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TwitterGlobal retail sales of home and household appliances are forecast to grow to almost *** billion U.S. dollars in 2021 and surpass the *** billion dollar mark in the upcoming years. Refrigeration appliances sales take up the most significant share of the market, with retail sales of more than ** billion U.S. dollars in 2020. Major and small appliances as main categories The home and household appliances market is split into two main categories: major appliances and small appliances. Major appliances are large machines used at home, including refrigerators, dishwashers, washing machines, tumble dryers, and air-conditioners. The small appliances category includes products used at home, such as food processors, toasters, coffee makers, and more. Leading household manufacturers Major household appliances such as refrigeration appliances, large kitchen appliances, laundry appliances, and air-conditioners make up a significant portion of retail sales worldwide when combined, compared to that of all small home appliances. Therefore, appliance manufacturers such as Whirlpool, Midea, Haier, LG, BSH Home Appliances, and Electrolux, which all generate a sizable share of their revenue from major appliances, are amongst the leading appliances manufacturers worldwide. One notable exception is the French company Groupe SEB, which produces and sells mostly small appliances.
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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 global white goods market size is projected to grow from USD 901.07 billion in 2025 to USD 1693.95 billion by 2033, exhibiting a CAGR of 8.21%.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 832.71 Billion |
| Market Size in 2025 | USD 901.07 Billion |
| Market Size in 2033 | USD 1693.95 Billion |
| CAGR | 8.21% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Product,By End-User,By Distribution Channel,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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US Household Appliances Market Size 2025-2029
The household appliances market in US size is forecast to increase by USD 12.58 billion at a CAGR of 3.7% between 2024 and 2029.
The Household Appliances Market is experiencing significant growth, driven by product innovation and advancement, leading to portfolio extension and product premiumization. Energy-efficient models, LED lightbulbs, and eco-friendly, energy-efficient items are increasingly popular, reflecting concerns about climate change and global warming. Consumers are increasingly adopting multifunctional and advanced appliances to enhance their daily lives, creating a strong demand for smart and energy-efficient solutions.
However, the market is not without challenges. Fluctuations in raw material prices and operating costs continue to impact manufacturers, requiring strategic sourcing and cost management. Staying abreast of these trends and navigating the dynamic market landscape is essential for businesses seeking to capitalize on the opportunities in the Household Appliances Market. The household appliances market in the US is diverse, with a mix of specialty stores and online/e-commerce platforms catering to consumers.
What will be the Size of the market During the Forecast Period?
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The household appliances market, encompassing white goods and major appliances like washers-dryers, refrigerators, and cooking appliances, is experiencing significant shifts driven by consumer technology advancements. The Consumer Technology Association reports a convergence of household appliances and consumer electronics, with cleaning devices integrating the Internet of Things (IoT) and smart home appliances. Artificial intelligence and gadgets for food preservation are gaining popularity among working professionals. Trade data indicates a rise in demand for smart technology solutions in domestic tasks. Semiconductor chip shortages have affected B2C enterprises, causing delays in the production and distribution of appliances.
Despite this, specialty stores and online/e-commerce platforms continue to thrive, offering a diverse range of small appliances to cater to various performance factors. Survey results reveal that consumers prioritize convenience, energy efficiency, and connectivity when purchasing household appliances. LG Electronics and other industry associations are investing in research and development to meet these evolving needs.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Major household
Small household
Distribution Channel
Offline
Online
Price
Mid-range
Value-based
Premium
Geography
North America
US
By Product Insights
The Major household segment is estimated to witness significant growth during the forecast period. The US household appliances market is primarily driven by the major household appliances segment, which accounts for a significant revenue share. This segment's growth can be attributed to the increasing adoption of smart technologies, energy efficiency, and user personalization. Refrigerators, washing machines, and air conditioners remain popular purchases, particularly in urban areas, due to rising disposable incomes and the trend toward smart homes. Consumers are increasingly drawn to appliances with advanced features, such as AI-powered predictive maintenance and personalized settings, reflecting a preference for convenience and sustainability. In India, the premium segments, including large-capacity washing machines and energy-efficient air conditioners, have experienced noteworthy growth.
This expansion is fueled by government initiatives like rural electrification and the Make in India campaign. LG Electronics and other electronics manufacturers continue to innovate, introducing energy-efficient cooking appliances like ovens, induction cooktops, and coffee machines. Smart home appliances, such as smart coffeemakers and drying cabinets, are gaining traction among working professionals and young people. E-commerce platforms and specialty stores have made it easier for consumers to purchase these appliances online, leading to increased productivity and convenience in managing domestic tasks. Cleaning appliances, including vacuums from companies like Tineco, and water heaters, have also seen growth due to their energy-saving capabilities and smart technology solutions. Research and development continues, with companies like Tineco and Power Equipment focusing on product type segments, such as cleaning appliances and cooking appliances.
The semiconductor chip shortage has affected the production of some large and expensive appliances, lea
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The household appliances market is on a strong upward trajectory, driven by rising urbanization, smart home adoption, and evolving consumer lifestyles. Projected at approximately USD 802.67 billion in 2025, the industry is anticipated to rise to USD 1,563.41 billion by 2035 with a robust CAGR of 6.77% over the decade.
| Attributes | Details |
|---|---|
| Market Size (2025E) | USD 802.67 billion |
| Market Size (2035F) | USD 1,563.41 billion |
| CAGR (2025 to 2035) | 6.77% |
Country-wise Analysis of the Household Appliances Market 2025 to 2035
| Country | CAGR (2025 to 2035) |
|---|---|
| USA | 4.5% |
| UK | 5.8% |
| France | 4.2% |
| Germany | 5.2% |
| Italy | 4.4% |
| South Korea | 7.6% |
| Japan | 7.0% |
| China | 8.0% |
| Australia | 8.2% |
| New Zealand | 6.5% |
Competitive Outlook
| Company Name | Market Share (%) |
|---|---|
| AB Electrolux | 12-16% |
| Qingdao Haier Co., Ltd. | 10-14% |
| LG Electronics Inc. | 10-14% |
| Samsung Electronics Co., Ltd. | 8-12% |
| Whirlpool Corporation | 6-10% |
| Others (combined) | 38-48% |
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The United Kingdom Home Appliances Market Report is Segmented by Product (Major Home Appliances (Refrigerators, and Other), Small Home Appliances (Coffee Makers, and Other)), Distribution Channel (Multi-Brand Stores, Exclusive Brand Outlets, Online, Other Distribution Channels), and Geography (England, Scotland, Wales, Northern Ireland). The Market Forecasts are Provided in Terms of Value (USD).
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The global furniture and home goods market size was approximately USD 579.23 Billion in 2024. The market is assessed to grow at a CAGR of 5.20% between 2025 and 2034, reaching a value of USD 961.63 Billion by 2034.
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TwitterThe revenue in the household appliances market worldwide was modeled to be ************** 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 Household Appliances.
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The United States Home Appliance Market Report is Segmented by Product Type (Major Home Appliances, Including Refrigerators, Other Major Products; Small Home Appliances, Including Coffee Makers, Other Small Appliances), Distribution Channel (Multi-Branded Stores, and Other), Technology (Smart/Connected Appliances, and Other), and Geography (Northeast, Midwest, South, West). The Market Forecasts are Provided in Terms of Value (USD).
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The United States Small Home Appliances Market Report is Segmented by Product (Coffee Makers, Food Processors, Grills and Roasters, Electric Kettles, Juicers and Blenders, and More ), and by Distribution Channel (Multi-Branded Stores, Exclusive Brand Outlets, Online, and Other Distribution Channels), and by Geography (Northeast, Southeast, Midwest, Southwest, and West). The Market Forecasts are Provided in Terms of Value (USD).
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The global home appliances market size surpassed USD 600.3 billion in 2025 and is projected to witness a CAGR of over 5.5%, crossing USD 1.03 trillion revenue by 2035, fueled by growth in environmental awareness.
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Find detailed analysis in Market Research Intellect's Household Appliances Market Report, estimated at USD 130 billion in 2024 and forecasted to climb to USD 195 billion by 2033, reflecting a CAGR of 5.5%.Stay informed about adoption trends, evolving technologies, and key market participants.
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The size of the North America Major Home Appliances Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 3.00% during the forecast period. Recent developments include: May 2023: Whirlpool Corporation is proud to announce that 7 products among their Whirlpool, Hotpoint, and KitchenAid brands triumphed for exceptional product design by winning the internationally prestigious iF Design Award 2023, April 2023: Electrolux Group has been recognized for Its innovative and sustainable product design, with more than a dozen appliances winning world-renowned iF Design Awards including a coveted iF Gold Award for the Electrolux 600/AEG 6000 series of paint-free vacuum cleaners.. Key drivers for this market are: Increasing Household Disposable Income, Changing Lifestyles and Time Constraints. Potential restraints include: High Initial Costs, Infrastructure and Space Limitations. Notable trends are: Increase in the revenue of Major Home Appliances through Online sales channel over Offline.
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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 Appliances Market Size Was Worth USD 631 Billion in 2023 and Is Expected To Reach USD 709 Billion by 2032, CAGR of 6%.
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Global Eco-Friendly Household Goods Market is segmented by Application (Household_ Consumer products), Type (Eco-friendly products_ Sustainable goods), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)
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Household Cooking Appliances Market size is growing with a CAGR of 5.5% in the prediction period & it crosses USD 140.59 Bn by 2032 from USD 96.65 Bn in 2025.
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The Global Major Home Appliances Market Report is Segmented by Product (Refrigerators, Freezers, Washing Machines, Dishwashers, Ovens, Air Conditioners, Other Major Home Appliances), Distribution Channel (Multi-Brand Stores, Exclusive Brand Outlets, Online, Other Distribution Channels), and Geography (North America, South America, Europe, Asia-Pacific, and Other). The Market Forecasts are Provided in Terms of Value (USD).
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The Asia-Pacific Home Appliances Market Report is Segmented by Product Type (Major Home Appliances, Small Home Appliances), Distribution Channel (Multi-Brand Stores, Exclusive Brand Outlets, Online, Other Distribution Channels), and Geography (India, China, Japan, Australia, South Korea, South East Asia, Rest of Asia-Pacific). The Market Forecasts are Provided in Terms of Value (USD).
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Market Research Intellect presents the Smart Household Appliances Market Report-estimated at USD 120 billion in 2024 and predicted to grow to USD 250 billion by 2033, with a CAGR of 9.5% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.
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TwitterGlobal retail sales of home and household appliances are forecast to grow to almost *** billion U.S. dollars in 2021 and surpass the *** billion dollar mark in the upcoming years. Refrigeration appliances sales take up the most significant share of the market, with retail sales of more than ** billion U.S. dollars in 2020. Major and small appliances as main categories The home and household appliances market is split into two main categories: major appliances and small appliances. Major appliances are large machines used at home, including refrigerators, dishwashers, washing machines, tumble dryers, and air-conditioners. The small appliances category includes products used at home, such as food processors, toasters, coffee makers, and more. Leading household manufacturers Major household appliances such as refrigeration appliances, large kitchen appliances, laundry appliances, and air-conditioners make up a significant portion of retail sales worldwide when combined, compared to that of all small home appliances. Therefore, appliance manufacturers such as Whirlpool, Midea, Haier, LG, BSH Home Appliances, and Electrolux, which all generate a sizable share of their revenue from major appliances, are amongst the leading appliances manufacturers worldwide. One notable exception is the French company Groupe SEB, which produces and sells mostly small appliances.