Household Laundry Equipment Market Overview in the USA
In value terms, household laundry equipment production totaled $ in 2018. The total output value increased at an average annual rate of +% from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. Over the period under review, household laundry equipment production reached its maximum level in 2018 and is likely to see gradual growth in the immediate term.
The revenue of the household laundry equipment market in the U.S. amounted to $ in 2018, increasing 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). The market value increased at an average annual rate of +% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2018 when the market value increased by % against the previous year. In that year, the household laundry equipment market attained its peak level and is likely to continue its growth in the immediate term.