The global retail value of major kitchen appliances grew steadily from 2015 to 2019, and is anticipated to grow steadily from 2021 to 2024, mostly driven by growth in the Asian, North American, and European markets. Although there was a drop in retail value of major kitchen appliances in 2020 due to the COVID-19 global pandemic, the retail value is anticipated to reach previous levels in 2021 again. By 2024 the worldwide retail value of the major kitchen appliances market is forecast to grow to over 100 billion U.S. dollars.
Major kitchen appliances retail value worldwide from 2015 to 2024, by region
(in billion U.S. dollars)
Characteristic
Australia & New Zealand
Middle East & Africa
North America
Latin America
Europe
Asia
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Haier Smart Home, & HKExnews. (November 16, 2020). Major kitchen appliances retail value worldwide from 2015 to 2024, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 31, 2024, from https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/
Haier Smart Home, und HKExnews. "Major kitchen appliances retail value worldwide from 2015 to 2024, by region (in billion U.S. dollars)." Chart. November 16, 2020. Statista. Accessed August 31, 2024. https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/
Haier Smart Home, HKExnews. (2020). Major kitchen appliances retail value worldwide from 2015 to 2024, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 31, 2024. https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/
Haier Smart Home, and HKExnews. "Major Kitchen Appliances Retail Value Worldwide from 2015 to 2024, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Nov 2020, https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/
Haier Smart Home & HKExnews, Major kitchen appliances retail value worldwide from 2015 to 2024, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/ (last visited August 31, 2024)
Major kitchen appliances retail value worldwide from 2015 to 2024, by region (in billion U.S. dollars) [Graph], Haier Smart Home, & HKExnews, November 16, 2020. [Online]. Available: https://www.statista.com/statistics/1202134/worldwide-major-kitchen-appliance-retail-value-by-region/