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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 | May 2015

Home grown: A recovering housing market has led to industry revenue growth

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 10-15
1.6%
Annual Growth 15-20
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Profit
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Employment
34,152
Businesses
119
Industry Analysis & Industry Trends

Industry companies directly experienced the adverse effects of the housing market contraction, weak consumer spending on durable goods and rising import penetration early in the five-year period, with revenue continuing its decline through 2011. However, improvements in underlying demand from a recovering housing market and disposable income growth have facilitated the industry's recovery. In the next five years, the continued recovery of the US housing market will lead to greater emand, propelling industry revenue. Additionally, new energy-efficient products will drive industry revenue... 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 improved substantially. Early in the five-year period, new legislation buoyed consumer demand, softening revenue declines across the industry. Since then, growth in underlying household demand due to an improving housing market and an uptick in disposable income have significantly improved the industry's fortunes... 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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