NAICS 335228 - Other Major Household Appliance Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing electric and nonelectric major household-type appliances (except cooking equipment, refrigerators, upright and chest freezers, and household-type laundry equipment).
Industry trends:
NAICS 335228 pertains to the manufacturing of other major household appliances, such as ovens, microwaves, and vacuum cleaners. One of the latest qualitative trends in this industry is the rising consumer demand for smart and energy-efficient appliances. As smart home technology continues to penetrate the market, more consumers are looking for appliances that can be integrated seamlessly into their connected home ecosystems. This includes devices with Wi-Fi capabilities, voice control, and compatibility with home automation systems like Amazon Alexa and Google Home.
Sustainability is another crucial trend shaping the industry. Manufacturers are increasingly adopting eco-friendly materials and production methods. Energy-efficient appliances that reduce electricity consumption are highly favored, driven by both consumer preference and regulatory pressures. Innovations in materials and technology are also leading to more durable and recyclable products, aligning with global sustainability goals.
In terms of forecasts, the near future will likely see an acceleration in these trends, with a significant uptick in R&D investment geared towards smart technology and sustainability initiatives. The push towards decarbonization and the growing emphasis on the Internet of Things (IoT) will reshape product development strategies. The market is expected to witness robust growth, particularly in smart appliances, driven by consumer preference for convenience and energy savings.
This industry is comprised of:
Dishwashers, household-type, manufacturing
Dishwashing machines, household-type, manufacturing
Food waste disposal units, household-type, manufacturing
Garbage disposal units, household-type, manufacturing
Hot water heaters (including nonelectric), household-type, manufacturing
Trash and garbage compactors, household-type, manufacturing
Water heaters (including nonelectric), household-type, manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.