"Assisting You In Establishing Data Driven Brands"
Fortune Business Insights™ Provides Competitive & Well-Researched Reports on Markets under the Consumer Goods Industry Containing Qualitativ
...e & Quantitative Insights into the Different Factors Driving and Shaping the Size, Share, and Overall Growth Trajectory of the Industry. The advent of next-gen technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) and their expanding applicability in household activities have made modern home appliances such as refrigerators and washing machines smart and efficient. For example, Sub-Zero’s cove dishwasher sends alerts to smartphones to notify the owner when it’s time to rinse the dishwasher or repair its components. One of the key factors raising the demand for advanced home appliances is the increasing disposable income, especially in Asia-Pacific resulting from rapid economic growth in the region. Another factor bolstering this industry is the unprecedented rate of urbanization in Asia and Africa. Companies thriving in this industry are responding likewise to the escalating demand for consumer goods. For instance, in 2017, Samsung unveiled its QuickDrive™ washing machine technology that reduces laundry time by half. Fortune Business Insights™ intends to deliver thorough analysis of the emerging industry trends so as to aid businesses to strategize according to the evolving consumer needs.
Read MoreThe global home appliances market size was valued at USD 646.56 billion in 2021. The market is projected to grow from USD 675.59 billion in 2022 to USD 987.35 billio... Read More
December, 2022 | Base Year: 2021 | No Of Pages: 223
The U.S. mini fridge market size was valued at USD 28.36 million in 2021. The market is projected to grow from USD 31.12 million in 2022 to USD 59.11 million by 2029... Read More
September, 2022 | Base Year: 2021 | No Of Pages: 109
The global pressure cooker market size was USD 4.47 billion in 2020. The market is expected to grow from USD 4.57 billion in 2021 to USD 7.44 billion in 2028 at a CA... Read More
April, 2022 | Base Year: 2020 | No Of Pages: 163
The Asia Pacific refrigerator market size was USD 16.91 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with the product witnes... Read More
June, 2021 | Base Year: 2020 | No Of Pages: 160
The global washing machine market size was USD 52.80 billion in 2020 and is projected to grow from USD 55.18 billion in 2021 to USD 80.24 billion in 2028 at a CAGR o... Read More
May, 2021 | Base Year: 2020 | No Of Pages: 169
The global consumer electronics market size was USD 729.11 billion in 2019. The global impact of COVID-19 has been unprecedented and staggering, with consumer electr... Read More
January, 2021 | Base Year: 2019 | No Of Pages: 170
The global kitchen appliances market size was USD 159.29 billion in 2019 and is projected to reach USD 210.80 billion by 2027, expected to grow at a CAGR of 3.7% dur... Read More
December, 2020 | Base Year: 2019 | No Of Pages: 160
The global toaster market size was USD 3.83 billion in 2019 and is projected to reach USD 4.72 billion by 2027, exhibiting a CAGR of 4.2% during the forecast period.... Read More
October, 2020 | Base Year: 2019 | No Of Pages: 160
The global refrigerator market size was valued at USD 64.17 billion in 2018 and is projected to reach USD 103.95 billion by 2026, exhibiting a CAGR of 6.3% during th... Read More
April, 2020 | Base Year: 2018 | No Of Pages: 125