USD 89.50 billion growth in Household Appliance Market | Emergence of AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., and LG Electronics Inc. as Prominent Players|Technavio NEW YORK , June 27, 2022 |PRNewswire| -- The latest market analysis report titled Household Appliance Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025 has been recently added to Technavio''s catalog. The market potential growth difference is expected to reach USD 89.50 billion from 2020 to 2025, as per the latest market analysis report by Technavio. The report is anticipated to witness a decelerating growth momentum at a CAGR of 4% during the forecast period. View Market Report Sample to Get More Insights on CAGR and YOY growth variance analysis Household Appliance Market Vendor Landscape The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.