Press release
Small Electrical Appliance Market Is Likely To Witness Substantial Growth By 2031
Small Electrical Appliances Market
The regions covered in the small electrical appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest small electrical appliance market share.
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The small electrical appliances manufacturing market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of small electrical appliances. The market also consists of sales of small electric appliances and electric housewares including household-type fans (except attic fans), household-type vacuum cleaners, and other electric household-type floor care machines.
Key competitors in the small electrical appliance market include AB Electrolux, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, Midea, Miele & Cie. KG, Samsung Electronics Co., Ltd., LG Electronics, and BISSELL.
The global small electrical appliance market size is expected to grow from $117.65 billion in 2021 to $136.99 billion in 2022 at a compound annual growth rate (CAGR) of 16.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The small electrical appliances manufacturing market is expected to reach $240.46 billion in 2026 at a CAGR of 15.1%.
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TBRC's report segments the global small electrical appliance market:
1) By Product: Household Type Fans, Household Type Vacuum Cleaners, Other Household Type Small Electric Appliances
2) By Application: Home, Commercial
3) By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-Commerce, Others
Read Further On The Small Electrical Appliance Market Here:
https://www.thebusinessresearchcompany.com/report/small-electrical-appliance-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Small Electrical Appliances Market Characteristics
3. Small Electrical Appliances Market Trends And Strategies
4. Impact Of COVID-19 On Small Electrical Appliances
5. Small Electrical Appliances Market Size And Growth
.....
27. Small Electrical Appliances Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Small Electrical Appliances Market
29. Small Electrical Appliances Market Future Outlook and Potential Analysis
30. Appendix
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