Household Appliances Market: Opportunity assessment, macro-economic factors analysis, impact analysis by 2019-2025

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. 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.

The global Household Appliances market was 423600 million US$ in 2018 and is expected to 670100 million US$ by the end of 2025, growing at a CAGR of 5.9% between 2019 and 2025.

Get PDF template of this report: https://www.qyresearch.com/sample-form/form/1123665/global-household-appliances-market

This report studies the Household Appliances market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Household Appliances in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Bosch

Electrolux

General Electric

Gree Electric

Haier

Hitachi

LG Electronics

Panasonic

Samsung Electronics

Sharp Corporation

Siemens

Tiger

Toshiba Corporation

V-Guard

Whirlpool

By the product type, the market is primarily split into

Cooking Appliances

Refrigeration

Laundry

Home Comfort

Others

By the end users/application, this report covers the following segments

Online Retail

Offline Retail

Get Complete Report in your Inbox within 24 hours: https://www.qyresearch.com/settlement/pre/8b0c56bf1954f645a9c906bf74663b2a,0,1,Global%20Household%20Appliances%20Market%20Report,%20History%20and%20Forecast%202014-2025,%20Breakdown%20Data%20by%20Manufacturers,%20Key%20Regions,%20Types%20and%20Application

About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

Contact US
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA - 91748
USA: +1 626 428 8800
Emails – enquiry@qyresearch.com
Web – www.qyresearch.com

This release was published on openPR.