Industry Analysis & Industry Trends
Revenue for the Online Large Kitchen Appliance Sales industry has grown strongly over the past five years as an increasing number of consumers have turned to the internet for big-ticket purchases. Furthermore, improvements in the residential construction market has boosted industry demand. Over the next five years, this trend is expected to continue as the housing market and per capita disposable income continue to recover. Industry operators are anticipated to expand product offerings to include ecofriendly appliances, while online shopping will continue growing in popularity, providing a boon to the industry.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Large Kitchen Appliance Sales industry is in the growth phase of its life cycle. Industry value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average annual rate of 9.1% in the 10 years to 2021. This increase is much higher than that of GDP, which is expected to grow at an average annual rate of 2.1% during the same period.
In the five years to 2021, revenue is forecast to rise an average annual 6.9% to $5.1 billion. During this period, industry growth will be supported by a rise in housing starts, higher per capita disposable income and increasing demand for green appliances. Additionally, growing consumer spending is expected to positively affect industry growth... purchase to read more