The revenue is forecast to experience significant growth in all segments in 2028. As part of the positive trend, the revenue reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment Major Appliances, which has the highest value of 116.98 billion U.S. dollars. Find further similar statistics regarding the household appliances market in countries or regions like Germany, the United States, and Mexico.
Revenue in the Household Appliances market for different segments China from 2018 to 2028
(in billion U.S. dollars)
The Household Appliances market covers appliances that are usually used in private households. The retail sector also refers to kitchen appliances as white goods. The market is divided into Major and Small Home Appliances, while consumer electronics are not included here (therefore see Consumer Electronics). The largest manufacturers of home appliances are AEG, Bosch, Siemens, Miele, Bauknecht, KitchenAid, Whirlpool, and Groupe SEB (Rowenta, Tefal, Krups, Moulinex). The home appliances market relies both on imports (mainly from China) as well as domestic production: especially Italy, Poland, and Germany are significant manufacturing countries. The major appliances industry has seen a sustained growth in revenue despite a stagnation of volume sales. This development is caused by a trend for consumers to purchase high-quality appliances that are both energy efficient and easy to control. Smart and connected appliances are becoming more and more popular. Consumer electronics are not included.
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Statista Market Insights. (July 31, 2023). Revenue in the Household Appliances market for different segments China from 2018 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china
Statista Market Insights. "Revenue in the Household Appliances market for different segments China from 2018 to 2028 (in billion U.S. dollars)." Chart. July 31, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china
Statista Market Insights. (2023). Revenue in the Household Appliances market for different segments China from 2018 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china
Statista Market Insights. "Revenue in The Household Appliances Market for Different Segments China from 2018 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china
Statista Market Insights, Revenue in the Household Appliances market for different segments China from 2018 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china (last visited November 05, 2024)
Revenue in the Household Appliances market for different segments China from 2018 to 2028 (in billion U.S. dollars) [Graph], Statista Market Insights, July 31, 2023. [Online]. Available: https://www.statista.com/forecasts/1442183/revenue-household-appliances-market-for-different-segments-china
