Learn about the global Small Electrical Appliance market through The Business Research Company, which provides information on small electrical appliance market size, small electrical appliance market drivers and restraints, small electrical appliance market players, the COVID-19 impact on the small electrical appliance market, and more.

The global small electrical appliance market size is expected to grow from $117.65 billion in 2021 to $136.99 billion in 2022 at a compound annual growth rate (CAGR) of 16.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The small electrical appliances manufacturing market is expected to reach $240.46 billion in 2026 at a CAGR of 15.1%.

Increased electrification especially in rural areas has contributed to the growth of the small electrical appliances market in the forecast period.

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The small electrical appliances manufacturing market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of small electrical appliances. The market also consists of sales of small electric appliances and electric housewares including household-type fans (except attic fans), household-type vacuum cleaners, and other electric household-type floor care machines.

Global Small Electrical Appliance Market Segments Include:
By Product: Household Type Fans, Household Type Vacuum Cleaners, Other Household Type Small Electric Appliances

By Application: Home, Commercial

By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-Commerce, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the small electrical appliances market in 2021.

Small electrical appliance manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy efficient appliances.

TBRC’s small electrical appliance market report covers:

Major Market Players: AB Electrolux, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, Midea, Miele & Cie. KG, Samsung Electronics Co., Ltd., LG Electronics, and BISSELL.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Small Electrical Appliance Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides small electrical appliance market overviews, analyzes and forecasts market size, share, small electrical appliance market players, small electrical appliance market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s small electrical appliance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Household Appliances Global Market Report 2022

Household Fans Global Market Report 2022

Electrical Equipment Global Market Report 2022

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