The market is dominated by foreign suppliers, as imports account for 53.0% of total market size in 2022. Households drive market demand, with household spending representing 55.2% of total demand in 2022. The US has the largest market size for domestic appliances across the top 20 developed countries, with demand reaching USD131 billion in 2022. Whirlpool Corp is the largest company in the US, generating 23.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 33.1% of total production value in 2022. The total number of companies increases in 2022, to 1,065 units. The costs of the industry increase by 4.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 17.1% of production value in 2022, the fourth highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 11.6% of total production output. With production value of USD41.5 billion, the US accounts for 98.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Domestic Appliances in the US: ISIC 293. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Domestic Appliances in the US: ISIC 293 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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