The Asia-Pacific consumer appliances market is anticipated to grow at a CAGR of 6.9% during the forecast period. The ease of shopping, availability of better products, and development of better supply chains owing to increased penetration of the internet, and online sales channel is providing a lucrative growth to the market. With the utilization of modern-day technologies, retailers are moving their physical stores on various online platforms to capture huge potential consumers in Asia-Pacific. In addition to this, the consumer appliance companies with the region’s origin are also diversifying in terms of products and places which will aid in driving the shares of the Asia-Pacific consumer appliance market. Furthermore, the stable economic growth of the countries and rising disposable income across the region has enabled a large number of new households to invest in consumer appliances.
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The Asia-Pacific consumer appliances market is segmented based on product type, usage, and distribution channels. Based on the product type, the market is segmented into air solutions, entertainment, laundry & cleanliness, connectivity, water solution, kitchen appliances, grooming accessories, wearables, and other consumer appliances. The air solution, entertainment, laundry & cleanliness, connectivity, water solution, and kitchen appliances are further sub-segmented for detailed analysis. Air solution, connectivity, water solution, kitchen appliances, grooming accessories, and wearables are expected to witness significant growth during the forecast period.
On the basis of usage, the market is sub-segmented into personal care/individual and domestic use. Based on the distribution channel, the market is sub-segmented into online and offline. Based on geography, the market is further segmented into China, India, Japan, ASEAN, and the Rest of Europe.
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Asia Pacific Consumer Appliances Market Segmentation
By Product Type
- Air Solution
- HVAC System
- Air Purifier
- Air Cooler
- Fans and Exhaust Fans
- Entertainment
- Television
- Speaker, Smart Speaker &Radio
- Gaming Console
- Digital Camera
- Laundry & Cleanliness
- Washing Machine & Dryers
- Dishwasher
- Vacuum Cleaner
- Connectivity
- Smartphone
- Tablets
- Desktop & Laptop (& Accessories)
- Water Solution
- Water Purifier
- Water Geyser
- Water Pump
- Kitchen Appliances
- Refrigerators
- Microwave
- Mixer & Juicer
- Stove & Hobs
- Other (Electric Chimney, Kettle, Toaster)
- Grooming Accessories (Trimmer, Blower, Straightener, Electric Brush)
- Wearables
- Other Consumer Appliances
By Usage
- Personal Care/Individual
- Domestic Use
By Distribution Channel
- Online
- Offline
Regional Analysis
- Asia-Pacific
- China
- India
- Japan
- ASEAN
Rest of Asia-Pacific
Company Profiles
- Apple Inc.
- Bajaj Electricals Ltd.
- BBK Electronics Corp.
- Carrier Corp.
- Canon Inc.
- Daikin Industries, Ltd.
- Dell Inc.
- Godrej & Boyce Manufacturing Co. Ltd.
- Haier Group Corp.
- Hitachi, Ltd.
- Huawei Technologies Co., Ltd.
- Koninklijke Philips N.V.
- Lenovo Group Ltd.
- LG Electronics Inc.
- Midea Group
- Mitsubishi Electric Corp.
- Nikon Corp.
- Panasonic Corp.
- Rinnai Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sony Corp.
- TCL Technology Group Corp.
- Voltas Ltd.
- Xiaomi Corp.
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