Growing number of one-person households / Growth in the number of smart homes / Explosion in online sales / Growing demand for energy optimization

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DUBLIN, 25 August 2021 / PRNewswire / – The report “The US Small Home Appliance Market: Size and Forecast with Impact Analysis of COVID-19 (2021-2025 Edition)” has been added to ResearchAndMarkets.com offer.

This report provides an in-depth analysis of United States’ small home appliance market, with a description of the market size and growth.

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

The US small home appliance market has jumped at a gradual pace over the years and the market is expected to further propel itself in the forecast years from 2021 to 2025.

The market would increase due to different growth drivers such as increasing number of one-person households, increasing disposable income, increasing urban population, growing number of smart homes, increasing the millennial population, the increase in online sales of small household appliances, the increase in demand for smart sensors, the growing demand for energy optimization, etc.

However, the market faces challenges that are hampering its growth. Some of the main challenges facing the industry are: increasing tariffs on raw materials, increasing threats to privacy and changing regulations Considering that the growth of the market would be further supported by various market trends. market such as cloud technology, the increase in artificial intelligence technology, the increasing adoption of the Internet. of objects (IoT), the growing influence of social media and the introduction of innovative small household appliances.

Moreover, the report assesses the key opportunities in the market and describes the factors which are and are said to be driving the growth of the industry. The growth of the overall US small appliance market has also been forecast for the years 2021-2025, taking into account previous growth patterns, growth drivers and current and future trends.

Some of the major players operating in the US small appliance market are Samsung Group (Samsung Electronics), Panasonic Corporation, Haier (Haier Smart Home Co. Ltd.) and LG Corp. (LG Electronics), whose company profiling was carried out. in the report. In addition, in this segment of the report, a business overview, financial overview and the business strategies of the respective companies are also provided.

Main topics covered:

1. Summary

2. Presentation

2.1 Household appliances: an overview
2.2 Testing and certification of household appliances
2.3 Small appliances: an overview
2.4 Segmentation of small household appliances

3. Analysis of the American market

3.1 The U.S. Small Home Appliance Market: An Analysis
3.1.1 The US Small Home Appliance Market by Value
3.1.2 The US Small Home Appliance Market by Volume
3.1.3 The US Small Home Appliance Market by Category (Kitchen, Home Environment, Food Preparation, and Personal Care)
3.1.4 The United States Small Home Appliance Market by Product (Small Kitchen Appliances, Vacuums, Grills and Roasters, Coffee Machines, Microwaves, Irons, Hair Clippers, Toasters, Hair Dryers, and electric kettles)
3.1.5 The US Small Home Appliance Market Volume by Product (Small Kitchen Appliances, Grills and Roasters, Vacuums, Coffee Machines, Hair Clippers, Hair Dryers, Toasters, Irons, Microwave Ovens electric waves and kettles)
3.1.6 US Small Home Appliance Market by Distribution Channel (Online and Other)
3.2 The United States Small Home Appliance Market: Analysis by Category
3.2.1 The US Household Appliances Market by Value
3.2.2 The US Cooking Appliance Market by Value
3.2.3 The US Food Preparation Equipment Market by Value
3.2.4 The US Personal Care Device Market by Value
3.3 The United States Small Home Appliance Market: Product Analysis
3.3.1 The U.S. Vacuum Cleaner Market
3.3.2 The US Small Kitchen Appliance Market
3.3.3 The U.S. Grill and Rotisserie Market
3.3.4 The US Coffee Machine Market
3.3.5 The United States Microwave Oven Market
3.3.6 The US Electric Iron Market
3.3.7 The U.S. Toaster Market
3.3.8 The US Hair Dryer Market
3.3.9 The U.S. Electric Kettle Market
3.3.10 The US Hair Clipper Market
3.4 The United States Small Home Appliance Market: Distribution Channel Analysis
3.4.1 United States Online Small Home Appliance Sales by Value
3.4.2 US Other Platforms Sales of Small Home Appliances 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 in-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 one-person households
5.1.2 Increase in disposable income
5.1.3 Increase in urban population
5.1.4 Growth in the number of smart homes
5.1.5 Millennial population on the rise
5.1.6 Online Sales of Small Home Appliances Rise
5.1.7 Growing demand for smart sensors
5.1.8 Growing demand for energy optimization
5.2 challenges
5.2.1 Increase in tariffs on raw materials
5.2.2 Growing threats to privacy
5.2.3 Modification of the regulations
5.3 Market trends
5.3.1 Cloud Technology
5.3.2 Artificial intelligence technology on the rise
5.3.3 Accelerating Internet of Things (IoT) Adoption
5.3.4 Growing Influence of Social Media
5.3.5 Introduction of innovative small household appliances

6. Competitive landscape

6.1 The players in the US small household appliance market: a financial comparison
6.2 U.S. Small Home Appliance Market Players by Research and Development Expenditure

7. Company profiles

  • Samsung Group (Samsung Electronics)
  • Panasonic Corporation
  • Haier (Haier Smart Home Co. Ltd.)
  • LG Corp. (LG Electronics)

For more information on this report, visit https://www.researchandmarkets.com/r/y1xb92

Media contact:

Research and markets
Laura Wood, senior
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