Global major kitchen appliances retail unit volume 2015-2024, by region
The global retail volume of major kitchen appliances grew steadily from 2015 to 2019, mostly driven by the steady growth in the Asian, North American, and European markets. Although there was a drop in retail volume of major kitchen appliances in 2020 due to the COVID-19 global pandemic, the volume is anticipated to resume previous levels by 2023. Interestingly enough, the North American market volume is forecast to stagnate from 2020 through 2024, remaining between 37.7 and 37.9 million units per year.