U.S. Home Appliances Market Size & Outlook, 2024-2030

The home appliances market in the United States is expected to reach a projected revenue of US$ 123,335.5 million by 2030. A compound annual growth rate of 3.8% is expected of the United States home appliances market from 2025 to 2030.
Revenue, 2024 (US$M)
$99,346.0
Forecast, 2030 (US$M)
$123,335.5
CAGR, 2025 - 2030
3.8%
Report Coverage
U.S.

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U.S. home appliances market, 2018-2030 (US$M)

U.S. home appliances market, 2018-2030 (US$M)

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U.S. home appliances market highlights

  • The U.S. home appliances market generated a revenue of USD 99,346.0 million in 2024 and is expected to reach USD 123,335.5 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 3.8% from 2025 to 2030.
  • In terms of segment, major appliances was the largest revenue generating product in 2024.
  • Small Appliances is the most lucrative product segment registering the fastest growth during the forecast period.

Home appliances market data book summary

Market revenue in 2024USD 99,346.0 million
Market revenue in 2030USD 123,335.5 million
Growth rate3.8% (CAGR from 2025 to 2030)
Largest segmentMajor appliances
Fastest growing segmentSmall Appliances
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Appliances, Major Appliances
Key market players worldwideKoninklijke Philips NV, Haier Smart Home Co Ltd ADR, B. Braun Medical, Hamilton Lane Inc Class A, Whirlpool Corp, Hamilton Beach Brands Holding Co Class A, Spectrum Brands Holdings Inc, Brother Industries Ltd, Tiger Brands Ltd, BPL Group, Meyer, Zojirushi, SEB SA, Blendtec

Other key industry trends

  • In terms of revenue, U.S. accounted for 19.7% of the global home appliances market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. home appliances market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 9,920.1 million by 2030.

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Home Appliances Market Companies

Name Profile # Employees HQ Website
SEB SA View profile 31000 112, Chemin du Moulin Carron, Campus SEB, Ecully, France, 69130 https://www.groupeseb.com
Blendtec View profile 501-1000 Orem, Utah, United States, North America http://www.blendtec.com/
Zojirushi View profile 1001-5000 Osaka, Osaka, Japan, Asia https://www.zojirushi.co.jp
BPL Group View profile 251-500 Palakkad, Kerala, India, Asia http://www.bpl.in
Hamilton Beach Brands Holding Co Class A View profile 700 4421 Waterfront Drive, Glen Allen, VA, United States, 23060 https://www.hamiltonbeachbrands.com
Tiger Brands Ltd View profile 10323 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 https://www.tigerbrands.com
Brother Industries Ltd View profile 44925 15-1, Naeshiro-cho, Mizuho-ku, Nagoya, Japan, 467-8561 http://www.brother.com
Meyer View profile 1001-5000 Vallejo, California, United States, North America https://meyerus.com/
Whirlpool Corp View profile 59000 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 https://www.whirlpoolcorp.com
Haier Smart Home Co Ltd ADR View profile 112458 Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 https://smart-home.haier.com/cn
B. Braun Medical View profile 10001+ Bethlehem, Pennsylvania, United States, North America http://www.bbraunusa.com
Spectrum Brands Holdings Inc View profile 3100 3001 Deming Way, Middleton, WI, United States, 53562 https://www.spectrumbrands.com
Hamilton Lane Inc Class A View profile 600 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 https://www.hamiltonlane.com
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com

U.S. home appliances market size, by product, 2018-2030 (US$M)

U.S. Home Appliances Market Outlook Share, 2024 & 2030 (US$M)

U.S. home appliances market size, by product, 2018-2030 (US$M)

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