White Goods Market Report by Product (Refrigerator, Air Conditioner, Washing Machine, Dishwasher, Microwave Oven, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Retail Stores, Online Stores, and Others), End User (Residential, Commercial), and Region 2024-2032

White Goods Market Report by Product (Refrigerator, Air Conditioner, Washing Machine, Dishwasher, Microwave Oven, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Retail Stores, Online Stores, and Others), End User (Residential, Commercial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5203
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Market Overview:

The global white goods market size reached US$ 729.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,127.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 729.6 Billion
Market Forecast in 2032
US$ 1,127.0 Billion
Market Growth Rate 2024-2032 4.9%


White goods are consumer durables primarily consisting of household electronic appliances, along with clothes and linens, that were traditionally available in white color. The term is used in contrast to brown goods, that typically include articles, such as radios and television (TV) sets, that are traditionally in colors other than white. Air conditioners (ACs), refrigerators, washing machines and enamel-coated products are some of the most commonly used white goods serving a wide variety of purposes, including cooling, heating, cooking and washing. While these products are widely available in various colors nowadays, they are still referred to as white goods adhering to the conventionally-used term, and find widespread applications across both the commercial and residential sectors.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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White Goods Market Trends:

The widespread adoption of white goods across various industrial verticals, such as healthcare and hospitality, is one of the primary factors driving the market growth. For instance, white linens are widely preferred across health centers and hotels as an epitome of standard hygiene practice. Additionally, the shifting inclination of consumers toward smart and internet-enabled, wireless, and Bluetooth integrated white appliances due to their durability, effectiveness, and reliability is another growth-inducing factor. In line with this, the rapid growth in the commercial sector has significantly surged the requirement for automated white goods, which is contributing to the market growth. For instance, the launch of technologically advanced artificial intelligence (AI) integrated white goods are gaining immense traction among the masses primarily due to convenience of usage. Other factors, such as rising disposable income levels, increasing automation across various end use industries, and growing consumer inclination toward white goods with aesthetically-appealing designs, are also creating a positive outlook for the market across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global white goods market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, distribution channel and end user.

Breakup by Product:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Refrigerator
  • Air Conditioner
  • Washing Machine
  • Dishwasher
  • Microwave Oven
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Retail Stores
  • Online Stores
  • Others
     

Breakup by End User:

  • Residential
  • Commercial
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Blue Star Limited, Electrolux AB, Haier Group Corporation, Havells India Limited, Hitachi Ltd., IFB Industries Limited, LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, The Middleby Corporation and Whirlpool Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Blue Star Limited, Electrolux AB, Haier Group Corporation, Havells India Limited, Hitachi Ltd., IFB Industries Limited, LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, The Middleby Corporation, Whirlpool Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global white goods market was valued at US$ 729.6 Billion in 2023.

We expect the global white goods market to exhibit a CAGR of 4.9% during 2024-2032.

The rising consumer inclination towards smart, internet-enabled, and wireless integrated white appliances, owing to their durability, cost-effectiveness, reliability, etc., is primarily driving the global white goods market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of white goods.

Based on the product, the global white goods market can be segmented into refrigerator, air conditioner, washing machine, dishwasher, microwave oven, and others. Currently, refrigerator holds the majority of the total market share.

Based on the distribution channel, the global white goods market has been divided into supermarkets and hypermarkets, specialty stores, retail stores, online stores, and others. Among these, specialty stores currently exhibit a clear dominance in the market.

Based on the end user, the global white goods market can be categorized into residential and commercial. Currently, residential accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global white goods market include Blue Star Limited, Electrolux AB, Haier Group Corporation, Havells India Limited, Hitachi Ltd., IFB Industries Limited, LG Electronics Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, The Middleby Corporation, and Whirlpool Corporation.

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White Goods Market Report by Product (Refrigerator, Air Conditioner, Washing Machine, Dishwasher, Microwave Oven, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Retail Stores, Online Stores, and Others), End User (Residential, Commercial), and Region 2024-2032
Purchase Options Year End sale




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