Global household appliances market size is expected at $859.71 bn by 2027 at a growth rate of 9.1%. and growth analysis by The Business Research Company.

The Household Appliances Global Market Report 2023, provides comprehensive information on the household appliances market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Household Appliances Global Market Report 2023, the market size is expected to grow from $551.29 billion in 2022 to $606.58 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The household appliances industry is expected to grow to $859.71 billion in 2027 at a CAGR of 9.1%.

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The household appliances market is segmented:

1) By Type: Small Electrical Appliance, Household Cooking Appliance, Household Refrigerator And Home Freezer, Household Laundry Equipment, Other Major Household Appliance

2) By Application: Cooking, Cleaning, Other Applications

3) By Mode: Online, Offline

Asia-Pacific was the largest region in the household appliances market in 2022.

The table of contents in TBRC’s household appliances market report includes:
1. Executive Summary
2. Report Structure
3. Household Appliances Market Characteristics
4. Household Appliances Market Product Analysis
5. Household Appliances Market Supply Chain
………………………………………
21. Household Appliances Market Competitive Landscape
22. Key Mergers And Acquisitions In The Household Appliances Market
23. Market Background: Electrical Equipment Manufacturing Market
24. Recommendations
25. Appendix

 

 

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