In 2024, Midea Group Co. Ltd. was the largest global household appliance company with sales that amounted to over 53 billion U.S. dollars. Other significant companies included Gree Electric Appliances, and SEB SA.
Chinese companies at the forefront
Chinese home appliances companies dominated the leading positions in the home appliances market globally in 2024, as Chinese companies Midea, Haier Smart Home, and Gree Electric Appliances were the leading home appliances companies that year. In 2023, Haier Smart Home's revenue reached over 36 billion U.S. dollars. Some of the company’s largest product categories include laundry appliances, kitchen appliances, and refrigerators, with the latter group being the largest in 2023.
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Forbes. (June 6, 2024). Sales of the leading household appliance companies worldwide in 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/
Forbes. "Sales of the leading household appliance companies worldwide in 2024 (in billion U.S. dollars)." Chart. June 6, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/
Forbes. (2024). Sales of the leading household appliance companies worldwide in 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/
Forbes. "Sales of The Leading Household Appliance Companies Worldwide in 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Jun 2024, https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/
Forbes, Sales of the leading household appliance companies worldwide in 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/ (last visited November 03, 2024)
Sales of the leading household appliance companies worldwide in 2024 (in billion U.S. dollars) [Graph], Forbes, June 6, 2024. [Online]. Available: https://www.statista.com/statistics/257968/sales-of-the-leading-household-appliance-companies-worldwide/
