Major Home Appliances Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Manufacturer of Major Home Appliances and it is segmented by type (Refrigerators, Washing Machines, Dishwashers, Cookers and Ovens, freezers), by Distribution Channel, and by Geography.

Major Home Appliances Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Major Home Appliances Market Size

Major Home Appliances Market (2020-2025)
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Major Home Appliances Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Major Home Appliances Market with other markets in Home and Property Improvement Industry

Kitchen Appliances

Home Appliances

Laundry Appliances

Home Decor

Furniture and Furnishings

Floor Coverings

Major Home Appliances Market Analysis

The Major Home Appliances Market is expected to register a CAGR of greater than 4% during the forecast period.

Due to technological advancements and rising digitalization, consumers are becoming more tech-savvy and becoming increasingly inclined towards modern appliances due to all the benefits associated with them. There is also a rising global trend of smart home appliances which is gaining popularity. The number of smart appliances being introduced in the market is increasing rapidly and the rising emergence of smart homes is facilitating this increase of these smart appliances, which can be connected to the customer's smartphone and monitored remotely. Technological innovations in the industry are also anticipated to boost the demand for major home appliances.

Major Home Appliances Industry Overview

The major home appliances market is highly competitive with some of the major companies such as LG, Samsung, GE electronics, Haier and Whirlpool. Companies are becoming technologically advanced and coming up with innovative features such as integrating their products with the IoT to make customers' lives comfortable and convenient. IoT is the interconnectivity of physical objects and devices that are integrated with sensors and software that allows them to exchange and collect data. Furthermore, manufacturers are mainly focusing on the development of self-directed, smart appliances with the integration of intelligent electronic control, sensors, and machine programming methods. Several companies such as LG and Samsung are getting ahead of the smart technologies revolution by offering products including smart washing machines and smart refrigerators.

Major Home Appliances Market Leaders

  1. Haier Group

  2. Whirlpool Corporation

  3. AB Electrolux

  4. BSH Hausgeräte GmBh

  5. Samsung Electronics

  6. GE

  7. *Disclaimer: Major Players sorted in no particular order
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Major Home Appliances Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Opportunities
  • 4.4 Market Restraints
  • 4.5 Industry Value Chain Analysis
  • 4.6 Porters 5 Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry
  • 4.7 Insights on household Appliances Consumption
  • 4.8 Insights on household appliances production
  • 4.9 Insights on technological innovations in the home appliances market

5. MARKET SEGMENTATION

  • 5.1 By Product
    • 5.1.1 Refrigerators
    • 5.1.2 Washing Machines
    • 5.1.3 Dishwashers
    • 5.1.4 Cookers and ovens
    • 5.1.5 Freezers
    • 5.1.6 Others (Microwaves, vacuum cleaners)
  • 5.2 By Distribution Channel
    • 5.2.1 Supermarkets/Hypermarkets
    • 5.2.2 Specialty Stores
    • 5.2.3 Online
    • 5.2.4 Other Distribution Channels
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Competion Overview
  • 6.2 Company Profiles
    • 6.2.1 Whirlpool Corporation
    • 6.2.2 Electrolux AB
    • 6.2.3 Haier Group
    • 6.2.4 LG Corp
    • 6.2.5 Samsung Electronics
    • 6.2.6 General Electric (GE)
    • 6.2.7 Panasonic Corp
    • 6.2.8 BSH Hausgerte GmbH
    • 6.2.9 Toshiba Corporation
    • 6.2.10 Philips
    • 6.2.11 Robert Bosch
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER

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Major Home Appliances Industry Segmentation

The major home appliances market report provides in-depth coverage of the global home appliances market which includes an assessment of the parental market, emerging trends by segments and regional markets and insights on consumption and production of home appliances at regional levels. Additionally, the report also provides a qualitative and quantitative assessment of the market and competitive landscape covering the major players present in the home appliances industry.

By Product Refrigerators
Washing Machines
Dishwashers
Cookers and ovens
Freezers
Others (Microwaves, vacuum cleaners)
By Distribution Channel Supermarkets/Hypermarkets
Specialty Stores
Online
Other Distribution Channels
By Geography North America
Europe
Asia-Pacific
South America
Middle East and Africa
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Major Home Appliances Market Research FAQs

What is the current Major Home Appliances Market size?

The Major Home Appliances Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Major Home Appliances Market?

Haier Group, Whirlpool Corporation, AB Electrolux, BSH Hausgeräte GmBh, Samsung Electronics and GE are the major companies operating in the Major Home Appliances Market.

Which is the fastest growing region in Major Home Appliances Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Major Home Appliances Market?

In 2025, the North America accounts for the largest market share in Major Home Appliances Market.

What years does this Major Home Appliances Market cover?

The report covers the Major Home Appliances Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Major Home Appliances Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Major Home Appliances Industry Report

Statistics for the 2025 Major Home Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Major Home Appliances analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.