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Domestic Appliances

Global demand for domestic appliances is forecast to expand 3.3% p.a. between 2014 and 2018. Currently, kitchen appliances account for 46.1% of the global demand while the remaining market share is divided between laundry appliances (10.4%), heating appliances (6.8%), vacuum cleaners (6.8%), electric shavers and hair care equipment (5.5%), electric fans (4.1%), water heaters (4.0%), electro-thermic hand drying equipment (0.1%), parts for domestic appliances (6.0%) and other domestic appliances (10.3%).

Bangladesh, China, Japan, Tanzania, United States are considered the highest potential markets in the coming years. China, Germany, Japan, South Korea and the United States represent the largest domestic appliance markets while the strongest annual growth is forecast to occur in Tanzania (22.2%), Bangladesh (12.4%), Bolivia (12.1%), Jordan (9.4%) and Sri Lanka (9.2%).

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Reports dispatched immediately by email after your purchase