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The Home Appliances Market Report Segments the Industry Into by Product (Major Appliances (Refrigerators, Freezers, and More), Small Appliances (Coffee Makers, Air Fryers, and More), by Distribution Channel (Multi-Branded Stores, Exclusive Brand Outlets, Online, Other Distribution Channels), and by Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
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The Small Home Appliances Market Report Segments the Industry Into by Product (Coffee Makers, Food Processors, Grills and Roasters, Electric Kettles, and More), by Distribution Channel (Multi-Brand Stores, Exclusive Brand Outlets, Online, and Other Distribution Channels), and by Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).
The volume is forecast to experience significant growth in all segments in 2030. Concerning the two selected segments, the segment Small Appliances has the largest volume with ***** million pieces. Contrastingly, Major Appliances is ranked last, with **** million pieces. Their difference, compared to Small Appliances, lies at ***** million pieces. Find further statistics on other topics such as a comparison of the volume growth in Brazil and a comparison of the revenue in China. The Statista Market Insights cover a broad range of additional markets.
In 2024, the market volume of the electric household appliance industry amounted to around **** trillion yuan. The industry's income decreased slightly as a result of the COVID-19 outbreak.
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Home Appliance Market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2034
The revenue in the 'Small Kitchen Appliances' segment of the household appliances market worldwide was modeled to stand at ************** U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Small Kitchen Appliances.
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U.S. Household Appliances Market size is expected to reach USD 145.7 Billion by 2034, from USD 99.4 Billion in 2024, at a CAGR of 3.9%.
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The European household appliances market, valued at $112.63 billion in 2025, is projected to experience steady growth, driven by several key factors. Rising disposable incomes across major European economies like Germany, the UK, France, and Italy are fueling increased consumer spending on home improvement and upgrading existing appliances. A growing preference for energy-efficient and smart appliances, coupled with increasing urbanization and smaller living spaces, further stimulates market expansion. The online distribution channel is witnessing significant growth, driven by the convenience and wider product selection offered by e-commerce platforms. However, the market faces some restraints. Economic fluctuations and concerns about the environmental impact of appliance production and disposal represent potential challenges. The market is segmented by distribution channel (offline and online) and product type (major and small household appliances). Major appliances, such as refrigerators, washing machines, and ovens, currently dominate the market share, but small appliance sales (e.g., blenders, toasters) are also increasing due to changing lifestyles and consumer preferences. Competitive intensity is high, with leading companies employing diverse strategies, including innovation, branding, and strategic partnerships, to maintain market share. The market is characterized by a mix of established players and emerging brands, creating a dynamic and competitive landscape. The forecast period (2025-2033) anticipates continued growth, with a projected Compound Annual Growth Rate (CAGR) of 4.6%. This growth is expected to be fueled by advancements in technology, resulting in improved appliance features, connectivity, and energy efficiency. Germany, the UK, and France are expected to remain the largest national markets within Europe, reflecting their robust economies and high consumer spending on household goods. However, the market will likely see growth across all major European regions, albeit at varying rates influenced by local economic conditions and consumer preferences. The continued focus on sustainability and eco-friendly appliances will likely shape product development and marketing strategies in the coming years, contributing to the overall market's growth trajectory.
The volume in the household appliances market in India was forecast to continuously increase between 2025 and 2030 by in total **** million pieces (+***** percent). After the tenth consecutive increasing year, the volume is estimated to reach ****** million pieces and therefore a new peak in 2030. Notably, the volume of the household appliances market was continuously increasing over the past years.Find further information concerning the average volume per household in the 'Small Appliances' segment of the household appliances market in Angola and the revenue in the 'Major Appliances' segment of the household appliances market in Indonesia. The Statista Market Insights cover a broad range of additional markets.
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Household Appliances Market is Anticipated to Witness a Significant Annual Growth Rate of 4.5% during the forecast period, till 2029.
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The global household appliance market, valued at $61,357.60 million in 2025, is projected to experience steady growth, driven by several key factors. Rising disposable incomes, particularly in developing economies, are fueling demand for modern conveniences and improved kitchen appliances. The increasing popularity of smart home technology and the integration of connected appliances are also significant drivers, enhancing user experience and efficiency. Furthermore, the shift towards smaller household sizes in urban areas is leading to a greater preference for compact and space-saving appliances, boosting demand for smaller household appliances. Growth in e-commerce platforms is further expanding market access and providing greater convenience for consumers, while innovative product features such as energy efficiency and improved functionalities are also contributing to increased sales. However, fluctuating raw material prices and supply chain disruptions pose potential challenges. While the provided CAGR of 3.66% indicates a moderate growth trajectory, this figure is likely influenced by variations across different segments and regions. For instance, segments like smart appliances and premium models are expected to outperform the overall market average, demonstrating faster growth rates. Conversely, mature markets with high appliance saturation may exhibit lower growth rates. The competitive landscape is characterized by a mix of established global players and regional manufacturers. Key players utilize various strategies including product innovation, strategic partnerships, and mergers and acquisitions to maintain their market share and expand their presence. The market is expected to see continued consolidation in the coming years as companies seek to capitalize on emerging market trends and enhance their efficiency. Increased focus on sustainability and eco-friendly manufacturing processes will also play a crucial role in shaping future market dynamics.
The Europe home appliances market size was valued at USD 110.56 Billion in 2022 and is projected to reach USD 135.67 Billion by 2031, expanding at a CAGR of 2.3% during the forecast period 2023 - 2031. Growth of the market is attributed to the increasing urbanization, growing working population, and emerging demand for smart appliances.
A home appliance is also known as an electric appliance, household appliance, and domestic appliance. A home appliance is a machine which helps in household work such as cleaning, food preservation, and cooking.
The Covid-19 pandemic affected the demand and supply of Europe home appliances market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The revenue in the 'Small Appliances' segment of the household appliances market in the United States was forecast to continuously increase between 2025 and 2030 by in total 6.4 billion U.S. dollars (+20.4 percent). After the eighth consecutive increasing year, the revenue is estimated to reach 37.74 billion U.S. dollars and therefore a new peak in 2030. Find more information concerning Poland and Europe. The Statista Market Insights cover a broad range of additional markets.
in 2013, the market demand of electric household appliances in China increased by **** percent compared to the previous year and was forecasted to keep growing at approximately similar rate until at least 2018.
Electric household appliances market in China
Mainly owing to rising income levels of Chinese consumers and China’s urbanization drive, the electric household appliances market in China has been surging rapidly. As the Chinese income grows, the expanding middle class sets higher demands for household appliances in line with a higher quality of life. How to fulfill users’ needs of more user-friendly, smarter home appliances is one of the biggest challenges that Chinese home appliance companies are facing. Revenues in the electrical appliances sector in China had reached ***** billion yuan in 2013, up from about *** billion yuan in 2009.
In 2019, the leading home appliance manufacturer both in the domestic and global market was the Midea Group with sales amounting to nearly ** billion U.S. dollars. Second in line that year was Gree Electric, one of Midea’s major competitors, with sales amounting to **** billion U.S. dollars.
Despite the positive momentum of the electric household appliances market in China, traditional offline retailers are struggling. Vipshop and JD.com were among the world’s fastest growing retailers between 2013 and 2018, according to Deloitte. In 2019, JD.com was China's second largest e-commerce retailer with the total net revenues of *** billion yuan. In comparison, the largest Chinese offline retail chain Suning Commerce Group generated about *** billion yuan revenue that same year.
The revenue in the household appliances market in Italy was forecast to continuously increase between 2024 and 2029. In 2024, it amounted to around *** billion euros, with major appliances accounting for most of the revenue.
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Home Appliances Market was valued at USD 178.63 Billion in 2023 and is projected to reach USD 225.76 Billion by 2031, growing at a CAGR of 2.97% from 2024 to 2031.
Home Appliances Market: Definition/ Overview
Home appliances are electrical or mechanical devices designed to assist in household tasks, enhancing convenience and efficiency in daily life. Common applications include cooking (ovens, microwaves), cleaning (washing machines, vacuum cleaners), and climate control (air conditioners, heaters), significantly improving the quality of living by saving time and effort. As consumer preferences shift towards smart and energy-efficient solutions, the future of home appliances is set to focus on advanced technologies such as Internet of Things (IoT) connectivity, automation, and sustainability.
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The size of the Small Kitchen Appliances Market was valued at USD 132.08 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 4.00% during the forecast period.Home appliances are electrical and mechanical operated mechanisms / machines which accomplish kitchen and household functions, such as cooling/heating, cooking or cleaning. These home appliances are called white goods, kitchen appliances or Consumer or brown goods. it include any electrical kitchen appliance that's not too big to move is a small kitchen appliance. Examples include microwave ovens, kettles, toasters, humidifiers, food processors and coffeemakers. They contrast with major appliances (known as "white goods" in the UK), such as the refrigerators and washing machines, which cannot be easily moved and are generally placed on the floor.Home appliances have become an integral part of human lives. Washing, cleaning, or cooking - machines make our daily lives easier. Recent developments include: April 2023: Hirsch Partners With Blendi, Cuisinart, and Four Other Retail Brands. These new partnerships represent Hirsch’s vision to be the single-source retail brand destination for promotional distributors., March 2023: Hamilton Beach Brands Holding has entered into a multi-year agreement with Numilk to manufacture and sell commercial and consumer appliances with Numilk ingredient pouches.. Key drivers for this market are: Urban Living and Space Constraints. Potential restraints include: High Installation and Maintenance Costs. Notable trends are: Increasing Disposable Income of the Households is Expected to Drive Growth of Small Kitchen Appliances Market.
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The market is projected to be valued at USD 44,136.3 million in 2025 and is anticipated to grow to USD 97,066.3 million by 2035, reflecting a compound annual growth rate (CAGR) of 8.2% throughout the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 44,136.3 million |
Industry Value (2035F) | USD 97,066.3 million |
CAGR (2025 to 2035) | 8.2% |
Country wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
USA | 8.0% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 7.9% |
Country | CAGR (2025 to 2035) |
---|---|
European Union | 8.5% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 8.3% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 8.4% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Whirlpool Corp | 18-22% |
LG Electronics | 15-19% |
Haier Group | 12-16% |
Samsung Electronics Co. Ltd. | 10-14% |
Panasonic Corp. | 7-11% |
Other Companies (combined) | 30-40% |
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The Report Covers the UK Major Home Appliances Companies and the market is segmented by Product (Refrigerators, Washing Machines, Freezers, Dryers, Ovens, Hoods, Ranges, and Others) and By Distribution Channels (Supermarkets and Hypermarkets, Specialty Stores, E-Commerce, and Others).
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The North America Home Appliance Market report segments the industry into By Major Appliances (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, Cookers and Ovens), By Small Appliances (Vacuum Cleaners, Small Kitchen Appliances, Hair Clippers, Irons, Toasters, Grills and Roasters, Hair Dryers), and By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, E-Commerce Stores).
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The Home Appliances Market Report Segments the Industry Into by Product (Major Appliances (Refrigerators, Freezers, and More), Small Appliances (Coffee Makers, Air Fryers, and More), by Distribution Channel (Multi-Branded Stores, Exclusive Brand Outlets, Online, Other Distribution Channels), and by Geography (North America, South America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).