TV & Appliance Wholesaling in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS 42362Revenue
$141.8bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
46,915
Businesses
2,722
Wages
$X.Xbn
TV & Appliance Wholesaling in the US industry analysis
Businesses in the industry distribute a range of electric household appliances and consumer electronics. As these items are mostly discretionary purchases and supplementary products to home building, activity in downstream retail and residential construction markets largely determines revenue growth. Over the past five years, disposable and median household incomes have increased, enabling consumers to invest more in home building and renovation projects, which often involve purchasing new electronics. However, falling consumer confidence and elevated inflation, coupled with the increasing prevalence of online transactions, have placed downward pressure on demand. As a result, revenue has inched downward at an estimated CAGR of 1.5% to $141.8 billion through 2024, including a 1.0% gain during that year alone.
Trends and Insights
- Consumers' disposable income and willingness to invest are crucial for purchasing discretionary items like appliances and TVs. Economic uncertainties and high interest rates have made buyers wary, dampening demand.
- Most product innovation occurs in upstream manufacturing markets. Wholesalers, who don't actually produce goods, act as middlemen between manufacturers and retailers. They play a crucial role in distributing products but don't contribute to innovation.
- Wholesalers operate near populated areas to reach more customers. Larger populations drive higher downstream demand, allowing wholesalers to increase sales. This strategic placement optimizes their market reach and profitability.
- Larger wholesalers compete with one another to secure long-term contracts with downstream markets. Vertically integrated companies compete directly for the business of individual consumers.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $141.8bn in 2024.
Trends and Insights
Macroeconomic trends impact demand for discretionary products
- In many cases, appliances and TVs can be considered to be largely discretionary purchases, making them highly reliant on consumers’ economic capabilities, including their disposable income and willingness to take on significant investments, as it can be to buy new electronics.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Improving economic conditions will drive growth
- The ongoing economic recovery is expected to continue over the coming years. Improving macroeconomic conditions, including rising consumer confidence and disposable income, encourage consumers to make big purchases, including appliances and TVs.
Biggest companies in the TV & Appliance Wholesaling in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Electrolux AB | 5,656.3 | 291.3 | 5.2 | |
GE Appliances | 3,393.8 | 174.8 | 5.2 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Major household appliances, Small household appliances and TVs. Major household appliances is the largest segment of the TV & Appliance Wholesaling in the US.
Trends and Insights
Large household appliances are wholersalers' strongest product line
- Large appliances include refrigerators, ranges and ovens, washing machines, clothes dryers and dishwashers. These products are often more expensive and a common feature in most homes, enabling the segment to produce the largest revenue share.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Electrical Equipment Wholesaling in the US
- Electronic Part & Equipment Wholesaling in the US
- Heating & Air Conditioning Wholesaling in the US
- Refrigeration Equipment Wholesaling in the US
International industries
- TV & Appliance Wholesaling in Canada
- Household Appliance Wholesaling in Australia
- Household Appliance Wholesaling in New Zealand
- Household Appliance & Television Wholesaling in the UK
Table of Contents
About this industry
Industry definition
Operators in this industry wholesale a range of electric household appliances, such as refrigerators and washing machines, as well as consumer electronics, such as TVs, DVD players and stereo systems. The industry’s wholesalers purchase goods from domestic and international manufacturers and then sell them to mass merchandisers, department stores, home improvement stores and other appliance retailers.
What's included in this industry?
Household appliance wholesalingTV wholesalingAudio equipment wholesalingAutomotive radio wholesalingElectronics wholesalingHousehold refrigerator and freezer wholesalingElectric water heater wholesalingCompanies
Electrolux ABGE AppliancesPurchase this report to view all 2 major companies in this industry.
Related Terms
LIGHT-EMITTING DIODES (LEDS)BLU-RAYWHOLESALE BYPASSIndustry Code
NAICS 42362 - TV & Appliance Wholesaling in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Consumers' disposable income and willingness to invest are crucial for purchasing discretionary items like appliances and TVs. Economic uncertainties and high interest rates ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Most product innovation occurs in upstream manufacturing markets. Wholesalers, who don't actually produce goods, act as middlemen between manufacturers and retailers. They pl...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Wholesalers operate near populated areas to reach more customers. Larger populations drive higher downstream demand, allowing wholesalers to increase sales. This strategic pl...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Larger wholesalers compete with one another to secure long-term contracts with downstream markets. Vertically integrated companies compete directly for the business of indivi...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The largest companies in the industry are vertically integrated. In addition to wholesaling, Electrolux AB and GE Appliances have stakes in upstream manufacturers, shipping o...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Electrolux AB's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of GE Appliances's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Electrolux AB, and factors influencing its performance in the industry
- Description and key data for GE Appliances, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Government regulations focus on worker safety and energy efficiency standards. The Appliance and Equipment Standards program implements minimum energy conservation standards ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Unfavorable economic conditions have harmed demand for new electronics, shrinking profit. Significant inflation, growing economic uncertainty and prominent price-based compet...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the TV & Appliance Wholesaling in the US industry in United States in 2024?
The market size of the TV & Appliance Wholesaling in the US industry in United States is $141.8bn in 2024.
How many businesses are there in the TV & Appliance Wholesaling in the US industry in 2024?
There are 2,722 businesses in the TV & Appliance Wholesaling in the US industry in United States, which has declined at a CAGR of 1.0 % between 2019 and 2024.
Has the TV & Appliance Wholesaling in the US industry in United States grown or declined over the past 5 years?
The market size of the TV & Appliance Wholesaling in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.
What is the forecast growth of the TV & Appliance Wholesaling in the US industry in United States over the next 5 years?
Over the next five years, the TV & Appliance Wholesaling in the US industry in United States is expected to grow.
What are the biggest companies in the TV & Appliance Wholesaling in the US market in United States?
The biggest companies operating in the TV & Appliance Wholesaling market in United States are Electrolux AB and GE Appliances
What does the TV & Appliance Wholesaling in the US in United States include?
Household appliance wholesaling and TV wholesaling are part of the TV & Appliance Wholesaling in the US industry.
Which companies have the highest market share in the TV & Appliance Wholesaling in the US in United States?
The company holding the most market share in United States is Electrolux AB.
How competitive is the TV & Appliance Wholesaling in the US industry in United States?
The level of competition is high and steady in the TV & Appliance Wholesaling in the US industry in United States.
