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The US Small Household Appliances Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025 Edition)

  • ID: 5410211
  • Report
  • August 2021
  • Region: United States
  • 117 Pages
  • Daedal Research

FEATURED COMPANIES

  • LG Corp. (LG Electronics)
  • Panasonic Corporation
  • MORE

This report provides an in-depth analysis of the United States' small household appliances market, with a description of market sizing and growth.



The analysis includes the market by value, by volume, by category, and by product. Furthermore, the report also provides detailed category analysis and product analysis. The report additionally provides a COVID-19 impact analysis on the US small household appliances market.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall US small household appliances market has also been forecasted for the years 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Some of the major players operating in the US small household appliances market are Samsung Group (Samsung Electronics), Panasonic Corporation, Haier (Haier Smart Home Co. Ltd.), and LG Corp. (LG Electronics), whose company profiling has been done in the report. Furthermore, in this segment of the report, business overview, financial overview and business strategies of the respective companies are also provided.

Country Coverage

  • The US

Company Coverage

  • Samsung Group (Samsung Electronics)
  • Panasonic Corporation
  • Haier (Haier Smart Home Co. Ltd.)
  • LG Corp. (LG Electronics)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • LG Corp. (LG Electronics)
  • Panasonic Corporation
  • MORE

1. Executive Summary

 

2. Introduction

2.1 Household Appliances: An Overview
2.2 Testing & Certification of Household Appliances
2.3 Small Household Appliances: An Overview
2.4 Small Household Appliances Segmentation

3. The US Market Analysis

3.1 The US Small Household Appliances Market: An Analysis
3.1.1 The US Small Household Appliances Market by Value
3.1.2 The US Small Household Appliances Market by Volume
3.1.3 The US Small Household Appliances Market by Category (Cooking, Home Environment, Food Preparation, and Personal Care)
3.1.4 The US Small Household Appliances Market by Products (Small Kitchen Appliances, Vacuum Cleaners, Grills & Roasters, Coffee Machines, Microwave Ovens, Irons, Hair Clippers, Toasters, Hair Dryers and Electric Kettles)
3.1.5 The US Small Household Appliances Market Volume by Products (Small Kitchen Appliances, Grills & Roasters, Vacuum Cleaners, Coffee Machines, Hair Clippers, Hair Dryers, Toasters, Irons, Microwave Ovens and Electric Kettles)
3.1.6 The US Small Household Appliances Market by Distribution Channel (Online and Others)
3.2 The US Small Household Appliances Market: Category Analysis
3.2.1 The US Home Environment Appliances Market by Value
3.2.2 The US Cooking Appliances Market by Value
3.2.3 The US Food Preparation Appliances Market by Value
3.2.4 The US Personal Care Appliances Market by Value
3.3 The US Small Household Appliances Market: Product Analysis
3.3.1 The US Vacuum Cleaners Market by Value
3.3.2 The US Vacuum Cleaners Market by Volume
3.3.3 The US Small Kitchen Appliances Market by Value
3.3.4 The US Small Kitchen Appliances Market by Volume
3.3.5 The US Grills & Roasters Market by Value
3.3.6 The US Grills & Roasters Market by Volume
3.3.7 The US Coffee Machines Market by Value
3.3.8 The US Coffee Machines Market by Volume
3.3.9 The US Microwave Ovens Market by Value
3.3.10 The US Microwave Ovens Market by Volume
3.3.11 The US Electric Iron Market by Value
3.3.12 The US Electric Iron Market by Volume
3.3.13 The US Toasters Market by Value
3.3.14 The US Toasters Market by Volume
3.3.15 The US Hair Dryers Market by Value
3.3.16 The US Hair Dryers Market by Volume
3.3.17 The US Electric Kettles Market by Value
3.3.18 The US Electric Kettles Market by Volume
3.3.19 The US Hair Clippers Market by Value
3.3.20 The US Hair Clippers Market by Volume
3.4 The US Small Household Appliances Market: Distribution Channel Analysis
3.4.1 The US Online Small Household Appliances Sales by Value
3.4.2 The US Other Platform Small Household Appliances Sales by Value

4. COVID-19

4.1 Impact of COVID-19
4.2 Impact of COVID-19 on Online Sales
4.3 Impact of COVID-19 on Store Sales
4.4 Impact of COVID-19 on Total Retail Sales

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing Number of Single-Person Households
5.1.2 Rise in Disposable Income
5.1.3 Surging Urban Population
5.1.4 Growth in Number of Smart Homes
5.1.5 Rising Millennial Population
5.1.6 Surging Online Sales of Small Household Appliances
5.1.7 Surging Smart Sensors Demand
5.1.8 Rising Demand for Energy Optimization
5.2 Challenges
5.2.1 Increased Tariffs on Raw Materials
5.2.2 Rising Privacy Threats
5.2.3 Changing Regulations
5.3 Market Trends
5.3.1 Cloud Technology
5.3.2 Rising Artificial Intelligence Technology
5.3.3 Surge in Adoption of Internet of Things (IoT)
5.3.4 Growing Influence of Social Media
5.3.5 Introduction of Innovative Small Household Appliances

6. Competitive Landscape

6.1 The US Small Household Appliances Market Players: A Financial Comparison
6.2 The US Small Household Appliances Market Players’ by Research & Development Expenditure

7. Company Profiles

7.1 Samsung Group (Samsung Electronics)
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Haier (Haier Smart Home Co. Ltd.)
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 LG Corp. (LG Electronics)
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 Panasonic Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures

Figure 1: Traditional Classification of Household Appliances
Figure 2: Testing & Certification of Household Appliances
Figure 3: Benefits of Small Household Appliances
Figure 4: Small Household Appliances Segmentation
Figure 5: The US Small Household Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 6: The US Small Household Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 7: The US Small Household Appliances Market by Volume; 2020-2025 (Million Units)
Figure 8: The US Small Household Appliances Market by Category; 2020 (Percentage, %)
Figure 9: The US Small Household Appliances Market by Products; 2020 (Percentage, %)
Figure 10: The US Small Household Appliances Market Volume by Products; 2020 (Percentage, %)
Figure 11: The US Small Household Appliances Market by Distribution Channel; 2020 (Percentage, %)
Figure 12: The US Home Environment Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 13: The US Home Environment Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 14: The US Cooking Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 15: The US Cooking Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 16: The US Food Preparation Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 17: The US Food Preparation Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 18: The US Personal Care Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 19: The US Personal Care Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 20: The US Vacuum Cleaners Market by Value; 2016-2020 (US$ Billion)
Figure 21: The US Vacuum Cleaners Market by Value; 2021-2025 (US$ Billion)
Figure 22: The US Vacuum Cleaners Market by Volume; 2020-2025 (Million Units)
Figure 23: The US Small Kitchen Appliances Market by Value; 2016-2020 (US$ Billion)
Figure 24: The US Small Kitchen Appliances Market by Value; 2021-2025 (US$ Billion)
Figure 25: The US Small Kitchen Appliances Market by Volume; 2020-2025 (Million Units)
Figure 26: The US Grills & Roasters Market by Value; 2016-2020 (US$ Billion)
Figure 27: The US Grills & Roasters Market by Value; 2021-2025 (US$ Billion)
Figure 28: The US Grills & Roasters Market by Volume; 2020-2025 (Million Units)
Figure 29: The US Coffee Machines Market by Value; 2016-2020 (US$ Billion)
Figure 30: The US Coffee Machines Market by Value; 2021-2025 (US$ Billion)
Figure 31: The US Coffee Machines Market by Volume; 2020-2025 (Million Units)
Figure 32: The US Microwave Ovens Market by Value; 2016-2020 (US$ Billion)
Figure 33: The US Microwave Ovens Market by Value; 2021-2025 (US$ Billion)
Figure 34: The US Microwave Ovens Market by Volume; 2020-2025 (Million Units)
Figure 35: The US Electric Iron Market by Value; 2016-2020 (US$ Million)
Figure 36: The US Electric Iron Market by Value; 2021-2025 (US$ Billion)
Figure 37: The US Electric Iron Market by Volume; 2020-2025 (Million Units)
Figure 38: The US Toasters Market by Value; 2016-2020 (US$ Million)
Figure 39: The US Toasters Market by Value; 2021-2025 (US$ Million)
Figure 40: The US Toasters Market by Volume; 2020-2025 (Million Units)
Figure 41: The US Hair Dryers Market by Value; 2016-2020 (US$ Million)
Figure 42: The US Hair Dryers Market by Value; 2021-2025 (US$ Million)
Figure 43: The US Hair Dryers Market by Volume; 2020-2025 (Million Units)
Figure 44: The US Electric Kettles Market by Value; 2016-2020 (US$ Million)
Figure 45: The US Electric Kettles Market by Value; 2021-2025 (US$ Million)
Figure 46: The US Electric Kettles Market by Volume; 2020-2025 (Million Units)
Figure 47: The US Hair Clippers Market by Value; 2016-2020 (US$ Million)
Figure 48: The US Hair Clippers Market by Value; 2021-2025 (US$ Million)
Figure 49: The US Hair Clippers Market by Volume; 2020-2025 (Million Units)
Figure 50: The US Online Small Household Appliances Sales by Value; 2016-2020 (US$ Billion)
Figure 51: The US Online Small Household Appliances Sales by Value; 2021-2025 (US$ Billion)
Figure 52: The US Other Platform Small Household Appliances Sales by Value; 2016-2020 (US$ Billion)
Figure 53: The US Other Platform Small Household Appliances Sales by Value; 2021-2025 (US$ Billion)
Figure 54: The US Online Purchasing Receipt, (2020)
Figure 55: The US Store Purchasing Receipt, (2020)
Figure 56: The US Total Retail Purchasing Receipt, (2020)
Figure 57: The US Number of Single-Person Households; 2013-2020 (Million)
Figure 58: The US Disposable Personal Income; 2015-2019 (US$ Trillion)
Figure 59: The US Urban Population; 2015-2020 (Percentage, %)
Figure 60: The US Number of Smart Home; 2019-2023 (Million)
Figure 61: The US Millennial Population; 2016-2036 (Million)
Figure 62: The US Retail E-commerce Sales; 2018-2024 (US$ Billion)
Figure 63: The US Cloud Computing Market by Value; 2020-2024 (US$ Billion)
Figure 64: The US Artificial Intelligence Market; 2020-2024 (US$ Billion)
Figure 65: The US Internet of Things (IoT) Market; 2020-2024 (US$ Billion)
Figure 66: The US Social Network Users; 2018-2023 (Million)
Figure 67: The US Small Household Appliances Market Players by Research & Development Expenditure; 2019-2020 (US$ Million)
Figure 68: Samsung Electronics Revenue; 2016-2020 (US$ Billion)
Figure 69: Samsung Electronics Revenue by Segments; 2020 (Percentage, %)
Figure 70: Samsung Electronics Revenue by Region; 2020 (Percentage, %)
Figure 71: Haier Smart Home Co. Ltd. Operating Revenue; 2016-2020 (US$ Billion)
Figure 72: Haier Smart Home Co. Ltd. Operating Revenue by Segments; 2020 (Percentage, %)
Figure 73: Haier Smart Home Co. Ltd. Operating Revenue by Region; 2020 (Percentage, %)
Figure 74: LG Electronics Net Sales; 2016-2020 (US$ Billion)
Figure 75: LG Electronics Net Sales by Segment; 2020 (Percentage, %)
Figure 76: LG Electronics Net Sales by Region; 2020 (Percentage, %)
Figure 77: Panasonic Corporation Net Sales; 2016-2020 (US$ Billion)
Figure 78: Panasonic Corporation Net Sales by Segment; 2020 (Percentage, %)
Figure 79: Panasonic Corporation Net Sales by Region; 2020 (Percentage, %)
Table 1: The US Small Household Appliances Market Players: A Financial Comparison; 2020

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • LG Corp. (LG Electronics)
  • Panasonic Corporation
  • MORE

There are different types of household appliances like home environment appliances, kitchen appliances, personal care appliances and many other. The kitchen appliances accomplish some routine housekeeping tasks, such as cooking, food preservation and cleaning.

The household appliances also have a major role in the stylish appearance of any home decor. Some of the major appliances used in every household include refrigerators, mixer grinder, gas stove, pressure cooker, television, air conditioner, music players, home theatre, digital players, ceiling fan, air purifier, vacuum cleaners, iron boxes, water purifier, water heater, digital clocks, etc.

The US small household appliances market has surged at a progressive rate over the years and the market is further expected to propel during the forecasted years 2021 to 2025.

The market would surge owing to different growth drivers like growing number of single person households, rise in disposable income, surging urban population, growth in number of smart homes, rising millennial population, surging online sales of small household appliances, surging smart sensors demand, rising demand for energy optimization, etc.

However, the market faces some challenges which are hampering its growth. Some of the major challenges faced by the industry are: increased tariffs on raw materials, rising privacy threats, and changing regulations Whereas, the market growth would be further supported by various market trends like cloud technology, rising artificial intelligence technology, surging adoption of Internet of Things (IoT), growing influence of social media, and introduction of innovative small household appliances.

Note: Product cover images may vary from those shown
  • Samsung Group (Samsung Electronics)
  • Panasonic Corporation
  • Haier (Haier Smart Home Co. Ltd.)
  • LG Corp. (LG Electronics)
Note: Product cover images may vary from those shown

The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.

The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.

The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.

The background information, related to industry statistics, is provided by the author's proprietary databases.

The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.

The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.

 

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