Market Size of United States Large Kitchen Appliances Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Large Kitchen Appliances Market Analysis
E-commerce is gaining importance in the current market scenario, as people are preferring to purchase these home appliances online with an assured guarantee from the online players. Smart large kitchen appliances are being increasingly preferred due to the expansive availability of the internet and smart home devices that can be controlled by voice and command. Among the product types in large kitchen appliances, freezers are expected to grow the highest during the forecast period given the current pandemic situation which is also driving the growth since people are stocking up on essentials.Online retail is expected to grow the fastest since customers are more attracted to home delivery, lower prices, and better deals. Changing and continuously evolving consumer buying patterns, including an increase in the percentage of consumers who are purchasing houseware online, create both opportunities and uncertainty for the growth prospects within the large appliance category, as well as for all the individual retailers and several industry participants.
