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VCM for Home Appliances Market CAGR of 4.8%: Aluminum plate is the largest segment, with a share about 90% | Valuates Reports
The global VCM for Home Appliances market was valued at US$ 412.3 million in 2022 and is anticipated to reach US$ 742.8 million by 2029, witnessing a CAGR of 4.8% during the forecast period 2023-2029.
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VCM for Home Appliances Market Share
Global core VCM for home appliances manufacturers include Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd. etc.The top 3 companies hold a share about 50%.China is the largest market, with a share about 60%, followed by North America.In terms of product, aluminum plate is the largest segment, with a share about 90%. And in terms of application, the largest application is refrigerator, followed by washing machine.
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By Type
• Steel Plate
• Aluminum Plate
By Application
• Refrigerator
• Washing Machine
• Air Conditioning
• TV Set
• Audiovisual Products
Key Players
Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd., SPEEDBIRD, Suzhou Hesheng Special Material Co.,Ltd, New Swallow, Shenzhen Welmetal Steel Sheet Co., Ltd, Jiangyin Haimei Metal New Material, Suzhou Yangtze New Materials Co.,Ltd, Anhui Wall Huang Cai Aluminum Technology, DKDongshin, DCMCORP, SAMYANGMETAL, BNSTEELA
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