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At what pace is the cordless appliances market growing, and what is its estimated value?
The cordless appliances market size has grown strongly in recent years. It will grow from $43.92 billion in 2024 to $47.61 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increasing consumer preference for convenience and portability, growth in the home improvement and renovation sector, enhanced safety and performance features, a rise in disposable income and spending on household goods, and increased adoption of smart home technology.
The cordless appliances market size is expected to see strong growth in the next few years. It will grow to $65.1 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to the rising trend of home automation and smart home integration, expansion into emerging markets with growing middle-class populations, increased focus on health and hygiene, and government incentives and regulations promoting energy-efficient appliances. Major trends in the forecast period include the integration of advanced sensors and AI for enhanced functionality, the development of multi-use and versatile cordless appliances, a focus on sleek and ergonomic design improvements, the increasing use of sustainable and recyclable materials, and advancements in wireless charging technologies.
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Which Market drivers have played a significant role in driving the cordless appliances market?
The rise in demand for smart home solutions is expected to propel the growth of the cordless appliance market going forward. Smart home solutions refer to a range of technologies and systems that integrate various devices and appliances within a home to enhance convenience, comfort, security, energy efficiency, and automation. The demand for smart home solutions is rising due to the desire for convenience and automation, which allow remote control of home systems. Technological advancements and improved connectivity also make these solutions more accessible and appealing. Cordless appliances are popular in smart homes for their convenience and seamless integration with automation systems, offering flexibility and reducing cable clutter. For instance, in November 2022, according to a report published by techUK, a UK-based membership association for the tech industry, 77% of UK adults will own at least one connected home device, up from 67% pre-pandemic, marking a 1% increase since 2021. Moreover, the proportion of ‘advanced adopters’, owning over three connected home appliances and devices, has risen to 26% in 2022 from 24% in 2021. Therefore, smart appliances will drive the growth of the cordless appliance market.
What are the key segments within the cordless appliances market?
The cordless appliances market covered in this report is segmented –
1) By Product Type: Vacuum Cleaner, Mixer, Blender, Electric Kettle, Coffee Maker, Chopper, Electric Shaker, Lamp, Table Fan, Other Product Types
2) By Distribution Channel: Online, Offline
3) By End-User: Residential, Commercial
Subsegments:
1) By Vacuum Cleaner: Handheld Vacuum Cleaners, Stick Vacuum Cleaners, Robotic Vacuum Cleaners
2) By Mixer: Hand Mixers, Stand Mixers
3) By Blender: Personal Blenders, Countertop Blenders, Immersion Blenders
4) By Electric Kettle: Cordless Electric Kettles, Rapid Boil Electric Kettles
5) By Coffee Maker: Drip Coffee Makers, Espresso Machines, Single-Serve Coffee Makers
6) By Chopper: Handheld Choppers, Multi-Purpose Food Processors
7) By Electric Shaker: Cordless Milk Frothers, Electric Drink Shakers
8) By Lamp: Cordless Table Lamps, Rechargeable Floor Lamps
9) By Table Fan: Rechargeable Table Fans, Personal USB Fans
10) By Other Product Types: Hair Dryers, Cordless Irons, Cordless Screwdrivers, Electric Toothbrushes
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Which key players are shaping the cordless appliances market?
Major companies operating in the cordless appliances market are Samsung Electronics Co. Ltd., Hitachi Ltd., LG Electronics Inc., Panasonic Corporation, Midea Group, Haier Group Corporation, Whirlpool Corporation, Koninklijke Philips N.V., BSH Home Appliances Group, Black+Decker Inc., Electrolux AB, Dyson Ltd, Makita Corporation, Miele & Cie. KG, SharkNinja Operating LLC, iRobot Corporation, Breville Group, Hoover Company, Bissell Inc., Hamilton Beach Brands Holding Company, Vitamix, Blendtec, Cuisinart, Russell Hobbs Limited, Wacaco, Oster, Tineco Intelligent Technology Co. Ltd., Megachef
Which transformative trends will shape the cordless appliances market landscape?
Major companies operating in the cordless appliances market are focusing on introducing solutions that utilize advancements in wireless technology, such as wireless charging, to eliminate the hassle of dealing with cables and connectors. Wireless charging enables devices to charge wirelessly by placing them on compatible charging pads, eliminating the need for cables and connectors and supporting a convenient and versatile charging experience. For instance, in May 2023, Klipsch Group Inc., a US-based company that specializes in audio equipment, including speakers and headphones, launched the T5 II ANC true wireless stereo (TWS) to meet growing consumer demand for advanced features such as active noise cancellation (ANC) and wireless charging. These earphones also integrate Bragi’s AI-powered gesture controls for intuitive operation. Klipsch aimed to enhance the user experience with improved sound quality through redesigned drivers and Dirac HD sound technology. This launch underscores Klipsch’s strategy to compete in the premium TWS earphone market with innovative features and high-quality audio performance.
How do regional factors impact the cordless appliances market, and which region is the largest contributor?
North America was the largest region in the cordless appliances market in 2023. The regions covered in the cordless appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Cordless Appliances Market Report 2025 Offer?
The cordless appliances market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Cordless appliances refer to household or personal appliances that operate without the need for a direct electrical cord or plug connection to a power outlet. The appliances rely on internal batteries or wireless charging systems to function. The design offers greater convenience, mobility, and flexibility, as users can operate these appliances without being restricted by the length of a power cord or proximity to an outlet.
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