Electric Household Appliances: Global Strategic Business Report

Report
248 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 354887

Global Electric Household Appliances Market to Reach 2.1 Billion Units by 2030

The global market for Electric Household Appliances estimated at 1.5 Billion Units in the year 2022, is projected to reach a revised size of 2.1 Billion Units by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030. Major Household Appliances, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach 1.2 Billion Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Small Household Appliances segment is readjusted to a revised 3.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at 409.2 Million Units, While China is Forecast to Grow at 7.2% CAGR

The Electric Household Appliances market in the U.S. is estimated at 409.2 Million Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 438.7 Million Units by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 151 Featured) -

AB Electrolux
GE Appliances
Groupe SEB
Haier Group
Hamilton Beach Brands Inc.
Hitachi Appliances Inc.
Jarden Consumer Solutions
LG Electronics
Miele & CIE, KG
Mitsubishi Electric Corp.
Panasonic Corp.
Samsung Electronics Co., Ltd.
Whirlpool Corp.

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Recent Market Activity
Electric Household Appliances - Global Market Overview
Regional Landscape
Major Household Appliances Market
Small Household Appliances Market
Key Product Trends in the Household Electric Appliances
Electric Household Appliances - Global Key Competitors Percentage Market Share in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growth of the Residential Construction Sector Bodes Well for Market Expansion
Skyrocketing Electricity Prices Remain a Challenge
Ballooning Global Population Pushes Demand
Rapid Urbanization Spurs Demand for Household Appliances
Burgeoning Middle Class Population Spurs Market Growth
Rising Standard of Living Drive Market Growth
Building Renovations & Home Restructuring Projects Offer Growth Opportunities
Transition in Family Systems Drive Demand
Energy Efficient Appliances Grow in Demand
Technology Innovations Spearhead Market Growth
Emerging Design Trends in Home Appliances Market during 2018
Technological Innovations in the Major Household Appliances Segment
Smart Technology in Major Household Appliances
Trend towards Transitional Kitchens Drive Demand
Ballooning Ageing Population Drives Demand for Ergonomically Designed Appliances
LED Lights Widespread Popularity in Home Appliances
Quest for the Sound of Silence
Plastics Replace Metals in Appliances
Internet Sales Continue to Grab Market Share
Social Networks and Home Appliances: An Effective Combination
Rising Electricity Costs Dampen Growth Prospects

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Electric Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Electric Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 3: World 18-Year Perspective for Electric Household Appliances by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2023 & 2030
Table 4: World Recent Past, Current & Future Analysis for Major Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 5: World Historic Review for Major Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 6: World 18-Year Perspective for Major Household Appliances by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for Small Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 8: World Historic Review for Small Household Appliances by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 9: World 18-Year Perspective for Small Household Appliances by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 10: World Recent Past, Current & Future Analysis for Washing Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 11: World Historic Review for Washing Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 12: World 18-Year Perspective for Washing Machines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 13: World Recent Past, Current & Future Analysis for Refrigerators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 14: World Historic Review for Refrigerators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 15: World 18-Year Perspective for Refrigerators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 16: World Recent Past, Current & Future Analysis for Room ACs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 17: World Historic Review for Room ACs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 18: World 18-Year Perspective for Room ACs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 19: World Recent Past, Current & Future Analysis for Irons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 20: World Historic Review for Irons by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 21: World 18-Year Perspective for Irons by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 22: World Recent Past, Current & Future Analysis for Vacuum Cleaners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 23: World Historic Review for Vacuum Cleaners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 24: World 18-Year Perspective for Vacuum Cleaners by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 25: World Recent Past, Current & Future Analysis for Coffee Makers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 26: World Historic Review for Coffee Makers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 27: World 18-Year Perspective for Coffee Makers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 28: World Recent Past, Current & Future Analysis for Toasters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 29: World Historic Review for Toasters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 30: World 18-Year Perspective for Toasters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 31: World Recent Past, Current & Future Analysis for Mixers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 32: World Historic Review for Mixers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 33: World 18-Year Perspective for Mixers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 34: World Recent Past, Current & Future Analysis for Microwave Ovens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 35: World Historic Review for Microwave Ovens by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 36: World 18-Year Perspective for Microwave Ovens by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 37: World Recent Past, Current & Future Analysis for Can Openers (Electric) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 38: World Historic Review for Can Openers (Electric) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 39: World 18-Year Perspective for Can Openers (Electric) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 40: World Recent Past, Current & Future Analysis for Blenders by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 41: World Historic Review for Blenders by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 42: World 18-Year Perspective for Blenders by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 43: World Recent Past, Current & Future Analysis for Food Processors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 44: World Historic Review for Food Processors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 45: World 18-Year Perspective for Food Processors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 46: World Recent Past, Current & Future Analysis for Water Heaters (Electric) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 47: World Historic Review for Water Heaters (Electric) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 48: World 18-Year Perspective for Water Heaters (Electric) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 49: World Recent Past, Current & Future Analysis for Range Hoods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 50: World Historic Review for Range Hoods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 51: World 18-Year Perspective for Range Hoods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 52: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 53: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 54: World 18-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 55: World Recent Past, Current & Future Analysis for Specialty Store by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 56: World Historic Review for Specialty Store by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 57: World 18-Year Perspective for Specialty Store by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 58: World Recent Past, Current & Future Analysis for Supermarket & Hypermarket by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 59: World Historic Review for Supermarket & Hypermarket by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 60: World 18-Year Perspective for Supermarket & Hypermarket by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 61: World Recent Past, Current & Future Analysis for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 62: World Historic Review for Other Distribution Channels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 63: World 18-Year Perspective for Other Distribution Channels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 64: World Recent Past, Current & Future Analysis for eCommerce by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2022 through 2030 and % CAGR
Table 65: World Historic Review for eCommerce by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Thousand Units for Years 2012 through 2021 and % CAGR
Table 66: World 18-Year Perspective for eCommerce by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2023 & 2030
Table 67: World Electric Household Appliances Market Analysis of Annual Sales in Thousand Units for Years 2012 through 2030

III. MARKET ANALYSIS

UNITED STATES

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)

CANADA

JAPAN

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)

CHINA

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)

EUROPE

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)

FRANCE

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)

GERMANY

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)

ITALY

UNITED KINGDOM

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)

AUSTRALIA

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)

INDIA

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Electric Household Appliances Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

AB Electrolux
GE Appliances
Groupe SEB
Haier Group
Hamilton Beach Brands Inc.
Hitachi Appliances Inc.
Jarden Consumer Solutions
LG Electronics
Miele & CIE, KG
Mitsubishi Electric Corp.
Panasonic Corp.
Samsung Electronics Co., Ltd.
Whirlpool Corp.

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Global Electric Household Appliances Market to Reach 2.1 Billion Units by 2030

The U.S. Market is Estimated at 409.2 Million Units, While China is Forecast to Grow at 7.2% CAGR

Select Competitors (Total 151 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

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