The average revenue per household in the 'Major Appliances' segment of the household appliances market in Hong Kong was forecast to continuously increase between 2025 and 2030 by in total ***** U.S. dollars (+***** percent). After the ***** consecutive increasing year, the average revenue per household is estimated to reach ****** U.S. dollars and therefore a new peak in 2030. Notably, the average revenue per household of the 'Major Appliances' segment of the household appliances market was continuously increasing over the past years.Find more key insights for the average revenue per household in countries and regions like the volume in the 'Washing Machines' segment of the household appliances market in the world and the revenue in the 'Small Kitchen Appliances' segment of the household appliances market in Brazil. The Statista Market Insights cover a broad range of additional markets.

Over the last two observations, the average revenue per household is forecast to significantly increase in all segments. As part of the positive trend, the average revenue per household reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Major Appliances, which has the highest value of 588.13 U.S. dollars. Find further statistics on other topics such as a comparison of the average volume per household in Kuwait and a comparison of the price per unit in the world. The Statista Market Insights cover a broad range of additional markets.

The Hong Kong market for domestic, non-electric, cooking or heating appliances contracted dramatically to $9.1M in 2024, with a decrease of -46.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a abrupt contraction. As a result, consumption reached the peak level of $33M.

In the financial year 2021, retail sales value of home appliances and consumer electronics through online channels in Hong Kong amounted to around 7.2 billion Hong Kong dollars. As estimated, the overall home appliances and consumer electronics retail market had started to recover from the pandemic gloom, in the mean time, share of online retail sales would further expand.

In 2024, after three years of growth, there was significant decline in the Hong Kong domestic appliances market, when its value decreased by -17.3% to $668M. The market value increased at an average annual rate of +1.4% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $1B. From 2014 to 2024, the growth of the market failed to regain momentum.

In 2024, the Hong Kong metal solid fuel appliances market decreased by -20.4% to $8M, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $11M. From 2023 to 2024, the growth of the market remained at a lower figure.

This graph displays the share of the household electrical appliance exports from Hong Kong from 2014 to June 2016, by end market. In 2015, about 29 percent of the household electrical appliance exports from Hong Kong went to the United States.

The Hong Kong domestic electro-thermic appliances market declined slightly to $251M in 2024, remaining stable against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $358M. From 2016 to 2024, the growth of the market remained at a lower figure.

The average revenue per household in the household appliances market in Bahrain was forecast to continuously increase between 2025 and 2030 by in total ***** U.S. dollars (****** percent). After the ***** consecutive increasing year, the average revenue per household is estimated to reach ******** U.S. dollars and therefore a new peak in 2030. Notably, the average revenue per household of the household appliances market was continuously increasing over the past years.Find more key insights for the average revenue per household in countries and regions like the average revenue per household in the household appliances market in Hong Kong and the average volume per household in the 'Small Appliances' segment of the household appliances market in Bahrain. The Statista Market Insights cover a broad range of additional markets.

Hong Kong Facility Management Market size was valued at USD 4.41 Billion in 2024 and is projected to reach USD 7.98 Billion by 2032, growing at a CAGR of 7.7% from 2026 to 2032.

Hong Kong Facility Management Market Drivers

1. Growing Interest in High-End and Intelligent Appliances The market is expanding due to rising customer demand for upscale, high-tech refrigerators with intelligent features like voice control, Wi-Fi connectivity, and AI-powered temperature control.
2. Increasing Urbanization and Shifts in Lifestyle Large-capacity freezers that provide superior storage options are in greater demand due to the growing urban population and contemporary lifestyle trends, particularly for houses with multiple people.
3. Raising Living Standards and Disposable Income Side-by-side refrigerators are becoming more popular in the premium market in Germany as a result of consumers' increased ability to afford luxury and energy-efficient home appliances.

Statistics illustrates market overview of domestic appliances; non-electric, parts thereof, of iron or steel in Hong Kong SAR from 2007 to 2024.

Over the last two observations, the volume is forecast to significantly increase in all segments. Especially notable is the remarkably robust growth observed in the Small Kitchen Appliances segment as we approach the end of the forecast period. This value, reaching 28.6 million pieces, stands out significantly compared to the average changes, which are estimated at 5.44 million pieces. Find further statistics on other topics such as a comparison of the average revenue per household in Hong Kong and a comparison of the average volume per household in Equatorial Guinea. The Statista Market Insights cover a broad range of additional markets.

In the financial year 2021, retail sales value of home appliances and consumer electronics in Hong Kong amounted to around **** billion Hong Kong dollars. The same financial year had seen the start of a recovery path of the home appliances and consumer electronics retail market in Hong Kong, with a projected retail sales value in the financial year 2026 surpassing the pre-pandemic peak over the measured period .

The Hong Kong appliance part brush market was finally on the rise to reach $9.2M in 2024, after two years of decline. In general, consumption posted modest growth. Appliance part brush consumption peaked at $13M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

Comprehensive dataset of 31 Appliances customer services in Hong Kong as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Hong Kong E-commerce Market size was valued to be USD 7.9 Billion in the year 2024, and it is expected to reach USD 20.85 Billion in 2032, at a CAGR of 12.9% over the forecast period of 2026 to 2032.Hong Kong E-commerce Market DriversCross-border E-commerce Expansion: Hong Kong's strategic location and free trade regulations will boost cross-border e-commerce growth, allowing enterprises to access international markets, streamline logistics, and meet expanding consumer demand for global products. Hong Kong's advantageous location has fueled the cross-border e-commerce expansion, with transaction values increasing by 32% yearly since 2022. The market today handles approximately HK$78 billion in cross-border sales, accounting for 47% of all e-commerce transactions.Mobile Commerce Dominance: Mobile-optimized platforms, app-based shopping, and seamless payment connections will improve convenience, hence increasing online transactions and consumer engagement. Mobile shopping accounts for 76% of all e-commerce transactions in Hong Kong, with smartphone penetration reaching 93%. The average mobile transaction value grew 28% year on year, hitting HK$1,450 per purchase, as consumers adopted frictionless mobile payment alternatives.Digital Payment Innovation: The use of e-wallets, contactless payments, and blockchain technology will improve transaction security and speed in the Hong Kong e-commerce business. Seamless digital payment solutions will increase consumer involvement and online sales growth. Consumers in Hong Kong have adopted digital wallets at a rate of 83%, with transaction volumes increasing by 41% annually. Alternative payment systems now process HK$127 billion per year, with contactless and QR-based payments increasing at a 35% CAGR.

Egg Waffle Machines Market Outlook

As of 2023, the global egg waffle machines market size is estimated to be valued at approximately USD 150 million, with a projected growth to USD 250 million by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 6.5%. The increasing demand for convenient and innovative snacking options, coupled with the rise in popularity of egg waffles as a trendy street food item, is driving the market growth. The market is experiencing robust dynamics driven by the foodservice industry's expansion, urbanization, and changing consumer preferences towards aesthetically pleasing and versatile food products.

One of the primary growth factors for the egg waffle machines market is the burgeoning food and beverage industry globally. The increasing number of cafés, restaurants, and food trucks offering diverse culinary experiences has heightened the demand for specialized kitchen equipment, including egg waffle machines. The versatility of egg waffles, which can be customized with various toppings and fillings, also contributes to their popularity, fueling market growth. Additionally, the rising trend of home cooking and baking, particularly during the COVID-19 pandemic, has further bolstered the demand for these machines in residential settings.

Technological advancements in kitchen appliances are another crucial growth factor. Modern egg waffle machines come equipped with features such as non-stick coatings, temperature control, and ergonomic designs, making them more user-friendly and efficient. The convenience offered by electric egg waffle machines, in particular, has made them a preferred choice among both commercial and residential users. The growing trend of smart kitchens and the integration of IoT in kitchen appliances are expected to create new opportunities for market expansion.

The increasing influence of social media and food bloggers is also playing a significant role in the market's growth. Egg waffles have gained immense popularity on platforms like Instagram and TikTok, where visually appealing food items often go viral. This online exposure has not only increased consumer interest but also encouraged eateries to add egg waffles to their menus, thereby boosting the demand for egg waffle machines. The trend of food innovation and experimentation is likely to sustain the market's momentum in the coming years.

In addition to the advancements in egg waffle machines, the Electric Takoyaki Maker is gaining traction in the culinary appliance market. Known for its ability to create perfectly round and delicious takoyaki balls, this appliance is becoming a favorite among food enthusiasts who enjoy experimenting with traditional Japanese street food at home. The Electric Takoyaki Maker offers features such as non-stick plates and adjustable temperature controls, making it easy for users to achieve the desired texture and flavor. As more consumers seek to diversify their home cooking experiences, the demand for such specialized appliances is expected to rise, complementing the growth of the egg waffle machines market.

In terms of regional outlook, Asia Pacific currently dominates the egg waffle machines market, driven by the traditional popularity of egg waffles in countries like Hong Kong and their subsequent adoption across the region. North America and Europe are also significant markets, with a growing number of specialty food outlets and the influence of food trends from Asia Pacific. The Middle East & Africa and Latin America regions are expected to show steady growth as well, aided by increasing urbanization and a growing middle class with disposable incomes.

Product Type Analysis

The egg waffle machines market can be segmented by product type into electric egg waffle machines and gas egg waffle machines. Electric egg waffle machines are currently the most popular segment, owing to their ease of use and efficiency. These machines often come with features like adjustable temperature settings, non-stick plates, and automatic timers, making them highly convenient for both commercial and residential use. The increasing trend of modern kitchens equipped with advanced appliances is contributing significantly to the demand for electric egg waffle machines.

Electric egg waffle machines are particularly favored in residential settings due to their user-friendly nature and safety features. The rising trend of home baking and cooking, fueled by the COVID-19 p

According to a survey on household appliances conducted by Rakuten Insight among consumers across the Asia-Pacific (APAC) region in December 2024, washing machines, refrigerators, and televisions were the most commonly owned household appliances among surveyed markets in the Asia-Pacific region. Notably, air conditioner ownership was more prevalent in East Asian markets like China, Hong Kong, South Korea, and Taiwan, exceeding ** percent of respondents, than the South and Southeast Asian counterparts where ownership rates were generally lower.

Credit report of Hong Kong Gree Electric Appliances Sales Limited contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.

The Hong Kong mechano-therapy appliances market declined significantly to $35M in 2024, with a decrease of -17.8% against the previous year. Over the period under review, consumption recorded a pronounced downturn. Over the period under review, the market reached the peak level at $113M in 2020; however, from 2021 to 2024, consumption failed to regain momentum.