Asia Pacific Home Appliances Market Size & Outlook
Asia Pacific home appliances market, 2016-2028 (US$M)
Related Markets
Asia Pacific home appliances market highlights
- The Asia Pacific home appliances market generated a revenue of USD 182,577.6 million in 2021.
- The market is expected to grow at a CAGR of 8.2% from 2022 to 2028.
- In terms of segment, cooking appliances was the largest revenue generating product in 2021.
- Washing Machines is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2028.
Asia Pacific data book summary
| Market revenue in 2021 | USD 182,577.6 million |
| Market revenue in 2028 | USD 317,066.1 million |
| Growth rate | 8.2% (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 |
| Key market players worldwide | Koninklijke Philips NV, Haier Smart Home Co Ltd ADR, B. Braun Medical, Hamilton Lane Inc Class A, Whirlpool Corp, Hamilton Beach Brands Holding Co Class A, Spectrum Brands Holdings Inc, Brother Industries Ltd, Tiger Brands Ltd, BPL Group, Meyer, Zojirushi, SEB SA, Blendtec |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.9% of the global home appliances market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Latin America is the fastest growing regional market and is projected to reach USD 54,170.9 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Home Appliances Market Scope
Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 52.06% in 2021. Horizon Databook has segmented the Asia Pacific 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.
- Asia Pacific Home Appliances Product Outlook (Revenue, USD Million, 2016-2028)
- Air Conditioners
- Cooking Appliances
- Dishwashers
- Refrigerators & Freezers
- Washing Machines
- Others
Reasons to subscribe to Asia Pacific home appliances market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific home appliances market databook
-
Our clientele includes a mix of home appliances market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Asia Pacific home appliances market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific home appliances market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific home appliances market size, by country, 2016-2028 (US$M)
Asia Pacific Home Appliances Market Outlook Share, 2021 & 2028 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
