Maximize Market Research has published the “Global APAC White Goods Market Report 2021”, which has covered the comprehensive analysis of market by different segment as well as demand & supply study and gaps between the same by region. The report gives an exclusive insights in key players by region with competitive landscape of the market. The market share in the industry is given by key players, which helps user of the report to understand the market structure at glance.
Key players in the industry are profiled in the report that give strategic insights of the companies with their top line and plans of expansion in near tern with M&A policies. Profiles of companies will help user to understand the most revenue generating segments for the companies including products, region.
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Global APAC White Goods Market is expected to grow at a CAGR of % in the forecast period of 2020 to 2027. The report has covered the market dynamics including demand drivers, restraints and opportunities by region. External factors and internal factors of companies affecting the growth of the companies and ultimately adding the total market are analysed in the report.
Global APAC White Goods Market Key Competitors: The major players covered in the APAC White Goods market report are
Top Key Players in the APAC Market for White Goods
• Whirlpool Corporation
• Samsung Electronics
• LG Electronics
• Electrolux AB
• Robert Bosch
• Godrej & Boyce
• Gree Electric Appliances
• Skyworth Appliances
• IFB Industries
• Panasonic Corporation
• TCL Corporation
Scope of APAC White Goods Market :Inquiry before Buying
The APAC market for White Goods is studied under two major segments and further into sub-segments to forecast the market size by value.
APAC White Goods Market, By Major Appliances
The major appliances, or large domestic appliances, are non – portable or semi – portable home appliances. The report further divides this segment into Refrigeration Equipment, Cooking Equipment, Washing & Drying Equipment, and Heating & Cooling Equipment.
Out of all the types, the refrigeration equipment accounted for a maximum share in the APAC White Goods Market.
APAC White Goods Market, By Small Appliances
The small appliances, or small electric appliances, are portable home machines, usually used on the table – tops, or such other platforms. The report further divides this segment into the Beverage making Equipment, Cleaning Equipment, Cooking Equipment, among many others.
APAC White Goods Market1
COVID – 19 impact on Sales of White Goods Market in APAC
As per the study, the sales of white goods in the APAC region declined around by 5 – 7%, during the 2nd quarter of 2020, as compared to the sales in the year 2019; the prime reason was the tight restrictions on the movement of people and still spending’s by them. However, the sales for major home appliances witnessed a significant rise of about xx% after the ease in the restrictions imposed in the region.
For instance, considering the sales of a major player in the APAC market; the company’s sales in q2 for the year 2020 declined by almost 20% as compared to the sales in q2 for the year 2019. However, sales of the company witnessed a huge rise of around xx% in the q4 for the year 2020 as the company reported net sales of US $40.55 billion.
APAC White Goods Market 2
As compared to the major three regions, Asia Pacific accounted for a higher market share, registering revenue of US $xx billion in the year 2019 in the global white goods market, and is expected to continue its dominance, during the forecast period.
Country Analysis of APAC White Goods Market
• South Korea
• Rest of APAC
APAC White Goods Market report studies the top producers and consumers, focuses on product capacity, value, consumption, market share and growth opportunity in these key regions, covering
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Important years considered in the study are:
Historical year – 2015-2020;
Base year – 2020;
Forecast period** – 2021 to 2028 [** unless otherwise stated]
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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