Global Small Appliances Market Outlook 2034
The global Small Appliances Market continues to witness steady expansion, driven by evolving consumer lifestyles, rising urbanization, and increasing demand for convenience-oriented home solutions. Valued at US$ 241.5 Bn in 2023, the industry is projected to grow at a CAGR of 4.6% from 2024 to 2034, reaching approximately US$ 392.2 Bn by the end of 2034. This consistent growth trajectory reflects strong demand across both developed and emerging economies.
Changing Consumer Lifestyles Fueling Demand
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