The Household Appliances Global Market Report 2023, provides comprehensive information on the household appliances market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Household Appliances Global Market Report 2023, the market size is expected to grow from $551.29 billion in 2022 to $606.58 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The household appliances industry is expected to grow to $859.71 billion in 2027 at a CAGR of 9.1%.

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The household appliances market is segmented:

1) By Type: Small Electrical Appliance, Household Cooking Appliance, Household Refrigerator And Home Freezer, Household Laundry Equipment, Other Major Household Appliance

2) By Application: Cooking, Cleaning, Other Applications

3) By Mode: Online, Offline

Asia-Pacific was the largest region in the household appliances market in 2022.

The table of contents in TBRC’s household appliances market report includes:
1. Executive Summary
2. Report Structure
3. Household Appliances Market Characteristics
4. Household Appliances Market Product Analysis
5. Household Appliances Market Supply Chain
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21. Household Appliances Market Competitive Landscape
22. Key Mergers And Acquisitions In The Household Appliances Market
23. Market Background: Electrical Equipment Manufacturing Market
24. Recommendations
25. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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