Household Appliances Market Potential Growth Rate | Top Key Players Whirlpool

Posted by Andre on December 5th, 2019

A new research study from “Data Bridge Market Research”  with title Household Appliances Market Insights 2019, Global  Analysis and Forecast to 2026 provides an in-depth assessment of the Household Appliances Market  including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. Some of the leading key players profiled in this study: Whirlpool Corporation; Morphy Richards; LG Electronics; Havells India Ltd.; SAMSUNG; Electrolux; Koninklijke Philips N.V.; Haier lnc.; Panasonic Corporation; BSH Home Appliances Group; Hitachi Appliances


Global Household Appliances Market is expected to rise to an estimated value of USD 764.20 billion by 2026, rising from its initial estimated value of USD 521.59 billion in 2018, registering a CAGR of 4.89% in the forecast period of 2019-2026

Market Definition: Global Household Appliances Market

Household appliances also known as home or domestic appliances are devices and equipments that have been produced to increase the comfort levels of consumers and provide comfort in household activities such as cooking, cleaning, washing, storage, entertainment. Based on their functions and capabilities they are either mobile or fixed

 Top Manufacturers Profiles Operating in the Household Appliances Market :     

Few of the major competitors currently working in the household appliances market are Whirlpool Corporation; Morphy Richards; LG Electronics; Havells India Ltd.; SAMSUNG; Electrolux; Koninklijke Philips N.V.; Haier lnc.; Panasonic Corporation; BSH Home Appliances Group; Hitachi Appliances, Inc.; Mabe; Midea Group; Miele & Cie. KG.; SHARP CORPORATION; Aabsal Company; Ariston Thermo SpA; BORK; MIRC ELECTRONICS LIMITED; V-GUARD INDUSTRIES LTD and Teka Group.

Household Appliances Market  Scope and Market Size

Global Household Appliances Market By Product (Air Conditioners & Heaters, Laundry Appliances, Dishwashers, Cooking Appliances, Storage Appliances, Entertainment & Infotainment Appliances, Others)

Distribution Channel (Supermarkets & Hypermarkets, Retail, E-Commerce, Direct, Others)

Household Appliances Market  Country Level Analysis

Household Appliances Market is analysed and market size insights and trends are provided product & services, sample type, storage type, application, type of biobank and ownership as referenced above.

The countries covered in the biobanking market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.

Key Developments in the Market:

  • In November 2018, LG Electronics announced the launch of “LG Objet”, their premium electronics brand designed to make it more compatible with existing home furniture. The products launched under the brand combine wood and metal materials to make it more compatible with home décor, even doubling up as them.
  • In January 2018, BSH Home Appliances Group announced the launch of “Gaggenau” brand in India. This luxury products brand will complement the growing demand for luxury appliances. The products are to be imported from France & Germany will be in the price range of 2-20 lakhs.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
  • Market drivers and restraints analysis along with the analysis of the market structure

Some of the key questions answered in this report:

  • Detailed Overview of Household Appliances Market helps deliver clients and businesses making strategies.
  • Influential factors that are thriving demand and constraints in the market.
  • What is the market concentration? Is it fragmented or highly concentrated?
  • What trends, challenges and barriers will impact the development and sizing of Household Appliances Market ?
  • SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
  • What growth momentum or acceleration market carries during the forecast period?

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