Europe Small Home Appliances Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 1.40 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Small Home Appliances Market Analysis
A small appliance, small domestic appliance, or small electrics are portable or semi-portable machines, generally used on table-tops, counter-tops, or other platforms, to accomplish a household task. Small appliances include vacuum cleaners, coffee makers, humidifiers, toasters, and microwave ovens, among many others. Small domestic appliances are gaining popularity, owing to change in lifestyle of consumers which has increased the demand for these small appliances. Consumers are becoming tech savvy and using domestic appliances to save time. Modern ways of distribution and expansion of manufacturers through e-commerce is supporting the growth of the Europe small home appliances market. Europe market for small appliances is expected to witness significant growth over the coming years owing to the growing livings standards of consumers. The use of small appliances has three chief advantages such as time saving, decrease in manual efforts, and effective results. Value-added features and upgrading the new products are also anticipated to trigger the demand for small appliances in the upcoming years.
Europe Small Home Appliances Market Trends
This section covers the major market trends shaping the Europe Small Home Appliances Market according to our research experts:
Vacuum Cleaner Segment
Vacuum cleaners are electrical appliances used in cleaning floors and carpets using suction. Vacuum cleaners promote eco-friendliness; thus, help in preventing dust related allergies among the asthma patients.The growing awareness of advantages such as convenience, time-efficiency, and benefits derived from vacuum cleaners is expected to promote the demand for vacuum cleaners over the forecast period. The growing adoption of vacuum cleaners across various industries, such as manufacturing, healthcare, and retail and consumer, to maintain hygiene and protection against hazardous dust at workplace is expected to drive the growth of the market.
Growth in Smart Homes is Driving the Market in Europe
Smart home refers to modern homes where appliances and devices can be automatically controlled remotely from anywhere with an internet connection using a mobile or other networked device. The important reason behind the rising demand of smart home appliances is a tech savvy young generation in Europe. Young people find more value in the concept of smart homes and connected devices mainly because of the convenience that these devices offer. The growth of the Europe home appliances market is driven by factors such as growing number of internet users and increasing number of smart homes.
Europe Small Home Appliances Industry Overview
The report covers major international players operating in the Europe Small Home Appliances Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
Europe Small Home Appliances Market Leaders
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Philips
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BSH Hausgerate GmbH
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Gorenje Group
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Electrolux AB
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Dyson Ltd
*Disclaimer: Major Players sorted in no particular order
Europe Small Home Appliances Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain / Supply Chain Analysis
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4.5 Porters 5 Force Analysis
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4.5.1 Threat of New Entrants
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4.5.2 Bargaining Power of Buyers/Consumers
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4.5.3 Bargaining Power of Suppliers
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4.5.4 Threat of Substitute Products
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4.5.5 Intensity of Competitive Rivalry
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4.6 Impact of COVID-19 on the Market
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5. MARKET SEGMENTATION
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5.1 Product
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5.1.1 Vacuum Cleaners
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5.1.2 Small Kitchen Appliances
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5.1.3 Personal Care Appliances
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5.1.4 Irons
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5.1.5 Heating Appliances
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5.1.6 Food Preparation Appliances
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5.1.7 Others
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5.2 Distribution Channel
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5.2.1 Supermarkets
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5.2.2 Specialty Stores
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5.2.3 Online
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5.2.4 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profiles
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6.2.1 Philips
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6.2.2 BSH Hausgerate GmbH
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6.2.3 Eletrolux AB
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6.2.4 Dyson Ltd
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6.2.5 Gorenje Group
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6.2.6 DeLonghi Spa
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6.2.7 Miele
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6.2.8 Vorwerk
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6.2.9 Taurus Group
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6.2.10 Kalorik Group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. APPENDIX
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9. DISCLAIMER
Europe Small Home Appliances Industry Segmentation
A complete background analysis of the Europe Small Home Appliances Market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.
Product | |
Vacuum Cleaners | |
Small Kitchen Appliances | |
Personal Care Appliances | |
Irons | |
Heating Appliances | |
Food Preparation Appliances | |
Others |
Distribution Channel | |
Supermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
Europe Small Home Appliances Market Research FAQs
What is the current Europe Small Home Appliances Market size?
The Europe Small Home Appliances Market is projected to register a CAGR of greater than 1.40% during the forecast period (2024-2029)
Who are the key players in Europe Small Home Appliances Market?
Philips, BSH Hausgerate GmbH, Gorenje Group, Electrolux AB and Dyson Ltd are the major companies operating in the Europe Small Home Appliances Market.
What years does this Europe Small Home Appliances Market cover?
The report covers the Europe Small Home Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Small Home Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Small Domestic Appliances Industry Report
Statistics for the 2024 Europe Small Domestic Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Small Domestic Appliances analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.