Product Code: GVR-2-68038-813-8
Appliances Market Growth & Trends:
The global appliances market size is anticipated to reach USD 965.33 billion in 2030 and is expected to expand at a CAGR of 5.2% from 2025 to 2030. Mounting demand for modern and technically advanced appliances, owing to durability and comfort, is expected to augment the market growth over the forecast period. In addition, increased disposable income levels, improving standards of living, and rapid urbanization across the globe are expected to contribute to the market expansion. Manufacturers in the market have a global distribution network, which includes resellers, company-operated stores, e-commerce, dealers, and value-added resellers.
They expand their distribution network by offering brand equity, installed base, and product advancements. Sales engineers work closely with customers to design and develop application-specific products to match the particular requirements. Energy-efficiency is a crucial factor influencing the global market. Governments across the globe have enforced various stringent guidelines to ensure energy-efficiency for household appliances, thus propelling consumers to purchase only those goods fulfilling the minimum energy-efficiency regulations.
These guidelines are implemented at various stages, including manufacturing, sales and operation, as well as recycling, to help the companies in the market value chain. There are various barriers as well as benefits of the energy-efficiency programs developed by the policy-makers. Moreover, despite cost-effectiveness and several programs being run by the governments across the globe to spread awareness regarding energy-efficiency, the optimal outcome has not been achieved due to several barriers during the implementation stage of these programs.
Appliances Market Report Highlights:
- Major appliances dominated the market, with the largest revenue share of 89.5% in 2024.
- Conventional appliances dominated the market with the largest revenue share in 2024.
- Smart appliances are expected to grow at the fastest CAGR over the forecast period. Technological advancements in smart appliances, including the integration of artificial intelligence (AI) and the Internet of Things (IoT), are significantly enhancing the functionality and convenience of these products.
- Residential dominated the market with the largest revenue share in 2024.
- The commercial segment is expected to grow at the fastest CAGR of 5.8% over the forecast period.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Appliances Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis (Industry-level)
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Five Forces Analysis
- 3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Appliances Market: Product Estimates & Trend Analysis
- 5.1. Appliances Market, By Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.3.1. Major Appliances
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Small Appliances
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Appliances Market: Type Estimates & Trend Analysis
- 6.1. Appliances Market, By Type: Key Takeaways
- 6.2. Type Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Million)
- 6.3.1. Conventional Appliances
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Smart Appliances
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Appliances Market: End Use Estimates & Trend Analysis
- 7.1. Appliances Market, By End Use: Key Takeaways
- 7.2. End Use Movement Analysis & Market Share, 2024 & 2030
- 7.3. Market Estimates & Forecasts, by End Use, 2018 - 2030 (USD Million)
- 7.3.1. Residential
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Commercial
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Appliances Market: Distribution Channel Estimates & Trend Analysis
- 8.1. Appliances Market, By Distribution Channel: Key Takeaways
- 8.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
- 8.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
- 8.3.1. Hypermarkets & Supermarkets
- 8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. Electronic Stores
- 8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Exclusive Brand Outlets
- 8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4. Online
- 8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.5. Others
- 8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Appliances Market: Regional Estimates & Trend Analysis
- 9.1. Appliances Market: Regional Outlook
- 9.2. Regional Marketplaces: Key Takeaways
- 9.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Million)
- 9.3.1. North America
- 9.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.2. U.S.
- 9.3.1.2.1. Key country dynamics
- 9.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.3. Canada
- 9.3.1.3.1. Key country dynamics
- 9.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.4. Mexico
- 9.3.1.4.1. Key country dynamics
- 9.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2. Europe
- 9.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.2. UK
- 9.3.2.2.1. Key country dynamics
- 9.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.3. Germany
- 9.3.2.3.1. Key country dynamics
- 9.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.4. France
- 9.3.2.4.1. Key country dynamics
- 9.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.5. Italy
- 9.3.2.5.1. Key country dynamics
- 9.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.2.6. Spain
- 9.3.2.6.1. Key country dynamics
- 9.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3. Asia Pacific
- 9.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.2. China
- 9.3.3.2.1. Key country dynamics
- 9.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.3. India
- 9.3.3.3.1. Key country dynamics
- 9.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.4. Japan
- 9.3.3.4.1. Key country dynamics
- 9.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.3.5. Australia
- 9.3.3.5.1. Key country dynamics
- 9.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.4. Latin America
- 9.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.4.2. Brazil
- 9.3.4.2.1. Key country dynamics
- 9.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5. Middle East & Africa
- 9.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.5.2. South Africa
- 9.3.5.2.1. Key country dynamics
- 9.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. Appliances Market: Competitive Analysis
- 10.1. Recent Developments & Impact Analysis, by Key Market Participants
- 10.2. Company Categorization
- 10.3. Participant's Overview
- 10.4. Financial Performance
- 10.5. Product Benchmarking
- 10.6. Company Market Share Analysis, 2024 (%)
- 10.7. Company Heat Map Analysis
- 10.8. Strategy Mapping
- 10.9. Company Profiles
- 10.9.1. Whirlpool Corporation
- 10.9.1.1. Company Overview
- 10.9.1.2. Financial Performance
- 10.9.1.3. Product Portfolios
- 10.9.1.4. Strategic Initiatives
- 10.9.2. AB Electrolux
- 10.9.2.1. Company Overview
- 10.9.2.2. Financial Performance
- 10.9.2.3. Product Portfolios
- 10.9.2.4. Strategic Initiatives
- 10.9.3. Haier Group
- 10.9.3.1. Company Overview
- 10.9.3.2. Financial Performance
- 10.9.3.3. Product Portfolios
- 10.9.3.4. Strategic Initiatives
- 10.9.4. BSH Hausgerate GmbH
- 10.9.4.1. Company Overview
- 10.9.4.2. Financial Performance
- 10.9.4.3. Product Portfolios
- 10.9.4.4. Strategic Initiatives
- 10.9.5. Midea Group
- 10.9.5.1. Company Overview
- 10.9.5.2. Financial Performance
- 10.9.5.3. Product Portfolios
- 10.9.5.4. Strategic Initiatives
- 10.9.6. SAMSUNG
- 10.9.6.1. Company Overview
- 10.9.6.2. Financial Performance
- 10.9.6.3. Product Portfolios
- 10.9.6.4. Strategic Initiatives
- 10.9.7. LG Communication Center
- 10.9.7.1. Company Overview
- 10.9.7.2. Financial Performance
- 10.9.7.3. Product Portfolios
- 10.9.7.4. Strategic Initiatives
- 10.9.8. General Electric Company
- 10.9.8.1. Company Overview
- 10.9.8.2. Financial Performance
- 10.9.8.3. Product Portfolios
- 10.9.8.4. Strategic Initiatives
- 10.9.9. Panasonic Corporation
- 10.9.9.1. Company Overview
- 10.9.9.2. Financial Performance
- 10.9.9.3. Product Portfolios
- 10.9.9.4. Strategic Initiatives
- 10.9.10. SHARP CORPORATION
- 10.9.10.1. Company Overview
- 10.9.10.2. Financial Performance
- 10.9.10.3. Product Portfolios
- 10.9.10.4. Strategic Initiatives