Updated Feb 16, 2023 11:17

Cash Register Market in the United States

Market Overview
The U.S. cash register market soared to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw perceptible growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

In value terms, cash register production shrank to $ in . Over the period under review, production continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2011 when the production volume increased by %. Cash register production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.


Consumption
In , consumption of cash registers increased by % to units, rising for the fifth year in a row after two years of decline. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.

The value of the cash register market in the United States skyrocketed to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a moderate expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.


Market Forecast
The cash register market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.


Trade Balance
The United States remains a net importer of cash register; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.