Household Laundry Equipment Market Overview in the USA
In value terms, household laundry equipment production rose slightly to $ in 2018. The total output value increased at an average annual rate of +% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by % y-o-y. Over the period under review, production attained the peak level in 2018 and is likely to continue growth in the near future.
The size of the household laundry equipment market in the U.S. soared to $ in 2018, jumping 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 enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.