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Global White Goods Market Size, Share, Analysis, Forecast: By Product: Air Conditioner, Refrigerator, Washing Machine, Dishwasher, Microwave Oven, Others; By End Use: Residential, Commercial; By Distribution Channel: Hypermarkets and Supermarkets, Speciality Store, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global White Goods Market Size
The global white goods market stood at a value of around USD 763.45 billion in 2023. The market is further expected to grow at a CAGR of 7.8% in the forecast period of 2024-2032 to attain a value of around USD 1,500.91 billion by 2032.
White Goods Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global White Goods Market Analysis
8.1 Key Industry Highlights
8.2 Global White Goods Historical Market (2018-2023)
8.3 Global White Goods Market Forecast (2024-2032)
8.4 Global White Goods Market by Product
8.4.1 Air Conditioner
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Refrigerator
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Washing Machine
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Dishwasher
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Microwave Oven
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global White Goods Market by End Use
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global White Goods Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Speciality Store
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Retail Store
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global White Goods Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America White Goods Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe White Goods Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific White Goods Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America White Goods Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa White Goods Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Alliance Laundry Systems LLC
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Blue Star Limited
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Electrolux AB
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Haier Group Corporation
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 LG Electronics Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global White Goods Market: Key Industry Highlights, 2018 and 2032
2. Global White Goods Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global White Goods Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global White Goods Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global White Goods Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global White Goods Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global White Goods Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. 2024-2032
9. Global White Goods Historical Market: Breakup by Region (USD Billion), 2018-2023
10. Global White Goods Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. North America White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
12. North America White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. Europe White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
14. Europe White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
15. Asia Pacific White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
16. Asia Pacific White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
17. Latin America White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
18. Latin America White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
19. Middle East and Africa White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
20. Middle East and Africa White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
21. Global White Goods Market Structure
Key Questions Answered in the Report
In 2023, the global white goods market attained a volume of nearly USD 763.45 billion.
The market is estimated to witness a healthy growth at a CAGR of 7.8% in the forecast period of 2024-2032.
The major drivers of the market include the increasing disposable income, rapid advancements in the electronic industry, increasing living standards, structural shift towards smart appliances, and growing competition among the electronic device manufacturers.
The key trends guiding the market growth include the growing demand for electronic devices and technological advancements and innovations.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various products included in the white goods market report are air conditioner, refrigerator, washing machine, dishwasher, and microwave oven, among others.
Residential and commercial are the different end-uses of the product.
Hypermarkets and supermarkets, speciality store, retail store, and online, among others, are the significant distribution channels of the product.
The major players in the market are Alliance Laundry Systems LLC, Blue Star Limited, Electrolux AB, Haier Group Corporation, and LG Electronics Inc., among others.
Analyst Review
The global white goods market attained a value of USD 763.45 billion in 2023, driven by the growing demand for electronic devices. Aided by the technological advancements and increasing disposable income, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market is divided into air conditioner, refrigerator, washing machine, dishwasher, and microwave oven, among others. On the basis of end-use, the market is divided into residential and commercial. The significant distribution channels of the product include hypermarkets and supermarkets, speciality store, retail store, and online, among others. The major regional markets for white goods are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Alliance Laundry Systems LLC, Blue Star Limited, Electrolux AB, Haier Group Corporation, and LG Electronics Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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