Press release
Consumer Appliances Market Poised for 7.1 % Growth, Set to Hit $7.35 Billion by 2029
Consumer Appliances
The increasing popularity of restaurants is expected to drive the consumer appliances market. Restaurants are thriving as consumers demand more convenient, diverse, and social dining experiences. Consumer appliances help restaurants improve efficiency, enhance food quality, expand culinary capabilities, and maintain high service standards. For instance, Statistics Sweden reported a 1.2% increase in restaurant sales and a 5.9% rise in turnover in the first quarter of 2024 compared to 2023. Therefore, the rise in restaurant popularity is contributing to the growth of the consumer appliances market.
Get Your Consumer Appliances Market Report Here:
https://www.thebusinessresearchcompany.com/report/consumer-appliances-global-market-report
What Is the projected market size and growth rate for the consumer appliances market?
The consumer appliances market has grown significantly in recent years. It will rise from $465.85 billion in 2024 to $500.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.5%. The growth is linked to increased consumer spending, a rising demand for energy-efficient appliances, a greater interest in multifunctional products, changes in consumer lifestyles, and an increased demand for home automation.
The consumer appliances market is expected to reach $658.46 billion by 2029, growing at a CAGR of 7.1%. The growth is driven by higher living standards, greater consumption of bakery products, sustainability focus, rising purchasing power, and the adoption of smart appliances. Key trends include demand for advanced appliances, connected kitchen devices, AI, Wi-Fi, and Bluetooth integration, and wireless technology adoption.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16383&type=smp
What new trends are reshaping the consumer appliances market and its opportunities?
Companies in the consumer appliances market are developing AI-based kitchen robots to enhance meal preparation efficiency and consistency. For example, in June 2024, Wonderchef launched Chef Magic, an all-in-one kitchen robot featuring 360° induction heating, an in-built weighing scale, and a touchscreen interface. The device is Wi-Fi connected, receiving regular updates and providing a modern, user-friendly cooking experience.
What major market segments define the scope and growth of the consumer appliances market?
The consumer appliances market covered in this report is segmented -
1) By Product Type: Kitchen Applications, Small Appliances, Washing Machine, Air Purifiers, Water Heaters, Water Purifiers, Cloth Dryers And Tumblers, Air Conditioners, Vacuum Cleaners
2) By Sales Channel: Offline, Online
3) By End User: Domestic, Professional
Subsegments:
1) By Kitchen Applications: Refrigerators, Dishwashers, Microwave Ovens, Coffee Makers, Blenders And Juicers, Food Processors
2) By Small Appliances: Hair Dryers, Electric Kettles, Toasters, Irons, Electric Fans, Electric Cookers
3) By Washing Machine: Front-Loading Washing Machines, Top-Loading Washing Machines, Semi-Automatic Washing Machines
4) By Air Purifiers: Hepa Air Purifiers, Ionizers, Activated Carbon Air Purifiers, Uv-C Air Purifiers
5) By Water Heaters: Tankless Water Heaters, Storage Water Heaters, Instant Water Heaters
6) By Water Purifiers: Ro (Reverse Osmosis) Water Purifiers, Uv Water Purifiers, Activated Carbon Water Purifiers, Filtration Water Purifiers
7) By Cloth Dryers And Tumblers: Vented Dryers, Condenser Dryers, Heat Pump Dryers
8) By Air Conditioners: Split Air Conditioners, Window Air Conditioners, Portable Air Conditioners, Centralized Air Conditioners
9) By Vacuum Cleaners: Upright Vacuum Cleaners, Canister Vacuum Cleaners, Robotic Vacuum Cleaners, Handheld Vacuum Cleaners
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16383
Which region dominates the consumer appliances market?
Asia-Pacific was the largest region in the consumer appliances market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the consumer appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the consumer appliances industry growth?
Major companies operating in the consumer appliances market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, General Electric Company, Hitachi Ltd., Panasonic Corporation, Midea Group Co. Ltd., Xiaomi Corporation, Haier Group Corp., Koninklijke Philips N.V., Whirlpool Corporation, BSH Hausgeräte GmbH, Sharp Corporation, AB Electrolux, Arçelik, Spectrum Brands Inc., Rinnai Corp., Havells India Ltd., Andis Company, VEGA, Syska, Hisense Inc., Sunbeam Products Inc., Wahl Clipper Corporation, Brio Product Group LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=16383&type=smp
What Is Covered In The Consumer Appliances Global Market Report?
•Market Size Forecast: Examine the consumer appliances market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the consumer appliances market for a structured understanding.
•Key Players Overview: Analyze major players in the consumer appliances market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the consumer appliances market.
•Segment Contributions: Evaluate how different segments drive overall growth in the consumer appliances market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the consumer appliances market.
•Industry Challenges: Identify potential risks and obstacles affecting the consumer appliances market.
•Competitive Landscape: Review strategic developments in the consumer appliances market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Consumer Appliances Market Poised for 7.1 % Growth, Set to Hit $7.35 Billion by 2029 here
News-ID: 3923146 • Views: …
More Releases from The Business Research Company
Trends in Growth, Segment Analysis, and Competitive Strategies Influencing the M …
The meal replacement market is gaining significant momentum as consumer preferences shift toward convenient and health-focused nutrition solutions. With rising awareness about preventive healthcare and personalized diets, this sector is set for considerable expansion. Let's explore how the market size is expected to evolve, who the key players are, emerging trends, and the main segments driving this growth.
Projected Growth Trajectory of the Meal Replacement Market Size
The meal replacement…
Leading Companies Reinforcing Their Presence in the Malted Barley Market
The malted barley industry is positioned for steady expansion as demand grows across various sectors. With increasing interest from craft brewers and functional food producers, this market is set to experience meaningful growth driven by innovation and sustainability efforts. Let's dive into the current market size, key players shaping the industry, trends influencing its trajectory, and detailed segment insights.
Projected Market Size and Growth Outlook of the Malted Barley Market …
Future Perspective: Key Trends Shaping the Low-calorie Food Market up to 2030
The low-calorie food market is poised for significant expansion as consumer preferences shift toward healthier eating habits and more personalized nutrition options. Advances in product innovation and supportive regulatory frameworks are expected to drive rapid growth over the coming years. Here's an overview of the market size, key players, emerging trends, and segmentation shaping this evolving industry.
Projected Expansion of the Low-calorie Food Market Size Through 2030
The low-calorie food…
Competitive Landscape: Leading Companies and New Entrants in the Liquid Nutritio …
The liquid nutritional supplement sector is on the rise, driven by evolving consumer preferences and innovations in health and wellness. With growing awareness about personalized nutrition and preventive healthcare, this market is set to witness substantial growth over the coming years. Let's explore the market's projected size, major players, emerging trends, and key segments shaping this dynamic industry.
Projected Market Value and Growth Trajectory of the Liquid Nutritional Supplement Market …
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native …
WiseGuyReports.Com Publish a New Market Research Report On –“ Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native American Air Ambulance, Air Medical Group, REVA Air Ambulance, PHI Air Medical ”.
Air Ambulance Industry 2019
Description:-
Air Ambulance is also known as helicopter emergency medical service, it refers to the aircraft specially adapted for carrying patients with critical condition and serious injury after permanent professional medical…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
