To figure out market landscape, brand awareness, latest trends, possible future issues, industry trends and customer behaviour, the finest market research report is very essential. This Household Appliances Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in the industry. This study also analyzes the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors.
Competitive analysis studied in this Household Appliances market report assists to get ideas about the strategies of key players in the market. Under market segmentation, research and analysis is done based on application, vertical, deployment model, end user, and geography. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Household Appliances market report gives information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2019 to 2026 under the competitive analysis study.
Market Analysis: Global Household Appliances Market
Global Household Appliances Market is expected to rise to an estimated value of USD 764.20 billion by 2026, rising from its initial estimated value of USD 521.59 billion in 2018, registering a CAGR of 4.89% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in the advancements and innovations of technologies resulting in advanced levels of product offerings.
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Key Market Competitors: Global Household Appliances Market
Whirlpool Corporation, Morphy Richards, LG Electronics, Havells India Ltd. Samsung Electronics, Electrolux, Philips, Haier, Panasonic, BSH Home Appliances Group, Hitachi, Mabe Corporativo, Midea Group, Miele, Sharp Electronics Corporation USA, Aabsal P.L.C., Ariston Thermo Group, BORK INDUSTRIAL, MIRC ELECTRONICS LIMITED, V-Guard, Teka Group
Key Developments in the Market:
In November 2018, LG Electronics announced the launch of “LG Objet”, their premium electronics brand designed to make it more compatible with existing home furniture. The products launched under the brand combine wood and metal materials to make it more compatible with home décor, even doubling up as them.
In January 2018, BSH Home Appliances Group announced the launch of “Gaggenau” brand in India. This luxury products brand will complement the growing demand for luxury appliances. The products are to be imported from France & Germany will be in the price range of 2-20 lakhs.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Household Appliances Market Landscape
Part 04: Global Household Appliances Market Sizing
Part 05: Global Household Appliances Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Competitive Analysis: Global Household Appliances Market
Global household appliances market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of household appliances market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Growth in the population living in urban areas resulting in increased levels of disposable income that have made these appliances affordable; these factors are expected to drive the market growth
Growth in the amount of counterfeit products available in the market; this factor is expected to act as a restraint to the market growth
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Segmentation: Global Household Appliances Market
- Air Conditioners & Heaters,
- Laundry Appliances
- Washing Machines, Dryers
- Cooking Appliances
- Ovens, Microwaves, Cooktops, Stoves, Fryers
- Storage Appliances
- Refrigerators, Wine Cellars, Freezers
- Entertainment & Infotainment Appliances
- T.V.’s, Music Systems
- Vacuum Cleaners, Air Purifiers, Irons, Blenders, Humidifiers, Coffee Machines, Kettles, Steamers, Others
By Distribution Channel
- Supermarkets & Hypermarkets, Retail, E-Commerce, Direct, Others
- North America, South America, Europe, Asia-Pacific, Middle East & Africa
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