Press release
Leading Element Driving Change in the Cordless Appliances Market in 2025: Rising Demand For Smart Home Solutions To Accelerate Growth In The Cordless Appliance Market Driver
Cordless Appliances Market
The rise in demand for smart home solutions is expected to drive the cordless appliance market. Smart homes integrate various devices for enhanced convenience, security, and energy efficiency, and their popularity is growing due to advancements in technology and connectivity. Cordless appliances are ideal for smart homes, offering convenience and eliminating the need for cords. According to techUK, 77% of UK adults were expected to own at least one connected home device by 2022, and the market for cordless appliances is set to benefit from this growing demand.
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How will the growth rate of the cordless appliances market shape industry trends by 2034?
The cordless appliances market has experienced strong growth in recent years. It will grow from $43.92 billion in 2024 to $47.61 billion in 2025, reflecting a CAGR of 8.4%. The growth is driven by the rising consumer preference for convenience and portability, the growth of the home improvement sector, enhanced safety and performance features, rising disposable incomes, and the adoption of smart home technology.
The cordless appliances market is expected to experience solid growth, reaching $65.1 billion by 2029 at a CAGR of 8.1%. This growth can be attributed to the rise of home automation and smart home integration, expanding markets in developing regions, a focus on health and hygiene, and government regulations promoting energy-efficient appliances. Trends include AI-driven functionalities, multi-use cordless appliances, ergonomic designs, sustainable materials, and advancements in wireless charging technologies.
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What trends are poised to drive the future success of the cordless appliances market?
In the cordless appliances market, companies are introducing innovations like wireless charging to eliminate the inconvenience of cables and connectors. Wireless charging allows devices to charge without wires, offering a more flexible and user-friendly experience. For instance, in May 2023, Klipsch Group Inc., a US audio equipment company, released the T5 II ANC true wireless stereo earphones, which feature active noise cancellation and wireless charging. These earphones also incorporate AI-powered gesture controls for ease of use, enhancing sound quality with advanced driver technology.
Which primary segments of the cordless appliances market are driving growth and industry transformations?
The cordless appliances market covered in this report is segmented -
1) By Product Type: Vacuum Cleaner, Mixer, Blender, Electric Kettle, Coffee Maker, Chopper, Electric Shaker, Lamp, Table Fan, Other Product Types
2) By Distribution Channel: Online, Offline
3) By End-User: Residential, Commercial
Subsegments:
1) By Vacuum Cleaner: Handheld Vacuum Cleaners, Stick Vacuum Cleaners, Robotic Vacuum Cleaners
2) By Mixer: Hand Mixers, Stand Mixers
3) By Blender: Personal Blenders, Countertop Blenders, Immersion Blenders
4) By Electric Kettle: Cordless Electric Kettles, Rapid Boil Electric Kettles
5) By Coffee Maker: Drip Coffee Makers, Espresso Machines, Single-Serve Coffee Makers
6) By Chopper: Handheld Choppers, Multi-Purpose Food Processors
7) By Electric Shaker: Cordless Milk Frothers, Electric Drink Shakers
8) By Lamp: Cordless Table Lamps, Rechargeable Floor Lamps
9) By Table Fan: Rechargeable Table Fans, Personal USB Fans
10) By Other Product Types: Hair Dryers, Cordless Irons, Cordless Screwdrivers, Electric Toothbrushes
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Which geographical regions are pioneering growth in the cordless appliances market?
North America was the largest region in the cordless appliances market in 2023. The regions covered in the cordless appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the cordless appliances market landscape?
Major companies operating in the cordless appliances market are Samsung Electronics Co. Ltd., Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Midea Group, Haier Group Corporation, Whirlpool Corporation, Koninklijke Philips N.V., BSH Home Appliances Group, Black+Decker Inc., Electrolux AB, Dyson Ltd, Makita Corporation, Miele & Cie. KG, SharkNinja Operating LLC, iRobot Corporation, Breville Group, Hoover Company, Bissell Inc., Hamilton Beach Brands Holding Company, Vitamix, Blendtec, Cuisinart, Russell Hobbs Limited, Wacaco, Oster, Tineco Intelligent Technology Co. Ltd., Megachef
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What Is Covered In The Cordless Appliances Global Market Report?
•Market Size Forecast: Examine the cordless appliances market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cordless appliances market for a structured understanding.
•Key Players Overview: Analyze major players in the cordless appliances market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cordless appliances market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cordless appliances market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cordless appliances market.
•Industry Challenges: Identify potential risks and obstacles affecting the cordless appliances market.
•Competitive Landscape: Review strategic developments in the cordless appliances market, including expansions, agreements, and new product launches.
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