Household appliances market in Europe 2022-2026. The analyst has been monitoring the Europe home appliance market and it is poised to grow by USD 20.4 billion during the period 2022-2026, growing at a CAGR of 3.
New York, April 13, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Household Appliances Market in Europe 2022-2026” – https://www.reportlinker.com/p04213488/?utm_source=GNW
69% over the forecast period. Our Europe Home Appliances Market report provides comprehensive analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis covering approximately 25 vendors.
The report offers up-to-date analysis regarding the current market scenario, latest trends and drivers, and overall market environment. The market is driven by product innovation and portfolio extension leading to product premiumization, growing internet and smartphone penetration, and increased usage of wireless connection devices and the Internet of Things (IoT) driving the demand for smart devices.
The Europe home appliance market analysis includes distribution channel, product segments and geographical landscape.
The home appliance market in Europe is segmented as follows:
By distribution channel
• In line
• Large appliances
• Small appliances
By geographical landscape
This study identifies the introduction of multi-functional products as one of the main reasons for the growth of the household appliances market in Europe over the next few years. In addition, increased adoption of smart home appliances and increase in mergers and acquisitions and new operational setup activities will drive significant demand in the market.
The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources by analysis of key parameters. Our report on the household appliances market in Europe covers the following areas:
• Sizing of the household appliances market
• Appliance market forecasts
• Industry analysis of the household appliances market
This robust vendor analysis is designed to help clients improve their position in the market, and in line with this, this report provides a detailed analysis of several leading vendors in the Europe Household Appliances Market including AB Electrolux, Arcelik AS, DeLonghi Spa, Dyson Technology India Pvt. Ltd., Gorenje Group, Groupe SEB, Haier Smart Home Co. Ltd., Hamilton Beach Brands Holding Co., Koninklijke Philips NV, LG Electronics Inc., Midea India Pvt. Ltd., Miele and Co. KG, Newell Brands Inc., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Smeg Spa, Spectrum Brands Holdings Inc., Techtronic Industries Co. Ltd. and Whirlpool Corp. , the Europe Home Appliances Market analysis report includes information on upcoming trends and challenges that will influence the market growth. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.
The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources through analysis of key parameters such as profit, price, competition and specials. It presents various facets of the market by identifying the major industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p04213488/?utm_source=GNW
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