Household Appliances Report 2020 - Small Appliances

Statista Consumer Market Outlook - Segment Report

Household Appliances Report 2020 - Small Appliances The Small Appliances segment includes everyday items which are used around the house. The segment is made up of small kitchen appliances, as well as vacuum cleaners, toasters, irons, grills, roasters and coffee machines. The worldwide revenue of US$187 billion in 2019 is expected to increase to US$207 billion by 2023.


What's included?
  • Segment Overview Small Appliances
  • Market KPI comparison: Revenue and growth rate
  • Regional comparison, including revenue per capita

DescriptionContentTables

The Small Appliances segment includes subsegments such as Small Kitchen Appliances, as well as Vacuum Cleaners, Toasters, Irons, Grills, Roasters and Coffee Machines. Significant factors in the steady growth of the Small Appliances segment are higher consumer incomes and a higher quality of life. In addition, in recent years, consumers have become more willing to buy more high-priced equipment.

The Small Appliances segment is predicted to amount to US$207 billion by 2023, up from US$187 billion in 2019. As of 2019, the Small Kitchen Appliances subsegment accounted for 52% of the segment’s revenue, and this is predicted to increase to 53% by 2023. In 2019, the Small Appliances segment accounted for 36% of the worldwide Household Appliances' revenue, and 82% of volume sales.

  • Language: English
  • Released: January 2020
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