New Reports on Home Appliances Market
08 Dec 2022 • by Natalie Aster
LONDON – Market Publishers is pleased to inform that a lot of cutting-edge research studies covering the home appliances market have been recently uploaded to MarketPublishers.com. These new reports offer updated information on the examined markets’ performance and dynamics, discuss prevailing and emerging market trends, point out the major growth challenges and drivers, delve into the competitive landscape, identify future growth prospects, offer future short-term and long-term forecasts, and uncover other vital information on the development of the examined markets. Here are only some of the recent popular reports featuring the home appliances market available at MarketPublishers.com:
The global washing machines market is forecast to increase at a 3.83% CAGR during 2022-2027, spurred by the increasing population in urban areas, changing lifestyles, rising consumer purchasing power, ongoing technological advancements, and soaring online sales. By 2027, the value of the global washing machines market is slated to exceed USD 89.2 billion. The US is projected to be the fastest-growing country market for washing machines during the forecast period and is predicted to cross USD 13.7 billion by the year 2027…
The refrigerator is recognized as one of the most essential home appliance innovations over the years. The mounting demand for refrigerators encouraged manufacturers to develop and introduce new technologies to improve the utility of refrigerators worldwide. With an upturn in online retail sales and increasing Internet penetration rates across the globe, manufacturers now have new ways to reach potential customers even in remote areas. The global market for refrigerators is anticipated to expand at a 4.88% CAGR between 2022 and 2027, driven by the rising disposable incomes of consumers and ongoing technological advancements. Besides, such factors as the increasing adoption of smart infrastructure, growing use of IoT technologies along with government initiatives promoting the use of energy efficient home appliances will also boost the refrigerators market growth in the coming years…
Robotic Vacuum Cleaners Market
The world’s market for robotic vacuum cleaners is projected to exhibit impressive growth with an anticipated CAGR of over 23% between 2022 and 2030 and is poised to exceed a value of USD 29.8 billion by the end of the forecast period. Factors such as the rising number of working women, increasing purchasing power, ongoing product innovation, and growing trend of smart homes will likely drive the market growth during the forecast years. Among various types, floor vacuum cleaners are expected to maintain the dominant share of the overall market through 2030. Asia-Pacific is predicted to be the fastest-growing regional market for robotic vacuum cleaners during the next 8 years…
The Indian coffee machine market is poised for healthy growth at a CAGR of 8.51% during 2022-2028, driven by changing consumer tastes and lifestyles, a growing youth population, technological advancements, rising preference for coffee over tea, and increasing purchasing power. Furthermore, the growing number of cafes and coffee shops in the country is also expected to boost the Indian coffee machines market in the coming years. In 2028, the value of India’s coffee machine market is estimated to exceed USD 303.9 million…
Residential Vacuum Cleaners Market
The global market for residential vacuum cleaners is projected to register growth at a CAGR of 5.41% in the next 5 years and exceed the value of USD 23.86 billion by the end of 2027. Some of the major market growth drivers include increasing disposable incomes, a growing number of working population along with the rising proportion of women in the workforce especially in developing countries, enhancing indoor health and hygiene awareness, increasing investments in R&D, ongoing technological advancements, and the introduction of robotic vacuum cleaners…
The global smart shower market is slated for healthy growth during 2023-2030 with an anticipated CAGR of 11.8%. By 2030, the market value is projected to come to USD 2.71 billion. Manufacturers of smart showers are including a variety of combinations pertaining to materials, technologies, and designs in their portfolios, as well as focusing on developing innovative products. This, in turn, is driving the adoption of products with advanced features, resulting in the introduction of smart concepts catering to changing consumer needs. The residential/domestic application segment emerged as the dominant application segment of the smart shower market with a revenue-based share of 63.9% in 2022. Geographically, North America commands the largest share of the global smart shower market…
Many other topical research studies covering the home appliances market can be found in this Market Publishers’ catalogue.
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