The North America Small Domestic Appliances Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027).
In addition, the adoption of these products at numerous restaurants and cafes is fuelled by the rise in the number of infrastructural units in the cafes and restaurants. Also, the growth of the market would witness bright prospects due to the growing middle-class population and their increased spending on home appliances products.
The adoption of household appliances assists the working population to save a significant amount of time and complete their high-value office tasks efficiently. Therefore, these aspects are anticipated to fuel the growth and demand for the small domestic appliances market during the forecasting period.
North America has been a promising market for small domestic appliances due to the constantly growing penetration of such products. The regional players are capitalizing on the potential of product replacement which has opened new growth avenues for the market of small domestic appliances in the market. Moreover, the region is home to some of the notable technological developments and witnessing a drastic upsurge in disposable income, which are likely to accelerate the growth of these products in the regional market.
The US market dominated the North America Air-Treatment Appliances Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,823 million by 2027. The Canada market is expected to witness a CAGR of 15.5% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 14.5% during (2021 - 2027).
Based on Product Type, the market is segmented into Cooking/Baking and Heating Appliances, Kitchen Appliances, Personal and Animal Care, Textile Handling Appliances, Cleaning Appliances, Air-Treatment Appliances, and others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Brand Outlets, Retail Stores, E-Commerce, and Others. Based on End User, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Small Domestic Appliances Market is Estimated to reach $397.97 billion by 2027, at a CAGR of 11.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Haier Smart Home Co., Ltd. (Haier Group Corporation) (Candy Hoover Group Srl), Dyson Limited, The Glen Dimplex Group (Morphy Richards), Groupe SEB, Kenwood Limited (De’ Longhi Group), Robert Bosch GmbH, Spectrum Brands Holdings, Inc. (Russell Hobbs), Stanley Black & Decker, Inc., Electrolux AB, and Whirlpool Corporation.
By Product Type
By Distribution Channel
By End User
By Country
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