U.S. Household Laundry Equipment Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
U.S. Household Laundry Equipment Imports Grew Steadily from 2007 to 2015, with China Becoming the Leading Supplier in the Recent Years
Photo: © AndreyPopov / Bigstockphoto
The U.S. prevails in global imports of household laundry equipment, with a X% share (based on USD). It was distantly followed by Germany (X%), the UK (X%) and Japan (X%). In 2015, U.S. household laundry equipment imports totaled X million USD, which was X million USD (X%) more than the year before.
From 2007 to 2015, U.S. household laundry equipment imports showed steady growth, except only the outstanding peak of 2010, after which the gradual upward trend continued. There was an annual increase of +X% throughout the analysed period.
Despite an economic turbulence in 2009, there was no decline of imports in value terms caused by the financial crisis. In 2015, U.S. household laundry equipment imports reached the peak level over the period under review.
The U.S. continues to be one of the biggest markets for global exporters, due to steadily growing import dynamics and strong recovery of housing starts. China was the main supplier of household laundry equipment into the U.S., with a X% share of total U.S. imports in 2015. It was distantly followed by Mexico (X%), Korea (X%) and Germany (X%). Moreover, China (+X% per year) and Mexico (+X% per year) were the fastest growing suppliers from 2007 to 2015. China significantly strengthened its position in U.S. imports, from X% in 2007 to X% in 2015. Mexico increased its share from X% to X% over this period. By contrast, Germany saw its share reduced dramatically from X% to X%.
From 2007 to 2015, the U.S. was a net importer of household laundry equipment. Moreover, imports grew faster than exports on average over the period under review. Following outpacing import growth, the U.S. trade deficit in this sector increased, growing steadily from X million USD in 2007 to X million USD in 2014.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the household laundry equipment market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Animal Feed Market - Global Outlook & Insights
Join our live webinar to get insights into the global animal feed market.
Thursday, December 10th, 2020 @ 10:00 am ET