GITNUX MARKETDATA REPORT 2024

Consumer Durables Industry Statistics

Consumer durables industry statistics typically include measures such as sales revenue, market share, production outputs, and consumer preferences.

Statistic 1

"The consumer durables market in India is expected to reach USD 36.6 billion by 2023 CAGR of 9.1%."

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Statistic 2

"The global consumer durables market reached a value of nearly USD 1.78 trillion in 2020."

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Statistic 3

"The revenues of consumer goods producers increased by nearly 50% in the United States since the third quarter of 2020."

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Statistic 4

"China is the largest market for consumer durable goods."

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Statistic 5

"The kitchen appliances sector holds over 30% of the consumer durables market."

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Statistic 6

"The global home appliances market is expected to grow at a CAGR of 5.4% from 2020 to 2027."

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Statistic 7

"The Asian region is anticipated to be the fastest-growing consumer durables market during the forecast period."

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Statistic 8

"The North American region accounted for the largest share in the consumer durables market."

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Statistic 9

"The global smartphone market is projected to grow at an impressive CAGR of 12% by 2025."

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Statistic 10

"Global consumer appliance market is expected to reach $612.6 billion by 2025."

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Statistic 11

"The demand for consumer durables like refrigerators and washing machines in India surged by 25-30% during the COVID-19 lockdown."

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Statistic 12

"The global TV market size was valued at $105.6 billion in 2019 and is expected to grow at a CAGR of 10.4% from 2020 to 2027."

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Statistic 13

"The global washing machine market size was USD 52.31 billion in 2018 and is projected to reach USD 80.87 billion by 2026, growing at a CAGR of 5.5%."

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Statistic 14

"The global air conditioning system market size is projected to reach USD 191.94 billion by 2027, at a CAGR of 5.1%."

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Statistic 15

"The global microwave oven market size was valued at $21.2 billion in 2019 and is expected to grow at a CAGR of 4.1% from 2020 to 2027."

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Statistic 16

"The global refrigerator market size was estimated to be USD 31.04 billion in 2016, and is expected to grow at a CAGR of 4.6% from 2017 to 2025."

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Statistic 17

"The mixer, juicer, and grinder market in India is expected to grow from $494.6 million in 2020 to $616.1 million by 2030, at a CAGR of 2.2%."

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Statistic 18

"The home appliances sector in India is expected to grow at 14.5% annually (CAGR 2018-2022)."

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