Enjoy complimentary customisation on priority with our Enterprise License!
The US household appliances market size is forecast to increase by USD 12,081 billion at a CAGR of 3.66% between 2023 and 2028. The household appliances market in the US is experiencing significant growth, driven by the continuous innovation and advancement of appliances. Consumers are increasingly opting for multifunctional and sophisticated products that cater to various domestic tasks, such as cooking, water heating, and laundry. These trends are leading to portfolio extension and product premiumization in the market. However, the market is not without challenges. Another key factor is the increased adoption of integrated smart home technology, which enhances convenience and efficiency. Fluctuations in raw material prices and operating costs can impact the profitability of manufacturers. Additionally, the increasing popularity of consumer electronics and small appliances, such as microwave ovens, induction cookers, and dishwashers, may result in increased competition. Overall, the household appliances market in the US remains dynamic, with electric and gas appliances, including refrigerators, stoves, washing machines, dryers, and drying cabinets, continuing to dominate the landscape. To stay competitive, manufacturers must focus on delivering value-added features and energy efficiency while managing costs and adapting to market trends.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.