Household Cooking Appliance Market Overview in the USA
In value terms, household cooking appliance production stood at $ in 2018. In general, household cooking appliance production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of % y-o-y. Household cooking appliance production peaked at $ in 2013; however, from 2014 to 2018, production remained at a lower figure.
The revenue of the household cooking appliance market in the U.S. amounted to $ in 2018, growing 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). Overall, the total market indicated resilient growth from 2013 to 2018: its value increased at an average annual rate of +% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, household cooking appliance consumption increased by +% against 2013 indices. The pace of growth appeared the most rapid in 2014 when the market value increased by % y-o-y. Household cooking appliance consumption peaked in 2018 and is likely to see steady growth in the immediate term.