Market Forecast by Countries (United States, Canada), By Product (Refrigerator, Air Conditioner & Heater, Entertainment & Information Appliances, Washing Machine, Cleaning Appliance, Cooktop, Cooking Range, Microwave & Oven, Others), By Distribution Channel (Supermarket & Hypermarket, Specialty Stores, e-Commerce, Others) And Competitive Landscape
Product Code: ETC059478 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America household appliances market is expected to cope with the changing preferences of the customer and thus has the potential to grow. The consumer’s will to stay in sync with the latest technology has been and will remain to be one of the main growth drivers of the market. A major share of North America household appliances market consumers comprise of youth, which again is a major factor contributing towards sales. Although the market is facing a downfall due to the current COVID-19 situations, it is expected to recover once it is over. In these times of crisis buying, home appliances are the last thing one can think of, but the market will resume its pace once situations get back on track.
According to 6Wresearch, North America Household Appliances Market size has substantial growth prospects in 2021-27F. Small appliances are showing greater growth as compared to large appliances and this trend is expected to remain the same owing to the affordable prices, automation and precision they bring. These small innovative appliances make the lives of the working population easier, this working population constitute a major share in the United States and Canada. Replacement sales are the most important when major home appliances are considered and it depends on various factors. Consumers are attracted and to technologically advanced and efficient products which consume less power. Moreover, environment-friendly goods are also gaining a lot of popularity to curb the consequences of global warming.
The key market players of the Household Appliances Market globally are LG Electronics, Havells India Ltd., BSH Home Appliances, Midea Group, Miele & Cie, Haier Inc., Panasonic Corporation, Electrolux, Samsung, Whirlpool Corporation, Morphy Richards, Hitachi Appliances Inc., Koninlijke Philips N.V. and Bosch.
North America Household appliances market report thoroughly covers the market by product, distribution channel and countries including the United States and Canada. North America household appliances outlook report provides an unbiased and detailed analysis of ongoing North America household appliances market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America household appliances market is securing tremendous growth in the forthcoming years on the back of the rising disposable income of the population who spends on the house renovation process subsequently the purchase of home appliances would also increase and this has led to strengthening the market landscape across the region. Moreover, the kitchen appliance segment is estimated to gain momentum underpinned by a rising development of the advanced connected kitchen appliances such as smart WIFI pressure cookers, and coffee makers with Alexa. These technically advanced appliances capture the attention of the customers and make an idle purchase of the product as a result it is expected to boost the North America household appliances market.
Markets Covered
The Household Appliances Market in North America includes the following segments:
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 North America Household Appliances Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Household Appliances Market Revenues & Volume, 2020 & 2027F |
3.3 North America Household Appliances Market - Industry Life Cycle |
3.4 North America Household Appliances Market - Porter's Five Forces |
3.5 North America Household Appliances Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Household Appliances Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 North America Household Appliances Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 North America Household Appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Household Appliances Market Trends |
6 Canada Household Appliances Market, 2017 - 2027 |
6.1 Canada Household Appliances Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Canada Household Appliances Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 United States Household Appliances Market, 2017 - 2027 |
7.1 United States Household Appliances Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 United States Household Appliances Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 North America Household Appliances Market Key Performance Indicators |
9 North America Household Appliances Market - Opportunity Assessment |
9.1 North America Household Appliances Market Opportunity Assessment, By Countries, 2020 & 2027F |
9.2 North America Household Appliances Market Opportunity Assessment, By Product, 2020 & 2027F |
9.3 North America Household Appliances Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
10 North America Household Appliances Market - Competitive Landscape |
10.1 North America Household Appliances Market Revenue Share, By Companies, 2020 |
10.2 North America Household Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |