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Household Appliances Market by Product, Distribution Channel & Region | Forecast 2023 to 2033
The rising standard of living, high consumer spending, and the ongoing trend of product customization are some of the factors driving the growth of the home appliances market. According to FMI, rapid construction of smart homes may boost demand for household appliances!
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Household Appliances Market Outlook
The household appliances market is projected to be valued at US$ 707.52 billion in 2023 and is expected to rise to US$ 1,328.11 billion by 2033. The sales of household appliances are expected to grow at a significant CAGR of 6.50% during the forecast period. Numerous factors propelling the demand for household appliances are
- The major factors driving the growth of the household appliances market are rising disposable income, rising living standards, and the desire for comfort. Consumer spending on home improvement products drives demand for various household appliances.
- The increasing adoption of smart and connected appliances is one of the key trends in the household appliances market.
- People who work have less time to devote to household chores regularly and prefer automatic appliances to reduce manual labor and save time.
- Incorporating various novel technologies in household appliances, such as artificial intelligence, AR/VR, the Internet of Things, and robotics, is expected to significantly boost the growth of the global household appliances market. This trend is expected to continue, with more appliances becoming internet-connected and integrated into smart home ecosystems.
- The metropolitan area accounted for a sizable portion of total revenue in the home appliance market. Urban spending power has increased as they opt for products and services that serve as fashion statements or status symbols.
- The increasing need to resonate with the products has accelerated the demand for personalized appliances that complement the house's overall theme and meet the household's practical needs.
- Consumers want appliances tailored to their specific needs and preferences, such as those that can be customized to match their kitchen décor or those with unique features and functions.
- The increasing penetration of distribution channels such as specialty stores, brand outlets, eCommerce, and supermarkets drives the global household appliances market forward.
- Regular new product launches and the introduction of advanced, innovative features in household appliances entice consumers and boost household appliance sales.
Attributes | Details |
---|---|
Household Appliances Market CAGR | 6.50% |
Household Appliances Market Valuation (2023) | US$ 707.52 billion |
Household Appliances Market Valuation (2033) | US$ 1,328.11 billion |
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Household Appliances Demand Analysis (2018 To 2022) Vs Market Outlook (2023 To 2033)
The household appliances market has grown steadily over the last few decades as consumer demand for convenience and time-saving appliances has increased. The historical demand analysis of the household appliances market shows a growth trend, which is being driven by factors such as rising disposable income, urbanization, and changing lifestyles. Demand for refrigerators, washing machines, dishwashers, air conditioners, and Hoover cleaners has increased significantly.
Consumer awareness of energy-efficient appliances has also contributed to the market's growth. Manufacturers have responded by releasing a variety of energy-efficient appliances that not only meet consumers' needs and help them save money on energy costs.
As per Future Market Insights (FMI), the market witnessed a substantial CAGR of 6.46% from 2018 to 2022.
The household appliances market is expected to expand further in the future. The growing internet penetration and proliferation of smartphones have resulted in the emergence of the smart home concept. Smart homes include appliances that can be controlled remotely via smartphones and other devices, allowing homeowners to manage their energy consumption and lower their utility bills.
Advancements in household appliances such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) are expected to drive market growth in the coming years. These technologies allow appliances to perform tasks autonomously, monitor their performance, and communicate with other home devices.
The growing number of working women, combined with the trend towards smaller households, is expected to increase demand for time-saving appliances such as robotic vacuums, smart washing machines, and dishwashers.
Considering the factors mentioned above, FMI opines that the household appliance market is likely to record a CAGR of 6.50% between the analysis period (2023 to 2033) and is likely to surpass the market valuation of US$ 1,328.11 billion by 2033.
Global Semiconductor Chip Scarcity is expected to Limit Market Expansion
The global chip shortage began during the pandemic, which disrupted several industries around the world. The global chip shortage was caused by increased demand for electronic products and disruptions in supply chains worldwide during the pandemic. Microchips enable appliances to perform advanced functions, such as connecting with other intelligent devices or creating innovative home systems that allow people to control appliances with smartphones.
Due to a microchip shortage in the market, increased demand for consumer electronics caused a struggle in the supply chain, negatively affecting the electronics industry. According to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), several consumer electronics manufacturers are experiencing manufacturing bottlenecks, and many companies have fallen behind in exports.
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Comparative View of Household Appliances Market
Household Appliances Market:
Attributes | Household Appliances Market |
---|---|
How can Manufacturers/Service Providers Scale their Businesses in the Market? |
|
CAGR (2023 to 2033) | 6.4% |
Market Value (2033) | US$ 2.4 billion |
Growth Factor | Rapid urbanization and growing personal income are proliferating market growth. |
Opportunity | The availability of appliances in a variety of sizes, shapes, and capacities is driving up demand for these appliances. |
Key Trends | Growing automation in the residential sector and the development of smart cities are providing growth impetus to the market. |
Consumer Appliances Market:
Attributes | Consumer Appliances Market |
---|---|
How can Manufacturers/Service Providers Scale their Businesses in the Market? |
|
CAGR (2023 to 2033) | 4.3% |
Market Value (2033) | US$ 539.9 billion |
Growth Factor | The rising demand for advanced and innovative technologies that aid in the completion of daily life chores in less time-consuming ways is boosting market growth. |
Opportunity | Key market players are increasingly investing in research and development activities to launch novel devices that incorporate technologies such as artificial intelligence and the Internet of Things. |
Key Trends | Demand for advanced consumer appliances and connected devices such as smart kitchen appliances is rapidly increasing in the household sector because of increased investment in smart homes in developed countries such as the United States, Germany, and Japan. |
Refrigerated Display Cases Market:
Attributes | Refrigerated Display Cases Market |
---|---|
How can Manufacturers/Service Providers Scale their Businesses in the Market? |
|
CAGR (2023 to 2033) | 5.5% |
Market Value (2033) | US$ 14.0 billion |
Growth Factor | Leading market competitors are developing energy-efficient RDCs in a variety of shapes and sizes because of technological advancements to meet the growing demand for low-cost freezer display cases to attract small players in the commercial food sector. |
Opportunity | In the coming years, the rising population and rapid urbanization in emerging economies are likely to create significant opportunities for increased sales of countertop refrigerated display cabinets. |
Key Trends | There is also a growing recognition of the importance of visual merchandising as a low-cost method of increasing retail sales and its role in encouraging impulse purchases among customers. |
Household Appliances Market - Country-wise Insight
High efficiency, improved design, and better-insulated appliances are gaining market attraction and leading the market growth of 6.2%.
The massive import of various appliances, including refrigerators and washing machines, into the United States and Canada drives the consumption rate of these appliances. It is the world's largest regional economy and is expected to remain a key region in the global economy shortly, primarily for technological development. Consumers' high spending power, rising smart device adoption, and significant consumer demand for connected home appliances are likely to drive the consumption rate of IoT-based appliances in the region.
In global comparison, China generates revenue of US$ 166.20 billion in 2023. China has become increasingly reliant on innovative technology in its fight against COVID-19.
White goods and small appliances are in high demand in the Chinese market. In the electronic appliance industry, consumer brand awareness is increasing, emphasizing design and functionality, while price sensitivity is decreasing. As people become more environmentally responsible, there is a greater demand for energy-efficient and eco-friendly products. Customers who enjoy camping are expected to be drawn to such high-tech refrigerators.
From 2021 to 2028, the Middle East and Africa are projected to experience a CAGR of 7.7%.
This can be attributed to the rising popularity of i-wave microwave ovens. The rising popularity of cordless technology-based appliances in Saudi Arabia drives market demand. The increasing adoption of irons, grills, roasters, and coffee machines in South Africa is expected to drive market growth during the forecast period. Furthermore, rising demand for tempered glass shelf refrigerators in Middle Eastern countries is expected to drive market growth.
Europe to capture approximately 25.7% of the value share by 2022
With the growing trend of single-living and a faster-paced lifestyle, demand for advanced consumer appliances such as kitchen appliances and small appliances is rapidly increasing in the country, driving growth in Germany. Furthermore, as environmental awareness grows, the market is expected to see an increase in the adoption of energy-efficient electronic products that ensure greater performance efficiency in cost-effective ways.
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Household Appliances Market - Category-wise Insights
Major Appliances Leads with a Market Share of US$ 0.46 trillion in 2023
Household appliance demand has grown into a global industry. Household appliances are now more affordable for a generous portion of the global population to assist in day-to-day household chores as disposable income, larger spaces, and access to electricity increase. Connected devices have entered the market, and most appliances are now linked to the internet to automate tasks with less human intervention.
The recent trend of smart homes, combined with major companies' increasing focus on developing and launching innovative and connected home appliances, is expected to fuel market growth.
Small Appliances hold all the Potential to be a Lucrative Segment in the Household Appliances Market
Small appliances are further classified as food processors, grills and toasters, tea/coffee makers, hoover cleaners, and others. A major factor driving the growth of this segment is the increasing demand for small appliances for various daily routine tasks such as cleaning, making breakfast, juices, and tea and coffee. Some of the major drivers of the small appliances segment are the easy availability of small appliances at affordable prices and rising living standards. Small appliance technological advancements and energy efficiency are expected to have a significant impact on the growth of demand for small appliances during the forecast period.
By 2023, eCommerce Sales are anticipated to account for 31.3% of total revenue in the Household Appliances Market
Rising smartphone adoption, increasing internet penetration, rising manufacturer investments in digital distribution channels, huge discounts, easy return and replacement policies of e-commerce platforms, and fast home delivery are the most prominent factors driving the growth of the e-commerce segment in the global household appliances market.
According to the International Telecommunication Union, approximately 64% of the global population has internet access. During the forecast period, this population is expected to grow significantly. As a result, the market is expected to expand significantly in the coming years.
In 2021, the Specialty Stores Segment accounted for over 45% of Global Sales in the Home Appliances Market
The large presence of various multi-branded and mono-branded consumer electronic stores across developed and developing regions and the increased popularity of these stores among consumers has resulted in this segment's dominance in the market.
The availability of a diverse range of products and brands and exclusive discounts and guidance provided by salespeople in stores make the purchasing and installation process easier for consumers. Thus, the growth of this segment has been significant in recent decades.
Competitive Landscape
The household appliances market is highly competitive, with numerous brands vying for market share. Some of the key players in this market include
- Whirlpool Corporation
- Samsung Electronics
- LG Electronics
- Haier Group Corporation
- AB Electrolux
- Panasonic Corporation
- Midea Group Co., Ltd.
- Hitachi, Ltd.
- Robert Bosch GmbH
- GE Appliances
These companies offer various products, including refrigerators, washing machines, air conditioners, ovens, and other home appliances. Many companies invest heavily in research and development to introduce innovative and energy-efficient products to remain competitive. They also use various marketing strategies, such as offering promotions, discounts, and warranties to attract customers.
In recent years, there has been an increasing focus on sustainability in the household appliances market. Many companies are introducing eco-friendly products that consume less energy and reduce carbon emissions. The emergence of smart homes and the Internet of Things (IoT) has also created new opportunities for companies to differentiate themselves by offering connected appliances that can be controlled remotely through mobile apps.
Overall, the household appliances market is highly competitive, and companies must be innovative, customer-focused, and agile to succeed.
Important developments
- Samsung and Deutsche Telekom completed the first SA 5G trial in the Czech Republic in January 2021.
- LG Electronics Inc., based in South Korea, entered a joint venture with Magna International Inc., an automotive supplier, in December 2020, to manufacture various key components for electric vehicles.
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | USA, Canada, Germany, United kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa |
Key Segments Covered |
|
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
Household Appliances Market
By Product:
- Major Appliances
- Freezers
- Refrigerators
- Washing Machines
- Dishwashers
- Air Conditioners
- Ovens
- Others
- Small Appliances
- Food Processors
- Grills & Roasters
- Tea/Coffee Makers
- Vacuum Cleaners
- Others
By Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- E-Commerce
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa (MEA)
Frequently Asked Questions
What is the Projected Growth Rate for Global Household Appliances Market?
The overall market is projected to follow a growth rate of 6.5% through 2033.
What is the Growth Potential Estimated for Global Household Appliances Industry?
By 2033, the net worth of the whole industry could reach around US$ 1,328.11 million.
Which is the Thriving Regional Market for Household Appliances?
The sales of home appliances in North is poised to thrive at 6.2% CAGR through 2033.
What is the Prime Reason for the Growing Sales of Household Appliances in China?
Sales of white goods and small appliances in China generated US$ 166.2 billion revenue in 2022.
Which Type of Household Appliances are Popular around the World?
Major household appliances segment generates a market revenue of more than 50%.
Table of Content
1. Executive Summary | Household Appliances Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product, 2023 to 2033 5.3.1. Major Appliances 5.3.1.1. Freezers 5.3.1.2. Refrigerators 5.3.1.3. Washing Machines 5.3.1.4. Dishwashers 5.3.1.5. Air Conditioners 5.3.1.6. Ovens 5.3.1.7. Others 5.3.2. Small Appliances 5.3.2.1. Food Processors 5.3.2.2. Grills & Roasters 5.3.2.3. Tea/Coffee Makers 5.3.2.4. Vacuum Cleaners 5.3.2.5. Others 5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product, 2023 to 20336. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Distribution Channel, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Distribution Channel, 2023 to 2033 6.3.1. Supermarkets and Hypermarkets 6.3.2. Specialty Stores 6.3.3. E-Commerce 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 20337. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. MEA 7.4. Market Attractiveness Analysis By Region8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Product 8.2.3. By Distribution Channel 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Product 8.3.3. By Distribution Channel 8.4. Key Takeaways9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Product 9.2.3. By Distribution Channel 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product 9.3.3. By Distribution Channel 9.4. Key Takeaways10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. United kingdom 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Product 10.2.3. By Distribution Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product 10.3.3. By Distribution Channel 10.4. Key Takeaways11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Singapore 11.2.1.5. Thailand 11.2.1.6. Indonesia 11.2.1.7. Australia 11.2.1.8. New Zealand 11.2.1.9. Rest of Asia Pacific 11.2.2. By Product 11.2.3. By Distribution Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product 11.3.3. By Distribution Channel 11.4. Key Takeaways12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of MEA 12.2.2. By Product 12.2.3. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product 12.3.3. By Distribution Channel 12.4. Key Takeaways13. Key Countries Market Analysis 13.1. USA 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2022 13.1.2.1. By Product 13.1.2.2. By Distribution Channel 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2022 13.2.2.1. By Product 13.2.2.2. By Distribution Channel 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2022 13.3.2.1. By Product 13.3.2.2. By Distribution Channel 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2022 13.4.2.1. By Product 13.4.2.2. By Distribution Channel 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2022 13.5.2.1. By Product 13.5.2.2. By Distribution Channel 13.6. United kingdom 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2022 13.6.2.1. By Product 13.6.2.2. By Distribution Channel 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2022 13.7.2.1. By Product 13.7.2.2. By Distribution Channel 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2022 13.8.2.1. By Product 13.8.2.2. By Distribution Channel 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2022 13.9.2.1. By Product 13.9.2.2. By Distribution Channel 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2022 13.10.2.1. By Product 13.10.2.2. By Distribution Channel 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2022 13.11.2.1. By Product 13.11.2.2. By Distribution Channel 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2022 13.12.2.1. By Product 13.12.2.2. By Distribution Channel 13.13. Singapore 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2022 13.13.2.1. By Product 13.13.2.2. By Distribution Channel 13.14. Thailand 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2022 13.14.2.1. By Product 13.14.2.2. By Distribution Channel 13.15. Indonesia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2022 13.15.2.1. By Product 13.15.2.2. By Distribution Channel 13.16. Australia 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2022 13.16.2.1. By Product 13.16.2.2. By Distribution Channel 13.17. New Zealand 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2022 13.17.2.1. By Product 13.17.2.2. By Distribution Channel 13.18. GCC Countries 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2022 13.18.2.1. By Product 13.18.2.2. By Distribution Channel 13.19. South Africa 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2022 13.19.2.1. By Product 13.19.2.2. By Distribution Channel 13.20. Israel 13.20.1. Pricing Analysis 13.20.2. Market Share Analysis, 2022 13.20.2.1. By Product 13.20.2.2. By Distribution Channel14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Product 14.3.3. By Distribution Channel15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. AB Electrolux 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. Qingdao Haier Co., Ltd. 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Hitachi, Ltd. 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. LG Electronics Inc. 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. Midea Group Co., Ltd. 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Panasonic Corporation 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Robert Bosch GmbH 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. Samsung Electronics Co., Ltd. 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 15.1.9. Sharp Corporation 15.1.9.1. Overview 15.1.9.2. Product Portfolio 15.1.9.3. Profitability by Market Segments 15.1.9.4. Sales Footprint 15.1.9.5. Strategy Overview 15.1.9.5.1. Marketing Strategy 15.1.9.5.2. Product Strategy 15.1.9.5.3. Channel Strategy 15.1.10. Whirlpool Corporation 15.1.10.1. Overview 15.1.10.2. Product Portfolio 15.1.10.3. Profitability by Market Segments 15.1.10.4. Sales Footprint 15.1.10.5. Strategy Overview 15.1.10.5.1. Marketing Strategy 15.1.10.5.2. Product Strategy 15.1.10.5.3. Channel Strategy16. Assumptions & Acronyms Used17. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033Table 3: Global Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 4: Global Market Volume (Units) Forecast by Product, 2018 to 2033Table 5: Global Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 6: Global Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033Table 9: North America Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 10: North America Market Volume (Units) Forecast by Product, 2018 to 2033Table 11: North America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 12: North America Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033Table 15: Latin America Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 16: Latin America Market Volume (Units) Forecast by Product, 2018 to 2033Table 17: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 18: Latin America Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033Table 20: Europe Market Volume (Units) Forecast by Country, 2018 to 2033Table 21: Europe Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 22: Europe Market Volume (Units) Forecast by Product, 2018 to 2033Table 23: Europe Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 24: Europe Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033Table 26: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033Table 27: Asia Pacific Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 28: Asia Pacific Market Volume (Units) Forecast by Product, 2018 to 2033Table 29: Asia Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 30: Asia Pacific Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033Table 32: MEA Market Volume (Units) Forecast by Country, 2018 to 2033Table 33: MEA Market Value (US$ Million) Forecast by Product, 2018 to 2033Table 34: MEA Market Volume (Units) Forecast by Product, 2018 to 2033Table 35: MEA Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033Table 36: MEA Market Volume (Units) Forecast by Distribution Channel, 2018 to 2033
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List of Charts
Figure 1: Global Market Value (US$ Million) by Product, 2023 to 2033Figure 2: Global Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033Figure 8: Global Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 9: Global Market Volume (Units) Analysis by Product, 2018 to 2033Figure 10: Global Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 11: Global Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 12: Global Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 13: Global Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 14: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 15: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 16: Global Market Attractiveness by Product, 2023 to 2033Figure 17: Global Market Attractiveness by Distribution Channel, 2023 to 2033Figure 18: Global Market Attractiveness by Region, 2023 to 2033Figure 19: North America Market Value (US$ Million) by Product, 2023 to 2033Figure 20: North America Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033Figure 26: North America Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 27: North America Market Volume (Units) Analysis by Product, 2018 to 2033Figure 28: North America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 29: North America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 30: North America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 31: North America Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 32: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 33: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 34: North America Market Attractiveness by Product, 2023 to 2033Figure 35: North America Market Attractiveness by Distribution Channel, 2023 to 2033Figure 36: North America Market Attractiveness by Country, 2023 to 2033Figure 37: Latin America Market Value (US$ Million) by Product, 2023 to 2033Figure 38: Latin America Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033Figure 44: Latin America Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 45: Latin America Market Volume (Units) Analysis by Product, 2018 to 2033Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 48: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 49: Latin America Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 50: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 52: Latin America Market Attractiveness by Product, 2023 to 2033Figure 53: Latin America Market Attractiveness by Distribution Channel, 2023 to 2033Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033Figure 55: Europe Market Value (US$ Million) by Product, 2023 to 2033Figure 56: Europe Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033Figure 59: Europe Market Volume (Units) Analysis by Country, 2018 to 2033Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033Figure 62: Europe Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 63: Europe Market Volume (Units) Analysis by Product, 2018 to 2033Figure 64: Europe Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 66: Europe Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 67: Europe Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 68: Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 69: Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 70: Europe Market Attractiveness by Product, 2023 to 2033Figure 71: Europe Market Attractiveness by Distribution Channel, 2023 to 2033Figure 72: Europe Market Attractiveness by Country, 2023 to 2033Figure 73: Asia Pacific Market Value (US$ Million) by Product, 2023 to 2033Figure 74: Asia Pacific Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033Figure 77: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 81: Asia Pacific Market Volume (Units) Analysis by Product, 2018 to 2033Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 85: Asia Pacific Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 88: Asia Pacific Market Attractiveness by Product, 2023 to 2033Figure 89: Asia Pacific Market Attractiveness by Distribution Channel, 2023 to 2033Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033Figure 91: MEA Market Value (US$ Million) by Product, 2023 to 2033Figure 92: MEA Market Value (US$ Million) by Distribution Channel, 2023 to 2033Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033Figure 95: MEA Market Volume (Units) Analysis by Country, 2018 to 2033Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033Figure 98: MEA Market Value (US$ Million) Analysis by Product, 2018 to 2033Figure 99: MEA Market Volume (Units) Analysis by Product, 2018 to 2033Figure 100: MEA Market Value Share (%) and BPS Analysis by Product, 2023 to 2033Figure 101: MEA Market Y-o-Y Growth (%) Projections by Product, 2023 to 2033Figure 102: MEA Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033Figure 103: MEA Market Volume (Units) Analysis by Distribution Channel, 2018 to 2033Figure 104: MEA Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033Figure 105: MEA Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033Figure 106: MEA Market Attractiveness by Product, 2023 to 2033Figure 107: MEA Market Attractiveness by Distribution Channel, 2023 to 2033Figure 108: MEA Market Attractiveness by Country, 2023 to 2033
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