United States Small Household Appliances Market Report 2023: Growing Trend of Single Living Spurs Demand for Time-Saving Appliances
The US small household appliances market is expected to reach US$27.17 billion in 2023, growing at a CAGR of 5.02% during the forecast period.
- The US small household appliances market is expected to reach US$27.17 billion in 2023, growing at a CAGR of 5.02% during the forecast period.
- The US small household appliances market is fragmented with the presence of a large number of players majorly dominating worldwide.
- Small kitchen appliances accounted for highest share in the US small household appliances market, due to rise in demand from consumers, surging urban population, growing number of single person household, rising urge of consumers to learn new cooking skills, paved favorable conditions for the growth of small kitchen appliances market.
- By Distribution Channel: Further, the report splits the US small household appliances market into two distribution channel: Online and Other.