Home Appliances Market Size to Grow USD 282150 Million by 2029 at a CAGR of 4.4% | Valuates Reports
The Home Appliances market was valued at USD 207980 million in 2022 and is anticipated to reach USD 282150 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029.
- The Home Appliances market was valued at USD 207980 million in 2022 and is anticipated to reach USD 282150 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029.
- Home appliances market growth is influenced by a number of variables, including rising consumer expenditure, including per capita income, and changing customer preferences.
- TRENDS INFLUENCING THE GROWTH OF HOME APPLIANCES MARKET:
The longevity of high-quality home appliances is one of their most significant advantages. - HOME APPLIANCES MARKET SHARE ANALYSIS:
The top companies in the world market for home appliances include Haier, Midea, Whirlpool, etc., who together account for around 33%.