Global Small Environment Household Appliances Market Research Report 2024(Status and Outlook)

Global Small Environment Household Appliances Market Research Report 2024(Status and Outlook)

Report Overview

Small Environment Household Appliances mainly refer to several types of products, including humidifiers, air purifiers, air coolers, fresh air fans, water purifiers, household disinfectors, etc. Small environment appliances, often smart and easy to use, can help people save time and improve their quality of life, and have become increasingly popular in recent years.

The global Small Environment Household Appliances market size is projected to reach US$ 176272.77 Million by 2029 from US$ 91469.19 million in 2022 at a CAGR of 3.65% during 2023-2029. The prime reason for the growth of the small environment household appliances market in an increase in the disposable income of consumers worldwide especially in developing regions. The improvement of economic level has raised people's attention to the living environment and improved the pursuit of high-quality life, which This stimulates people's willingness to consume. Meanwhile, the rise in disposable income gives people the ability to consume. Innovation in product design has resulted in increased operational efficiency of small environment household appliances. Thus, the demand for small environment household appliances is expected to grow during the forecast period. Surging global urban population and changing lifestyles are also driving factors. More people live in cities and in less space and there are more single households, people travel and get inspiration from all over the world, and they also might have less time. So the appliances need to be functional and easy to use. This is one of the drivers for developing.

Some of the challenges faced by the industry include energy efficiency demand, the shift towards eco-friendly products, immediate shifts in demand and innovation of new technologies and quality control. All these factors are expected to hamper the growth of the market. Also, the rise in production costs poses challenges to companies, which may force them to increase the price of goods, which in turn makes consumers less willing to buy. Prices of many raw materials are rising. Worse still, the increased tariffs on raw materials drive the production costs. At the same time, labour costs are rising. These factors have led to an increase in the production cost of household appliances in a small environment.

The development of e-commerce has brought new opportunities to this market, especially after the pandemic. As people are more concerned about their safety, they are not comfortable purchasing products from retail stores and instead prefer buying electronic products through online channels, which provide huge discounts.

Segment by Type, the small environment household appliances market can be split into Smart Speaker, Mosquito Repellent, Air Treatment, Exhaust Fan Heater Lights, Steam Cleaners, Garment Steamers, Sewing Machines etc. In 2022, Smart Speaker segment has the highest market share at 20.57%, followed by Indoor Wiring Systems (11.20%). The third highest market size share in 2022 is smart toilet, with a market share of 7.35%. In the forecast period of 2023-2029, the market size of smart speaker will continue to be the highest, increasing to 30.10% in 2029.

On basis of geography, the small environment household appliances market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. The Asia-Pacific now leads the market share, currently accounting for 33.56% in 2022. This is mainly due to the improvement of the economic level of developing countries in the Asia-Pacific region, which has driven people's willingness to improve their living standards, which has brought great development impetus to the Asia-Pacific market. North America has the second largest market share, with a market share of 29.13% in 2022.

From the perspective of application scenarios, the small environment household appliances market can be divided into Cleaning Class, Air Handling Class, Clothing Care Class and Others. The others segment currently occupies a dominant position in the entire market, and has already occupied 36.35% market share in 2022. Its market share is closely followed by Air Handling Class with 35.13% in 2022. Air handing will get more popularity. It is expected that the market share of Air Handling Class will increase to 42.40% in 2023 and the market size of it is predicted to grow at a CAGR at 7.81%. This is mainly due to the increasing attention paid to the indoor air environment, and for many buildings, air handling equipment is a must.

In 2022, according to our calculations, the two indicators used to measure market concentration, CR5 and HHI, are 11.25% and 0.31% respectively. This shows that the small environment household appliances market is currently not concentrated. The key players in the market include Google, Amazon, Baidu, Crompton Greaves Consumer Electricals Ltd., Apple, Sharp Home (Sharp Corporation), Panasonic Corporation, Alibaba, Honeywell International Inc., DAIKIN INDUSTRIES, Ltd., Koninklijke Philips N.V., Haier Smart Home Co. Ltd., Midea Group Co. Ltd., Emerson Electric Co., LIXIL Group Corporation, Dyson, Airmate Electrical Co., Ltd, BROAN, Kohler Co, LG Electronics, Samsung, Blueair (Unilever), Toto Ltd, Singfun, Roca sanitario sA, Duravit AG, Jomoo Group, Aucma Co. Ltd, Villeroy and Boch, TCL, GREE ELECTRIC APPLIANCES INC. OF ZHUHAI, Fantech Pty Ltd., Huida Sanitary Ware Co Ltd., Royalstar, Others.

This report provides a deep insight into the global Small Environment Household Appliances market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Small Environment Household Appliances Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Small Environment Household Appliances market in any manner.

Global Small Environment Household Appliances Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Google

Amazon

Baidu

Crompton Greaves Consumer

Apple

Sharp Home (Sharp Corporation)

Panasonic Corporation

Alibaba

Honeywell International Inc.

DAIKIN INDUSTRIES, Ltd.

Koninklijke Philips N.V.

Haier Smart Home Co. Ltd.

Midea Group Co. Ltd.

Emerson Electric Co.

LIXIL Group Corporation

Dyson

Airmate Electrical Co., Ltd

BROAN

Kohler Co

LG Electronics

Samsung

Xiaomi

Blueair (Unilever)

Toto Ltd

Singfun

Roca sanitario sA

Duravit AG

Jomoo Group

Aucma Co. Ltd

Villeroy and Boch

Market Segmentation (by Type)

Household Sterilizer

Hand Dryer

Hand Washing Equipment

Smart Toilet

Residential Air Purifier

Electric Fan

Air Ejector Fan

Air Conditioning Fan

Dehumidifier

Others

by Application

Market Segmentation (by Application)

Cleaning Class

Air Handling Class

Clothing Care Class

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Small Environment Household Appliances Market

Overview of the regional outlook of the Small Environment Household Appliances Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Small Environment Household Appliances Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report. Show more