France Home Appliances Market Insights Forecasts to 2033

• The France Home Appliances Market Size was valued at USD 9.4 Billion in 2023.
• The Market Size is Growing at a CAGR of 2.56% from 2023 to 2033
• The France Home Appliances Market Size is Expected to reach USD 12.1 Billion by 2033

The France Home Appliances Market Size is anticipated to Exceed USD 12.1 Billion by 2033, Growing at a CAGR of 2.56% from 2023 to 2033. The growing homes and e-commerce sales of home appliances in the region are driving the growth of the home appliances market in the France.     

Market Overview

Home appliances are the product that helps with routine tasks like cooking, cleaning, and food preservation. They are also known as domestic appliances, electric appliances, or household appliances. A growing proportion of customers are spending a significant amount of time at home, which is influencing many industries, particularly home appliances. In the field of electronics and home appliances, Amazon was the most popular online retailer in France. In this group of French internet users, almost two-thirds (65.3%) stated they made their purchase on the online store. Advanced technologies including artificial intelligence, the Internet of Things, touchless technology, and integrated smart home technology are used by intelligent home appliances to provide customers with many advantages like convenience, safety, and security for their homes. Thus, the increasing demand for innovative electronic appliances is leveraging market growth. A recent trend for smart appliances is switching from single to multifunctionality, which is having a favorable effect on the market for household appliances.

Report Coverage

This research report categorizes the market for the France home appliances market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France home appliances market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France home appliances market.

Driving Factors

The sales of existing residences in the Paris region increased by 12% in a single year which contributed to driving up the France home appliances market. The rise in residential structures has led to a large increase in demand for built-in kitchen appliances. The state of the housing market has a big impact on how built-in kitchen appliances are made. Factors such as the widespread use of smartphones and the internet, technological advancements, changes in consumer behavior brought about by digitalization, a large selection of products available, and a wide range of deals and discounts available on online shopping platforms are further driving the e-commerce sales of the products.  

Restraining Factors

The increased demand for electronic products and supply chain disruptions are restraining the France home appliances market.

Market Segmentation

The France Home Appliances Market share is classified into type and distribution channel.

• The major appliances segment dominated the France home appliances market in 2023.

The France home appliances market is segmented by type into major appliances, small appliances, and smart home appliances. Among these, the major appliances segment dominated the France home appliances market in 2023. The rising disposable income, and accessibility and affordability of electricity and household appliances are driving the market demand for assisting in day-to-day household chores. Further, there is increased emphasis on the development and launch of innovative and connected home appliances which augment the market growth.

• The specialty stores segment dominated the France home appliances market with the largest market share in 2023.       

Based on the distribution channel, the France home appliances market is divided into supermarkets & hypermarkets, specialty stores, online/e-commerce, and others. Among these, the specialty stores segment dominated the France home appliances market with the largest market share in 2023. Specialty stores provide clients with a range of discounts and promo codes in addition to specialized services. Factors such as rising consumer expenditure, rising consumer expenditure, and changing customer preferences are driving the market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France home appliances market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Whirlpool
• Brandt
• Electrolux
• Merloni
• Seb
• Philips
• Candy
• Moulinex
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2022, Samsung Electronics Co., Ltd. announced the launch of a new Bespoke RF8000 French Door Refrigerator, expanding its Bespoke line-up at the KBB Show 2022.

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Home Appliances Market based on the below-mentioned segments:

France Home Appliances Market, By Type

• Major Appliances
• Small Appliances
• Smart Home Appliances

France Home Appliances Market, By Distribution Channel

• Supermarkets & Hypermarkets
• Specialty Stores
• Online/E-Commerce
• Others