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The household appliances market in US is forecasted to grow by $ 12.08 trillion during 2023-2028, accelerating at a CAGR of 3.66% % during the forecast period. The report on the household appliances market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation and advancement leading to portfolio extension and product premiumization, increased adoption of integrated smart home technology, and rise in discretionary income of consumers.
The household appliances market in US is segmented as below:
By Product
- Major household
- Small household
By Distribution Channel
- Offline
- Online
This study identifies the increased adoption of multifunctional and advanced products as one of the prime reasons driving the household appliances market in US growth during the next few years. Also, rising adoption of smart household appliances and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.
The report on the household appliances market in US covers the following areas:
- household appliances market in US sizing
- household appliances market in US forecast
- household appliances market in US industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading household appliances market in US vendors that include Bertazzoni Spa, Electrolux group, Fisher and Paykel Appliances Ltd., FOTILE Overseas Kitchen Appliance Co. Ltd, Haier Smart Home Co. Ltd., Hatco Corp., Hisense India Pvt Ltd, Irobot Corp., LG Electronics Inc., Marvel Refrigeration, Miele and Cie. KG, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Smeg S.p.a., Sub Zero Group Inc., The Middleby Corp., True Manufacturing Co. Inc., Whirlpool Corp., and Windster Hoods. Also, the household appliances market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
Executive Summary
The following companies are recognized as the key players in the global household appliances market in US: Bertazzoni Spa, Electrolux group, Fisher and Paykel Appliances Ltd., FOTILE Overseas Kitchen Appliance Co. Ltd, Haier Smart Home Co. Ltd., Hatco Corp., Hisense India Pvt Ltd, Irobot Corp., LG Electronics Inc., Marvel Refrigeration, Miele and Cie. KG, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Smeg S.p.a., Sub Zero Group Inc., The Middleby Corp., True Manufacturing Co. Inc., Whirlpool Corp., and Windster Hoods.
Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increased adoption of multifunctional and advanced products."
According to the report, one of the major drivers for this market is the product innovation and advancement leading to portfolio extension and product premiumization.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bertazzoni Spa
- Electrolux group
- Fisher and Paykel Appliances Ltd.
- FOTILE Overseas Kitchen Appliance Co. Ltd
- Haier Smart Home Co. Ltd.
- Hatco Corp.
- Hisense India Pvt Ltd
- Irobot Corp.
- LG Electronics Inc.
- Marvel Refrigeration
- Miele and Cie. KG
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Smeg S.p.a.
- Sub Zero Group Inc.
- The Middleby Corp.
- True Manufacturing Co. Inc.
- Whirlpool Corp.
- Windster Hoods
