Kitchen Appliances Market to Reach USD 410.73 Billion by 2032 Driven by Smart Technology Integration and Rising Consumer Demand | SNS Insider [Yahoo! Finance]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Yahoo! Finance
Austin, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Insights: According to the SNS Insider, “The Kitchen Appliances Market Size was valued at USD 258.2 Billion in 2023 and is expected to reach USD 410.73 Billion by 2032 and grow at a CAGR of 5.32% over the forecast period 2024-2032.” Smart Homes and Eco-Friendly Innovations Propel Kitchen Appliances Market Growth The kitchen appliances market is witnessing strong growth, driven by rising demand for convenience, advanced technology, and the smart home trend. Consumers increasingly prefer time-saving, energy-efficient, and multifunctional appliances, including IoT-enabled smart ovens and touchscreen refrigerators. Awareness of eco-friendly products like high-efficiency washing machines and induction cooktops further boosts demand. LG Electronics aims to double its built-in appliance sales globally to USD 722 million by 2030, targeting Europe, which leads with 42% of the global built-in market, valued at USD 21.2 billio
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WHR
Earnings
- 10/23/24 - Beat
WHR
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- WHR's page on the SEC website