1、Household Goods SectorHousehold Appliances Market RCDI GLOBAL I BUYING AND SELLING COMPANIES IN THE HOUSEHOLD GOODS SECTORThe value of this guideThe Household Appliances market is subject to constant challenges,innovations,and transformations.Smart technology and the transition to more energy-effici

2、ent appliances shape the market.In this report,growth potentials,market drivers,consumer insights,key companies,and future developments for two major Household Appliances markets,North America and Europe,will be discussed.The market is divided into two segments:Small and Major Appliances.The Major A

3、ppliances segment accounts for the biggest share of the total revenue.With 21%of the total revenue,the Refrigerator segment is the biggest,closely followed by the Small Kitchen Appliances segment,with 18%.Overall,household appliances generated US$592 billion in revenues worldwidein 2019.The Househol

4、d Appliances market is mostly driven by consumer spending in general.Consumer spending includes various factors,such as per-capita income,household debt levels,and consumer expectations.Worldwide the spending on household goods is expected to increase constantly at a CAGR of 4,9%between 2018 and 202

5、3.Since household appliances,especially major appliances,are a bigger purchase,consumers think carefully before replacing them and make an active purchasing decision.Therefore,it is not surprising that only 22%of consumers plan to buy a new appliance within the next 12 months.The growing number of i

6、nternet users has not only changed consumer behavior,it has also fundamentally changed sales channels and the retail landscape:Consumers have widely adopted online shopping and the Household Appliances market is already TrendsThe following trends currently shape the market and are the industrys answ