Market Size of Europe Small Home Appliances Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 1.40 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Small Home Appliances Market Analysis
A small appliance, small domestic appliance, or small electrics are portable or semi-portable machines, generally used on table-tops, counter-tops, or other platforms, to accomplish a household task. Small appliances include vacuum cleaners, coffee makers, humidifiers, toasters, and microwave ovens, among many others. Small domestic appliances are gaining popularity, owing to change in lifestyle of consumers which has increased the demand for these small appliances. Consumers are becoming tech savvy and using domestic appliances to save time. Modern ways of distribution and expansion of manufacturers through e-commerce is supporting the growth of the Europe small home appliances market. Europe market for small appliances is expected to witness significant growth over the coming years owing to the growing livings standards of consumers. The use of small appliances has three chief advantages such as time saving, decrease in manual efforts, and effective results. Value-added features and upgrading the new products are also anticipated to trigger the demand for small appliances in the upcoming years.
Europe Small Home Appliances Industry Segmentation
A complete background analysis of the Europe Small Home Appliances Market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.
Product | |
Vacuum Cleaners | |
Small Kitchen Appliances | |
Personal Care Appliances | |
Irons | |
Heating Appliances | |
Food Preparation Appliances | |
Others |
Distribution Channel | |
Supermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
Europe Small Home Appliances Market Size Summary
The Europe small domestic appliances market is experiencing a notable expansion, driven by evolving consumer lifestyles and increased tech-savviness. These portable or semi-portable machines, including vacuum cleaners, coffee makers, and microwave ovens, are becoming essential for modern households due to their ability to save time and reduce manual effort. The rise in living standards and the demand for efficient, value-added features are further propelling the market's growth. The expansion of e-commerce and modern distribution channels is also playing a crucial role in making these appliances more accessible to consumers across Europe.
The market is characterized by the growing popularity of smart home appliances, which are increasingly favored by the tech-savvy younger generation in Europe. The convenience and control offered by these connected devices are significant factors driving their adoption. Additionally, the demand for vacuum cleaners is on the rise, supported by their benefits in promoting eco-friendliness and maintaining hygiene in various industries. The market landscape is competitive, with major international players like Philips and Dyson Ltd dominating, while mid-size and smaller companies are gaining traction through technological advancements and product innovations.
Europe Small Home Appliances Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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1.5 Porters 5 Force Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Vacuum Cleaners
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2.1.2 Small Kitchen Appliances
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2.1.3 Personal Care Appliances
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2.1.4 Irons
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2.1.5 Heating Appliances
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2.1.6 Food Preparation Appliances
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2.1.7 Others
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2.2 Distribution Channel
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2.2.1 Supermarkets
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2.2.2 Specialty Stores
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2.2.3 Online
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2.2.4 Other Distribution Channels
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Europe Small Home Appliances Market Size FAQs
What is the current Europe Small Home Appliances Market size?
The Europe Small Home Appliances Market is projected to register a CAGR of greater than 1.40% during the forecast period (2024-2029)
Who are the key players in Europe Small Home Appliances Market?
Philips, BSH Hausgerate GmbH, Gorenje Group, Electrolux AB and Dyson Ltd are the major companies operating in the Europe Small Home Appliances Market.