Industry Analysis & Industry Trends
The recovery in the housing market will bode well for appliance manufacturers. Because new homeowners comprise a significant portion of appliance sales, the anticipated rise in housing starts will bring increased demand to the industry. Appliance manufacturers will continue to face rising input costs, however, particularly plastic. With financial assistance from federal tax credits expiring, many operators will cope by moving their production to lower labor-cost countries, such as China or Mexico... purchase to read more
Industry Report - Industry Products Chapter
Manufacturers in the Major Household Appliance Manufacturing industry produce and sell a defined set of finished household appliances to downstream wholesale and retail industries who then sell them to end-consumer households.
The largest industry product segment is household cooking appliances, which account for an estimated 25.6% of industry revenue in 2014. Electric ranges, ovens, surface cooking units, equipment and parts accounted for an estimated 55.0% of this segment; gas ranges and cooking equipment accounted for about 35.0%; and other household ranges and cooking equipment accounted for the remaining 10.0%. During the past five years, cooking appliance sales declined as a share of industry revenue... purchase to read more