Global Major Appliances Market Size & Outlook, 2025-2030
The global major appliances market size was estimated at USD 395,092.8 million in 2024 and is projected to reach USD 510,179.7 million by 2030, growing at a CAGR of 4.5% from 2025 to 2030.
Revenue, 2024 (US$M)
$395,092.8
Forecast, 2030 (US$M)
$510,179.7
CAGR, 2025 - 2030
4.5%
Report Coverage
Worldwide
Global major appliances market, 2018-2030 (US$M)
Related Markets
Global major appliances market highlights
- The global major appliances market generated a revenue of USD 380,959.2 million in 2023 and is expected to reach USD 510,179.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, refrigerators accounted for a revenue of USD 96,382.5 million in 2023.
- Air Conditioners 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 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 380,959.2 million |
| Market revenue in 2030 | USD 510,179.7 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Refrigerators |
| Fastest growing segment | Air Conditioners |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Washing Machines, Cooktops, Cooking Ranges, Dishwashers, Refrigerators, Air Conditioners, Microwaves & Ovens, Vacuum Cleaners |
Other key industry trends
- In terms of revenue, the North America accounted for 22.8% of the global major appliances market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 15,126.5 million by 2030.
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Major Appliances Market Scope
Major appliances market segmentation & scope
Others
Major Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Midea Group | View profile | 10001+ | Beijiao, Guangdong, China, Asia | https://midea-group.com |
| Miele | View profile | 10001+ | Gütersloh, Nordrhein-Westfalen, Germany, Europe | http://www.miele.com |
| Sharp Corp | View profile | 46200 | 1 Takumi-machi, Sakai-ku, Sakai-shi, Osaka, Japan, 590-8522 | https://www.sharp.co.jp |
| IRobot Corp | View profile | 1113 | 8 Crosby Drive, Bedford, MA, United States, 01730 | https://www.irobot.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 |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.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 major appliances market size, by regions, 2018-2030 (US$M)
Top 10 countries: Major appliances market size, 2024 (US$M)
Global major appliances market share, by type, 2024 & 2030 (%, US$M)
Major appliances market: Opportunity assessment by country
Global major appliances market, by region, 2024 (US$M)
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