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Appliance power cord is a cable that temporarily connects an appliance to the mains electricity supply via a wall socket or extension cord. The terms are generally used for cables using a power plug to connect to a single-phase alternating current power source at the local line voltage—(generally 100 to 240 volts, depending on the location).
Copper, aluminum are the conductor raw materials and polyurethane and polyvinyl chloride, the outer sheath raw materials for the production of appliance power cord. Large and medium-sized companies purchase materials from the large-sized raw materials manufacturers. Some small-sized companies need to buy raw materials from distributors. With the development of appliance power cord, the raw materials manufacturers are also benefited from the appliance power cord industry in some extent.
The manufacturers and consumers are concentrated in China, North America, Europe and Japan. China is the largest manufacturer and consumer in the global, which occupied about 69.50% and 28.57% in 2015. Moreover, China is the largest net-exporter in the world, above 50% of the total export volume.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, appliance power cord market has a certain potential in China, Europe, USA and Japan, India. The demand in these areas is relatively stable. In China, appliance power cord industry maintains a rapid growth.
All the manufacturers in the world are committed to the improvement of product. At the same time, Chinese manufacturers are improving their technology. In future, some Chinese manufacturers can catch up with the world’s leading technology.
The sales price of appliance power cord is decreasing year by year from 2011 to 2016. The sales price is at about 11325 USD/K PCS in 2015. The product profit margin is about 10% – 16 % in 2015, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
In future, the appliance power cord industry in the world will turn dispersed. The world appliance power cord consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, appliance power cord has huge market potential in the future. Owing to the increasing of demand in appliance power cord downstream products, the world appliance power cord capacity will continue to expand.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support the copper, aluminum, polyurethane and polyvinyl chloride industry, it will lead the increase of appliance power cord demand. Therefore, we think entering appliance power cord market will be a good choice.
The worldwide market for Appliance Power Cord is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study. This report focuses on the Appliance Power Cord in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Appliance Power Cord market provide understanding about the market forces and how those can be exploited to create future opportunities.
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Important application areas of Appliance Power Cord are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Appliance Power Cord market. The market study on Global Appliance Power Cord Market 2018 report studies present as well as future aspects of the Appliance Power Cord Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
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— Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
— Global key players’ information including SWOT analysis, company’s financial figures, Laser Marking Machine figures of each company are covered.
— Powerful market analysis tools used in the report include: Porter’s five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
— Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
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Moreover, the report provides knowledge of the leading market players within the Appliance Power Cord market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users.
In this study, the years considered to estimate the market size of Appliance Power Cord Market are as follows:-
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