U.S. Home Appliances Market Size & Outlook, 2021-2028
U.S. home appliances market, 2016-2028 (US$M)
Related Markets
U.S. home appliances market highlights
- The U.S. home appliances market generated a revenue of USD 109,743.6 million in 2021 and is expected to reach USD 156,136.9 million by 2028.
- The U.S. market is expected to grow at a CAGR of 5.2% from 2022 to 2028.
- In terms of segment, cooking appliances was the largest revenue generating product in 2021.
- Washing Machines is the most lucrative product segment registering the fastest growth during the forecast period.
Home appliances market data book summary
| Market revenue in 2021 | USD 109,743.6 million |
| Market revenue in 2028 | USD 156,136.9 million |
| Growth rate | 5.2% (CAGR from 2021 to 2028) |
| Largest segment | Cooking appliances |
| Fastest growing segment | Washing Machines |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Conditioners, Cooking Appliances, Dishwashers, Refrigerators & Freezers, Washing Machines |
| Key market players worldwide | Koninklijke Philips NV, Haier Smart Home Co Ltd ADR, B. Braun Medical, Hamilton Lane Inc Class A, Whirlpool Corp, Hamilton Beach Brands Holding Co Class A, Spectrum Brands Holdings Inc, Brother Industries Ltd, Tiger Brands Ltd, BPL Group, Meyer, Zojirushi, SEB SA, Blendtec |
Other key industry trends
- In terms of revenue, U.S. accounted for 22.2% of the global home appliances market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. home appliances market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 15,831.2 million by 2028.
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Home Appliances Market Scope
Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. home appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home appliances market will help companies and investors design strategic landscapes.
Cooking appliances was the largest segment with a revenue share of 52.22% in 2021. Horizon Databook has segmented the U.S. home appliances market based on air conditioners, cooking appliances, dishwashers, refrigerators & freezers, washing machines covering the revenue growth of each sub-segment from 2016 to 2028.
- U.S. Home Appliances Product Outlook (Revenue, USD Million, 2016-2028)
- Air Conditioners
- Cooking Appliances
- Dishwashers
- Refrigerators & Freezers
- Washing Machines
- Others
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. home appliances market databook
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Our clientele includes a mix of home appliances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. home appliances market , including forecasts for subscribers. This country databook contains high-level insights into U.S. home appliances market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. home appliances market size, by product, 2016-2028 (US$M)
U.S. Home Appliances Market Outlook Share, 2021 & 2028 (US$M)
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