Household appliances retailing market is expected to grow at a significant CAGR during the forecast period. Major appliances are large household appliances that are used for daily housekeeping tasks such as food preservation laundry, cooking, and so on. They are often provided with unique connections such as plumbing, ventilation arrangements, and electrical, gas, limiting their mobility around the house. Small appliances are equipment that is semi-portable or portable and are typically used on platforms such as counter-tops and tabletops. Humidifiers and electric kettles, dehumidifiers, irons, blenders, coffee machines, air purifiers, and other appliances.
Increasing technological advancements, rapid urbanization, growth in the housing sector, rise in per capita income, improved living standards, the surge in need for comfort in household chores, change in consumer lifestyle, and an increasing number of smaller households are the key factors driving the global household appliances market. Refrigerators are regarded as a safe, simple, and easy method of preserving food and food items. Rising disposable income, the availability of smart and energy-efficient refrigerator units, and the expansion of joint families are all contributing to an increase in demand for refrigerators for home applications. Furthermore, customer preference for eco-friendly and energy-efficient appliances drives market expansion.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment covered
- By Type
- By Application
Region covered
- North America
- Europe
- Asia-pacific
- Rest of world
- Competitive Landscape- Samsung Electronics, LG Electronics, Whirlpool, Haier, and Bosch, among others.
Household Appliances Retailing Market by Segment
By Type
- Air Conditioners & Heaters
- Laundry Appliances
- Dishwashers
- Cooking Appliances
- Storage Appliances
- Entertainment & Infotainment Appliances
- Others
By Distribution
- Supermarkets & Hypermarkets
- Retail
- E-Commerce
- Direct
- Others
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Household Appliances Retailing Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
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