Small Electrical Appliance Market Report 2023

Small Electrical Appliance Global Market Report 2023 – By Product (Household Type Fans, Household Type Vacuum Cleaners), By Application (Home, Commercial), By Distribution Channel (Supermarket & Hypermarkets, Specialty Stores, ECommerce) – Market Size, Trends, And Global Forecast 2023-2032

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Small electric appliance manufacturing is defined as semi-portable or portable machines that are used on tabletops or countertops to do certain household tasks.

The main products of small electrical appliances are household-type fans, household-type vacuum cleaners, and other household-type small electric appliances. A fan is an electrical appliance used for cooling. The various types of household fans include ceiling fans, table fans, tower fans, wall-mounted fans, pedestal fans, exhaust fans, and misting fans. The small electrical appliances are used for home, and commercial applications that are distributed through supermarkets and hypermarkets, specialty stores, e-commerce, and another distribution channel.

The small electrical appliances manufacturing market research report is one of a series of new reports from The Business Research Company that provides small electrical appliances manufacturing market statistics, including small electrical appliances manufacturing industry global market size, regional shares, competitors with small electrical appliances manufacturing market share, detailed small electrical appliances manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the small electrical appliances manufacturing industry. This small electrical appliances manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global small electrical appliance market size will grow from $133.98 billion in 2022 to $150.64 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global small electrical appliance market size is expected to grow to $232.29 billion in 2027 at a CAGR of 11.4%.

Increased electrification especially in rural areas has contributed to the growth of the small electrical appliances market in the forecast period. Electrification coupled with the rise in disposable income has boosted the demand for household-type fans. For example, The net disposable income Per capita rose to $1,836.68 during the 2019-2020 period, exhibiting a spike of 6.8% compared to the previous period, with a growth rate of 10.0%. The rise in disposable income increased the purchasing power of the people which in turn has increased the market for small electrical appliances.

A rise in awareness about the adverse effects of high energy consumption and the carbon footprint associated with the usage of several small electrical appliances is expected to restrain the market in the forecast period. Several factors such as increasing internet penetration led to an increase in awareness about the consumption of energy, the rising cost of energy, and adverse effects associated with the usage of several household appliances such as vacuum cleaners.in July 2020, according to Proceedings of the National Academy of Sciences of the United States of America(PNAS), a US-based academy, Residential energy use(through electrical appliances) accounts for roughly 20% of greenhouse gas (GHG) emissions in the United States. As per the survey on 93 million individual households, this influence climate, affluence, energy infrastructure, urban form, and building attributes (age, housing type, heating fuel) in driving these emissions. These factors will limit the growth of small electrical appliances.

Small electrical appliance manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified ceiling fans provide cutting-edge design, use the latest technology, and are 60% more efficient than conventional ceiling fans.

In 2021, Electrolux acquired La Compagnie du SAV (CSAV), the main French independent service provider (ISP) specializing in repairing domestic appliances. The acquisition is fully in line with the Electrolux Group strategy to offer outstanding experiences to consumers, ensuring they get the most out of their appliances during the complete lifecycle of the product. With this acquisition, they can further strengthen their service network in France allowing them to meet the growing market demand in the after-sales service area in the best possible way.

Major players in the small electrical appliances market are AB Electrolux, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, Midea, Miele & Cie. KG, Samsung Electronics Co., Ltd., LG Electronics, and BISSELL.

Asia-Pacific was the largest region in the small electrical appliances market in 2022. Western Europe was the second-largest region in the global small electrical appliance market. The regions covered in the global small electrical appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the small electrical appliances market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The small electrical appliance manufacturing market consists of sales of bath fans, ceiling fans, desk fans, nu fac floor standing fans, exhaust fans, canister vacuum cleaners, upright vacuum cleaners, central vacuum cleaners, blenders, coffee machines, cutters, electric kettles, mixer grinders, sandwich makers, toasters, vacuum cleaners, and other small electrical appliances. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors turning, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global small electrical appliance market is segmented -

1) By Product: Household Type Fans, Household Type Vacuum Cleaners, Other Household Type Small Electric Appliances

2) By Application: Home, Commercial

3) By Distribution Channel: Supermarket & Hypermarkets, Specialty Stores, E-Commerce, Others Distribution Channel

    Table Of Contents

    1. Executive Summary

    2. Small Electrical Appliances Market Characteristics

    3. Small Electrical Appliances Market Trends And Strategies

    4. Small Electrical Appliances Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Small Electrical Appliances Market

    4.2 Ukraine-Russia War Impact On Small Electrical Appliances Market

    4.3 Impact Of High Inflation On Small Electrical Appliances Market

    5. Small Electrical Appliances Market Size And Growth

    5.1. Global Small Electrical Appliances Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Small Electrical Appliances Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Small Electrical Appliances Market Segmentation

    6.1. Global Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Household Type Fans

    Household Type Vacuum Cleaners

    Other Household Type Small Electric Appliances

    6.2. Global Small Electrical Appliances Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Home

    Commercial

    6.3. Global Small Electrical Appliances Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Supermarket and Hypermarkets

    Specialty Stores

    E-Commerce

    Other Distribution Channel

    7. Small Electrical Appliances Market Regional And Country Analysis

    7.1. Global Small Electrical Appliances Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Small Electrical Appliances Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Small Electrical Appliances Market

    8.1. Asia-Pacific Small Electrical Appliances Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Small Electrical Appliances Market

    9.1. China Small Electrical Appliances Market Overview

    9.2. China Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Small Electrical Appliances Market

    10.1. India Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Small Electrical Appliances Market

    11.1. Japan Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Small Electrical Appliances Market

    12.1. Australia Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Small Electrical Appliances Market

    13.1. Indonesia Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Small Electrical Appliances Market

    14.1. South Korea Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Small Electrical Appliances Market

    15.1. Western Europe Small Electrical Appliances Market Overview

    15.2. Western Europe Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Small Electrical Appliances Market

    16.1. UK Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Small Electrical Appliances Market

    17.1. Germany Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Small Electrical Appliances Market

    18.3. France Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Small Electrical Appliances Market

    19.1. Eastern Europe Small Electrical Appliances Market Overview

    19.2. Eastern Europe Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Small Electrical Appliances Market

    20.1. Russia Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Small Electrical Appliances Market

    21.1. North America Small Electrical Appliances Market Overview

    21.2. North America Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Small Electrical Appliances Market

    22.1. USA Small Electrical Appliances Market Overview

    22.2. USA Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Small Electrical Appliances Market

    23.1. South America Small Electrical Appliances Market Overview

    23.2. South America Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Small Electrical Appliances Market

    24.1. Brazil Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Small Electrical Appliances Market

    25.1. Middle East Small Electrical Appliances Market Overview

    25.2. Middle East Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Small Electrical Appliances Market

    26.1. Africa Small Electrical Appliances Market Overview

    26.2. Africa Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Small Electrical Appliances Market Competitive Landscape And Company Profiles

    27.1. Small Electrical Appliances Market Competitive Landscape

    27.2. Small Electrical Appliances Market Company Profiles

    27.2.1. AB Electrolux

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Dyson Ltd.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Panasonic Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Koninklijke Philips N.V.

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Haier Group Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Small Electrical Appliances Market

    29. Small Electrical Appliances Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Small Electrical Appliances Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Small Electrical Appliances Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Small Electrical Appliances Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Small Electrical Appliances Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: AB Electrolux Financial Performance
  • Table 28: Dyson Ltd. Financial Performance
  • Table 29: Panasonic Corporation Financial Performance
  • Table 30: Koninklijke Philips N.V. Financial Performance
  • Table 31: Haier Group Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Small Electrical Appliances Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Small Electrical Appliances Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Small Electrical Appliances Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Small Electrical Appliances Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Small Electrical Appliances Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: AB Electrolux Financial Performance
  • Figure 28: Dyson Ltd. Financial Performance
  • Figure 29: Panasonic Corporation Financial Performance
  • Figure 30: Koninklijke Philips N.V. Financial Performance
  • Figure 31: Haier Group Corporation Financial Performance
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