Global Home Appliances Market Size & Outlook, 2021-2028
Global home appliances market, 2016-2028 (US$M)
Related Markets
Global home appliances market highlights
- The global home appliances market generated a revenue of USD 495,192.9 million in 2021 and is expected to reach USD 812,156.9 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 7.3% by 2028.
- In terms of segment, cooking appliances accounted for a revenue of USD 257,261.3 million in 2021.
- Washing Machines 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 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 495,192.9 million |
| Market revenue in 2028 | USD 812,156.9 million |
| Growth rate | 7.3% (CAGR from 2021 to 2028) |
| Largest segment | Cooking appliances |
| Fastest growing segment | Washing Machines |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Conditioners, Cooking Appliances, Dishwashers, Refrigerators & Freezers, Washing Machines |
Other key industry trends
- In terms of revenue, the North America accounted for 27.8% of the global home appliances market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 156,136.9 million by 2028.
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Home Appliances Market Scope
Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global home 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 home appliances market will help companies and investors design strategic landscapes.
Cooking appliances was the largest segment with a revenue share of 51.95% in 2021. Horizon Databook has segmented the Global home appliances market based on air conditioners, cooking appliances, dishwashers, refrigerators & freezers, washing machines covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Home Appliances Product Outlook (Revenue, USD Million, 2016-2028)
- Air Conditioners
- Cooking Appliances
- Dishwashers
- Refrigerators & Freezers
- Washing Machines
- Others
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Target buyers of Global home appliances market databook
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Our clientele includes a mix of home appliances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global home appliances market , including forecasts for subscribers. This global databook contains high-level insights into Global home appliances market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global home appliances market size, by regions, 2016-2028 (US$M)
Top 10 countries: Home appliances market size, 2021 (US$M)
Global home appliances market share, by product, 2021 & 2028 (%, US$M)
Home appliances market: Opportunity assessment by country
Global home appliances market, by region, 2021 (US$M)
Related regional statistics
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