Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the indicator achieves the maximum value across all ten different segments by the end of the comparison period. Notably, the segment Small Kitchen Appliances stands out with the highest value of 170.33 billion U.S. dollars.
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 Market Insights. (May 22, 2024). Global small household appliances revenue 2019-2029, by category (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide
Statista Market Insights. "Global small household appliances revenue 2019-2029, by category (in billion U.S. dollars)." Chart. May 22, 2024. Statista. Accessed November 17, 2024. https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide
Statista Market Insights. (2024). Global small household appliances revenue 2019-2029, by category (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide
Statista Market Insights. "Global Small Household Appliances Revenue 2019-2029, by Category (in Billion U.S. Dollars)." Statista, Statista Inc., 22 May 2024, https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide
Statista Market Insights, Global small household appliances revenue 2019-2029, by category (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide (last visited November 17, 2024)
Global small household appliances revenue 2019-2029, by category (in billion U.S. dollars) [Graph], Statista Market Insights, May 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1442267/revenue-small-appliances-market-for-different-segments-worldwide