Prime for Growth: the Industry Will Likely Continue to Benefit from Growing Internet Traffic Volume
Operators in the Online Small Electrical Appliance Sales industry sell electrical appliances, like vacuums, hair dryers, toasters, blenders, and other items, online to consumers. The industry is proliferating as more time-strapped and price-sensitive consumers are attracted to the convenience of finding, comparing, and purchasing products online. E-commerce sales have grown tremendously over the five years to 2023. This phenomenon has extended to small electronic appliance products. As a result, industry revenue is expected to grow at an annualized rate of 9.2% to $8.8 billion over the five years to 2023. This includes growth of 7.3% in 2023 alone. Although COVID-19 reduced consumer spending and confidence by heightening unemployment substantially, it boosted e-commerce demand as fewer consumers shopped in person to comply with various lockdown and social-distancing measures.
This industry retails small electric appliances and housewares via the internet. Examples of industry products include small kitchen appliances like blenders and coffee makers, as well as personal care appliances like electric shavers, electric toothbrushes and blow driers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.Com Inc.
- Home Depot inc.
- Best Buy Co. inc.
- Lowes Companies Inc.
Methodology
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