Forecast of Global Home Appliance Market 2023

Global Home Appliance market will register a 5.3% CAGR in terms of revenue, reach US$ 837000 million by 2023, from US$ 615100 million in 2017. Home Appliance is electrical/mechanical machine which accomplish some household functions, such as cooking or cleaning. Home appliances can be classified into: major appliances, small appliances, and consumer electronics.