Home Household machines $89.50 billion growth in home appliance market

$89.50 billion growth in home appliance market

0

NEW YORK, June 27, 2022 /PRNewswire/ — The latest market analysis report titled Household Appliances Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025 was recently added to the Technavio catalog. The difference in potential market growth is expected to reach $89.50 billion from 2020 to 2025, according to Technavio’s latest market analysis report. The report is expected to witness a deceleration in growth momentum at a CAGR of 4% during the forecast period.

Technavio has announced its latest market research report titled Household Appliances Market by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025

See sample market report to get more information about CAGR and YOY Growth Variance
analysis

Home Appliances Market Vendor Landscape

  • The market is fragmented and the degree of fragmentation will slow down over the forecast period. Competitors should focus on differentiating their product offerings with unique value propositions to strengthen their market presence.

  • Market sellers also need to take advantage of existing growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.

  • To make the most of the opportunities and recover from the post-pandemic impact, market vendors are expected to focus more on growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.

  • The Household Appliances Market forecast report offers in-depth information about key vendor profiles. The profiles include production, sustainability and outlook information from key companies.

Key Players of Home Appliances Market:

  • AB Electrolux: The company offers household appliances such as wall ovens, microwaves, dishwashers, refrigerators, etc.

  • Haier Smart Home Co.Ltd. : The Company offers household appliances such as refrigerators, washing machines, air conditioners, water heaters, kitchen appliances, small household appliances and smart home scene solutions.

  • Hitachi Ltd. : The company offers household appliances such as refrigerators, washing machines, air conditioners and others.

  • LG Electronics Inc.: The company offers household appliances such as refrigerators, washing machines, air conditioners, water heaters, kitchen appliances and other appliances.

  • MIDEA GROUP: The company offers household appliances such as refrigerators, dishwashers, air conditioners, microwaves and others.

Some other providers classified as dominant players are:

Want to know more about the product offerings of the dominant players? Purchase report
Now!

Highlights of the revenue-generating segment of the household appliances market

  • Product

  • Distribution channel

  • Geography

Download sample report for additional information on contributing segments

Home Appliances Market Scope

Technavio categorizes the global home appliance market as part of the global household durable goods market. Our report provides detailed insights on the value chain analysis for Home Appliances Market which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market through the study, synthesis and summation of data from several sources. The Household Appliances Market report covers the following areas:

appliance market

  • Market CAGR over the forecast period 2021-2025

  • Detailed information on the factors that will contribute to the growth of the Home Appliances Market during the
    the next five years

  • Estimation of the size of the home appliance market and its contribution to the parent company
    market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the appliance market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Full Details of Factors That Will Challenge Home Appliances Growth
    market, vendors

Related reports:

Induction Cookers Market by Product, Distribution Channel and Geography – Forecast and
Analysis 2021-2025

Bread Machine Market by Product and Geography – Forecast and Analysis 2021-2025

Smart Air Purifiers Market by Product, Technology and Geography – Forecast and
Analysis 2022-2026

Dishwasher Market by Product, Distribution Channel and Geography – Forecast and
Analysis 2021-2025

Home Appliances Market Scope

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Decelerate at a CAGR of 4%

Market Growth 2021-2025

$89.50 billion

Market structure

Fragmented

Annual growth (%)

21.36

Regional analysis

APAC, Europe, North America, South America and MEA

Successful market contribution

APAC 53%

Main consumer countries

China, United States, Japan, Germany and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., LG Electronics Inc., MIDEA GROUP, Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Transform SR Brands LLC and Whirlpool Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

  • Five Forces Analysis 2020 & 2025

  • The bargaining power of buyers

  • Bargaining power of suppliers

  • The threat of new entrants

  • The threat of substitutes

  • Threat of rivalry

  • Market state

Market segmentation by product

  • Market segments

  • Comparison by product

  • Major Appliances – Market size and forecast 2020-2025

  • Small Household Appliances – Market size and forecast 2020-2025

  • Market opportunity by product

Market segmentation by distribution channel

  • Market segments

  • Comparison by distribution channel

  • Offline – Market size and forecast 2020-2025

  • Online – Market size and forecast 2020-2025

  • Market opportunity by distribution channel

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC – Market size and forecast 2020-2025

  • Europe – Market size and forecast 2020-2025

  • North America – Market size and forecast 2020-2025

  • South America – Market size and forecast 2020-2025

  • MEA – Market size and forecast 2020-2025

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Insight

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • AB Electrolux

  • Haier Smart Home Co.Ltd.

  • Hitachi Ltd.

  • LG Electronics Inc.

  • MIDEA GROUP

  • Panasonic Corp.

  • Robert Bosch GmbH

  • Samsung Electronics Co.Ltd.

  • Transform SR Brands LLC

  • Whirlpool Corp.

Annex

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

See original content to download multimedia: https://www.prnewswire.com/news-releases/usd-89-50-billion-growth-in-household-appliance-market–emergence-of-ab-electrolux- haier-smart-home-co-ltd-hitachi-ltd-and-lg-electronics-inc-as-prominent-players-technavio-301574967.html

SOURCETechnavio