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Global White Goods Market Size, Trends and Growth Opportunity, By Products (air conditioner, refrigerator, washing machine, dishwasher, microwave oven and others), By End Users (residential and commercial) By Distribution channel (supermarket/hypermarket,

Publisher QualiKet Research
Published Dec 01, 2022
SKU # QUA17624096

Description

Global White goods Market Size, Trends and Growth opportunity, By products (air conditioner,

refrigerator, washing machine, dishwasher, microwave oven and others), By end users (residential

and commercial) By distribution channel (supermarket/hypermarket, speciality store, retail store, e-

commerce and others), By region and forecast till 2027.

Global White Goods Market

The global white goods market was valued at US$712 billion in 2021 and it is expected to reach at

US$1032.0 billion in 2027 at a CAGR of 3.4 % during forecast period 2022-2027.

White goods are huge, bulky consumer durables or appliances that were previously only offered in

the color white. Although these products are now offered in a variety of hues, they are still referred

to as white items. They include devices like washing machines, air conditioners, refrigerators, and

others. During the projected period, rising home improvement spending and rising disposable

income are anticipated to fuel the expansion of the worldwide white goods market.

Market Drivers

The white goods sector offers a wide range of products that can be paired with cutting-edge

software to appeal to new customers and open up new routes of distribution. A key driver of

consumer development is the rising standard of living of individuals and their application in day-to-

day life, along with technological advancements in home appliances, rising standards of living and

disposable income, rising costs of home improvement, rising construction activity, and demand from

developing economies.

Market Restraint

During the projection period, escalating energy costs, rising electricity prices, and a growing lack of

adequate electrification are some of the key factors that will restrain market expansion and pose

new challenges to the white goods market's expansion.

COVID-19 Impact on White Goods Market

One of the main businesses suffering from severe disruptions as a result of the pandemic is the

chemical and materials sector. These disruptions include supply chain failures, postponements of

technology events, and office closures. The global supply chain has been negatively impacted by the

closure of numerous facilities and factories in important regions like North America, Europe, Asia-

Pacific, South America, and the Middle East and Africa. This has impeded production, delivery

schedules, and sales of various items. In addition, a number of businesses have already warned of

potential delays in product shipments and a decline in future product sales.

Market Segmentation

The global white goods market segmented on the basis of product, end-users and distribution

channel. On the basis of product it segmented into air conditioner, refrigerator, washing machine,

dishwasher, microwave oven and others. On the basis of end-use it segmented into residential and

commercial. On the basis of distribution channel it segmented into supermarket/hypermarket,

speciality store, retail store, e-commerce and others.

Regional Analysis

The global white goods market segmented into five regions North America, Europe, Latin America,

Asia Pacific, Middle East and Africa. During the forecast period, Asia-Pacific led the white goods

market, and this dominance is anticipated to continue. The region's rising standard of living, rising

disposable income and significant spending on home improvements like interior design are the main

factors boosting the market for white goods.

Key Players

Various key players are listed in this report such as Alliance Laundry System LLC, AB Electrolux, Blue

Star Limited, Haier Group Corporation, IFB Industries Ltd, LG Electronics Inc., Havells India Limited,

Koninklijke Philips N.V., The Middleby Corporation and Whirlpool Corporation.

Market Taxonomy

By Product

· Air Conditioner

· Refrigerator

· Washing Machine

· Dishwasher

· Microwave Oven

· Others

By End Users

· Residential

· Commercial

By Distribution Channel

· Supermarket/Hypermarket

· Speciality Store

· Retail Store

· E-Commerce

· Others.

By Region

· North America

· Latin America

· Europe

· Asia Pacific

· Middle East

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 White Goods Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global White Goods Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global White Goods Market Share Analysis, By Product
5.3 Global White Goods Market Size and Forecast, By Product
5.3.1 Air Conditioner
5.3.2 Refrigerator
5.3.4 Washing Machine
5.3.5 Dishwasher
5.3.6 Microwave Oven
5.3.7 Others
6 Global White Goods Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global White Goods Market Share Analysis, By Distribution Channel
6.3 Global White Goods Market Size and Forecast, By Distribution Channel
6.3.1 Supermarket/Hypermarket
6.3.2 Specialty Store
6.3.3 Retail Store
6.3.4 E-Commerce
6.3.5 Others
7 Global White Goods Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global White Goods Market Share Analysis, By End User
7.3 Global White Goods Market Share Analysis, By End User
7.3.1 Residential
7.3.2 Commercial
8 Global White Goods Market, By Region
8.1 Global White Goods Market Share Analysis, By Region
8.2 Global White Goods Market Share Analysis, By Region
9 North America White Goods Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America White Goods Market Share Analysis, By Product
9.3 North America White Goods Market Size and Forecast, By Distribution Channel
9.4 North America White Goods Market Size and Forecast, By End User
9.5 North America White Goods Market Size and Forecast, By Country
9.5.1 U.S
9.5.2 Canada
9.5.3 Mexico
10 Europe White Goods Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe White Goods Market Share Analysis, By Product
10.3 Europe White Goods Market Size and Forecast, By Distribution Channel
10.4 Europe White Goods Market Size and Forecast, By End User
10.5 Europe White Goods Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific White Goods Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific White Goods Market Size and Forecast, By Product Type
11.3 Asia Pacific White Goods Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific White Goods Market Size and Forecast, By End User
11.5 Asia Pacific White Goods Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America White Goods Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America White Goods Market Size and Forecast, By Product
12.3 Latin America White Goods Market Size and Forecast, By Distribution Channel
12.4 Latin America White Goods Market Size and Forecast, By End User
12.5 Latin America White Goods Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2. Rest of Latin America
13 Middle East White Goods Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East White Goods Market Share Analysis, By Product
13.3 Middle East White Goods Market Size and Forecast, By Distribution Channel
13.4 Middle East White Goods Market Size and Forecast, By End User
13.5 Middle East White Goods Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1. Alliance Laundry System LLC.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Development
15.1.6 Key Strategies
15.2. AB Electrolux
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Blue Star Limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Haier Group Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. IFB Industries Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. LG Electronics Inc.
15.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. Havells India Limited
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8. Koninklijke Philips N.V.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9. The Middleby Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10. Whirlpool Corporation
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies

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