Household Appliances Market in US 2023-2027

Description

List of Tables

The household appliances market in US is forecasted to grow by USD 13,039.23 million during 2022-2027, accelerating at a CAGR of 4.05% 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.

Technavio's household appliances market in US is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	3.27%
CAGR	4.05%
Incremental Value	$13039.23mn

By Distribution Channel

Offline
Online

By Product

Major household appliances
Small household appliances

This study identifies the increased adoption of multi- and advanced products as one of the prime reasons driving the household appliances market in US growth during the next few years. Also, growing 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

The robust vendor analysis 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 AB, 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., Whirlpool Corp., Windster Hoods, and True Manufacturing Co. Inc.. 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 publisher 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 research - both primary and secondary. 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 the accurate market growth.

Product Code: IRTNTR76454

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary €" Chart on Market Overview
Exhibit 02: Executive Summary €" Data Table on Market Overview
Exhibit 03: Executive Summary €" Chart on Country Market Characteristics
Exhibit 04: Executive Summary €" Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary €" Chart on Market Segmentation by Product
Exhibit 06: Executive Summary €" Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Household appliances market in US 2017 - 2021
Exhibit 15: Historic Market Size €" Data Table on household appliances market in US 2017 - 2021 ($ million)
4.2 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size €" Distribution Channel Segment 2017 - 2021 ($ million)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size €" Product Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers €" Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers €" Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants €" Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes €" Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry €" Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 25: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 26: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 27: Chart on Comparison by Distribution Channel
Exhibit 28: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 29: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 33: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 37: Market opportunity by Distribution Channel ($ million)
Exhibit 38: Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 39: Chart on Product - Market share 2022-2027 (%)
Exhibit 40: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 41: Chart on Comparison by Product
Exhibit 42: Data Table on Comparison by Product
7.3 Major household appliances - Market size and forecast 2022-2027
Exhibit 43: Chart on Major household appliances - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Major household appliances - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Major household appliances - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Major household appliances - Year-over-year growth 2022-2027 (%)
7.4 Small household appliances - Market size and forecast 2022-2027
Exhibit 47: Chart on Small household appliances - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Small household appliances - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Small household appliances - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Small household appliances - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Product
Exhibit 51: Market opportunity by Product ($ million)
Exhibit 52: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 53: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 54: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 55: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 56: Overview on factors of disruption
10.4 Industry risks
Exhibit 57: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 58: Vendors covered
11.2 Market positioning of vendors
Exhibit 59: Matrix on vendor position and classification
11.3 Electrolux AB
Exhibit 60: Electrolux AB - Overview
Exhibit 61: Electrolux AB - Business segments
Exhibit 62: Electrolux AB - Key news
Exhibit 63: Electrolux AB - Key offerings
Exhibit 64: Electrolux AB - Segment focus
11.4 Fisher and Paykel Appliances Ltd.
Exhibit 65: Fisher and Paykel Appliances Ltd. - Overview
Exhibit 66: Fisher and Paykel Appliances Ltd. - Product / Service
Exhibit 67: Fisher and Paykel Appliances Ltd. - Key offerings
11.5 FOTILE Overseas Kitchen Appliance Co. Ltd
Exhibit 68: FOTILE Overseas Kitchen Appliance Co. Ltd - Overview
Exhibit 69: FOTILE Overseas Kitchen Appliance Co. Ltd - Product / Service
Exhibit 70: FOTILE Overseas Kitchen Appliance Co. Ltd - Key offerings
11.6 Haier Smart Home Co. Ltd.
Exhibit 71: Haier Smart Home Co. Ltd. - Overview
Exhibit 72: Haier Smart Home Co. Ltd. - Business segments
Exhibit 73: Haier Smart Home Co. Ltd. - Key offerings
Exhibit 74: Haier Smart Home Co. Ltd. - Segment focus
11.7 Irobot Corp.
Exhibit 75: Irobot Corp. - Overview
Exhibit 76: Irobot Corp. - Product / Service
Exhibit 77: Irobot Corp. - Key offerings
11.8 LG Electronics Inc.
Exhibit 78: LG Electronics Inc. - Overview
Exhibit 79: LG Electronics Inc. - Product / Service
Exhibit 80: LG Electronics Inc. - Key offerings
11.9 Miele and Cie. KG
Exhibit 81: Miele and Cie. KG - Overview
Exhibit 82: Miele and Cie. KG - Product / Service
Exhibit 83: Miele and Cie. KG - Key offerings
11.10 Panasonic Holdings Corp.
Exhibit 84: Panasonic Holdings Corp. - Overview
Exhibit 85: Panasonic Holdings Corp. - Business segments
Exhibit 86: Panasonic Holdings Corp. - Key news
Exhibit 87: Panasonic Holdings Corp. - Key offerings
Exhibit 88: Panasonic Holdings Corp. - Segment focus
11.11 Robert Bosch GmbH
Exhibit 89: Robert Bosch GmbH - Overview
Exhibit 90: Robert Bosch GmbH - Business segments
Exhibit 91: Robert Bosch GmbH - Key news
Exhibit 92: Robert Bosch GmbH - Key offerings
Exhibit 93: Robert Bosch GmbH - Segment focus
11.12 Samsung Electronics Co. Ltd.
Exhibit 94: Samsung Electronics Co. Ltd. - Overview
Exhibit 95: Samsung Electronics Co. Ltd. - Business segments
Exhibit 96: Samsung Electronics Co. Ltd. - Key news
Exhibit 97: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 98: Samsung Electronics Co. Ltd. - Segment focus
11.13 Smeg S.p.a.
Exhibit 99: Smeg S.p.a. - Overview
Exhibit 100: Smeg S.p.a. - Product / Service
Exhibit 101: Smeg S.p.a. - Key offerings
11.14 Sub Zero Group Inc.
Exhibit 102: Sub Zero Group Inc. - Overview
Exhibit 103: Sub Zero Group Inc. - Product / Service
Exhibit 104: Sub Zero Group Inc. - Key offerings
11.15 The Middleby Corp.
Exhibit 105: The Middleby Corp. - Overview
Exhibit 106: The Middleby Corp. - Business segments
Exhibit 107: The Middleby Corp. - Key offerings
Exhibit 108: The Middleby Corp. - Segment focus
11.16 Whirlpool Corp.
Exhibit 109: Whirlpool Corp. - Overview
Exhibit 110: Whirlpool Corp. - Business segments
Exhibit 111: Whirlpool Corp. - Key offerings
Exhibit 112: Whirlpool Corp. - Segment focus
11.17 Windster Hoods
Exhibit 113: Windster Hoods - Overview
Exhibit 114: Windster Hoods - Product / Service
Exhibit 115: Windster Hoods - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 116: Inclusions checklist
Exhibit 117: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 118: Currency conversion rates for US$
12.4 Research methodology
Exhibit 119: Research methodology
Exhibit 120: Validation techniques employed for market sizing
Exhibit 121: Information sources
12.5 List of abbreviations
Exhibit 122: List of abbreviations
- chain disruptions: The supply chain around the world has been disrupted due to the COVID-19 pandemic, due to which the global household appliances market witnessed an immediate decline in 2020. Factors such as shortage of labor, a surge in consumer inventories, and an increase in transportation costs impacted the supply chain in 2020, mainly due to a slowdown in manufacturing (supply-demand imbalance) and the shutdown of manufacturing facilities. Such scenarios may lead to a global economic crisis. The debt challenge is expected to become more noticeable in the future due to the global GDP growth slowdown, and it may impact individual household income and spending power. The deep slowdown in demand for household appliances may lead to price fluctuations and oversupply. The outbreak is expected to change the trade and manufacturing policies of governments of various countries. This might adversely affect the global household appliances market. Also, manufacturers of household appliances need to re-launch their products with new marketing strategies.