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Consumer Appliances Trends and Forecast
The future of the global consumer appliances market looks promising with opportunities in the domestic and professional markets. The global consumer appliances market is expected to reach an estimated $576.1 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are Increasing the use of little gadgets like hair dryers, toasters, and irons and rise in the use of cutting-edge kitchen equipment and an increase in purchasing power.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Consumer Appliances by Segment
The study includes a forecast for the global consumer appliances by product type, sales channel, end use industry, and region

Consumer Appliances Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Kitchen Appliances
• Small Appliances
• Washing Machine
• Air Purifiers
• Water Heaters
• Water Purifiers
• Cloth Dryers/Tumblers
• Air Conditioners
• Vacuum Cleaners


Consumer Appliances Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
• Offline
• Online

Consumer Appliances Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Domestic
• Professional

Consumer Appliances Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Consumer Appliances Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies consumer appliances companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the consumer appliances companies profiled in this report include-
• AB Electrolux
• Qingdao Haier
• Hitachi
• LG Electronics
• Midea
• Panasonic Corporation
• Robert Bosch
• Samsung Electronics
• Sharp Corporation
• Whirlpool Corporation


Consumer Appliances Market Insights

Lucintel forecast that kitchen appliances is expected to witness highest growth over the forecast period due to growing number of eateries, lodging facilities, and hotels.
Within this market, domestic will remain the largest segment due to growing consumer living expectations and fast-paced lives

APAC is expected to witness highest growth over the forecast.

Features of the Global Consumer Appliances Market
Market Size Estimates: Consumer appliances market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Consumer appliances market size by product type, sales channel, end use industry, and region in terms of value ($B).
Regional Analysis: Consumer appliances market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, sales channel, end use industry, and regions for the consumer appliances market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the consumer appliances market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ
Q.1 What is the consumer appliances market size?
Answer: The global consumer appliances market is expected to reach an estimated $576.1 billion by 2030.
Q.2 What is the growth forecast for consumer appliances market?
Answer: The global consumer appliances market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the consumer appliances market?
Answer: The major drivers for this market are Increasing the use of little gadgets like hair dryers, toasters, and irons and rise in the use of cutting-edge kitchen equipment and an increase in purchasing power.
Q4. What are the major segments for consumer appliances market?
Answer: The future of the consumer appliances market looks promising with opportunities in the domestic and professional markets.
Q5. Who are the key consumer appliances market companies?
Answer: Some of the key consumer appliances companies are as follows:
• AB Electrolux
• Qingdao Haier
• Hitachi
• LG Electronics
• Midea
• Panasonic Corporation
• Robert Bosch
• Samsung Electronics
• Sharp Corporation
• Whirlpool Corporation
Q6. Which consumer appliances market segment will be the largest in future?
Answer:Lucintel forecast that kitchen appliances is expected to witness highest growth over the forecast period due to growing number of eateries, lodging facilities, and hotels.
Q7. In consumer appliances market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the consumer appliances market by product type (kitchen appliances, small appliances, washing machine,air purifiers, water heaters, water purifiers, cloth dryers/tumblers, air conditioners, and vacuum cleaners), sales channel (offline and online), end use industry (domestic and professional), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to consumer appliances market or related to consumer appliances companies, consumer appliances market size, consumer appliances market share, consumer appliances market growth, consumer appliances market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents

1. Executive Summary

2. Global Consumer Appliances Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Consumer Appliances Market Trends (2018-2023) and Forecast (2024-2030)

3.3: Global Consumer Appliances Market by Product Type
3.3.1: Kitchen Appliances
3.3.2: Small Appliances
3.3.3: Washing Machine
3.3.4: Air Purifiers
3.3.5: Water Heaters
3.3.6: Water Purifiers
3.3.7: Cloth Dryers/Tumblers
3.3.8: Air Conditioners
3.3.9: Vacuum Cleaners


3.4: Global Consumer Appliances Market by Sales Channel
3.4.1: Offline
3.4.2: Online

3.5: Global Consumer Appliances Market by End Use Industry
3.5.1: Domestic
3.5.2: Professional


4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Consumer Appliances Market by Region
4.2: North American Consumer Appliances Market
4.2.1: North American Consumer Appliances Market by Product Type : Kitchen Appliances, Small Appliances, Washing Machine, Air Purifiers, Water Heaters, Water Purifiers, Cloth Dryers/Tumblers, Air Conditioners , Vacuum Cleaners
4.2.2: North American Consumer Appliances Market by End Use Industry: Domestic and Professional


4.3: European Consumer Appliances Market
4.3.1: European Consumer Appliances Market by Product Type: Kitchen Appliances, Small Appliances, Washing Machine, Air Purifiers, Water Heaters, Water Purifiers, Cloth Dryers/Tumblers, Air Conditioners , Vacuum Cleaners
4.3.2: European Consumer Appliances Market by End Use Industry: Domestic and Professional



4.4: APAC Consumer Appliances Market
4.4.1: APAC Consumer Appliances Market by Product Type : Kitchen Appliances, Small Appliances, Washing Machine, Air Purifiers, Water Heaters, Water Purifiers, Cloth Dryers/Tumblers, Air Conditioners , Vacuum Cleaners
4.4.2: APAC Consumer Appliances Market by End Use Industry: Domestic and Professional


4.5: ROW Consumer Appliances Market
4.5.1: ROW Consumer Appliances Market by Product Type : Kitchen Appliances, Small Appliances, Washing Machine, Air Purifiers, Water Heaters, Water Purifiers, Cloth Dryers/Tumblers, Air Conditioners , Vacuum Cleaners
4.5.2: ROW Consumer Appliances Market by End Use Industry: Domestic and Professional

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Consumer Appliances Market by Product Type
6.1.2: Growth Opportunities for the Global Consumer Appliances Market by Sales Channel
6.1.3: Growth Opportunities for the Global Consumer Appliances Market by End Use Industry
6.1.4: Growth Opportunities for the Global Consumer Appliances Market Region

6.2: Emerging Trends in the Global Consumer Appliances Market

6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Consumer Appliances Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Consumer Appliances Market
6.3.4: Certification and Licensing


7. Company Profiles of Leading Players
7.1: AB Electrolux
7.2: Qingdao Haier
7.3: Hitachi
7.4: LG Electronics
7.5: Midea
7.6: Panasonic Corporation
7.7: Robert Bosch
7.8: Samsung Electronics
7.9: Sharp Corporation
7.10: Whirlpool Corporation
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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