Title: Home Appliances Market offers good growth opportunities post COVID-19
1Presents a Research Report on Home Appliances
Market
The report on the Home Appliances Market is
segmented By Product (Refrigerator, Air
Conditioner Heater, Entertainment Information
Appliances, Washing Machine, Cleaning Appliance,
Cooktop, Cooking Range, Microwave Oven
Others), By Distribution Channel (Supermarket
Hypermarket, Specialty Stores, E-Commerce,
Others), and Region - COVID-19 Impact Analysis
and Forecast to 2026.
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2The Home Appliances Market Highlights Drivers
- The Home Appliances Market is estimated to grow
from USD 610.5 million in 2020 to USD 845.7
million by 2026 at a healthy CAGR of 5.6 during
the forecast period. - Home appliances can be broadly classified into
three categories, namely major appliances or
white goods, consumer electronics, and small
appliances. Major appliances are large home
appliances used for regular housekeeping tasks
such as washing laundry, cooking, food
preservation, etc.
- Market Insight
- By Product
- Based on product, the home appliances market is
classified into the refrigerator, air conditioner
heater, entertainment information appliances,
washing machine, cleaning appliance, cooktop,
cooking range, microwave oven and others. - The refrigerator segment held a significant
market share in 2020 and is estimated to register
a healthy CAGR during the forecast timeline.
Refrigerators are generally operated continuously
throughout the year. It has become a vital part
of a household and is one of the first
appliances, which is purchased once the household
income reaches an adequate level, further
bolsters the segment growth.
3Market Insight Competitive Insights
- By Region
- By region, the Asia Pacific market accounted for
a significant share in 2020 and is expected to
grow at a substantial CAGR in the following
years. - This is mainly ascribed to a rise in household
income, increase in the middle-class population,
rapid urbanization, easy access to consumer
finance, easy access to goods through the
development of retail channels, and change in
lifestyles of the population, further
proliferates the regional market growth. - Key Players
- Haier (China)
- Whirlpool Corporation (US)
- Samsung Electronics (South Korea)
- LG Electronics (South Korea)
- Bosch (Germany)
- Sony (Japan)
- Midea (China)
- Electrolux (Sweden)
- Philips (Netherlands)
- Panasonic Corporation (Japan).
4Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
5Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
6About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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