Market Insights Report
The Small Appliances segment includes everyday items which are used around the house. The segment is made up of small kitchen appliances, as well as vacuum cleaners, toasters, irons, grills, roasters, coffee machines,microwave ovens, air fryers, and electric kettles. The worldwide revenue of US$243 billion in 2023 is expected to increase to US$318 billion by 2029.This report from the series of Consumer Market Insights segment reports gives an overview of the Small Appliances market from an international perspective.
What's included?
The Small Appliances segment includes subsegments such as Small Kitchen Appliances, as well as Vacuum Cleaners, Toasters, Irons, Air fryers, Grills, Roasters, Coffee Machines, Microwave ovens and Electric Kettles. Significant factors in the steady growth of the Small Appliances segment are higher consumer incomes and a higher quality of life. In addition, in recent years, consumers have become more willing to buy more high-priced equipment. The Small Appliances segment is predicted to amount to US$318 billion by 2029, up from US$243 billion in 2023. In 2023, the Small Appliances segment accounted for nearly 40% of the worldwide Household Appliances' revenue. This report from the series of Consumer Market Insights segment reports gives an overview of the Small Appliances market from an international perspective.
Overview
Market Numbers
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Overview
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