2024 U.S. Industry Statistics & Market Forecast - Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers

Published: April 2024

Industry Insights

The Electrical & Electronic Appliance, Television & Radio Set Merchant Wholesalers industry is undergoing significant changes due to changing consumer preferences and rapid technological advancements. Some key trends influencing the industry include the shift toward energy-efficient products, increased demand for smart home appliances, the rising popularity of voice-activated technologies, and increasing adoption of wireless and mobile devices.

Energy efficiency is becoming a key factor for consumers while choosing electronic appliances, leading to increased demand for energy-saving products. This includes Energy Star-certified appliances, LED lighting solutions, and smart thermostats.

The emergence of the Internet of Things (IoT) has led to an increase in the demand for smart home appliances. These appliances are connected to the internet, allowing homeowners to control and monitor their home’s systems remotely.

Voice-activated technologies also continue to gain traction in the marketplace. Personal assistant devices like Amazon’s Alexa and Google Home are changing the way consumers interact with their home appliances.

Wireless technology and the proliferation of mobile devices such as smartphones and tablets are driving the need for Wi-Fi-enabled consumer electronics. This trend is set to continue, with the development of 5G technology.

In summary, the Electrical & Electronic Appliance, Television & Radio Set Merchant Wholesalers industry is experiencing a rapid transformation thanks to technological innovation. Companies in the industry need to adapt to these trends to remain competitive.

Product & Services Breakdown

Research products and services in the Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description	Number of Companies	Sales ($ millions)	Percent of Total Sales
Industry Total
Photographic Equipment And Supplies
New Computer Equipment
Electrical Apparatus And Equipment
Electric Motors And Generators, Including Motor-Generator Sets, Excluding Parts And Supplies
Interior Wiring, Excluding Conduit
Other Electrical Apparatus And Equipment, Including Alarm Systems, Fuses, And Lightning Rods
Electric And Gas Household Appliances, Excluding Plumbing
Televisions
Audio Equipment, Including Radios, Stereos, CD Players, And Speakers
DVD Players, Vcrs, And Video Cameras
Electric Household Ranges And Ovens
Household Refrigerators And Freezers
Electric And Gas Household Washing Machines And Dryers
Household Vacuum Cleaners And Sewing Machines
Other Small Electric Household Appliances
Car Stereos, Tape Players, And CD Players
Gas Household Ranges And Ovens
Dishwashers
Electronic Parts And Equipment, Excluding Communications Equipment
Other Electronic Parts And Equipment
Communications Equipment And Supplies
Telephones, Including Wireless Phones
Other Communications Equipment
Forced-Air Heating And Air-Conditioning Equipment And Supplies
Service Receipts And Labor Charges, Including Installed Parts
Parts Installed In Repair Work
Receipts For Service Contracts
Miscellaneous Commodities

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)
Total Revenue	Order at top of page
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

Source: AnythingResearch Analysis of U.S. federal statistics

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	10%	Order at top of page
Chief Executives	0%
General and Operations Managers	5%
Business and Financial Operations Occupations	7%
Business Operations Specialists	5%
Sales and Related Occupations	23%
Sales Representatives, Wholesale and Manufacturing	16%
Sales Representatives, Wholesale and Manufacturing	16%
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products	13%
Office and Administrative Support Occupations	16%
Installation, Maintenance, and Repair Occupations	11%
Production Occupations	6%
Transportation and Material Moving Occupations	20%
Motor Vehicle Operators	6%
Driver/Sales Workers and Truck Drivers	6%
Material Moving Workers	12%
Laborers and Material Movers	11%
Laborers and Freight, Stock, and Material Movers, Hand	6%

Source: Bureau of Labor Statistics

Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers 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 Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers 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 Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry.

Innovation News

• Apr 04, 2024: Sleepme patents Devices For Enhancing The Thermal Efficiency And Customizing The Shapes Of Cooling Or Heating Zones In A Bed
• Mar 28, 2024: DR Dabber patents Quick Connect Adapter And Electronic Vaporizer Having A Ceramic Heating Element Having A Quick Connect Adapter
• Mar 28, 2024: DR Dabber patents Quick Connect Adapter And Electronic Vaporizer Having A Ceramic Heating Element Having A Quick Connect Adapter
• Jan 28, 2024: Perfect Aire trademarks "PA PERFECT AIRE" - Furnaces; Air conditioners for vehicles; Air conditioning installations for vehicles; Air filters for vehicle cabins; Air purifiers; HVAC units; Energy recovery ventilators; Gas scrubbers and purification apparatus; Heat recovery ventilators; Mounting brackets adapted for window-mounted air conditioners; Range hoods; Roof fans; Vehicle climate-control system for heating, ventilation and air-conditioning; Vehicle-mounted air purifying apparatus; Ventilating exhaust fans; Ventilating exhaust fans for recreational vehicles; Window-mounted air conditioners
• Jan 28, 2024: Perfect Aire trademarks "PA PERFECT AIRE" - Furnaces; Air conditioners for vehicles; Air conditioning installations for vehicles; Air filters for vehicle cabins; Air purifiers; HVAC units; Energy recovery ventilators; Gas scrubbers and purification apparatus; Heat recovery ventilators; Mounting brackets adapted for window-mounted air conditioners; Range hoods; Roof fans; Vehicle climate-control system for heating, ventilation and air-conditioning; Vehicle-mounted air purifying apparatus; Ventilating fans for recreational vehicles; Ventilating exhaust fans; Window-mounted air conditioners
• Dec 01, 2023: RJ Brands trademarks "CHEF IQ" - Electric cooking pots; electric pressure cookers; electric slow cookers; electric rice cookers; electric sous-vide cookers
• Jan 24, 2022: Sleepme raises $10 million in funding.
• Jul 03, 2017: Sleepme raises $3 million in funding.

Recent Federal Contracts for Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers

• Mar 27, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $10,939
• Mar 13, 2024: LAUN-DRY SUPPLY COMPANY, INC. (El Paso, TX) awarded $11,810
• Mar 13, 2024: LODGING KIT COMPANY, INC (Boonville, NY) awarded $15,808
• Mar 04, 2024: KLM MIDDLE EAST GENERAL TRADING LLC (Dubai, DUBAI) awarded $83,500
• Feb 20, 2024: RED ORANGE NORTH AMERICA INC. (Fort Washington, PA) awarded $35,850
• Feb 08, 2024: DAETA INTERNATIONAL TRADING (Fairland, ) awarded $58,881