Press release
2025-2034 Household Appliances Market Roadmap: Insights for Competitive Advantage
Household Appliances Market
What Is the Expected CAGR for the Household Appliances Market Through 2025?
In the past few years, the household appliances market has experienced robust growth. Experts predict a rise from $671.66 billion in 2024 to $729.08 billion in 2025, showcasing a compound annual growth rate (CAGR) of 8.5%. Factors such as an uptick in home remodeling, housing market expansion, higher home electrification, evolving lifestyles, energy efficiency consciousness, and demographic changes can explain the growth seen in the historical period.
What's the Projected Size of the Global Household Appliances Market by 2029?
The market for household appliances is predicted to experience substantial expansion in the coming years. It is projected to reach $971.15 billion in 2029, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth in the forecast period include the increase in smart home integration, a growing middle-class demographic, health and wellness capabilities, demands from an aging population, and the integration of energy storage. Forecast period trends in this market include sustainable design, the internet of things (IoT), integration of voice and AI, compact and multi-functional devices, cutting-edge cooking technologies, and a focus on customization and personalization.
View the full report here:
https://www.thebusinessresearchcompany.com/report/household-appliances-global-market-report
Top Growth Drivers in the Household Appliances Industry: What's Accelerating the Market?
The growing popularity of outdoor gatherings and barbeques during weekends and holidays is predicted to spur the household appliances market during the forecast period. The quickly changing lifestyle coupled with the surge in outdoor recreational activities could amplify the requirement for household appliances. The market for household appliances in Europe is projected to swell to $5.98 million by 2026. Greater accessibility to distinct camping locales, as well as an increase in adventure camping, teamed with a rise in disposable income, is predicted to push the global market for household appliances. This would further propel the household appliances market during the predicted period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3065&type=smp
What Trends Will Shape the Household Appliances Market Through 2029 and Beyond?
Producers of household appliances have begun integrating LED lights into their units to reduce energy use. LED lights draw less current compared to CFL or incandescent light bulbs. These manufacturers are making a concerted effort to launch goods with LED lighting to cut down on power usage and enhance aesthetic appeal. For example, the LED lighting system in GE's refrigerators decreases power usage by 80% versus halogen lights. The business has rolled out goods like café's French door refrigerators and profile wall ovens with such lighting systems. Renowned companies like Philip Electronics N.V., Osram Opto, Digital Lumens Inc., and Cree Corporation, for instance, are among the top producers of LED lights.
What Are the Main Segments in the Household Appliances Market?
The household appliances market covered in this report 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 Mode: Online, Offline
3) By Application: Cooking, Cleaning, Other Applications
Subsegments:
1) By Small Electrical Appliance: Toasters, Blenders, Coffee Makers, Electric Kettles, Vacuum Cleaners
2) By Household Cooking Appliance: Ovens (Conventional, Microwave, Convection), Stoves (Gas, Electric), Cooktops, Slow Cookers, Rice Cookers
3) By Household Refrigerator And Home Freezer: Top-Freezer Refrigerators, Bottom-Freezer Refrigerators, Side-by-Side Refrigerators, Chest Freezers, Upright Freezers
4) By Household Laundry Equipment: Washing Machines (Front Load, Top Load), Dryers (Electric, Gas), Washer-Dryer Combos
5) By Other Major Household Appliance: Dishwashers, Air Conditioners, Water Heaters, Dehumidifiers, Humidifiers
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3065&type=smp
Which Top Companies are Driving Growth in the Household Appliances Market?
Major companies operating in the household appliances market include Samsung Electronics Co. Ltd., Hitachi Appliances, LG Electronics, Panasonic Appliances, Qingdao Haier Co. Ltd., Daikin Industries Ltd, Haier Smart Home Co. Ltd., Gree Electric Appliances, Toshiba Corporation, Whirlpool Corporation, Sharp Corporation, Bosch-Siemens, Electrolux AB, Liebherr Group, Wolf Appliance, Candy Group, Hisense Group, Groupe SEB SA, Arçelik Global, Miele, Maytag Corporation, Vestel International, Fisher & Paykel, Indesit Company, Blue Star Limited, Thermador, Sub-Zero Group, DCS Appliances, Smeg, Viking Range, AGA Rangemaster, Gaggenau, Bertazzoni S.p.A., Dacor Inc., American Range, Asko Appliances, La Cornue, Hestan Commercial Corporation, Lynx Grills, ILVE Spa
Which Regions Will Dominate the Household Appliances Market Through 2029?
Asia-Pacific was the largest region in the household appliances market in 2024. Western Europe was the second largest region in the household appliances market. The regions covered in the household appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3065
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 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 2025-2034 Household Appliances Market Roadmap: Insights for Competitive Advantage here
News-ID: 4110927 • Views: …
More Releases from The Business Research Company
The Intersection Of Professional Social Work Services And Social Work Case Manag …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
Social Work Case Management Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market for social work case management software has seen rapid expansion. The market, which was valued at $12.73 billion in 2024, is estimated to grow to $14.91 billion…
Snowmobile Market Expansion Continues, with Forecast Valuation of $2.22 Billion …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
Snowmobile Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for snowmobiles has consistently expanded over the past several years. Projections indicate an increase from $1.77 billion in 2024 to $1.84 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.2%. Factors…
The Nexus Between Increasing Internet Penetration and Social Media Platform Expa …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
What Is the Expected CAGR for the Social Media Platforms Market Through 2025?
The market size for social media platforms has seen an immense expansion in the past few years. An escalation from $746.5 billion in 2024 to $1006.22 billion in 2025 is expected, marking a compound annual growth…
Snack Bars Market on Track for Strong Growth, Estimated to Grow at 10.3% CAGR Th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts
What Is the Expected CAGR for the Snack Bars Market Through 2025?
The market size of snack bars has seen a significant expansion in the recent years, escalating from $26.23 billion in 2024 to an impressive $29.02 billion in 2025, with a compound annual growth rate (CAGR) of 10.6%.…
More Releases for Appliance
Denver Appliance Master Expands Services to Include Comprehensive Appliance Repa …
Denver Appliance Master announces the expansion of its services to offer comprehensive appliance repair solutions, including washing machine, refrigerator, dryer, dishwasher, oven, and washer repairs, enhancing its commitment to serving the Denver community.
Denver, CO - November 6, 2024 - Denver Appliance Master, a trusted name in Denver's appliance repair industry, has expanded its service offerings to provide a complete range of household appliance repairs. This expansion meets the growing demand…
Dispatch Appliance Repairs Outlines Signs That Indicate an Appliance Requires Re …
Dispatch Appliance Repairs is a top-rated appliance repair contractor. In a recent update, the contractor highlighted signs that indicate an appliance requires repair.
Clark, NJ - In a website post, Dispatch Appliance Repairs outlined signs that indicate an appliance requires repair.
The appliance repair company Clark [https://www.dispatchappliance.com/] noted that one common indicator that an appliance may need repair is unusual noises during operation. These noises can range from rattling and grinding in…
Trustworthy Home Appliance Repairs in Cypress | Upper Appliance
Smart appliances are equipped with advanced features like remote monitoring and energy-saving modes, are becoming increasingly popular, improving convenience of lifestyle. When advanced appliances like refrigerators, dishwashers, dryers, and washers suddenly break down, it disrupts the daily routines of households or business operations in hotels, restaurants, shopping malls, and more. These malfunctions not only cause unnecessary stress but also pose safety concerns. Around every 10% of homes or commercial settings…
D&V Appliance Repair Delivers the Best Appliance Repair Solutions
Orange, USA - 7 February 2023 - D&V Appliance Repair is offering the highest quality appliance repair in Orange County - a fair combination of price and quality.
When it comes to making sure that your house appliances are in mint condition, odds are, you will be off searching for the most efficient solutions that will not let you down. Granted, there are plenty of options available on the net,…
D&V Appliance Repair Offers Quality Appliance Repair Services
Orange, USA – 8 February 2022 - D&V Appliance Repair is offering a full range of appliance repair Orange County solutions and services available for the best prices on the market.
When it comes to making the best from your appliance repairs, odds are, you will be off looking for the right combination of price and quality. Of course, the market these days is pretty much filled with all kinds…
Canton Ohio Appliance Repair Service Fixes Any Type of Appliance
Canton, Oh – July 21, 2018 –It is a bummer when an appliance breaks. This situation is made worse when you can’t find anyone to fix the appliance. Many appliance repair companies do not have the knowledge to fix older appliances. Other companies can fix older appliances but are not affordable.
Sam’s appliance repair is affordable. They understand the inconvenience of having an appliance that doesn’t…
