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2024 U.S. Industry Statistics & Market Forecast - Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
Market Size & Industry Statistics
The total U.S. industry market size for Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers:
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 | 2019 2020 2021 2022 2023 | |
|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry include:- Increased demand for smart and connected appliances
- Growth in e-commerce and direct-to-consumer sales channels
- Environmental sustainability and energy-efficient products
- Supply chain disruptions
- Impact of international trade policies and tariffs
- Expansion of private label brands
- Technological innovation and product upgrades
- Increased competition from manufacturers selling directly
- Consumer preference shifts towards high-end, multifunctional devices
- Market consolidation and mergers & acquisitions
- Rising raw material costs affecting pricing
- Enhanced focus on health and wellness features in products
- Growing importance of after-sales services and customer support
- Adoption of artificial intelligence and machine learning technologies
- Regulatory changes and compliance requirements
- Shift towards subscription and rental services
- Greater emphasis on recycling and circular economy practices in production
- Integration of voice control and other interactive technologies
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 |
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Photographic Equipment And Supplies |
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New Computer Equipment |
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Electrical Apparatus And Equipment |
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Electric Motors And Generators, Including Motor-Generator Sets, Excluding Parts And Supplies |
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Interior Wiring, Excluding Conduit |
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Other Electrical Apparatus And Equipment, Including Alarm Systems, Fuses, And Lightning Rods |
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Electric And Gas Household Appliances, Excluding Plumbing |
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Televisions |
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Audio Equipment, Including Radios, Stereos, CD Players, And Speakers |
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DVD Players, Vcrs, And Video Cameras |
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Electric Household Ranges And Ovens |
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Household Refrigerators And Freezers |
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Electric And Gas Household Washing Machines And Dryers |
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Household Vacuum Cleaners And Sewing Machines |
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Other Small Electric Household Appliances |
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Car Stereos, Tape Players, And CD Players |
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Gas Household Ranges And Ovens |
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Dishwashers |
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Electronic Parts And Equipment, Excluding Communications Equipment |
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Other Electronic Parts And Equipment |
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Communications Equipment And Supplies |
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Telephones, Including Wireless Phones |
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Other Communications Equipment |
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Forced-Air Heating And Air-Conditioning Equipment And Supplies |
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Service Receipts And Labor Charges, Including Installed Parts |
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Parts Installed In Repair Work |
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Receipts For Service Contracts |
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Miscellaneous Commodities |
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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 Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers 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 Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| 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 Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers 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 | 10% | Order at top of page |
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| 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% | |||
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. |
Source:
Innovation News
- May 16, 2024: Sleepme patents Stress Reduction And Sleep Promotion System
- May 16, 2024: Sleepme patents Stress Reduction And Sleep Promotion System
- Apr 04, 2024: Sleepme patents Devices For Enhancing The Thermal Efficiency And Customizing The Shapes Of Cooling Or Heating Zones In A Bed
- 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
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