The US kitchen appliances market is anticipated to grow with a considerable CAGR of 6.0% during the forecast period (2020-2026). The growth of the market across the region is attributed to the easy availability of the most advanced featured products coupled with the high disposable income of people. The strong presence of market players and high brand awareness is also expected to significantly foster the growth of the market. In addition to this, the rising number of compact-sized apartments in the country along with the hectic lifestyle is aiding the increasing adoption of small-sized portable and multifunctional kitchen appliances, aiding the growing market shares. Moreover, the replacement of traditional kitchen appliances across the country will also provide momentum to the growth of the market during the forecast period.
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Furthermore, the strong framework of offline stores such as supermarkets and specialty stores as well as high penetration of online stores and e-commerce websites will also encourage the consumers to spend more on various kitchen appliances thereby aiding the market growth. E-commerce is gaining a significant market share in the country for retail distribution. Some of the major e-commerce companies include Amazon.com, eBay, Walmart, among others, offering a wide range of kitchen appliances with various discounts and reducing supply chain hurdles.
Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
Countries Covered-
- US
Segment Covered-
- By Product Type
- By Application
- By Distribution Channel
- Competitive Landscape- Robert Bosch GmbH, LG Electronics Inc., Miele & Cie. KG, Whirlpool Corp., Dyson Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Recovery Timeline
- Deviation from the pre-COVID-19 forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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A full Report of US Kitchen Appliances Market is Available at: https://www.omrglobal.com/industry-reports/us-kitchen-appliances-market
US Kitchen Appliances Market Report Segment
By Product Type
- Refrigerators
- Microwave
- Mixer & Juicer and Food Processors
- Stove & Hobs
- Dishwasher
- Water Purifier
- Coffee Machines
- Other
By Application
- Residential
- Commercial
By Distribution Channel
- Online Channel
- Offline Channel
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
