Industry Analysis & Industry Trends
The recession had a profound effect on this industry, as it is highly reliant on positive consumer sentiment and a strong housing market. As the economy has strengthened, demand and revenue have somewhat improved; however, in the five years to 2018, the industry will experience much more encouraging increases. The industry will also gain traction as more consumers become comfortable shopping online.... purchase to read more
Industry Report - Industry Products Chapter
Household refrigerators and freezers
Household refrigerators and freezers are expected to create the largest product segment in 2013 and are estimated to account for 28.2% of industry revenue. Households and businesses that have small kitchens for employees commonly purchase refrigerators and freezers. During the five years to 2013 this segment is estimated to decline due to fewer new homes and commercial buildings being built, reducing demand for these products.
Laundry equipment is estimated to account for 27.0% of industry revenue in 2013. This segment includes washing and drying machines, which are typically purchased by households and laundromat establishments... purchase to read more