NAICS 3352 - Household Appliance Manufacturing
This industry comprises establishments primarily engaged in manufacturing small electric appliances and electric housewares, household-type fans, household-type vacuum cleaners, and other electric household-type floor care machines.
Industry trends:
The Household Appliance Manufacturing industry (NAICS 3352) has been experiencing several noteworthy qualitative trends recently. A significant trend is the increasing consumer demand for energy-efficient and environmentally friendly appliances. This shift is driven by rising environmental consciousness and stricter government regulations on energy consumption and emissions.
Another trend is the rapid integration of smart technology in household appliances. Consumers are increasingly seeking devices that offer connectivity, remote control through mobile apps, and integration with home automation systems. This has been particularly evident in smart refrigerators and washing machines that allow for better energy management and convenience.
Customization and aesthetic appeal are also gaining importance, with manufacturers offering a wider range of design options and finishes to cater to diverse consumer tastes. This trend is partly driven by the consumer desire for products that align with their home decor and personal style.
In the near future, these trends are expected to continue, with an intensified focus on sustainability and smart technology. The market for energy-efficient and eco-friendly appliances is likely to expand as consumers and regulators alike push for greener solutions. Additionally, advancements in artificial intelligence and the Internet of Things (IoT) will further enhance the functionality and appeal of smart appliances, shaping the market's trajectory.
This industry is comprised of:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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