report Title
Small Appliance Market Research Report
By Type
Vacuum Cleaners, Small Kitchen Appliances, Personal Care Appliances, Irons, Heating Appliances, Food Preparation Appliances, Small Applianc
By Application
Home, Office or Business
By Companies
Zojirushi Corporation, Tiger Corporation, Russell Hobbs, Proctor Silex, Philips, Meyer Corporation, Krups, Kitchen Aid, Hamilton Beach Brands, Braun Company, Blendtec, Brother Industries, BPL Group, Haier, Small Applianc
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Small Appliance Market Report Segments:
The global Small Appliance market is segmented on the basis of:
Types
Vacuum Cleaners, Small Kitchen Appliances, Personal Care Appliances, Irons, Heating Appliances, Food Preparation Appliances, Small Applianc
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
Home, Office or Business
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:
- Zojirushi Corporation
- Tiger Corporation
- Russell Hobbs
- Proctor Silex
- Philips
- Meyer Corporation
- Krups
- Kitchen Aid
- Hamilton Beach Brands
- Braun Company
- Blendtec
- Brother Industries
- BPL Group
- Haier
- Small Applianc
Highlights of The Small 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:
- Vacuum Cleaners
- Small Kitchen Appliances
- Personal Care Appliances
- Irons
- Heating Appliances
- Food Preparation Appliances
- Small Applianc
- By Application:
- Home
- Office or Business
- 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 Small 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?
Small appliances are typically smaller versions of larger appliances. They may be designed for specific tasks or use a limited number of features.
Some of the major companies in the small appliance market are Zojirushi Corporation, Tiger Corporation, Russell Hobbs, Proctor Silex, Philips, Meyer Corporation, Krups, Kitchen Aid, Hamilton Beach Brands, Braun Company, Blendtec, Brother Industries, BPL Group, Haier, Small Applianc.
The small appliance market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Small 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. Small Appliance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Small Appliance Market - Supply Chain
4.5. Global Small Appliance Market Forecast
4.5.1. Small Appliance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Small Appliance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Small Appliance Market Absolute $ Opportunity
5. Global Small 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. Small Appliance Market Size and Volume Forecast by Type
5.3.1. Vacuum Cleaners
5.3.2. Small Kitchen Appliances
5.3.3. Personal Care Appliances
5.3.4. Irons
5.3.5. Heating Appliances
5.3.6. Food Preparation Appliances
5.3.7. Small Applianc
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Small 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. Small Appliance Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Office or Business
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Small 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. Small 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 Small 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. Small 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 Small Appliance Demand Share Forecast, 2019-2026
9. North America Small 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 Small 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 Small Appliance Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Office or Business
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Small Appliance Market Size and Volume Forecast by Type
9.7.1. Vacuum Cleaners
9.7.2. Small Kitchen Appliances
9.7.3. Personal Care Appliances
9.7.4. Irons
9.7.5. Heating Appliances
9.7.6. Food Preparation Appliances
9.7.7. Small Applianc
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 Small Appliance Demand Share Forecast, 2019-2026
10. Latin America Small 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 Small 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 Small Appliance Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Office or Business
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Small Appliance Market Size and Volume Forecast by Type
10.7.1. Vacuum Cleaners
10.7.2. Small Kitchen Appliances
10.7.3. Personal Care Appliances
10.7.4. Irons
10.7.5. Heating Appliances
10.7.6. Food Preparation Appliances
10.7.7. Small Applianc
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 Small Appliance Demand Share Forecast, 2019-2026
11. Europe Small 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 Small 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 Small Appliance Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Office or Business
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Small Appliance Market Size and Volume Forecast by Type
11.7.1. Vacuum Cleaners
11.7.2. Small Kitchen Appliances
11.7.3. Personal Care Appliances
11.7.4. Irons
11.7.5. Heating Appliances
11.7.6. Food Preparation Appliances
11.7.7. Small Applianc
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 Small Appliance Demand Share, 2019-2026
12. Asia Pacific Small 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 Small 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 Small Appliance Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Office or Business
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Small Appliance Market Size and Volume Forecast by Type
12.7.1. Vacuum Cleaners
12.7.2. Small Kitchen Appliances
12.7.3. Personal Care Appliances
12.7.4. Irons
12.7.5. Heating Appliances
12.7.6. Food Preparation Appliances
12.7.7. Small Applianc
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 Small Appliance Demand Share, 2019-2026
13. Middle East & Africa Small 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 Small 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 Small Appliance Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Office or Business
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Small Appliance Market Size and Volume Forecast by Type
13.7.1. Vacuum Cleaners
13.7.2. Small Kitchen Appliances
13.7.3. Personal Care Appliances
13.7.4. Irons
13.7.5. Heating Appliances
13.7.6. Food Preparation Appliances
13.7.7. Small Applianc
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 Small Appliance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Small Appliance Market: Market Share Analysis
14.2. Small Appliance Distributors and Customers
14.3. Small Appliance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zojirushi Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tiger Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Russell Hobbs
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Proctor Silex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Philips
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Meyer Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Krups
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kitchen Aid
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hamilton Beach Brands
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Braun Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Blendtec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brother Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BPL Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Haier
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Small Applianc
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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