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 Products Chapter
Manufacturers in the Major Household Appliance Manufacturing industry produce and sell a defined set of finished household appliances to downstream wholesale and retail industries that then sell them to end-consumer households.
The largest industry product segment is household cooking appliances, which account for an estimated 31.2% of industry revenue in 2015. Electric ranges, ovens, surface cooking units, equipment and parts accounted for an estimated 55.0% of this segment; gas ranges and cooking equipment accounted for about 35.0%; and other household ranges and cooking equipment accounted for the remaining 10.0%. During the past five years, cooking appliance sales have grown substantially as a share of industry revenue... purchase to read more