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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Locations Chapter

The geographic distribution of establishments primarily engaged in major household appliance manufacturing has generally followed major population centers. The Southeast has 35.9% of the industry's establishments and accounts for 25.4% of the US population. Tennessee alone holds 19 establishments.

The West and Great Lakes regions hold the second- and third-largest number of establishments. These regions not only have large populations, but also benefit from their proximity to large ports, providing easy access to imports and transports. The Great Lakes region, which accounts for 23.4% of all establishments, enables easy access to Canada, with the majority of all merchandise trade between the US and Canada traveling through Detroit by land and sea... 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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