Household Appliances Global Market Report 2022, By Type, By Application, By Mode
The global household appliances market report by the business research company identifies the rising trend of outdoor parties and cookouts on weekends and holidays is expected to drive the market for barbeques and grills in the forecast period to be a major growth driver for the Household Appliances market. Rapidly evolving lifestyle along with the increasing outdoor recreational activities will increase the demand for barbeque machines and grills. The Europe barbeque grill market is expected to grow to $5.98 million by 2026. Increasing access to unique camping sites, and increasing adventure camping, coupled with the rising disposable income will drive the market for barbeques globally, which in turn will boost the market for household appliances in the forecast period.
The global household appliances market grew from $502.28 billion in 2021 to $537.74 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The household appliance market is expected to grow to $696.63 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%.
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Asia Pacific was the largest region in the household appliances market in 2021. Western Europe was the second largest region in the household appliances market. The regions covered in the household appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies in the household appliance market include Samsung Electronics Co. Ltd., Haier Smart Home Co. Ltd., LG Electronics, Qingdao Haier Co. Ltd., Daikin Industries Ltd, Whirlpool Corp, Midea Group co ltd, Robert Bosch GmbH, Apple and Electrolux AB.
The global household appliances market is segmented -
1) By Type: Small Electrical Appliance, Household Cooking Appliance, Household Refrigerator And Home Freezer, Household Laundry Equipment, Other Major Household Appliance
2) By Application: Cooking, Cleaning, Others
3) By Mode: Online, Offline
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The Household Appliances Market Report Contents Include
1. Executive Summary
2. Household Appliances Market Characteristics
3. Household Appliances Market Trends And Strategies
4. Impact Of COVID-19 On Household Appliances
5. Household Appliances Market Size And Growth
26. Africa Household Appliances Market
27. Household Appliances Market Competitive Landscape And Company Profiles
28. Household Appliances Pipeline Analysis
29. Key Mergers And Acquisitions In The Household Appliances Market
30. Household Appliances Market Future Outlook and Potential Analysis
This report covers the trends and market dynamics of the Household Appliances market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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