Africa domestic appliance market

The domestic appliances market in Africa is set for steady expansion, fueled by growing consumer demand. Forecasts indicate a compound annual growth rate (CAGR) of 1.6% in unit sales and 2.9% in market value from 2024 to 2035. By the end of this period, the industry is projected to reach 366 million units in sales, with a total market valuation of $25.5 billion. This upward trend reflects the region’s increasing appetite for modern appliances and economic development driving household investments.

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