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Household Appliances Market Strategies, Type and Application, Forecast to 2025

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.

 

City of Industry, CA -- (SBWIRE) -- 08/07/2018 -- This study researches the size of Household Appliances Market, presents the global Household Appliances sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Household Appliances in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Household Appliances for each region and countries in each region.

For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018. 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.

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 2018, 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. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Household Appliances.

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This report includes the following manufacturers; we can also add the other companies as you want.

Bosch

Electrolux

General Electric

Gree Electric

Haier

Hitachi

LG Electronics

Panasonic

Samsung Electronics

Sharp Corporation

Market Segment by Product Type

Cooking Appliances

Refrigeration

Laundry

Home Comfort

Market Segment by Application

Online Retail

Offline Retail

The study objectives are:

To analyze and research the global Household Appliances status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key Household Appliances manufacturers, capacity, production, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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In this study, the years considered to estimate the market size of Household Appliances are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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