Global Small Household Appliances Market Size and Forecast to 2021 – 2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Small Household Appliances data that enhances the understanding, scope, and application of this report.
The study includes market share analysis and profiles of players such as Panasonic Corporation, Whirlpool Corporation, Spectrum Brands, JS Global Lifestyle Company, Zojirushi Corporation and Hamilton Beach Brands.
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The global small household appliances market is forecasted to reach US$159.49 billion in 2024, growing from US$115.30 billion in 2020. The market is predicted to grow at a CAGR of 8.45% during the period spanning 2020-2024.
Executive Summary:
The growth in the global small household appliances market was driven by various factors like increasing global population, surging GDP per capita, rising internet penetration, increasing smartphone users and upsurge in working population. The market growth is predicted to be driven by various market trends like rising global urban population, growing adoption of internet of things (IoT) and evolving consumer needs & lifestyle. The market is expected to face privacy threats which are likely to hamper market growth.
The global small household appliances market has been segmented into the following regions: US, China and Rest of World. In 2019, the dominant share of the market was held by the US segment, followed by China. The US small household appliances market by product category can be segmented as follows: personal care, home environment, cooking and food preparation. The dominant share of the market in 2019 was held by personal care segment, followed by home environment segment, cooking and food preparation, respectively. China small household appliances market by product category can be segmented into the following four segments: cooking, home environment, food preparation and personal care. In 2019, the highest share of the China market was held by cooking segment, followed by home environment, food preparation and personal care, respectively.
Key Target Audience:
– Small Household Appliances Manufacturers
– Raw Material Providers
– End Users (Businesses/Consumers)
– Investment Banks
– Government Bodies & Regulating Authorities
Browse the report description and TOC:
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Small Household Appliances market.
The study objectives of this report are:
- To study and analyze the global Small Household Appliances size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2023, and forecast to 2024.
- To understand the structure of Small Household Appliances by identifying its various sub-segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Small Household Appliances manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Small Household Appliances with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Small Household Appliances submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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