Home Appliances Glass Market

Home Appliances Glass Market Size, Share, Growth Analysis, By Application(Refrigerators, Cooking Appliances), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG25F2028 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Home Appliances Glass Market Insights

Market Overview:

The size of the world market for glass household appliances was estimated at USD 7.32 billion in 2021 and is projected to increase at a CAGR of 4.0% from 2022 to 2030. The market is expected to increase as a result of rising sales and manufacture of appliances such refrigerators, ovens, display cabinets, microwaves, and induction cooktops. As part of its USD 60 million investment, GE Appliances inaugurated a new four-door refrigerator assembly line in Kentucky, United States, in September 2021. Appliances like microwaves, cookware, and refrigerators frequently include control panels, exteriors, and interiors made of tempered glass. As a result, market expansion is benefited by rising investments in increasing the production capacity of appliances.

Home Appliances Glass Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Home Furnishings by segment aggregation, the contribution of the Home Furnishings in Consumer Durables & Apparel and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Home Appliances Glass was estimated to be valued at US$ XX Mn in 2021.

The Home Appliances Glass Market is estimated to grow at a CAGR of XX% by 2028.

The Home Appliances Glass Market is segmented on the basis of Application, Region.

Based on region, the Home Appliances Glass Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Home Appliances Glass Market are Dongguan Hongxi Glass Intelligence Technology Co., Ltd., Glaston Corporation, Guardian Industries Holdings, Ningbo Bilily Tempered Glass Products Co., Ltd., Nippon Electric Glass Co., Ltd., Nippon Sheet Glass Co., Ltd., Qingdao Lansen Glass Technology Co., Ltd., SCHOTT, Sinclair Glass.

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Home Appliances Glass Market

Product ID: UCMIG25F2028

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