Global Household Appliances Market Insights, Forecast to 2025

This report studies the global market size of Household Appliances in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Household Appliances in these regions.
This research report categorizes the global Household Appliances market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

Household appliances is a multi-billion dollar industry run by some huge brands, and this industry in divided product wise into 5 segments namely Cooking appliances, Refrigeration, Laundry, Home Comfort and Others. There are a lot of products in the home appliances market and some of them include washing machines, fridges, TVs, air conditioners, heaters, etc. These products are in the market just to help consumers out with their day-to-day life. Increased awareness about the climate, growing number of consumers is demanding energy and resource-efficient products. Households also tend to be smaller in terms of space and number of individuals, and many consumers have decreasing time in completing housework, hence this is where global household appliances come in place.
The growing popularity of induction cooking technology in the wake of rising fuel prices and the changing lifestyle of consumers with increasing number of nuclear families has increased the dependence of users on the household devices and hence is expected to significantly drive the home appliances market. The major driver of this industry is the rise in per capita income in developing countries, which has led to consumer spending. Housing activities have always been there, and appliances like these are making life easier hence increasing the demand for these products. Increasing urbanization, rising working class population and new product development are also one of the factors for the growth in this market.
In 2017, the global Household Appliances market size was 423600 million US$ and is forecast to 670100 million US in 2025, growing at a CAGR of 5.9% from 2018. The objectives of this study are to define, segment, and project the size of the Household Appliances market based on company, product type, application and key regions.

The various contributors involved in the value chain of Household Appliances include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Household Appliances include
Bosch
Electrolux
General Electric
Gree Electric
Haier
Hitachi
LG Electronics
Panasonic
Samsung Electronics
Sharp Corporation
Siemens
Tiger
Toshiba Corporation
V-Guard
Whirlpool

Market Size Split by Type
Cooking Appliances
Refrigeration
Laundry
Home Comfort
Others
Market Size Split by Application
Online Retail
Offline Retail

Market size split by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Household Appliances market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Household Appliances market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Household Appliances manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Household Appliances with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Household Appliances submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Household Appliances are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Household Appliances market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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