Learn about the global white goods market through The Business Research Company, which provides information on white goods market size, white goods market drivers and restraints, white goods market players, the COVID-19 impact on the white goods market, and more.

The global white goods market is expected to grow from $554.56 billion in 2021 to $594.70 billion in 2022 at a compound annual growth rate (CAGR) of 7.24%. The global white goods market size is expected to grow to $789.62 billion in 2026 at a compound annual growth rate (CAGR) of 7.34%.

The increase in the adoption of smart home appliances by customers to reduce workload is expected to propel the growth of the white goods market.

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The white goods market consists of sales of white goods by entities (organizations, partnerships, and sole proprietors) that refer to large household appliances or electrical goods used for domestic purposes. Traditionally, white goods were made of enamel-coated materials that were white, but over time, white goods have become available in multiple colours.

Global White Goods Market Segments Include:
By Type: Cleaning Equipment, Preservation and Cooking Equipment, Heating and Cooling Equipment, Others

By Application: Offline Sales, Online Sales

By Distribution Channel: Supermarket and Hypermarket, Specialty Store, Retail Store, E-commerce, Others

By End User: Private Sector, Domestic, Corporate, Public Sector, Government, Hospitals

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

The introduction of new innovative systems is the key trend gaining popularity in the white goods market. The introduction of new innovative systems includes smart home appliances that are technologically advanced and utilize the latest technologies such as artificial intelligence to manage their operations and make daily life easier. Innovative white goods are set for future growth by providing customers with relevant benefits such as reduced workload, time savings, and security.

TBRC’s White Goods Market Report Covers:

Major Market Players: Blue Star Ltd, Videocon Industries Ltd, LG Electronics Inc, Samsung, Haier Group, Whirlpool Corporation, TCL Corporation, Voltas Ltd, Bajaj Electricals Ltd, Onida, Panasonic Corporation, Hitachi Ltd, Electrolux, Midea, and Symphony Limited.

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 White Goods Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides white goods market overviews, analyzes and forecasts market size, share, white goods market players, white goods market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s white goods 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:

Electric Dryers Global Market Report 2022

Household Appliances Global Market Report 2022

Dryers Global Market Report 2022

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