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 Locations Chapter
Population trends and transportation access
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, benefiting from its comparatively low wages. 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... purchase to read more