Global Home Appliance Trends in 2022
Home Appliance is part of Home Goods and includes a number of sub-sectors such as White Goods and Small Appliance. You may also be interested in Home Improvement.
Global demand for home appliances is expected to reach $27.8 billion by 2026, a 1.6% average year-on-year growth since 2017. In 2021, the United States was the biggest importer of home appliances at $5.15 billion, with Germany, Japan and France occupying the next 3 spots. This year, The Central African Republic saw a 426.7% increase in home appliance imports, while Gambia's imports dropped 36.9% year-on-year since 2017. Global home appliance exports are set to increase to $25.6 billion by 2026, with a 1.6% average annual growth since 2017. In 2021, China was the biggest exporter of home appliances at $11.7 billion, followed by Germany, Malaysia and the United States. Tanzania saw a 193.2% rise in home appliance exports this year, while Botswana's exports decreased 50.5% since 2017.
Top 10 countries
In 2022 major markets in the Home Appliance Industry were:
Home Appliance Market Data and Forecasts
How much the Home Appliance industry is expected to grow to 2026?
More in Home Appliance Industry for 2028Global Home Appliance Statistics
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