North America Small Home Appliances Market Report and Forecast 2024-2032
Market Report I 2023-11-14 I 133 Pages I EMR Inc.
North America Small Home Appliances Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the North America small home appliances market is projected to grow at a CAGR of 3.50% between 2024 and 2032. Aided by the shifting lifestyles of consumers, the pressing need for convenience, and rapid technological advancements, the market is expected to grow significantly by 2032.
Small home appliances refer to the range of portable or semi-portable gadgets that are primarily utilised for specific tasks. These include coffee makers, microwaves, toaster ovens, blenders, vacuum cleaners, and more. They play a crucial role in enhancing the ease of daily chores and optimising the living standards of consumers. Thanks to the technological progress, these appliances are not just tools but smart, connected devices that interact, learn, and adapt to user behaviour.
One of the primary North America small home appliances market trends include the continuous pursuit of convenience by consumers. With hectic lifestyles, individuals are increasingly relying on efficient and quicker methods to accomplish household tasks. This drives the demand for multifunctional and technologically advanced appliances that save time and deliver effective results.
Additionally, the evolution of smart homes has contributed significantly to North America small home appliances market demand. As homes become more connected, the demand for smart small appliances that can be controlled remotely, provide feedback, or can be integrated with other home systems has surged. Integration capabilities with AI-powered platforms such as Amazon's Alexa, Google Assistant, and Apple's Siri further enhance the appeal of these devices, fuelling their adoption.
The sustainability trend is also leaving its mark on the small home appliances sector and propelling the North America small home appliances market growth. As consumers become more environmentally conscious, there's a growing preference for energy-efficient devices that minimise carbon footprints and reduce electricity bills. Brands are responding by designing appliances that meet ENERGY STAR certifications or employ green technologies.
Yet another factor augmenting the North America small home appliances market share is the boom in online retail in North America. E-commerce platforms, offering a myriad of options, detailed product reviews, and competitive pricing, have emerged as popular channels for purchasing small home appliances. Enhanced digital marketing strategies, combined with the convenience of doorstep delivery, are further pushing online sales.
Market Segmentation
The market can be divided based on product, end use, distribution channel, and country.
Market Breakup by Product
- Rice Cookers
- Microwave
- Blenders
- Coffee Makers
- Toasters, Grills, and Roasters
- Irons
- Vacuum Cleaners
- Hair Dryers
- Others
Market Breakup by End Use
- Commercial
- Domestic
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Online
- Others
Market Breakup by Country
- United States of America
- Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North America small home appliances market. Some of the major players explored in the report by Expert Market Research are as follows:
- Whirlpool Corporation
- Electrolux AB
- Toshiba Corporation
- Samsung Electronics Co. Ltd
- Panasonic Corporation
- LG Electronics
- Nestle Nespresso S.A.
- Conair Corporation
- Hamilton Beach Brands, Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
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 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Small Home Appliances Market Analysis
8.1 Key Industry Highlights
8.2 North America Small Home Appliances Historical Market (2018-2023)
8.3 North America Small Home Appliances Market Forecast (2024-2032)
9 North America Small Home Appliances Market by Product
9.1 Rice Cookers
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Microwave
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Blenders
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Coffee Makers
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Toasters, Grills, and Roasters
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Irons
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Vacuum Cleaners
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Hair Dryers
9.8.1 Historical Trend (2018-2023)
9.8.2 Forecast Trend (2024-2032)
9.9 Others
10 North America Small Home Appliances Market by End Use
10.1 Commercial
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Domestic
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 North America Small Home Appliances Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 North America Small Home Appliances Market by Country
12.1 United States of America
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Canada
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Whirlpool Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Electrolux AB
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Toshiba Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Samsung Electronics Co. Ltd
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Panasonic Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 LG Electronics
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Nestle Nespresso S.A.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Conair Corporation
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Hamilton Beach Brands, Inc.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Small Home Appliances Market: Key Industry Highlights, 2018 and 2032
2. North America Small Home Appliances Historical Market: Breakup by Product (USD Billion), 2018-2023
3. North America Small Home Appliances Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. North America Small Home Appliances Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. North America Small Home Appliances Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. North America Small Home Appliances Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. North America Small Home Appliances Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. North America Small Home Appliances Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Small Home Appliances Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. North America Small Home Appliances Market Structure
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