PROSPECTS AND OPPORTUNITIES
Recovery in the housing market likely to lift sales of small cooking appliances
Small cooking appliances in the US is expected to return to slow but accelerating retail volume growth over the course of the forecast period. The housing market is expected to move towards recovery from late 2024 as the US Federal Reserve lowers interest rates.
Smart feature applications evolving for small cooking appliances
Smart features on small cooking appliances are for the moment quite limited. However, as an innovation that can drive growth, smart applications are expected to expand for such appliances during the forecast period.
Brands likely to think creatively about their channel strategy
Online distribution channels are expected to continue to diversify as more brands turn to alternative forms of digital commerce to market their products. Social commerce, for example, is emerging as a powerful outlet for brands seeking to appeal to tech-savvy and trend-forward consumers via social media sites such as TikTok Shop.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Small Cooking Appliances industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Small Cooking Appliances in USA report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Small Cooking Appliances in USA?
- Which are the leading brands in USA?
- How are products distributed in USA?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Small Cooking Appliances in the US - Category analysis
KEY DATA FINDINGS
Little volume movement as consumers respond to inflationary pressures
Competition and price pressure seen in multi-use and smart appliances
Target’s partnership with bella and So Yummy targets a media-savvy audience
Recovery in the housing market likely to lift sales of small cooking appliances
Smart feature applications evolving for small cooking appliances
Brands likely to think creatively about their channel strategy
Consumer Appliances in the US - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Small Cooking Appliances
- Breadmakers
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- Espresso Coffee Machines
- Filter Coffee Machines
- Other Standard Coffee Machines
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- Hard Pods
- Soft Pods
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- Coffee Mills
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- Air Fryers
- Oil Based Fryers
- Electric Grills
- Electric Steamers
- Freestanding Hobs
- Kettles
- Rice Cookers
- Slow Cookers
- Other Small Cooking Appliances
Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Small Cooking Appliances research and analysis database.
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