1.4 Billion Home Appliances Shipped in 2024: What’s Next for the Industry?

Home appliances are the second-largest device segment tracked by DATAportl. In 2024, more than 1.4 billion large home appliances were shipped globally, spanning kitchen, cleaning, and HVAC appliances. Our latest database update (February 2025) covers 20+ device types in this segment.

Despite its size, the large home appliance market is relatively stable, fluctuating between 1.2 and 1.7 billion units shipped annually. Well-established products—such as washing machines, refrigerators, and ovens—typically grow at a steady 2% to 4% per year, with major fluctuations occurring only during disruptive events like the global pandemic.

At first glance, this huge, mature market might seem low on excitement, but technological advancements are transforming it. Energy efficiency improvements and connectivity are driving innovation, and one of the most visible shifts is the rise of smart appliances.

DATAportl data shows that over 300 million large home appliances shipped in 2024 were classified as "smart." This segment has grown at an impressive 18.3% CAGR from 2018 to 2024 and now represents approximately 40% of the total market—a trend that will continue shaping the industry.

*A smart device is an electronic gadget with connectivity, such as Wi-Fi or Bluetooth, used to interact and exchange data with other devices and networks. It often incorporates sensors and software for intelligence and autonomy, capable of adapting its operations to user preferences and behaviours.