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The Asia Pacific household appliances market size was valued at USD 286.47 billion in 2023. The market is further projected to grow at a CAGR of 4.4% between 2024 and 2032, reaching a value of USD 423.85 billion by 2032.
According to the Asia Pacific household appliances market analysis, consumers are increasingly demanding energy-efficient models and customizable options. Manufacturers of household appliances are investing in research and development to create innovative, user-friendly, and environmentally friendly appliances to enhance their competitiveness in the market. Investing in eco-friendly and energy-saving appliances contributes to a greener future and aligns with consumer preferences. The trend of living alone aids the demand for multifunctional appliances that enhance space and functionality.
According to the Asia Pacific household appliances market report, the development and integration fo advanced technologies, such as automation and AI are driving the demand for smart household appliances. There is a rising popularity of robotic vacuum cleaners, personal care devices, and smart kitchen appliances among tech-savvy consumers. Further, e-commerce channels have risen to become the sale of household appliances in China. Manufacturers of household appliances can leverage online platforms to expand their customer base. According to the China Center for Information Industry Development (CCID), consumers are increasingly demanding high-quality and easy-to-use household appliances such as high-speed blenders with self-cleaning functions, scrubbers that can intelligently detect dust and recycle sewage, and sweeping robots that can automatically gather dust, replenish water, and dry the floor.
Asia Pacific Household Appliances Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Product:
Market Breakup by Price Range:
Market Breakup by Distribution Channel:
Market Breakup by Country:
The key players in the household appliances market in Asia Pacific are producing high-quality household appliances to meet the needs of residential consumers.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Price Range |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Household Appliances Market Overview
8.1 Key Industry Highlights
8.2 Global Household Appliances Historical Market (2018-2023)
8.3 Global Household Appliances Market Forecast (2024-2032)
8.4 Global Household Appliances Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Asia Pacific Household Appliances Market Overview
9.1 Key Industry Highlights
9.2 Asia Pacific Household Appliances Historical Market (2018-2023)
9.3 Asia Pacific Household Appliances Market Forecast (2024-2032)
10 Asia Pacific Household Appliances Market by Product
10.1 Major Appliances
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Market by Type
10.1.3.1 Air Conditioners
10.1.3.2 Refrigerators
10.1.3.3 Washing Machines
10.1.3.4 Dishwashing Machines
10.1.3.5 Ovens
10.1.3.6 Others
10.2 Small Appliances
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Market by Type
10.2.3.1 Vacuum Cleaners
10.2.3.2 Grills and Roasters
10.2.3.3 Food Processors
10.2.3.4 Air Purifier
10.2.3.5 Coffee/Tea Makers
10.2.3.6 Water Purifier
10.2.3.7 Others
11 Asia Pacific Household Appliances Market by Price Range
11.1 Economy
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mid-Economy
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Premium
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Asia Pacific Household Appliances Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Specialty Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Asia Pacific Household Appliances Market by Country
13.1 China
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Japan
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 India
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 ASEAN
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Trade Data Analysis (HS Code – 8509, 8450, 84182)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Samsung Electronics Co. Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 LG Electronics Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Whirlpool Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Electrolux AB
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Hitachi, Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Panasonic Holdings Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Haier Group Corporation
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Gree Electric Appliances, lnc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Robert Bosch GmbH
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Koninklijke Philips N.V.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Conair LLC
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Midea Group Co. Ltd.
16.2.12.1 Company Overview
16.2.12.2 Product Portfolio
16.2.12.3 Demographic Reach and Achievements
16.2.12.4 Certifications
16.2.13 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Household Appliances Market: Key Industry Highlights, 2018 and 2032
2. Asia Pacific Household Appliances Market: Key Industry Highlights, 2018 and 2032
3. Asia Pacific Household Appliances Historical Market: Breakup by Product (USD Billion), 2018-2023
4. Asia Pacific Household Appliances Market Forecast: Breakup by Product (USD Billion), 2024-2032
5. Asia Pacific Household Appliances Historical Market: Breakup by Price Range (USD Billion), 2018-2023
6. Asia Pacific Household Appliances Market Forecast: Breakup by Price Range (USD Billion), 2024-2032
7. Asia Pacific Household Appliances Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. Asia Pacific Household Appliances Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. Asia Pacific Household Appliances Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Asia Pacific Household Appliances Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. Asia Pacific Household Appliances Market Structure
In 2023, the Kitchen appliances market reached an approximate value of USD 286.47 billion.
The market is expected to grow at a CAGR of 4.4% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 423.85 billion by 2032.
The most owned household appliances are microwaves, refrigerators, cookers/ovens, vacuum cleaners, and washing machines.
A home appliance or a household appliance is a machine that assists in household functions such as cooking, cleaning, and food preservation.
The major drivers of the market include a changing consumer lifestyle, the demand for household appliances to save time, and the development of smart home appliances.
Key trends aiding market expansion include advancement in appliance design, rising demand for energy-efficient products, and the expansion of residential construction.
Major countries in the market are China, Japan, India, ASEAN, Australia, and others.
The distribution channels of household appliances are supermarkets and hypermarkets, specialty stores, online, and others.
Key players in the market are Samsung Electronics Co. Ltd., LG Electronics Inc., Whirlpool Corporation, Electrolux AB, Hitachi, Ltd., Panasonic Holdings Corporation, Haier Group Corporation, Gree Electric Appliances, lnc., Robert Bosch GmbH, Koninklijke Philips N.V., Conair LLC, Midea Group Co. Ltd., and others.
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