The Global Household Appliances Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The global household appliances market is expected to decline from $334.4 billion in 2019 to $325.9 billion in 2020 at a compound annual growth rate (CAGR) of -2.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $403 billion in 2023.
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Key Market Players:
Samsung Electronics; Panasonic Corporation; Whirlpool Corp; Bosch Gmbh; LG Electronics Inc and Other
The leading players of the Household Appliances industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Household Appliances players will help the industry aspirants in planning their strategies. The statistics offered in this report will be a precise and useful guide to shape the business growth.
Market Segmentation by Types:
Small Electrical Appliance
Household Cooking Appliance
Household Refrigerator And Home Freezer
Household Laundry Equipment
Other Major Household Appliance
Market Segmentation by Applications:
Asia Pacific was the largest region in the global household appliances market, accounting for 48% of the market in 2019. Western Europe was the second largest region accounting for 19% of the global household appliances market. Africa was the smallest region in the global household appliances market.
Regional Analysis For Household Appliances Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The market factors explained in the report:
Market Overview: It includes Household Appliances Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
Executive Summary: The Household Appliances Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Regional Study: All of the regions and countries analyzed in the Household Appliances Market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.
Key Players: This part of the Household Appliances Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.
Market Forecast: Here, the report offers a complete forecast of the global Household Appliances Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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