Category Archives: Appliances

Appliance and Electronics Stores

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Today’s market size is the sales volume of appliance, TV, and electronics stores in the United States in 2013. Sales through these stores grew 26% from 2000 to 2013. However, as is often the case with a single measure, that single statistic does not tell the full story. Sales peaked in 2007 and between then and 2013 they declined by 15%. When one takes inflation out of the mix, the picture changes further yet. In inflation-adjusted dollars, sales from 2000 to 2013 actually fell by 5% and between 2007 and 2013 they fell by 23%. The trend is clear in the graph we provide which shows sales annually in inflation-adjusted, constant 2013 dollars.

Geographic reference: United States
Year: 2013
Market size: $73.29 billion
Source: “Estimated Annual Sales of U.S. Retail and Food Services Firms by Kind of Business: 1992 Through 2012,” Annual Retail Trade Survey 2012, U.S. Census Bureau, March 31, 2014, available online here. “Retail and Food Service Sales,” January 2014 Monthly Retail Trade and Food Service Report, U.S. Census Bureau, March 13, 2014, available online at the same site linked to above. Constant 2013 dollars were calculated using “Table 1.1.9. Implicit Price Deflators for Gross Domestic Product,” part of the National Income and Products Accounts Tables produced by the Bureau of Economic Analysis and available online here.
Original source: U.S. Department of Commerce, Bureau of the Census and Bureau of Economic Analysis
Posted on April 4, 2014

Bottom-Mounted Freezer Refrigerators

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Trends in refrigerator design do not change in significant ways very often. Most changes in recent years have been related to the energy efficiency of these appliances. But one very visible design change that has become popular in the last half decade is the placement of the freezer section below the refrigerator section of the machine. These newly designed refrigerators are called bottom-mounted freezer style refrigerators. Many of these machines, though not all, use a large pull out drawer to hold the freezer section instead of a compartment entered through a simple door.

Today’s market size is an estimated size of this market for bottom-mounted freezer refrigerators in North America.

Geographic reference: North America
Year: 2010
Market size: $3 billion
Source: “UPDATE: Whirlpool Petitions US for Trade Probe on Samsung, LG,” ADVFN, March 30, 2011, available online here.
Original source: Dow Jones News and Whirlpool Corp.
Posted on October 6, 2011

Appliances

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This market size, presented for 2007 and 2010, clearly shows the impact that the recession which began in December of 2007 has had on the worldwide sale of household appliances. The market sizes listed here include retail sales of refrigerators, other than compact refrigerators; freezers; dishwashers; ovens; ranges; range hoods; cooktops; washers and dryers.

Geographic reference: World
Year: 2007 and 2010
Market size: $14.2 and $13.1 billion respectively
Source: Hagerty, James R. and Sven Grundberg, “Whirlpool and Electrolux Post Weak Results, Face Price Pressures,” The Wall Street Journal, February 3, 2011, page B6.
Original source: NPD Group

Refrigerators in Homes

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The market size referred to in this post is the number of refrigerators that were in place in residential housing units in the United States in 2009. While the source does not specify that this is the number of full sized and primary refrigerators per residence, it would seem that that must be the case, since we all know somebody with an old refrigerator (or two) in the basement…

Geographic reference: United States
Year: 2009
Market size: 126,534,000
Source: “Housing Units—Characteristics by Tenure and Region: 2009,”
Statistical Abstract of the United States: 2011, Table 983, U.S. Census Bureau, page 616, available online here.
Original source: U.S. Department of Commerce, Bureau of the Census.