LONDON–(BUSINESS WIRE)–Dec 2, 2020–

The household appliance market is poised to grow by USD 21.76 billion during 2020-2024, progressing at a CAGR of almost 1% during the forecast period.

Technavio has announced its latest market research report titled Global Household Appliance Market 2020-2024 (Graphic: Business Wire)

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The report on the household appliance market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by product innovation and advancement.

The household appliance market analysis includes Product segment, Distribution channel segment, and Geography Landscape. This study identifies the increased adoption of integrated smart home technology as one of the prime reasons driving the household appliance market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The household appliance market covers the following areas:

Household Appliance Market Sizing

Household Appliance Market Forecast

Household Appliance Market Analysis

  • AB Electrolux
  • Haier Smart Home Co. Ltd.
  • Hitachi Ltd.
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Transform SR Brands LLC
  • Whirlpool Corp.

Global Smart Kitchen Appliance Market: The smart kitchen appliance market size has the potential to grow by USD 6.16 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in the year-over-year growth. To get extensive research insights: Click and Get a FREE Sample Report in Minutes!

Global Bread Maker Market: The bread maker market size has the potential to grow by USD 4.18 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get a FREE Sample Report in Minutes!

  • Market ecosystem
  • Value chain analysis
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Major household appliances – Market size and forecast 2019-2024
  • Small household appliances – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by Distribution channel
  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends
  • Overview
  • Vendor landscape
  • Landscape disruption
  • Vendors covered
  • Market positioning of vendors
  • AB Electrolux
  • Haier Smart Home Co. Ltd.
  • Hitachi Ltd.
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Transform SR Brands LLC
  • Whirlpool Corp.
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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INDUSTRY KEYWORD: RETAIL HOME GOODS

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 12/02/2020 08:01 PM/DISC: 12/02/2020 08:01 PM

Copyright Business Wire 2020.