Southern region acquired the largest revenue share in the United States kitchen appliances market - 6Wresearch.
United States kitchen appliances market would see significant rise in the coming years, owing to rise in sales of new houses, disposable income, technological innovations and improving lifestyle of people in the country. Moreover, the need for a better lifestyle and more convenience has given rise to the demand for smart products. With growing digitalization, consumers have robust knowledge regarding the usage and benefits of all modern kitchen appliances. Manufacturers, now-a-days, are focusing on expanding their product lines and developing innovative products with the help of latest advances in technology so as to attain a competitive advantage over their counterparts and to enhance their consumer base, that would bolster the demand for kitchen appliances in the coming years.
According to 6Wresearch, the United States Kitchen Appliances Market size is projected to grow at a CAGR of 2.9% in terms of revenue during 2021-2027. There is a rapid rise in consumer’s interest in smart kitchen appliances due to which the demand for connected appliances is continuing to gain more popularity. Due to this demand, more manufacturers have started offering smart and connected appliances to attract customers from conventional products. The players in the country dealing in kitchen appliances are concentrating more on designing innovative and user-friendly products to provide better consumer experience. Along with this, the growing interest in remodelling the kitchen, due to changing interest, would be another key driver for the growth of kitchen appliances market in the country.
According to Akshay Kumar, Research Analyst, 6Wresearch, “Refrigerator held the largest revenue share and water purifier held the largest volume share in the United States kitchen appliances market in 2020 as more than 90% of households own refrigerator and the need for upgradation is the most important factor driving the market in the country. However, the outbreak of COVID-19 pandemic and the subsequent imposition of lockdown led to closure of manufacturing facility of leading OEMs in the US and China which impacted production of kitchen appliances negatively. Even though there was a demand for kitchen appliances from users, manufacturers could not supply the adequate amount of products in 2020. ”
According to Smit Kumar, Research Associate, 6Wresearch, “The southern region of the United States held the largest revenue share in the United States kitchen appliances market owing to high population and rising sales of new houses. Moreover, kitchen remodeling is also more prominent in the southern region of the United States than other regions. Further, commercial infrastructure of food service industry is expected to increase which in turn would drive the growth of the kitchen appliances market in the southern region of the United States.”
“United States Kitchen Appliances Market (2021-2027)” report provides an in-depth analysis with 71 figures and 28 tables, covered in 187 pages. The report estimates and forecasts the overall United States kitchen appliances market by types and regions. The report provides an unbiased and detailed analysis of the on-going opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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