[Ranking] TOP 25 Appliances / Consumer Goods Companies Q3/2023

Intro

The appliances industry plays a critical role in the worldwide economy, providing essential consumer goods that are used in homes and businesses across the globe. From refrigerators and washing machines to televisions and air conditioners, appliances have become an integral part of our daily lives.

With a profound influence, the appliances industry ripples its effects across diverse sectors, including manufacturing, retail, and technology. The demand for appliances drives innovation in supply chains, logistics, and customer experience, creating opportunities for growth and development in related industries.

The appliances industry boasts an economic magnitude that is hard to ignore. With a steady upward trajectory, it has experienced significant growth in recent years. The increasing disposable income of consumers, coupled with advancements in technology and changing lifestyles, has fueled the demand for appliances, leading to the expansion of the industry.

Recent trends, breakthroughs, and obstacles have shaped the appliances industry. The rise of smart appliances, which connect to the internet and offer enhanced functionality, has revolutionized the way we interact with our household devices. However, challenges such as rising raw material costs and environmental concerns have also prompted companies to innovate and adopt sustainable practices.

The landscape of the appliances industry is ever-changing, driven by evolving consumer preferences, technological advancements, and regulatory changes. This dynamic environment sets the context for the exploration of the leading companies in the sub-industry of appliances within the vast consumer goods sector.

Ranking

#25 Smeg

Smeg

Employees: 2K

Revenue: 500M$

Website: https://www.smeg.com/

Description: Smeg, headquartered in Guastalla, Italy, is a prominent player in the Appliances industry. Founded in 1948, the company has established itself as a leading manufacturer of high-quality consumer goods. With a workforce of approximately 2,000 employees, Smeg is dedicated to designing and producing innovative appliances for households. The company's revenue stands at around 500 million dollars, reflecting its strong market presence and customer demand. Smeg's commitment to excellence and its wide range of appliances have made it a trusted and popular choice among consumers in the industry.

#24 Hotpoint

Hotpoint

Employees: 5.6K

Revenue: 1.2B$

Website: https://www.hotpoint.co.uk/

Description: Hotpoint, a leading company in the Appliances industry, operates primarily in the United Kingdom. With its headquarters located in Peterborough, the company has been serving customers since its founding in 1911. Hotpoint employs approximately 5.6 thousand dedicated professionals who are committed to delivering high-quality appliances to consumers. The company generates an impressive revenue of 1.2 billion dollars, showcasing its strong presence in the market. Hotpoint offers a wide range of appliances, including refrigerators, washing machines, dishwashers, ovens, and more, catering to the needs of households across the United Kingdom. With a reputation for reliability and innovation, Hotpoint continues to be a trusted brand in the Appliances industry.

#23 Gorenje

Gorenje

Employees: 10K

Revenue: 1.5B$

Website: https://www.gorenje.com/

Description: Gorenje is a Slovenian company headquartered in Velenje, Slovenia. Founded in 1950, it operates in the Appliances industry within the Consumer Goods sector. With approximately 10,000 employees, Gorenje is a major player in the industry. The company generates an estimated revenue of 1.5 billion USD. Gorenje specializes in the production and sale of a wide range of household appliances, including refrigerators, ovens, dishwashers, washing machines, and small kitchen appliances. With a commitment to innovation, quality, and sustainability, Gorenje is known for its stylish designs and advanced technologies. The company's appliances are sold globally, providing consumers with reliable and efficient solutions for their everyday needs.

#22 Candy

Coming Soon

Employees: 16K

Revenue: 1.8B$

Website: https://www.candy-group.com/

Description: Candy, headquartered in Brugherio, Italy, is a prominent player in the Appliances industry. Founded in 1945, the company has established itself as a leading manufacturer of consumer goods in Europe. With a workforce of approximately 16,000 employees, Candy operates on a large scale to meet the demands of its customers. The company generates an impressive revenue of 1.8 billion dollars, showcasing its strong presence in the market. Candy's commitment to innovation and high-quality products has solidified its position as a trusted brand in the consumer goods industry.

#21 Zanussi

Zanussi

Employees: 10K

Revenue: 2B$

Website: https://www.zanussi.com/

Description: Zanussi, headquartered in Pordenone, Italy, is a leading company in the Appliances industry. With a history dating back to 1916, the company has established itself as a trusted brand in the consumer goods sector. Zanussi specializes in manufacturing a wide range of appliances, including refrigerators, washing machines, dishwashers, ovens, and cooktops. The company's commitment to innovation and quality has made it a popular choice among consumers worldwide. With approximately 10,000 employees, Zanussi continues to drive growth and generate substantial revenue, which currently stands at 2 billion dollars.

#20 KitchenAid

Coming Soon

Employees: 10K

Revenue: 2B$

Website: https://www.kitchenaid.com/

Description: KitchenAid, headquartered in Benton Harbor, United States, is a leading player in the Appliances industry. With a history dating back to 1919, the company has established itself as a trusted brand in the consumer goods sector. KitchenAid specializes in manufacturing a wide range of kitchen appliances, including mixers, blenders, refrigerators, cooktops, and dishwashers. With a diverse product portfolio and a commitment to innovation, KitchenAid has become a household name for culinary enthusiasts and professionals alike. The company employs approximately 10,000 individuals and generates an annual revenue of around 2 billion dollars. KitchenAid continues to set industry standards through its high-quality products, cutting-edge technology, and timeless design.

#19 AEG

AEG

Employees: 10K

Revenue: 2.5B$

Website: https://www.aeg.com/

Description: AEG, headquartered in Berlin, Germany, is a leading company in the Appliances industry. With a history dating back to 1887, AEG has established itself as a pioneer in providing innovative consumer goods. The company specializes in manufacturing and selling a wide range of appliances, including kitchen appliances, laundry appliances, and home comfort appliances. AEG's products are known for their high quality, advanced features, and energy efficiency. With a workforce of approximately 10,000 employees, AEG continues to set new standards in the industry. In 2020, the company generated a revenue of 2.5 billion dollars, solidifying its position as a key player in the consumer goods sector.

#18 Maytag

Coming Soon

Employees: 8.5K

Revenue: 3.2B$

Website: https://www.maytag.com/

Description: Maytag, headquartered in Benton Harbor, United States, is a prominent player in the Appliances industry. Founded in 1893, the company has a workforce of approximately 8.5 thousand employees. With an annual revenue of around 3.2 billion dollars, Maytag specializes in manufacturing and selling a wide range of appliances for consumer use. Their product portfolio includes refrigerators, dishwashers, washing machines, dryers, and cooking appliances. Maytag is renowned for their high-quality and reliable appliances, offering innovative features and modern designs. With a strong presence in North America, Maytag continues to be a trusted brand for households seeking durable and efficient appliances for their everyday needs.

#17 Miele

Miele

Employees: 20K

Revenue: 4.2B$

Website: https://www.miele.com

Description: Miele, headquartered in G├╝tersloh, Germany, is a leading player in the Appliances industry. Founded in 1899, the company has a rich history of providing high-quality consumer goods. With approximately 20,000 employees, Miele operates globally, offering a wide range of appliances including washing machines, dishwashers, ovens, refrigerators, and vacuum cleaners. The company has established a strong reputation for its innovative and durable products. Miele's commitment to excellence is reflected in its revenue of 4.2 billion dollars. With a focus on precision engineering, energy efficiency, and user-friendly designs, Miele continues to be a trusted brand for consumers seeking reliable and technologically advanced appliances.

#16 Dyson

Coming Soon

Employees: 14K

Revenue: 4.4B$

Website: https://www.dyson.com/

Description: Dyson is a leading company in the Appliances industry, specializing in consumer goods. With its headquarters in Malmesbury, United Kingdom, Dyson has been revolutionizing the world of household appliances since its founding in 1991. The company employs approximately 14,000 individuals worldwide, dedicated to creating innovative and high-quality products. Dyson is known for its cutting-edge technology and design, offering a wide range of appliances such as vacuum cleaners, hairdryers, air purifiers, and hand dryers. With a revenue of 4.4 billion U.S. dollars, Dyson continues to be a major player in the consumer goods market, constantly pushing boundaries and setting new standards for the industry.

#15 Indesit

Indesit

Employees: 25K

Revenue: 5B$

Website: https://www.indesit.com/

Description: Indesit is a leading company in the Appliances industry, specializing in the design, production, and distribution of household appliances. With its headquarters in Fabriano, Italy, Indesit operates primarily in Europe. The company was founded in 1975 and has since grown to employ approximately 25,000 employees. Indesit generates an estimated revenue of 5 billion US dollars. With a focus on consumer goods, Indesit offers a wide range of appliances, including refrigerators, washing machines, dishwashers, ovens, and more. With a commitment to innovation and quality, Indesit continues to provide reliable and efficient appliances to meet the needs of its customers.

#14 Siemens

Coming Soon

Employees: 20K

Revenue: 6.2B$

Website: https://www.siemens-home.bsh-group.com

Description: Siemens is a leading player in the Appliances industry, operating primarily in Europe. With its headquarters in Munich, Germany, the company has been in operation since 1967. Siemens employs approximately 20,000 employees, who are dedicated to designing, manufacturing, and distributing a wide range of consumer goods, including home appliances. The company offers innovative and high-quality appliances such as refrigerators, washing machines, dishwashers, ovens, and more. Siemens has established itself as a trusted brand, known for its advanced technology, energy efficiency, and stylish designs. With an annual revenue of 6.2 billion dollars, Siemens continues to be a major player in the Appliances industry, providing consumers with reliable and innovative solutions for their everyday needs.

#13 General Electric

General Electric

Employees: 50K

Revenue: 8B$

Website: https://www.geappliances.com/

Description: General Electric (GE) is a leading player in the Appliances industry, specializing in the production and distribution of consumer goods. Headquartered in Boston, United States, GE Appliances operates primarily in North America. With a history dating back to 1905, the company has established itself as a pioneer in the appliance market. GE Appliances boasts a workforce of approximately 50,000 employees, who are dedicated to delivering innovative and high-quality products to customers. The company generates an impressive annual revenue of around 8 billion dollars, solidifying its position as a key player in the consumer goods sector.

#12 Electrolux

Electrolux

Employees: 55K

Revenue: 14B$

Website: https://www.electroluxgroup.com/

Description: Electrolux, headquartered in Stockholm, Sweden, is a leading company in the Appliances industry. With a history dating back to 1919, Electrolux has established itself as a prominent player in the consumer goods market. The company employs approximately 55,000 employees worldwide, demonstrating its significant presence in the industry. Electrolux generates a substantial revenue of 14 billion dollars, showcasing its financial strength and market success. As a manufacturer of appliances, Electrolux offers a diverse range of products including refrigerators, washing machines, vacuum cleaners, and kitchen appliances. With its commitment to innovation, quality, and sustainability, Electrolux continues to be a trusted brand for consumers seeking reliable and efficient home appliances.

#11 Sharp

Coming Soon

Employees: 45K

Revenue: 15B$

Website: https://www.sharp.co.jp/

Description: Sharp, headquartered in Osaka, Japan, is a leading company in the Appliances industry. With a history dating back to 1912, Sharp has established itself as a pioneer in the consumer goods sector. The company specializes in the production and distribution of a wide range of appliances, offering innovative solutions to enhance the daily lives of consumers. Sharp's product portfolio includes refrigerators, air conditioners, washing machines, televisions, and other household appliances. With a workforce of approximately 45,000 employees, Sharp operates globally and is known for its commitment to quality and technological advancements. The company generates an impressive revenue of 15 billion dollars, solidifying its position as a key player in the Appliances industry.

#10 Hisense

Hisense

Employees: 100K

Revenue: 20B$

Website: https://www.hisense.com/

Description: Hisense is a leading player in the Appliances industry, specializing in the manufacturing and distribution of consumer goods. Headquartered in Qingdao, China, Hisense has established itself as a global brand with a strong presence in the Asian market. Since its founding in 1969, the company has grown steadily, employing approximately 100,000 employees worldwide. Hisense offers a diverse range of appliances, including refrigerators, washing machines, air conditioners, and televisions, catering to the evolving needs of consumers. With an annual revenue of 20 billion dollars, Hisense continues to innovate and deliver high-quality products that enhance the everyday lives of people across the globe.

#9 Whirlpool

Whirlpool

Employees: 77K

Revenue: 21B$

Website: https://www.whirlpoolcorp.com/

Description: Whirlpool is a leading company in the Appliances industry, specializing in the manufacturing and distribution of home appliances. Headquartered in Benton Harbor, United States, Whirlpool operates primarily in North America. With a rich history dating back to 1911, the company has established itself as a trusted brand in the consumer goods sector. Whirlpool offers a wide range of appliances including refrigerators, washing machines, dishwashers, ovens, and more. With a workforce of approximately 77,000 employees, the company is committed to delivering innovative and high-quality products to enhance the lives of consumers. Whirlpool generates a significant revenue of 21 billion dollars, solidifying its position as a key player in the appliance industry.

#8 Haier

Coming Soon

Employees: 90K

Revenue: 30B$

Website: https://www.haier.com/

Description: Haier, headquartered in Qingdao, China, is a leading company in the Appliances industry. Founded in 1984, the company has grown to become a global player in the consumer goods sector. With approximately 90,000 employees, Haier is committed to providing innovative and high-quality appliances to its customers. The company offers a wide range of products, including refrigerators, washing machines, air conditioners, and kitchen appliances. Haier's revenue has reached an impressive 30 billion dollars, solidifying its position as a key player in the market. With its focus on technological advancements and customer satisfaction, Haier continues to set benchmarks in the Appliances industry.

#7 Midea Group

Midea Group

Employees: 160K

Revenue: 36B$

Website: https://www.midea.com

Description: Midea Group, headquartered in Foshan, China, is a leading player in the Appliances industry. With a history dating back to 1968, Midea has established itself as a global brand known for its innovative and high-quality consumer goods. The company operates in various segments within the Appliances industry, including home appliances, heating, ventilation, and air conditioning systems, and smart home solutions. Midea's extensive product portfolio caters to the diverse needs of consumers worldwide, offering a range of technologically advanced and energy-efficient appliances. With a workforce of approximately 160,000 employees, Midea continues to drive growth and expansion, delivering superior products and services to its customers. In 2020, the company reported a revenue of 36 billion US dollars, solidifying its position as a key player in the consumer goods market.

#6 Toshiba

Toshiba

Employees: 141K

Revenue: 37.5B$

Website: https://www.toshiba.co.jp/

Description: Toshiba, headquartered in Tokyo, Japan, is a leading company in the Appliances industry. Founded in 1875, Toshiba has a rich history of innovation and technological advancements. With a workforce of approximately 141,000 employees, the company operates globally, offering a wide range of appliances to consumers. Toshiba's revenue in the industry is reported to be around 37.5 billion dollars, reflecting its strong market presence and success. The company's commitment to quality and reliability has made it a trusted brand among consumers, and its diverse portfolio of appliances caters to various consumer needs. From refrigerators and washing machines to air conditioners and kitchen appliances, Toshiba continues to deliver innovative and energy-efficient solutions to enhance the lives of its customers.

#5 LG Electronics

LG Electronics

Employees: 75K

Revenue: 56B$

Website: https://www.lg.com/

Description: LG Electronics, headquartered in Seoul, South Korea, is a prominent player in the Appliances industry. With a history dating back to 1958, LG has established itself as a leading manufacturer and provider of a wide range of consumer electronics and home appliances. The company's expertise lies in developing innovative and technologically advanced products that enhance people's lives. LG's appliances division offers a diverse portfolio of products including refrigerators, washing machines, air conditioners, dishwashers, and more. With a workforce of approximately 75,000 employees, LG Electronics generates an impressive annual revenue of 56 billion dollars. Through its commitment to quality, innovation, and sustainability, LG continues to shape the consumer goods industry and delight customers worldwide.

#4 Panasonic

Panasonic

Employees: 270K

Revenue: 72B$

Website: https://www.panasonic.com/

Description: Panasonic, headquartered in Osaka, Japan, is a leading company in the Appliances industry. Founded in 1918, the company has a rich history of providing innovative consumer goods. With a workforce of approximately 270,000 employees, Panasonic is dedicated to creating products that enhance the daily lives of consumers. The company generates a substantial revenue of 72 billion dollars, solidifying its position as a major player in the industry. Panasonic's commitment to technological advancements and high-quality appliances has earned it a strong reputation among consumers worldwide.

#3 Bosch

Coming Soon

Employees: 400K

Revenue: 78B$

Website: https://www.bosch-home.com/

Description: Bosch is a multinational company headquartered in Gerlingen, Germany. They are a major player in the Appliances industry, specializing in consumer goods. With a rich history dating back to 1886, Bosch has grown to become one of the largest companies in the world. They employ an estimated 400,000 people globally and generate an annual revenue of approximately 78 billion US dollars. Bosch offers a wide range of appliances, including refrigerators, dishwashers, ovens, washing machines, and more. Known for their innovation and quality, Bosch appliances are designed to enhance the lives of consumers by providing efficient and reliable solutions for everyday tasks.

#2 Hitachi

Hitachi

Employees: 300K

Revenue: 90B$

Website: https://www.hitachi.com

Description: Hitachi, headquartered in Tokyo, Japan, is a leading company in the Appliances industry. With a history dating back to 1910, the company has established itself as a major player in the consumer goods sector. Hitachi employs approximately 300,000 people globally, making it one of the largest employers in the industry. The company generates an impressive revenue of 90 billion dollars, showcasing its strong market presence and financial stability. Hitachi's commitment to innovation and quality has allowed it to develop a wide range of appliances that cater to consumer needs, including home appliances, air conditioning systems, and kitchen appliances. With its extensive experience and global reach, Hitachi continues to be a trusted and reliable brand in the Appliances industry.

#1 Samsung

Samsung

Employees: 320K

Revenue: 221B$

Website: https://www.samsung.com

Description: Samsung, headquartered in Seoul, South Korea, is a leading player in the Appliances industry. With a history dating back to 1938, Samsung has established itself as a trusted brand in the consumer goods sector. The company operates globally, offering a wide range of appliances including refrigerators, washing machines, air conditioners, and more. Samsung's commitment to innovation and quality has earned it a strong market presence, with a workforce of approximately 320,000 employees. The company's revenue stands at an impressive 221 billion dollars, solidifying its position as a major player in the industry.

Summary

The sub-industry of Appliances within the Consumer Goods sector has seen significant growth in recent years, with several companies emerging as leaders in the market. These top companies have achieved impressive rankings and notable accomplishments, solidifying their positions as key players in the industry. With their innovative products and strong market presence, these companies have set themselves apart from their competitors.

One unexpected finding in the analysis is the rapid growth of smart appliances. These appliances, equipped with advanced technology and connectivity features, have gained popularity among consumers, driving the success of companies that specialize in this area. Additionally, energy efficiency has become a major focus for the industry, with companies investing in research and development to create appliances that are environmentally-friendly and cost-effective.

Among the premier companies in the Appliances sub-industry is Company A, a leading manufacturer of kitchen appliances. With a wide range of products, including refrigerators, ovens, and dishwashers, Company A has established a strong presence in both domestic and international markets. Company B is another notable player, specializing in smart appliances that offer enhanced convenience and energy efficiency. Their products have gained recognition for their cutting-edge technology and sleek designs.

One shared element among these top companies is their commitment to innovation. They invest heavily in research and development, constantly seeking new ways to improve their products and meet the evolving needs of consumers. Additionally, these companies prioritize customer satisfaction, offering excellent after-sales service and support. They also maintain strong partnerships with retailers, ensuring widespread availability of their products.

What sets these eminent companies apart from their rivals is their ability to anticipate market trends and adapt quickly. They have successfully embraced the growing demand for smart appliances, integrating advanced technology into their product offerings. Moreover, these companies have built strong brand reputations, earning the trust and loyalty of consumers. Their focus on quality, durability, and aesthetics has made them preferred choices for customers in the Appliances sub-industry.