Industry Analysis & Industry Trends
Major Household Appliance Manufacturing is highly globalized, with several large domestic and foreign companies. Many have strong brand recognition and compete aggressively in the US market to produce and sell a wide range of durable consumer goods such as refrigerators, laundry equipment and dishwashers. Improvements in underlying demand from a recovering housing market and disposable income growth have facilitated the industry's recovery. The recent appreciation of the US dollar has led to a decline in export sales and rising import penetration, only accelerating the rate at which companies have moved manufacturing facilities abroad. Over the next five years, IBISWorld anticipates that the continued growth of the US housing market will lead to greater demand... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Major Household Appliances Manufacturing industry has a high level of concentration, with the top four industry players accounting for 78.2% of industry revenue in 2016. Whirlpool dominates the market with a 39.0% share of all industry revenue. The company's dominance stems from its ability to provide a wide range of products at competitive price points and its practice of acquiring industry competitors. Notably, Whirlpool acquired Maytag Corporation in 2006, a key competitor in the market for laundry and kitchen appliances.
Five years to 2016
In 2011, the top four companies claimed 89.3% of industry revenue... purchase to read more