The Global Household Appliances Market Report by The Business Research Company covers household appliances market drivers and restraints, household appliances market size, major players, and the impact of COVID-19 on the household appliances market.

The household appliance market consists of sales of household appliances by entities (organizations, sole traders and partnerships) that produce small electric appliances, electric housewares, and major household appliances. The household appliance market is segmented into small electrical appliance; household cooking appliance; household refrigerator and home freezer; household laundry equipment and other major household appliance.

The rising trend of outdoor parties and cookouts on weekends and holiday is expected to drive the market for barbeques and grills in the forecast period.

The global household appliances market is expected to grow from $308.11 billion in 2020 to $331.57 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth 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 market is expected to reach $436.04 billion in 2025 at a CAGR of 7%.

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Some household appliances market trends include household appliance manufacturers embedding LED lights in their products to minimize power consumption. LED lights require lesser wattage as compared to CFL or incandescent light bulbs. Household appliance manufacturers are more focused on introducing products with LED lighting for minimal power consumption and improved visual appearance.

Global household appliances market segments include:

1) By Type: Small Electrical Appliance; Household Cooking Appliance; Household Refrigerator And Home Freezer; Household Laundry Equipment; Other Major Household Appliance.

2) By Application: Cooking; Cleaning; Others.

3) By Mode: Online; Offline

Subsegments Covered: Household Type Fans; Household Type Vacuum Cleaners; Other Household Type Small Electric Appliances; Electric Stoves; Microwave Ovens; Barbecues And Grills; Other Household Cooking Appliance; Refrigerators; Freezers; Ice Boxes; Refrigerator/Freezer Combinations; Washing Machines; Ironers; Dryers; Other Household Laundry Equipment; Dishwashers; Waste Disposable Units; Water Heaters; All Other Major Household Appliance.

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 accounts for the largest global household appliances market share.

Read More On The Household Appliances Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:

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The Household Appliances Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides household appliances market overviews, analyzes and forecasts market size, share, household appliances market players, household appliances market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The household appliances market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Household Appliances Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Samsung Electronics, Panasonic Corporation, Whirlpool Corp, Bosch Gmbh, LG Electronics Inc.

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 (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Household Appliances Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Household Appliances Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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