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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 SWOT Analysis Chapter

The Major Household Appliance Manufacturing industry is in a declining phase of its life cycle in the United States. This phase is characterized by the industry's declining contribution to GDP, contractions in the number of industry companies and production facilities, market saturation, consolidation and declining profitability. Industry value added (IVA), a measure of the industry's contribution to overall economic growth, is forecast to grow at a 0.2% annualized rate from 2010 to 2020, below the pace of overall GDP, which will grow at an average annual rate of 2.5% during the same period.

The industry is highly globalized with high levels of competition due to low production differentiation... 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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