"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 More
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: 2026 | No Of Pages: 125
The global washing machine market size was USD 51.98 billion in 2018 and is projected to reach USD 80.87 billion by 2026, exhibiting a CAGR of 5.8% during the foreca... Read More
April, 2020 | Base Year: 2018 | No Of Pages: 125