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In 2024, the Myanmar's domestic appliances market decreased by less than 0.1% to $1.1B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.3% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $1.4B in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.
In 2023, imports of household appliances to the United States came to a total of around 37.7 billion U.S. dollars, lower than the previous year. The value of household appliances exports in 2022 reached some 41.7 billion U.S. dollars, the highest recorded value so far for household appliances imports.
U.S. imports of domestic appliances – additional information
Electrical devices used within a household are part of a billion-dollar home appliance industry, which is projected to grow in the coming years. In 2023, the global consumption of major appliances amounted to nearly 400 billion U.S. dollars. Leading companies of the home appliances industry include the Chinese Haier Electronics Group, U.S.-based Whirlpool, the German Bosch and Siemens Group, the Swedish company Electrolux, and the South Korean multinational giant LG Electronics.
The import of household appliances into the United States has shown a general upward trend over the past 10 years, despite taking a dip in 2009 and 2019. Exports of household appliances from the United States remains relatively stable, with the export value amounting to around 7.3 billion U.S. dollars in 2023.
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The German home appliances market, valued at XX million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 2.64% between 2025 and 2033. This growth is fueled by several key drivers. Rising disposable incomes among German households contribute to increased spending on high-quality, technologically advanced appliances. The growing trend towards smart homes and the Internet of Things (IoT) is significantly impacting the market, with consumers increasingly demanding connected appliances offering features like remote control and energy monitoring. Furthermore, a focus on energy efficiency and sustainability, driven by government regulations and consumer awareness, is pushing demand for appliances with high energy ratings. Key trends shaping the market include the rising popularity of built-in appliances, reflecting a shift towards modern and integrated kitchen designs. The increasing demand for convenience features, such as automated cleaning cycles and self-cleaning ovens, also drives growth. However, the market faces certain restraints. Economic fluctuations and potential downturns could impact consumer spending on non-essential items like premium home appliances. Additionally, the saturation of the market, especially in established urban areas, limits further penetration and necessitates innovation for sustained growth. Segmental analysis reveals insights into production, consumption, import/export dynamics, and price trends within the German market. Data on production volumes, domestic consumption patterns, import/export values and volumes across various appliance types (refrigerators, washing machines, dishwashers etc.) are essential for a detailed understanding. Price trend analysis would highlight fluctuations influenced by raw material costs, technological advancements, and competitive pricing strategies amongst key players. The German home appliance market is highly competitive, with both domestic and international players vying for market share. Major companies like BSH Hausgeräte GmbH (Bosch and Siemens), a leading player with a strong domestic presence, compete with global giants such as Whirlpool, Haier, Samsung, Electrolux, and LG Electronics. These companies leverage their brand recognition, technological capabilities, and extensive distribution networks to cater to varying consumer segments and price points. The market's competitive landscape is shaped by strategies focused on innovation, product differentiation, and brand building. Companies are investing heavily in research and development to incorporate cutting-edge technologies like artificial intelligence and machine learning into their products, enhancing functionality and user experience. The strong presence of both premium and budget-friendly brands offers consumers a wide range of choices, catering to diverse needs and purchasing power. Regional variations in demand and consumer preferences within Germany are also important to consider for a comprehensive market analysis, requiring a granular breakdown of sales data across different regions. The forecast period of 2025-2033 will be heavily influenced by the successful integration of smart technology, evolving consumer demands for sustainability, and the resilience of the German economy in the face of global economic uncertainty. Key drivers for this market are: Increasing Household Disposable Income Drives The Market, Changing Lifestyles and Time Constraints Drives The Market. Potential restraints include: High Initial Costs, Infrastructure and Space Limitations. Notable trends are: Rising Electricity Costs And Increasing Technological Advancements is Driving the Demand for Energy-Efficient Home Appliances.
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The Central Asian domestic appliances market reduced to $3.3B in 2024, with a decrease of -1.9% against the previous year. Over the period under review, consumption saw a strong increase. As a result, consumption reached the peak level of $4.5B. From 2016 to 2024, the growth of the market remained at a lower figure.
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A volatile housing market has shaped the performance of major appliance manufacturers. In 2020 and 2021, the residential sector experienced a boom because of near-zero interest rates and growing disposable income. These factors boosted the value of residential construction and housing starts, generating significant demand for new appliances. During this time, manufacturers also benefited from steel prices jumping 110.5% in 2021, driving appliance costs upward and boosting revenue. These gains were quickly reversed as growing inflationary pressures and interest rate hikes beginning in 2022 began reversing the growth of the residential sector amid consumers becoming increasingly price-sensitive and slowing discretionary spending. Steel prices also began to stabilize at this time, pushing producers to charge slower prices, slowing revenue and squeezing profit. Between 2020 and 2025, revenue is estimated to have dropped an annualized 1.1%, reaching $24.8 billion in 2025, including a 0.8% dip that year alone. Trade dynamics significantly impact this industry because of significant import penetration, which reached 53.3% in 2025. Import penetration has grown in recent years despite tariff hikes on Chinese washing machines and steel products, as domestic appliances are often more expensive. With consumers becoming increasingly price-sensitive, they have been opting for more affordable imported appliances. The climb in imports from Mexico is notable, with major manufacturers expanding operations in Mexico, benefiting from lower trade and transportation costs. However, consumers have incentives to buy more sustainable appliances through state and local tax benefits, pushing producers to target these markets. Regulatory shifts regarding gas stove safety also drive demand for electric alternatives, requiring manufacturers and retailers to adjust accordingly. Moving forward, domestic producers will benefit from a recovering residential sector and improving macroeconomic conditions. Tax incentives in the Inflation Reduction Act, aimed at promoting the purchase of new ENERGY STAR-certified appliances, are expected to benefit manufacturers. Ongoing investments in production facilities in Mexico will sustain the upward trend of imports from the region. Increasing concerns about the safety of gas stoves may lead to enhanced state regulations, potentially prompting consumers to replace their existing stoves with safer models. Domestic producers face significant uncertainty for the coming years amid unstable trade relationships and a volatile economy. These trends are set to cause revenue to grow at an estimated CAGR of 1.5% to reach $26.8 billion through the end of 2030.
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The Israel laundry appliances market, valued at $290.81 million in 2025, is projected to experience steady growth, driven by factors such as increasing disposable incomes, a rising preference for convenient and time-saving appliances, and a growing emphasis on hygiene and cleanliness. The market's Compound Annual Growth Rate (CAGR) of 3.25% from 2025 to 2033 indicates a consistent expansion, although the rate suggests a relatively mature market with established players. Key segments driving growth include built-in appliances, reflecting a trend towards modern kitchen designs and space optimization. Automatic washing machines and dryers remain dominant within the product segment, while the demand for electric smoothing irons and other specialized appliances is also contributing to market growth. The multi-brand store distribution channel holds a significant share, but online sales are expected to experience considerable growth due to the rising popularity of e-commerce and enhanced online shopping experiences. Competition is fierce, with established international brands like Electrolux, LG Electronics, and Bosch competing with local players like IFB Industries and Godrej Group. The market’s growth trajectory is likely influenced by factors such as technological advancements (e.g., smart appliances with connectivity features), shifting consumer preferences, and economic conditions within Israel. The competitive landscape is characterized by a mix of international and domestic brands. International players leverage their brand recognition and advanced technologies, while domestic players focus on price competitiveness and localized product features. Future market expansion will likely depend on the successful introduction of innovative products, strategic partnerships, effective marketing campaigns targeting specific consumer demographics, and adapting to evolving consumer preferences. The market's relatively low CAGR suggests that focusing on niche market segments, such as energy-efficient appliances or specialized laundry solutions, may present attractive growth opportunities for both established and emerging players. This includes catering to the rising demand for eco-friendly appliances with reduced water and energy consumption. Government initiatives promoting energy efficiency could also positively influence the market's growth trajectory. Recent developments include: January 2023: The white electrical appliances of Grundig arrive in Israel. After years of being absent from the Israeli market, Ralco will return the company's products to the country as Grundig's official and exclusive importer in Israel. Ralco will focus mainly on household electrical products, such as refrigerators, washing machines, dryers, dishwashers, baking ovens, stoves, hoods, etc., September 2022: Israel removed most importing household and industrial electrical product requirements. Under the new rules, from now on, it is allowed to import electrical products without needing an inspection by the Standards Institute of Israel.. Key drivers for this market are: Urbanization in China is Enhancing the Market Growth. Potential restraints include: High Labor Cost Impacting the Market. Notable trends are: Washing Machines are the Most Preferred at Home Laundry Appliances.
The value of imported large household appliances in Russia has seen a generally increasing trend over the given period. The highest imports in that segment were recorded for television receivers, which exceeded 1.5 billion U.S. dollars in 2021.
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The Latin American laundry appliances market, valued at $4.84 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 4.25% from 2025 to 2033. This growth is driven by several key factors. Rising disposable incomes across several key Latin American nations, particularly in urban centers, are fueling demand for modern home appliances, including washing machines and dryers. The increasing adoption of smaller, more energy-efficient models caters to the needs of diverse household sizes and budgets. Furthermore, evolving lifestyles with increased participation in the workforce, particularly among women, are reducing time spent on household chores, increasing the appeal of time-saving appliances. Technological advancements, such as smart features, improved wash cycles, and increased durability are also contributing to market expansion. However, the market faces certain restraints including economic instability in some regions, fluctuations in currency exchange rates impacting import costs, and the prevalence of informal markets offering cheaper, albeit lower-quality, alternatives. Market segmentation reveals significant variations in production, consumption, import, and export volumes across different countries within Latin America. Brazil, Mexico, and Argentina represent the largest markets, while smaller economies like Bolivia and Paraguay exhibit lower consumption rates, largely due to purchasing power and infrastructure limitations. Price trend analysis likely reveals a correlation between model features, brand reputation, and economic conditions, with price sensitivity influencing consumer choices across different income brackets. Major players such as Whirlpool Corporation, Electrolux, Miele, Haier, Groupe SEB, KitchenAid, Bosch, Samsung, Panasonic, and LG Electronics compete fiercely, utilizing varied strategies including localized production, targeted marketing campaigns, and strategic partnerships to capture market share. Analysis of import and export data provides insight into regional trade dynamics and dependence on foreign manufacturers. Detailed analysis across segments reveals distinct regional trends. Production analysis highlights the concentration of manufacturing in Brazil and Mexico, leveraging cost advantages and proximity to large consumer markets. Consumption analysis indicates higher per capita ownership in urban areas versus rural regions, reflecting disparities in income and infrastructure. Import market analysis reveals a dependence on foreign brands, particularly for high-end models and specialized technologies, while export analysis shows limited regional trade, with the focus primarily on domestic markets. Price trend analysis likely shows variations depending on product features (e.g., capacity, energy efficiency, smart functionalities), brand prestige, and economic factors within specific countries. The forecast period (2025-2033) will likely see continued growth, although potential economic downturns or significant shifts in consumer preferences could impact the overall trajectory. The continued expansion of e-commerce platforms also presents an opportunity for increased market penetration, particularly in previously underserved regions. Further research into specific country-level data would provide a deeper understanding of the nuances within this diverse and dynamic market. Recent developments include: In March 2023, Whirlpool announced to invest USD 160 Million for expanding its plant in Mexico at the Northern city of Ramos Arizpe. The investment is made for expanding the production of Whirlpool home appliances in Mexico in addition to its existing three plants in the country., In September 2023, Samsung launched its, A-40% Washing Machine, it is equipped with the feature of 40% less energy consumption which is required to reach the A energy efficiency class limit. The machine is equipped with smart features of AI wash and sensors to enhance its cleaning efficiency.. Key drivers for this market are: Online Channels Sales Of Laundry Appliance are Driving Market. Potential restraints include: Increasing Inflation And Supply Chain Disruptions Affecting The Market. Notable trends are: Rise in Washing Machines Sales.
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The South Korean home appliance market, valued at XX million in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 2.40% from 2025 to 2033. This growth is driven by several key factors. Rising disposable incomes and a growing preference for technologically advanced appliances are significantly boosting demand. The increasing urbanization and nuclear family structures are also contributing, as smaller households require efficient and space-saving appliances. Furthermore, a growing emphasis on convenience and smart home technology is fueling the adoption of connected appliances with features like remote control and energy monitoring. Key trends shaping the market include the increasing popularity of smart home integration, the rising demand for energy-efficient appliances fueled by government regulations and consumer awareness, and the growing adoption of premium and specialized appliances catering to specific lifestyle needs. However, the market faces certain restraints. High import tariffs and competition from established international brands pose challenges for domestic manufacturers. Fluctuations in raw material prices and economic downturns can also negatively impact market growth. Segmentation analysis reveals dynamic trends within production, consumption, import, and export markets (both value and volume). Price trend analysis will reveal whether price points are increasing or decreasing across different appliance categories and based on technological advancements. Detailed analysis of production and consumption data will illustrate the balance between domestic manufacturing and consumer demand, while import/export figures reveal the extent to which South Korea relies on foreign markets for specific appliance types. The competitive landscape is dominated by a mix of international giants and leading South Korean brands. Samsung Electronics and LG Electronics are major players, leveraging their strong brand recognition and established distribution networks. Global players like Whirlpool Corporation, Arcelik AS, Haier Electronics Group Co Ltd, Mitsubishi Electric Corporation, Gorenje Group, BSH Hausgeräte GmbH, Electrolux AB, and Panasonic Corporation also compete aggressively, offering diverse product portfolios and technological innovations. These companies' strategies focus on product differentiation, technological advancement, and branding to capture significant market shares. Future market performance will depend on successful navigation of economic fluctuations, the continued adoption of smart home technologies, and the ability of manufacturers to adapt to evolving consumer preferences and environmental regulations. The projected growth trajectory indicates significant opportunities for expansion, particularly in segments focused on smart appliances, energy efficiency, and premium products catering to the discerning South Korean consumer base. Further research into specific appliance categories (refrigerators, washing machines, etc.) within the segments will offer a more granular understanding of market dynamics and potential investment areas. Recent developments include: July 2021 - LG Electronics (LG) and Magna International Inc. (Magna) signed the transaction agreement, establishing a joint venture between the two companies. The creation of the joint venture unifies Magna's strength in electric powertrain systems and world-class automotive manufacturing, with LG's expertise in component development for e-motors and inverters., July 2021 - Samsung Electronics and Q CELLS announced a new strategic partnership that will see the two companies combine their technological expertise to provide 'zero energy home' solutions. A zero energy home becomes energy self-sufficient by only utilizing energy that is drawn from the home itself. This self-sufficiency is achieved by both producing energies through renewables, like solar, and reducing energy consumption through the utilization of more efficient devices.. Key drivers for this market are: Increasing Urbanization is Driving the Market, Rising Disposable Income is Driving the Market. Potential restraints include: Price Sensitivity of Consumers is Restraining the Market, Saturation of the Market, with Availability of Wide Range of Brands and Products. Notable trends are: Technology and Innovation in Products are Driving the Market.
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The Qatari major home appliances market, valued at XX million in 2025, is projected to experience robust growth with a compound annual growth rate (CAGR) exceeding 4.00% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, Qatar's burgeoning population and rising disposable incomes are stimulating demand for modern and technologically advanced appliances. The country's ongoing infrastructural development, particularly in the residential sector related to the FIFA World Cup legacy projects and associated real estate boom, further bolsters market growth. Furthermore, increasing urbanization and a shift towards nuclear families are contributing to higher individual household appliance ownership. Key trends shaping the market include a growing preference for energy-efficient appliances, fueled by rising energy costs and government initiatives promoting sustainability. The increasing adoption of smart home technology and connected appliances, offering convenience and enhanced user experience, also significantly impacts market dynamics. However, the market faces certain restraints, including the relatively high cost of appliances compared to regional markets and potential economic fluctuations affecting consumer spending. The market is segmented by various factors including production, consumption patterns, import and export volumes and values, and price trends, each offering distinct insights into market dynamics. Import analysis likely reveals reliance on global manufacturers, while export analysis might show limited activity given the relatively small size of the domestic production sector. Price trend analysis will illustrate price sensitivity amongst consumers in a country where imported goods might be significant factor and could potentially highlight premium versus budget appliance competition. Leading players like Whirlpool, LG Electronics, Samsung, Mitsubishi Electric, BSH Hausgerate, Panasonic, Gorenje, and others, both international and regional brands such as Kitchen Line and Gettco, compete for market share, often leveraging brand recognition, technological innovation, and after-sales service to differentiate themselves. Analyzing the regional data specifically for Qatar, a deeper understanding of the market's nuances is possible. Production analysis would highlight the level of local manufacturing versus imports, impacting local jobs and economic activity. Consumption analysis would reveal insights into consumer preferences across various appliance types (refrigerators, washing machines, ovens, etc.), potentially highlighting specific segments experiencing faster growth. A detailed examination of import and export data offers a crucial understanding of supply chain dynamics and trade relationships. This detailed understanding will help companies make more informed decisions regarding manufacturing, marketing strategies, and pricing to penetrate and compete effectively in the Qatari major home appliance market. The historical period (2019-2024) provides a valuable baseline to assess past performance, identifying trends and cyclical factors that are impacting forecasting accuracy. By combining these various data points and insights from the study period (2019-2033), a comprehensive market assessment can be formulated, facilitating informed strategic planning for businesses operating within or considering entry into the Qatari home appliance market. Recent developments include: November 2021 - Electronics major and global conglomerate LG Electronics has announced its 2021 range of OLED & NanoCell televisions in Qatar. The new TVs will be running on webOS 6.0 which will provide users with faster access to apps and better personalisation experience., September 2021 - LG Electronics (LG) has opened its fourth premium brand showroom in Qatar. The 262 square-metre facility, which is designed as per the latest LG premium brand shop guidelines, and is located along the Salwa Road. LG intends to recreate unique experiences in Qatar by empowering customers to engage with the brand and its products.. Key drivers for this market are: Smart Home is boosting the Market. Potential restraints include: Flactuting Raw Material Cost. Notable trends are: Rising Construction activities in Qatar is Driving the Market.
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The CIS domestic appliances market dropped to $12.4B in 2024, which is down by -7.2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $13.4B, and then declined in the following year.
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The UK's electrical appliance manufacturing industry is navigating significant trends, including a strong push towards sustainability driven by consumer demand for energy-efficient products and strict government legislation. Manufacturers like Glen Dimplex invest heavily in green technologies to boost demand and increase their competitive edge. Additionally, increased residential and commercial construction activities boost appliance demand, as evidenced by a rise in construction PMI, supporting industry growth despite past revenue hurdles. As a result, industrial revenue over the past five years through 2024-25 is set to increase by 0.9% to reach £1.75 billion, with revenue set to increase by 0.8% in the year 2024-25. Over the five years through 2029-30, industry revenue is forecast to rise at a compound annual rate of 2.4% to reach £1.97 billion. The UK's electrical appliance manufacturing industry faces growth opportunities from a government pledge to build 1.5 million homes, spurring demand for appliances. This is because new homes require electrical appliances like washing machines and fridges for daily needs. However, fierce import competition threatens domestic manufacturers, driven by cost-effective imports via platforms like AliExpress and growing reselling trends. Lower shipping costs and price competition could pressure margins, challenging the industry's revenue growth and market position.
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The revenue of the home appliance market in Iceland amounted to $X in 2018, dropping by -X% 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, home appliance consumption continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Iceland home appliance consumption peaked at $X in 2017, and then declined slightly in the following year.
South Korea's air conditioner market has a heavy reliance on imports, particularly from China. In 2023, the country imported approximately 80,000 metric tons of air conditioners from China alone, accounting for over half of its total air conditioner imports by volume. This underscores the significant role Chinese manufacturers play in meeting Korea's cooling needs, despite the country's own robust electronics industry. Import trends and domestic production In 2023, the total import volume of air conditioners reached over 100,000 metric tons, more than double the figure from 2014. This increase in imports has occurred alongside domestic production efforts, with major South Korean manufacturer LG Electronics producing around 12 million air conditioners in 2023. LG's production spans multiple countries, including India, China, and Thailand, highlighting the global nature of the industry. Export dynamics and market balance While Korea imports a significant volume of air conditioners, it also maintains a strong export presence. The country exported over 98,000 metric tons of air conditioners in 2023, slightly down from the previous year but still substantial. The United States emerged as a key export destination, receiving around 20,100 metric tons of air conditioners from South Korea in the same year. This balance between imports and exports reflects South Korea's position as both a consumer and producer in the global air conditioning market.
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The electrical household appliance manufacturing industry has developed positively overall in the last five years despite the challenging market conditions. Between 2020 and 2025, industry turnover grew by an average of 0.7% per year. The industry has faced a number of challenges over the past five years. A decline in innovation intensity, characterised by falling expenditure on research and the introduction of new products, has impaired competitiveness. At the same time, regulatory requirements for energy efficiency and recycling have increased research and development costs. Market saturation due to the longevity of appliances and extended replacement cycles limited the potential for growth in domestic sales. In addition, pressure from imports from countries with low production costs, particularly China and Eastern Europe, is exacerbating the situation. These factors have led to increased competition and falling profit margins for German manufacturers.In the current year, IBISWorld expects industry turnover to grow by 2.6% to 21 billion euros. Industry companies are currently focussing on strategies to strengthen their position. They are making targeted investments in research and development in order to develop high-quality, energy-efficient and technologically advanced products. The focus is on tapping into international markets and adapting to local preferences, particularly in Asia and South America. Smart home technologies and sustainable materials are increasingly prioritised in order to tap into new customer segments. Political measures to reduce bureaucracy are needed to free up financial and human resources for innovation activities. Overall, these measures are aimed at strengthening the market position and standing out in the premium segment.In the period from 2025 to 2030, industry sales are expected to grow by an average of 1.6% per year, resulting in industry sales of 22.7 billion euros in 2030. In the coming years, the German household appliance industry will face various challenges and will have to adapt. The introduction of new energy labels will motivate manufacturers to develop more energy-efficient appliances. At the same time, the Ecodesign Directive will focus attention on reparability, which could reduce sales due to longer product life cycles. The faltering growth in new construction is also likely to have a negative impact on demand, which is why manufacturers are increasingly focussing on modular and compact solutions for renovation projects. The relocation of production abroad is being used to tap into international markets and reduce costs in order to remain competitive.
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The Iraqi domestic appliances market rose significantly to $1.4B in 2024, with an increase of 7% against the previous year. In general, consumption posted buoyant growth. Domestic appliances consumption peaked at $1.6B in 2020; however, from 2021 to 2024, consumption failed to regain momentum.
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In 2016, the global home appliance imports stood at 3.6M tons, coming up by 2% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend patter...
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The Azerbaijani market for domestic, non-electric, cooking or heating appliances surged to $13M in 2024, jumping by 17% 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). Over the period under review, consumption saw a significant expansion.
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Learn about the increasing demand for domestic appliances in the United States and the projected market performance for the next decade, with an anticipated CAGR of +2.8% leading to 1.4B units and $67.8B market value by 2035.
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In 2024, the U.S. market for domestic, non-electric, cooking or heating appliances increased by 12% to $2.8B for the first time since 2021, thus ending a two-year declining trend. In general, the total consumption indicated a noticeable expansion from 2012 to 2024: its value increased at an average annual rate of +2.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.
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In 2024, the Myanmar's domestic appliances market decreased by less than 0.1% to $1.1B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.3% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $1.4B in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.