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The Global Kitchen Appliances Market is Projected to Exceed $240.5 Billion by 2023 - Increasing Disposable Income of the Population - ResearchAndMarkets.com

December 17, 2018

DUBLIN--(BUSINESS WIRE)--Dec 17, 2018--The “Global Kitchen Appliances Market - Segmented by Product (Water Purifiers, Microwave Oven, Refrigerator, Induction Stove, Dishwasher) by Distribution Channel, and Geography - Growth, Trends, and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.

The global kitchen appliance market was valued at USD 163.8 billion in 2017 and is expected to reach a value of USD 240.49 billion by 2023, witnessing a CAGR of 6.54% over the forecast period (2018-2023).

Energy efficiency, technology advancements, cost, and quality of the products are major factors that impact the consumers’ purchasing preference.

The advent of e-commerce industry and investment in expanding the range and coverage of distribution channels has allowed major industry participants to reach consumers with ease.

Increasing demand for product up-gradation, changing consumer lifestyle, and increasing income levels are also expected to drive industry growth over the forecast period

Key Highlights

Increasing Disposable Income of the Population is Expected to Drive the Growth of Kitchen Appliances Refrigerators is Expected to be in Demand Among the Kitchen Appliances India has Emerged as One of the Primary Hotspots for Growth of Kitchen Appliances

Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. Segmentation By Products

7. Segmentation By Distribution Channel

8. Segmentation By Geography

9. Company Profiles

10. Investment Analysis

11. Future of the Global Kitchen Appliances Market

Companies Profiled

Philips Electronics Murphy Richards Limited Samsung Electronics Robert Bosch GmbH Electrolux AB Panasonic Corporation Havells Haier Group Corporation Whirlpool Corporation LG Electronics Toshiba Corporation

For more information about this report visit https://www.researchandmarkets.com/research/hx5d2j/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005534/en/

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Related Topics:Household Appliances

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/17/2018 10:56 AM/DISC: 12/17/2018 10:56 AM

http://www.businesswire.com/news/home/20181217005534/en

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