Global Household Cooking & Appliance Manufacturing
Rising consumer spending and increasing per capita income levels in developed economies and rapid economic growth in emerging markets have driven industry growth. Such positive economic conditions have also expanded industry profit margins, as strong consumer demand has enabled industry operators to increase output and raise per-unit product selling prices. Additionally, shifting manufacturing activities to low-labor-cost countries has cut down the per-unit cost of production and permitted brand owners to focus on research and development. Over the five years to 2022, the industry is expected to grow due to the strengthening global economy, continued growth in emerging economies and a growing population requiring household appliances.
Companies in this industry manufacture both major and small electric appliances for household use. Products manufactured by the industry include laundry equipment, refrigerators, freezers, dishwashers, irons, food mixers, humidifiers and shavers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.