The global revenue in the 'Small Appliances' segment of the household appliances market was forecast to continuously increase between 2024 and 2029 by in total 64.6 billion U.S. dollars (+25.4 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 318.85 billion U.S. dollars and therefore a new peak in 2029.
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Data provided by Statista Market Insights are estimates.
Definition: Small appliances are characterized by their compact and lightweight design, and are often used for a variety of tasks such as cleaning, cooking, and personal grooming. Compared to their larger counterparts, they are more prone to wear and tear and have a shorter shelf life. Therefore, consumers may opt to replace them more frequently.
Structure: The small appliances segment consists of the following subsegments:
Vacuum cleaners
Small kitchen appliances
Hair clippers
Irons
Toasters
Grills & Roasters
Hair Dryers
Coffee Machines
Microwave ovens
Electric Kettles
Air Fryers
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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Statista. (May 22, 2024). Revenue of small household appliances worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global
Statista. "Revenue of small household appliances worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. May 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global
Statista. (2024). Revenue of small household appliances worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global
Statista. "Revenue of Small Household Appliances Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 May 2024, https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global
Statista, Revenue of small household appliances worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global (last visited November 23, 2024)
Revenue of small household appliances worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, May 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1241904/small-appliances-revenue-worldwide-global