White Goods Market

White Goods Market Size, Share, Growth Analysis, By Product(Cooling-Refrigerator, Cooling-Freezer, Washing Machine-Front Load, Washing Machine-Top Load), By Sales Channel(Online Sales, Offline Sales), By Region(North America, U.S., Canada, Mexico) - Industry Forecast 2024-2031


Report ID: UCMIG25H2009 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

White Goods Market Insights

Market Overview:

Increasing expenditure on home improvements and growing disposable income are expected to fuel the expansion of the global white goods market over the course of the forecast period. As more people use smart appliances to raise their living standards, manufacturers of white goods are making significant investments in R&D. The expansion of smart and advanced white goods has been further fueled by the increasing adoption of automation in important industries. In addition, the retail industry's continued rapid rise and rising standards of living will expand the market for white goods during the projected period.

White Goods 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 Household Appliances by segment aggregation, the contribution of the Household Appliances 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 White Goods was estimated to be valued at US$ XX Mn in 2021.

The White Goods Market is estimated to grow at a CAGR of XX% by 2028.

The White Goods Market is segmented on the basis of Product, Sales Channel, Region.

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

The key players operating in the White Goods Market are Whirlpool Corporation, LG Electronics, Haier Group, Samsung Group, Electrolux, Panasonic Corporation, Midea, Sears, Bosch, Hisense, Arcelik, Meiling.

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White Goods Market

Report ID: UCMIG25H2009

$5,300
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