Household Appliances Market Growth Opportunity and Future Forecast 2018-2025 | Key Players include AB Electrolux, Qingdao Haier Co., Ltd., Hitachi, Ltd.

According to a new report titled, “Household Appliances Market by Product and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global household appliances market size was valued at $501,532 million in 2017, and is projected to reach $763,451 million by 2025, growing at a CAGR of 5.4% from 2018 to 2025. In 2017, the U.S. household appliances market accounted for nearly 17% of the global household appliances market.

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Household appliances can be categorized into major appliances or white goods, small appliances, and consumer electronics. The household appliances market growth is attributed to increase in technological advancement, rapid urbanization, growth of the housing sector, rise in per capita income, improvement in living standard, surge in need for comfort in household chores, changes in consumer lifestyle, and escalation in number of smaller households. In addition, inclination of consumers toward eco-friendly & energy-efficient appliances further boost the market growth.

The Major players reported in the market include:

The key players profiled in this report include AB Electrolux; Qingdao Haier Co., Ltd. (Haier); Hitachi, Ltd.; LG Electronics Inc. (LG); Midea Group Co., Ltd. (Midea); Panasonic Corporation (Panasonic); Robert Bosch GmbH; Samsung Electronics Co., Ltd.; Sharp Corporation (Sharp); and Whirlpool Corporation.

KEY BENEFITS

The study provides an in-depth analysis of the Household Appliances market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2018-2025 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

By Product

Refrigerator

Air Conditioner & Heater

Entertainment & Information Appliances

Washing Machine

Cleaning Appliance

Cooktop, Cooking Range, Microwave & Oven

Others

By Distribution Channel

Supermarket & Hypermarket

Specialty Stores

e-Commerce

Others

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD HOUSEHOLD APPLIANCES MARKET, BY END USER

CHAPTER 5 WORLD HOUSEHOLD APPLIANCES MARKET, BY APPLICATION

CHAPTER 6 WORLD HOUSEHOLD APPLIANCES MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

Key findings of the Household Appliances Market:

In terms of value, the refrigerator segment is expected to grow at a CAGR of 6.4% during the forecast period.

North America is expected to dominate the market, registering a significant CAGR of 4.6% in terms of value.

Asia-Pacific is projected to show exponential growth throughout the forecast years, growing at a CAGR 6.3%, in terms of value.

The specialty store distribution channel is anticipated to dominate global household appliances market, registering a CAGR of 5.0%.

China accounted for more than one-third of the total Asia-Pacific household appliances market in 2017.

In the global household appliances market, India is expected to grow at a CAGR of 8.3% in terms of value.

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Posted by on Wednesday June 12 2019, 6:15 PM EDT. All trademarks acknowledged. Filed under Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks are open. Follow responses: RSS 2.0

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