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Major Household Appliance Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Major Household Appliance Manufacturing Market Research Report | NAICS 33522 | Nov 2014

Home economics: Housing rebound will boost demand, but companies will face more foreign competition

IBISWorld’s Major Household Appliance Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$18bn
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
36,427
Businesses
144
Industry Analysis & Industry Trends

Major Household Appliance Manufacturing is highly globalized, with many foreign companies that compete aggressively in the US market. Industry companies directly experienced the effects of housing market contraction and weak recessionary consumer spending over the past five years, which weakened revenue as imports supplied an increasing share of domestic demand. Manufacturers in the industry have begun to recover in part by cutting employment and offshoring some production in response to competition and price pressures. Though demand will rise in the next five years in line with the continued housing recovery, these pressures will continue to weigh on profit margins, while development of new energy-efficient products will present new revenue opportunities... purchase to read more

Industry Report - Industry Analysis Chapter

The Major Household Appliance Manufacturing industry has begun to recover from the effects of the economic recession that crippled many of the industry's key downstream markets and led to significant revenue declines early in the five-year period. More recently, the highly globalized industry that manufactures major household cooking appliances, including refrigerators and home freezers, household laundry equipment, dishwashers, garbage disposal units and water heaters, has seen revenue improve substantially. Early in the five-year period, new legislation buoyed consumer demand, softening revenue declines across the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Major Household Appliance Manufacturing Industry?

This industry includes companies that manufacture major household cooking appliances, refrigerators and home freezers, household laundry equipment and other major electrical and nonelectrical household appliances such as dishwashers, garbage disposal units, water heaters and trash compactors. Small cooking appliances (e.g. hot plates), fans, vacuums, and electric irons are not included in this industry.

Industry Products
Household cooking appliances Household refrigerators and home freezers Household laundry equipmentWater heater appliancesOther appliances
 
Industry Activities
Household cooking appliancesHousehold refrigerator and home freezerHousehold laundry equipmentDishwasherGarbage disposal unitElectric and nonelectric water heaterTrash compactor


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