Global Household Cooking & Appliance Manufacturing
Buoyed primarily from rising demand for industry products among developing economies, the Global Household Cooking and Appliance Manufacturing industry is projected to expand over the five years to 2019. Even as global economic growth remained tepid early in the period, rising incomes and expanding access to electricity in Asia, Latin America and Africa supported demand for industry products. Rising consumer spending and increasing per capita income levels in developed economies and rapid economic growth in emerging markets have driven industry growth. Over the five years to 2024, the industry is expected to grow due to the strengthening global economy, continued growth in emerging economies and a growing population requiring household appliances. Developed economies with increasing income and emerging economies with a growing middle class are anticipated to intensify demand.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook