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Sweden Home Appliances Market Size, Analysis, Share Forecast 2031
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Sweden Home Appliances Market Size, Analysis, Share Forecast 2031

Segments - Sweden Home Appliances Market by Major Appliances (Freezers, Dishwashing Machines, Washing Machines, Refrigerators, and Cookers & Ovens), Small Appliances (Small Kitchen Appliances, Toasters, Hair Dryers, Irons, Vacuum Cleaners, Roasters & Grills, Hair Clippers, and Others), and Distribution Channel (E-commerce, Hypermarket & Supermarket, Exclusive Stores, and Others)–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031

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Author : Debadatta Patel
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Fact-checked by : PARTHA PAUL
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Editor : Shruti Bhat

Upcoming | Report ID :CG-1490 | 4.8 Rating | 60 Reviews | 184 Pages | Format : PDF Excel PPT

Report Description


Sweden Home Appliances Market Outlook

The Sweden home appliances market size was USD 1.50 Billion in 2022 and is likely reach to USD 2.13 Billion by 2031, expanding at a CAGR of 4% during forecast period 2023–2031. Growth of the market is attributed to increasing urbanization, emerging demand for smart appliances, and increasing living standard of consumers.

A home appliance is also known as a domestic appliance, electric appliance, and household appliance. It helps in residential work like cooking, cleaning, and preservation of food.

Sweden Home Appliances Market Outlook

The covid-19 pandemic affected the demand and supply of Sweden home appliances market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth.

Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

  • Continually growing population and increasing consumer purchasing capacity is anticipated to boost the market during the forecast period.
  • Rising replacement sales in developed country is major factor fueling the market in the coming years.
  • Lack of awareness about development in home appliances is projected to restrict the market expansion.
  • High cost of products is estimated to hinder the market growth during the forecast period.
  • R&D investment and technological advancement in home appliances is anticipated to create lucrative opportunities for the market players.

Scope of Home Appliances Market Report

The report on the Sweden home appliances market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Home Appliances Market – Sweden Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023-2031

Segmentation

Major Appliances (Freezers, Dishwashing Machines, Washing Machines, Refrigerators, and Cookers & Ovens), Small Appliances (Small Kitchen Appliances, Toasters, Hair Dryers, Irons, Vacuum Cleaners, Roasters & Grills, Hair Clippers, and Others), and Distribution Channel (E-commerce, Hypermarket & Supermarket, Exclusive Stores?, and Others)

Country Scope

Sweden

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

Panasonic Corp.; Haier Electronic Group Co. Ltd.; Electrolux AB; Gorenje Group; Candy Group; Arcelik AS; BSH Hausgerate GmbH; LG Electronics; Samsung Electronics Co. Ltd; Liebherr Group; Mitsubishi Electric Corp.; and Whirlpool Corp.

Home Appliances Market Segment Insights

The freezers segment accounts for significant share of the market

On the basis of major appliances, the Sweden home appliances market is fragmented into freezers, dishwashing machines, washing machines, refrigerators, and cookers & ovens.

The freezers segment accounts for a significant share of the market. Growth of the market is attributed to increasing living standards of consumers and rising awareness about advantages of home appliances.

The washing machines segment is projected to expand at a rapid pace in the coming years due to factors like rising disposable income and customers focused on energy-efficient products.

Sweden Home Appliances Market Major Appliances

The small kitchen appliances segment accounts for major share of the market

Based on small appliances, the market is categorized into small kitchen appliances, toasters, hair dryers, irons, vacuum cleaners, roasters & grills, hair clippers, and others.

The small kitchen appliances segment accounts for a major share of the market. Growth of the market is attributed to increasing penetration and growing demand for advanced & innovative products.

The e-commerce segment is projected to hold a key share of the market

On the basis of distribution channels, the Sweden home appliances market is divided into e-commerce, hypermarket & supermarket, exclusive stores, and others. The e-commerce segment accounts for a key share of the market. Growth of the market is attributed to high demand for washing machine and rising investment by emerging countries.

The hypermarket & supermarket segment is projected to expand at a rapid pace during the forecast period due to factors such as changing consumer preference and rising economies.

Sweden Home Appliances Market Distribution

Segments

Major Appliances

  • Freezers
  • Dishwashing Machines
  • Washing Machines
  • Refrigerators
  • Cookers & Ovens

Small Appliances

  • Small Kitchen Appliances
  • Toasters
  • Hair Dryers
  • Irons
  • Vacuum Cleaners
  • Roasters & Grills
  • Hair Clippers
  • Others

Distribution Channels

  • E-commerce
  • Hypermarket & Supermarket
  • Exclusive Stores​
  • Others

Country

  • Sweden

Key Players

  • Panasonic Corp.
  • Haier Electronic Group Co. Ltd.
  • Electrolux AB
  • Gorenje Group
  • Candy Group
  • Arcelik AS
  • BSH Hausgerate GmbH
  • LG Electronics
  • Samsung Electronics Co. Ltd
  • Liebherr Group
  • Mitsubishi Electric Corp.
  • Whirlpool Corp.

Competitive Landscape

Key players competing in the Sweden home appliances market include Panasonic Corp.; Haier Electronic Group Co. Ltd.; Electrolux AB; Gorenje Group; Candy Group; Arcelik AS; BSH Hausgerate GmbH; LG Electronics; Samsung Electronics Co. Ltd; Liebherr Group; Mitsubishi Electric Corp.; and Whirlpool Corp.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.

Sweden Home Appliances Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Appliances Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Home Appliances Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Home Appliances Market - Supply Chain
  4.5. Global Home Appliances Market Forecast
     4.5.1. Home Appliances Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Home Appliances Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Home Appliances Market Absolute $ Opportunity
5. Global Home Appliances Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Home Appliances Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Home Appliances Demand Share Forecast, 2019-2026
6. North America Home Appliances Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Home Appliances Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Home Appliances Demand Share Forecast, 2019-2026
7. Latin America Home Appliances Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Home Appliances Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Home Appliances Demand Share Forecast, 2019-2026
8. Europe Home Appliances Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Home Appliances Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Home Appliances Demand Share Forecast, 2019-2026
9. Asia Pacific Home Appliances Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Home Appliances Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Home Appliances Demand Share Forecast, 2019-2026
10. Middle East & Africa Home Appliances Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Home Appliances Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Home Appliances Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Home Appliances Market: Market Share Analysis
  11.2. Home Appliances Distributors and Customers
  11.3. Home Appliances Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Panasonic Corp.
     11.4.2. Haier Electronic Group Co. Ltd.
     11.4.3. Electrolux AB
     11.4.4. Gorenje Group
     11.4.5. Candy Group
     11.4.6. Arcelik AS
     11.4.7. BSH Hausgerate GmbH
     11.4.8. LG Electronics&

Methodology

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