North America Appliances Market Size & Outlook, 2025-2030
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North America appliances market highlights
- The North America appliances market generated a revenue of USD 161,417.5 million in 2024.
- The market is expected to grow at a CAGR of 3.6% from 2025 to 2030.
- In terms of segment, major appliances was the largest revenue generating product in 2024.
- Small Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 161,417.5 million |
| Market revenue in 2030 | USD 197,891.7 million |
| Growth rate | 3.6% (CAGR from 2025 to 2030) |
| Largest segment | Major appliances |
| Fastest growing segment | Small Appliances |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Major Appliances, Small Appliances |
Other key industry trends
- In terms of revenue, North America region accounted for 22.5% of the global appliances market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 463,356.3 million by 2030.
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Appliances Market Scope
Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Midea Group | View profile | 10001+ | Beijiao, Guangdong, China, Asia | https://midea-group.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| BSH | View profile | 10001+ | Munich, Bayern, Germany, Europe | http://www.bsh-group.com/ |
| Haier Electronics Group | View profile | 10001+ | Central, Hong Kong Island, Hong Kong, Asia | http://www.haier.hk/ |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
North America appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to appliances market will help companies and investors design strategic landscapes.
Major appliances was the largest segment with a revenue share of 89.07% in 2024. Horizon Databook has segmented the North America appliances market based on major appliances, small appliances covering the revenue growth of each sub-segment from 2018 to 2030.
North America appliances industry held a considerable share in 2024. The emphasis on innovation and the adoption of smart appliances are key drivers, with consumers looking for products that enhance convenience and efficiency in their daily lives.
Environmental awareness and the push for sustainability are also influencing purchasing decisions, leading to a higher demand for energy-efficient and eco-friendly appliances. The region's high standard of living and disposable income levels support the market, with consumers willing to invest in premium and multifunctional appliances.
Additionally, the strong presence of major global and local manufacturers ensures a continuous supply of advanced and diverse products. The growth of e-commerce and online retail channels further enhances market accessibility and reach.
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Target buyers of North America appliances market databook
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Our clientele includes a mix of appliances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America appliances market , including forecasts for subscribers. This continent databook contains high-level insights into North America appliances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America appliances market size, by country, 2018-2030 (US$M)
North America Appliances Market Outlook Share, 2024 & 2030 (US$M)
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