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 Key Buyers Chapter
The Major Household Appliances Manufacturing industry has a high level of concentration, with the top four industry players accounting for an estimated 79.2% of industry revenue in 2014. Whirlpool dominates the market with a 40.0% 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.
Since 2010, market concentration has been decreasing, reversing a trend of intense consolidation that saw the top four companies claim 96.1% of industry revenue in 2009... purchase to read more