Global Appliances Market Size & Outlook, 2025-2030

The global appliances market size was estimated at USD 718,620.5 million in 2024 and is projected to reach USD 965,325.6 million by 2030, growing at a CAGR of 5.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$718,620.5
Forecast, 2030 (US$M)
$965,325.6
CAGR, 2025 - 2030
5.2%
Report Coverage
Worldwide

Global appliances market highlights

  • The global appliances market generated a revenue of USD 718,620.5 million in 2024 and is expected to reach USD 965,325.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.2% by 2030.
  • In terms of segment, major appliances accounted for a revenue of USD 668,099.1 million in 2024.
  • Small Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 718,620.5 million
Market revenue in 2030USD 965,325.6 million
Growth rate5.2% (CAGR from 2025 to 2030)
Largest segmentMajor appliances
Fastest growing segmentSmall Appliances
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMajor Appliances, Small Appliances

Other key industry trends

  • In terms of revenue, the North America accounted for 22.5% of the global appliances market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 46,389.2 million by 2030.

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Appliances Market Companies

Name Profile # Employees HQ Website
Midea Group View profile 10001+ Beijiao, Guangdong, China, Asia https://midea-group.com
General Electric View profile 10001+ Boston, Massachusetts, United States, North America http://www.ge.com
BSH View profile 10001+ Munich, Bayern, Germany, Europe http://www.bsh-group.com/
Haier Electronics Group View profile 10001+ Central, Hong Kong Island, Hong Kong, Asia http://www.haier.hk/
Whirlpool Corp View profile 59000 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 https://www.whirlpoolcorp.com
LG Electronics Inc ADR View profile 35111 Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 https://www.lge.co.kr
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Panasonic Holdings Corp View profile 230025 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 https://holdings.panasonic

Global appliances market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to appliances market will help companies and investors design strategic landscapes.


Major appliances was the largest segment with a revenue share of 92.97% in 2024. Horizon Databook has segmented the Global appliances market based on major appliances, small appliances covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Appliances Product Outlook (Revenue, USD Million, 2018-2030)
    • Major Appliances
    • Small Appliances
  • Global Appliances Type Outlook (Revenue, USD Million, 2018-2030)
    • Conventional Appliances
    • Smart Appliances
  • Global Appliances End Use Outlook (Revenue, USD Million, 2018-2030)
    • Residential
    • Commercial
  • Global Appliances Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
    • Hypermarkets & Supermarkets
    • Electronic Stores
    • Exclusive Brand Outlets
    • Online
    • Others

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Target buyers of Global appliances market databook

  • Our clientele includes a mix of appliances market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global appliances market , including forecasts for subscribers. This global databook contains high-level insights into Global appliances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global appliances market size, by regions, 2018-2030 (US$M)

Top 10 countries: Appliances market size, 2024 (US$M)

Global appliances market share, by product, 2024 & 2030 (%, US$M)

Appliances market: Opportunity assessment by country

Global appliances market, by region, 2024 (US$M)

Global appliances market size, by regions, 2018-2030 (US$M)

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