Lucintel Forecasts The Global Household Appliances Market To Reach $934 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global household appliances market. The global household appliances market is expected to reach an estimated $934 billion by 2030 at a CAGR of 5.8% from 2023 to 2030. The major drivers for this market are increase in per capita income, consumer spending, housing activities, and increasing urbanization. The home comfort segment depicted the highest growth rate among all five segments in 2030.
Browse 37 figures/charts and 7 tables report to understand trends, opportunity and forecast in household appliances market to 2030 by product type (cooking appliances, refrigeration, laundry, home comfort, others), and region (North America, Europe, Asia Pacific and Rest of the World).
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for household appliances will experience moderate growth during 2024-2030. Of all the segments in the industry, the home comfort segment is likely to grow at the highest pace.
Download sample by clicking on household appliances market
Strong economic growth in developing nations, such ...
... as China, India, and the Middle East countries, is anticipated to boost the industry. Continuous innovation of products is very important for companies to sustain their successful position in the market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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