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Home Appliance Chain Market: Information by Product (Refrigerators & Freezers, Dishwashers), Price Range (Low, Medium), Sales Channel (Online & Offline), and Region—Forecast Till 2026

One of the key factors that drive the home appliances market is the expiration of the lifetime of existing appliances. Different appliances have different lifetimes, and the duration also varies on the basis of other factors such as the frequency of service. Mechanical or electrical failures, accidental impacts, ineffective operation, and wear and tear are some of the reasons that necessitate servicing. With today’s busy lifestyle, users are often unable to service appliances timely, which further decreases the lifespan.