The integration of energy-efficient features in white goods, such as refrigerators, washing machines, and air conditioners, plays a pivotal role in fostering sustainability. These advancements contribute to reduced energy consumption and align with global environmental initiatives. Energy-efficient white goods help minimize carbon footprints, making them essential contributors to eco-friendly living. As consumers increasingly prioritize sustainability, the importance of white goods with such features grows. These appliances enhance energy conservation and signify a commitment towards responsible and environmentally conscious living, reflecting a harmonious balance between technological innovation and environmental stewardship.
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Data Bridge Market Research analyses the Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal White Goods Market was valued at USD 208.17 million in 2022 and is expected to reach USD 302.04 million by 2030, registering a CAGR of 6.40% during the forecast period of 2023-2030. In the white goods markets of Pakistan, Bangladesh, Sri Lanka, Bhutan, and Nepal, the increasing demand for appliances is propelled by a shift in consumer lifestyles favoring convenience and time-saving solutions. As consumers seek to enhance their quality of life, there is a growing inclination towards modern home appliances that streamline daily tasks and contribute to a more efficient and comfortable living experience.
Key Findings of the Study
Increasing infrastructure development projects is expected to drive the market's growth rate
In Pakistan, Bangladesh, Sri Lanka, Bhutan, and Nepal, ongoing infrastructure development projects play a pivotal role as a driver in the white goods market. Expanding electricity networks ensures improved access to reliable power, facilitating the adoption of energy-intensive appliances. Simultaneously, improvements in housing infrastructure create a conducive environment for the installation and usage of white goods. These developments collectively enhance accessibility, encouraging a broader consumer base to invest in modern home appliances, thereby driving market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Major Domestic Appliances (Washers – Front Loading, Washer Dryer, Cooker 90 Cm – Gas, Cooker 60 Cm/50 Cm, Dishwasher, Refregirator-400l, Built Ins, Water Dispenser/Ro Systems, Chest Freezers, Air Conditioners, Personal Care And Smart Medical Devices)
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Countries Covered
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Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal
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Market Players Covered
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Siemens (Germany), Whirlpool. (U.S.), Johnson Controls (U.S.), AB Electrolux (Sweden), Haier Group (China), The Middleby Corporation (U.S.), Robert Bosch GmbH (Germany), Samsung Electronics Co., Ltd (South Korea), Mitsubishi Electric Corporation (Japan)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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Segment Analysis:
The Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal white goods market is segmented on the basis of major domestic appliances.
- On the basis of major domestic appliances, the global textile films market is classified into washers – front loading, washer dryer, cooker 90 cm – gas, cooker 60 cm/50 cm, dishwasher, refregirator-400l, built ins, water dispenser/RO systems, chest freezers, air conditioners, personal care and smart medical devices
Major Players
Data Bridge Market Research recognizes the following companies as the major Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal white goods market players in Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal white goods market are Siemens (Germany), Whirlpool. (U.S.), Johnson Controls (U.S.), AB Electrolux (Sweden), Haier Group (China), the Middleby Corporation (U.S.), Robert Bosch GmbH (Germany).
Market Developments
- In 2020, Whirlpool of India, a subsidiary of Whirlpool Corporation, a global leader in kitchen and laundry home appliances, launched the Intellifresh Pro, India's most advanced Bottom Mount Refrigerator. Sophisticated Adaptive Intelligence Technology powers this cutting-edge appliance, showcasing Whirlpool's commitment to innovation in the home appliance sector. The refrigerator is available in striking Omega Steel and Steel Onyx finishes, combining advanced technology with a sleek and modern design to enhance the kitchen experience for consumers
- In 2020, Whirlpool launched its latest 3D Cool Inverter Air Conditioners range, setting a new standard in home cooling solutions. The air conditioners are engineered with state-of-the-art 3D Cool Technology, providing an impressive 60% faster cooling performance, particularly crucial during the scorching summer season. This release underscores Whirlpool's dedication to delivering high-performance and energy-efficient solutions to meet the evolving needs of consumers in the realm of home climate control
For more detailed information about the Pakistan, Bangladesh, Sri Lanka, Bhutan and Nepal white goods market report, click here – https://www.databridgemarketresearch.com/reports/pakistan-bangladesh-sri-lanka-bhutan-and-nepal-white-goods-market
