Press release
Rising Demand For Smart Home Solutions To Accelerate Growth In The Cordless Appliance Market: A Significant Driver Propelling The Cordless Appliances Market In 2025
Cordless Appliances
What Is the Cordless Appliances Market Size and Projected Growth Rate?
The cordless appliances market has grown strongly in recent years. It will grow from $43.92 billion in 2024 to $47.61 billion in 2025, at a CAGR of 8.4%. The growth is due to consumer preferences for convenience and portability, growth in the home improvement sector, enhanced safety and performance features, higher disposable income, and the increased adoption of smart home technology.
The cordless appliances market is expected to grow significantly, reaching $65.1 billion by 2029, with a CAGR of 8.1%. This growth is driven by the trend of home automation, expanding markets in emerging economies, the focus on health and hygiene, and government incentives for energy-efficient appliances. Trends include AI integration, multi-use appliance development, ergonomic design improvements, sustainable materials, and wireless charging technology advancements.
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What Are the Major Segments in the Cordless Appliances Market?
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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What Are The Driving Cordless Appliances Market Evolution?
The growing demand for smart home solutions is expected to propel the cordless appliance market. Smart home solutions integrate various home devices to improve convenience, comfort, and energy efficiency. Technological advancements and increased connectivity make these solutions more accessible. Cordless appliances, which reduce cable clutter and integrate seamlessly with smart systems, are becoming increasingly popular. A techUK report published in November 2022 found that 77% of UK adults own at least one connected home device, indicating a strong demand for smart home solutions that will fuel the cordless appliance market.
Which Firms Dominate The Cordless Appliances Market Segments?
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
What Are the Major Trends Shaping the Cordless Appliances Market?
Companies in the cordless appliances market are utilizing wireless technology, such as wireless charging, to eliminate the need for cables. Wireless charging simplifies the user experience by enabling devices to charge by placing them on compatible pads. In May 2023, Klipsch Group Inc., a U.S.-based audio equipment company, launched the T5 II ANC true wireless stereo (TWS) earphones, which feature active noise cancellation and wireless charging.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cordless Appliances Market?
2. What is the CAGR expected in the Cordless Appliances Market?
3. What Are the Key Innovations Transforming the Cordless Appliances Industry?
4. Which Region Is Leading the Cordless Appliances Market?
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