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2025 U.S. Industry Statistics & Market Forecast - Household Appliance Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Household Appliance Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Household Appliance Manufacturing industry include:- Increased consumer demand for energy-efficient appliances
- Smart home integration and IoT connectivity
- Shift towards eco-friendly and sustainable materials
- Growth in adoption of AI and automation in manufacturing processes
- Expansion of after-sales services and connected subscriptions
- Rising popularity of minimalist and multifunctional designs
- Enhanced focus on health and wellness features
- Supply chain disruptions and raw material price volatility
- Regional diversification to mitigate geopolitical risks
- Increase in direct-to-consumer sales through e-commerce platforms
- Growing influence of consumer reviews and social media marketing
- Impact of global economic fluctuations on consumer spending patterns
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Household Appliance Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Household Appliance Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Household Appliance Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Business and Financial Operations Occupations | 7% | |||
| Business Operations Specialists | 6% | |||
| Architecture and Engineering Occupations | 7% | |||
| Office and Administrative Support Occupations | 9% | |||
| Production Occupations | 47% | |||
| Assemblers and Fabricators | 27% | |||
| Miscellaneous Assemblers and Fabricators | 22% | |||
| Metal Workers and Plastic Workers | 10% | |||
| Other Production Occupations | 7% | |||
| Transportation and Material Moving Occupations | 10% | |||
| Material Moving Workers | 9% | |||
| Laborers and Material Movers | 6% | |||
Household Appliance Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Household Appliance Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Household Appliance Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Household Appliance Manufacturing industry. |
Source:
Latest Industry News
- AI-driven lifecycle management for end-of-life household appliances - Household appliances need to be refurbished and/or recycled at the end of their useful lives. The KIKERP project (see below) aims to harness artificial intelligence to collect information about used appliances and determine parameters such as model and condition to help decide whether a particular device should be refurbished or recycled. (07/01/2025)
- Why GE Appliances says it's ready to bring 800 jobs back to the U.S. - GE Applicances joins the list of companies investing in U.S. manufacturing in new tariff environment under President Trump. (06/30/2025)
- GE Appliances moving China manufacturing to Louisville, creating 800 jobs - GE APPLIANCES WILL INVEST $490 MILLION INTO APPLIANCE PARK. IT’S THE LARGEST INVESTMENT IN THE COMPANY’S HISTORY BEATING THE $450 MILLION PUT INTO THE APPLIANCE PARK BACK IN 2021. THIS MOVE WILL ALSO BRING MORE THAN 800 JOBS TO LOUISVILLE. (06/27/2025)
- GE Appliances to Reshore Washing-Machine Manufacturing From China - GE Appliances said it will spend nearly $500 million to shift production of washing machines from China to its home base in Louisville, Ky., a move that would create 800 jobs. The manufacturer, owned by China-based Haier Smart Home, (06/26/2025)
- GE Appliances moves some production from China to Kentucky with $490M investment - GE Appliances has announced a nearly half-billion-dollar project that will create 800 jobs and shift production of clothes washers from China to its manufacturing complex in Kentucky (06/26/2025)
- Higher US tariffs hit home appliances manufacturers - As of Monday, the US has classified a range of home appliances, including refrigerators and washing machines, as steel- and aluminum-derived products and has begun imposing item-specific tariffs, the (Republic of) Korea Customs Service said on Wednesday, as reported by Chosun Biz. (06/26/2025)
- Haier Smart Home Releases 2024 Global ESG Report: Advancing Sustainable Innovation and Inclusive Growth - Haier Smart Home, a global leader in smart home solutions, recently published its 2024 Global ESG Report, underscoring its deep, (05/22/2025)
- India curbs cheap Chinese imports of electrical appliances with aim to boost local manufacturing & safety standards - India is tightening import regulations on household appliances and electronics from China following the discovery of substandard products. The new ord (05/21/2025)
- DPIIT Extends Quality Control Order Deadline for Electrical Appliances to March 2026 - The Ministry has been simultaneously building testing infrastructure, formulating detailed product manuals, and accrediting testing laboratories to ensure the smooth implementation of QCOs and avoid potential supply chain disruptions. (05/20/2025)
- Govt extends implementation timeline for quality order on electrical appliances till March 2026 - The government has extended the implementation deadline for the mandatory quality control order (QCO) on specific electrical appliances to March 2026, following consultations with stakeholders. This decision aims to facilitate ease of doing business, (05/20/2025)
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