Global Home Appliances Market Size & Outlook, 2025-2030
The global home appliances market size was estimated at USD 503,034.3 million in 2024 and is projected to reach USD 675,727.9 million by 2030, growing at a CAGR of 5.2% from 2025 to 2030.
Revenue, 2024 (US$M)
$503,034.3
Forecast, 2030 (US$M)
$675,727.9
CAGR, 2025 - 2030
5.2%
Report Coverage
Worldwide
Global home appliances market, 2018-2030 (US$M)
Related Markets
Global home appliances market highlights
- The global home appliances market generated a revenue of USD 503,034.3 million in 2024 and is expected to reach USD 675,727.9 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 468,052.7 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 2024 | USD 503,034.3 million |
| Market revenue in 2030 | USD 675,727.9 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Major appliances |
| Fastest growing segment | Small Appliances |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Appliances, Major Appliances |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global home 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 33,631.2 million by 2030.
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Home Appliances Market Scope
Home appliances market segmentation & scope
Others
Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SEB SA | View profile | 31000 | 112, Chemin du Moulin Carron, Campus SEB, Ecully, France, 69130 | https://www.groupeseb.com |
| Blendtec | View profile | 501-1000 | Orem, Utah, United States, North America | http://www.blendtec.com/ |
| Zojirushi | View profile | 1001-5000 | Osaka, Osaka, Japan, Asia | https://www.zojirushi.co.jp |
| BPL Group | View profile | 251-500 | Palakkad, Kerala, India, Asia | http://www.bpl.in |
| Hamilton Beach Brands Holding Co Class A | View profile | 700 | 4421 Waterfront Drive, Glen Allen, VA, United States, 23060 | https://www.hamiltonbeachbrands.com |
| Tiger Brands Ltd | View profile | 10323 | 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 | https://www.tigerbrands.com |
| Brother Industries Ltd | View profile | 44925 | 15-1, Naeshiro-cho, Mizuho-ku, Nagoya, Japan, 467-8561 | http://www.brother.com |
| Meyer | View profile | 1001-5000 | Vallejo, California, United States, North America | https://meyerus.com/ |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Haier Smart Home Co Ltd ADR | View profile | 112458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | https://smart-home.haier.com/cn |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| Spectrum Brands Holdings Inc | View profile | 3100 | 3001 Deming Way, Middleton, WI, United States, 53562 | https://www.spectrumbrands.com |
| Hamilton Lane Inc Class A | View profile | 600 | 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 | https://www.hamiltonlane.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
Global home appliances market size, by regions, 2018-2030 (US$M)
Top 10 countries: Home appliances market size, 2024 (US$M)
Global home appliances market share, by product, 2024 & 2030 (%, US$M)
Home appliances market: Opportunity assessment by country
Global home appliances market, by region, 2024 (US$M)
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