Market Forecast By Types (Housewares, Fans), By Electric Fans Types (Ceiling Fans, Floor Fans, Wall-mounted Fans), By Electric Housewares Types (Air purifiers, Blenders, Broilers, Hair curlers, Heaters, Toothbrushes, Others) And Competitive Landscape
Product Code: ETC019433 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Cambodia Electric Housewares and Fans Market |
Forecast period | 2025-2031 |
CAGR | 4.2% |
Growing Sector | Household Appliances |
The Cambodia Electric Housewares and Fans Market report thoroughly covers the market by Types, Electric Fans Types, and Electric Housewares Types. The report provides an in-depth and thorough analysis of the current market trends, opportunities/high growth areas, and market drivers which will help stakeholders in formulating and aligning their market strategies according to the present and future market dynamics.
The Cambodia Electric Housewares and Fans Market is projected to witness substantial growth during the forecast period. This growth can be attributed to the increasing demand for high-quality electronic housewares and fans, and the rising trend of smart and energy-efficient appliances.
According to 6Wresearch, the Cambodia Electric Housewares and Fans Market is expected to grow at a CAGR of 4.2% during 2025-2031. The increasing disposable income of consumers is leading to a higher demand for modern and technologically advanced houseware and fan appliances. Additionally, the growing awareness among consumers regarding energy efficiency and environmental sustainability has also contributed to the market growth. The government initiatives promoting the use of energy-efficient appliances, coupled with the rising trend of smart homes, have also propelled the demand for electric housewares and fans in Cambodia. Moreover, advancements in technology such as Internet-of-Things (IoT) integration in appliances have further boosted market growth by offering convenience and ease of use to consumers.
Despite the promising growth prospects, the Cambodia Electric Housewares and Fans Market faces challenges. These include the fluctuating prices of raw materials used in the production of these appliances which can lead to higher production costs and ultimately affect the pricing of these products in the market. Moreover, the high energy consumption and carbon footprint may pose a challenge for manufacturers in the market. These challenges aim to promote sustainable practices, which can require additional investments and resources from companies to comply with energy efficiency standards.
Key players in the Cambodia Electric Housewares and Fans Market include international brands like Electrolux, Whirlpool Corporation, LG Electronics, Panasonic Corporation, Samsung Electronics, and Dyson. These companies are investing heavily in R&D to create innovative and efficient products to expand their market presence. Currently, Electrolux holds the largest share in the market.
The Government of Cambodia has implemented strict regulations to promote the production and consumption of high-quality and energy-efficient electric housewares and fans. The government also offers subsidies and incentives to promote sustainable and efficient practices and encourage investments in the household appliances industry. The Ministry of Industry, Science, Technology and Innovation launched the National Policy on Energy Efficiency and Conservation to reduce energy consumption by 20%. Additionally, the Ministry of Mines and Energy introduced a standard for household appliances' energy efficiency labelling to inform consumers about the energy consumption of different products.
The Cambodia Electric Housewares and Fans Market is expected to continue growing in the coming years, driven by factors such as increasing urbanization, electrification, and changing lifestyles, advancements in appliance technology, and the rising trend of smart appliances. With ongoing technological advancements and focus on R&D, more innovative and efficient appliances are being introduced into the market. The implementation of government regulations and initiatives towards sustainable practices will also play a significant role in shaping the future of the market. Moreover, with the increasing awareness about energy efficiency and a shift towards smart appliances, there is an opportunity for companies to capitalise on this trend by offering innovative and environmentally friendly alternatives in their product portfolio.
According to Dhaval, Research Manager, 6Wresearch, Electric Housewares hold the dominant market share due to their wide applications and convenience.
Ceiling fans are expected to hold the dominant share due to their energy efficiency and wide use in residential and commercial buildings.
Air purifiers are expected to dominate due to their increasing demand amid growing health concerns and environmental pollution.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cambodia Electric Housewares and Fans Market Overview |
3.1 Cambodia Country Macro Economic Indicators |
3.2 Cambodia Electric Housewares and Fans Market Revenues & Volume, 2021 & 2031F |
3.3 Cambodia Electric Housewares and Fans Market - Industry Life Cycle |
3.4 Cambodia Electric Housewares and Fans Market - Porter's Five Forces |
3.5 Cambodia Electric Housewares and Fans Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Cambodia Electric Housewares and Fans Market Revenues & Volume Share, By Electric Fans Types, 2021 & 2031F |
3.7 Cambodia Electric Housewares and Fans Market Revenues & Volume Share, By Electric Housewares Types, 2021 & 2031F |
4 Cambodia Electric Housewares and Fans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cambodia Electric Housewares and Fans Market Trends |
6 Cambodia Electric Housewares and Fans Market, By Types |
6.1 Cambodia Electric Housewares and Fans Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Housewares, 2021-2031F |
6.1.4 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Fans, 2021-2031F |
6.2 Cambodia Electric Housewares and Fans Market, By Electric Fans Types |
6.2.1 Overview and Analysis |
6.2.2 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Ceiling Fans, 2021-2031F |
6.2.3 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Floor Fans, 2021-2031F |
6.2.4 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Wall-mounted Fans, 2021-2031F |
6.3 Cambodia Electric Housewares and Fans Market, By Electric Housewares Types |
6.3.1 Overview and Analysis |
6.3.2 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Air purifiers, 2021-2031F |
6.3.3 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Blenders, 2021-2031F |
6.3.4 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Broilers, 2021-2031F |
6.3.5 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Hair curlers, 2021-2031F |
6.3.6 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Heaters, 2021-2031F |
6.3.7 Cambodia Electric Housewares and Fans Market Revenues & Volume, By Toothbrushes, 2021-2031F |
7 Cambodia Electric Housewares and Fans Market Import-Export Trade Statistics |
7.1 Cambodia Electric Housewares and Fans Market Export to Major Countries |
7.2 Cambodia Electric Housewares and Fans Market Imports from Major Countries |
8 Cambodia Electric Housewares and Fans Market Key Performance Indicators |
9 Cambodia Electric Housewares and Fans Market - Opportunity Assessment |
9.1 Cambodia Electric Housewares and Fans Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Cambodia Electric Housewares and Fans Market Opportunity Assessment, By Electric Fans Types, 2021 & 2031F |
9.3 Cambodia Electric Housewares and Fans Market Opportunity Assessment, By Electric Housewares Types, 2021 & 2031F |
10 Cambodia Electric Housewares and Fans Market - Competitive Landscape |
10.1 Cambodia Electric Housewares and Fans Market Revenue Share, By Companies, 2024 |
10.2 Cambodia Electric Housewares and Fans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |