U.S. Household Laundry Equipment Market. Analysis And Forecast to 2030
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View PricingHousehold Laundry Equipment Price in the United States - 2023
Contents:
- Household Laundry Equipment Price in the United States (CIF) - 2022
- Household Laundry Equipment Price in the United States (FOB) - 2023
- Household Laundry Equipment Imports in the United States
- Household Laundry Equipment Exports in the United States
Household Laundry Equipment Price in the United States (CIF) - 2022
In 2022, the average household laundry equipment import price amounted to $9 per unit, which is down by -3.4% against the previous year. Over the period under review, the import price showed a significant decline. The growth pace was the most rapid in 2020 an increase of 4.5%. The import price peaked at $381 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($100 per unit), while the price for Switzerland ($0.1 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-14.9%), while the prices for the other major suppliers experienced a decline.
Household Laundry Equipment Price in the United States (FOB) - 2023
In July 2023, the average household laundry equipment export price amounted to $53.2 per unit, with a decrease of -32.1% against the previous month. In general, the export price saw a perceptible contraction. The pace of growth was the most pronounced in February 2023 an increase of 64% month-to-month. The export price peaked at $104 per unit in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Canada ($327 per unit), while the average price for exports to Thailand ($6.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.4%), while the prices for the other major destinations experienced a decline.
Household Laundry Equipment Imports in the United States
In 2022, after three years of growth, there was significant decline in overseas purchases of household laundry equipment, when their volume decreased by -6.7% to 311M units. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of 333M units, and then fell in the following year.
In value terms, household laundry equipment imports fell to $2.8B in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports attained the peak of $3.1B, and then declined in the following year.
| Import of Household Laundry Equipment in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,077 | 1,146 | 1,336 | 1,359 | 8.1% |
| South Korea | 182 | 207 | 508 | 425 | 32.7% |
| China | 328 | 394 | 536 | 424 | 8.9% |
| Thailand | 234 | 259 | 341 | 211 | -3.4% |
| Vietnam | 209 | 244 | 128 | 97.9 | -22.3% |
| Germany | 65.0 | 63.4 | 60.9 | 70.0 | 2.5% |
| Taiwan (Chinese) | 8.6 | 7.1 | 5.7 | 3.9 | -23.2% |
| Switzerland | 0.1 | 0.4 | 0.5 | 0.6 | 81.7% |
| Others | 163 | 165 | 194 | 211 | 9.0% |
| Total | 2,267 | 2,486 | 3,110 | 2,804 | 7.3% |
Top Suppliers of Household Laundry Equipment to the United States in 2022:
- South Korea (66.3M units)
- Germany (58.7M units)
- China (57.3M units)
- Thailand (46.4M units)
- Vietnam (24.3M units)
- Mexico (13.6M units)
- Switzerland (9.6M units)
- Taiwan (Chinese) (5.9M units)
Household Laundry Equipment Exports in the United States
In 2022, the amount of household laundry equipment exported from the United States dropped significantly to 6.3M units, waning by -19.7% compared with 2021 figures. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 11%. The exports peaked at 7.9M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, household laundry equipment exports reached $597M in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $601M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Household Laundry Equipment in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 225 | 215 | 218 | 223 | -0.3% |
| Mexico | 69.5 | 68.6 | 70.8 | 75.9 | 3.0% |
| Australia | 20.6 | 19.6 | 18.2 | 34.7 | 19.0% |
| United Kingdom | 9.3 | 10.5 | 9.8 | 12.8 | 11.2% |
| Czech Republic | 18.6 | 9.0 | 6.4 | 8.5 | -23.0% |
| Thailand | 15.5 | 6.3 | 5.4 | 4.3 | -34.8% |
| Others | 243 | 174 | 194 | 238 | -0.7% |
| Total | 601 | 503 | 522 | 597 | -0.2% |
Top Export Markets for Household Laundry Equipment from the United States in 2022:
- Mexico (3626.0K units)
- Canada (663.0K units)
- Thailand (493.2K units)
- Czech Republic (151.1K units)
- United Kingdom (149.6K units)
- Australia (115.4K units)
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 2030.
Product coverage:
- NAICS 335224 - Household laundry equipment manufacturing
Companies mentioned:
- Whirlpool Corporation
- Maytag Corporation
- Staber Industries
- Iron-A-Way
- Service As You Like
- Select Laundry
- Useong International
- Associatied Commercial Laundry Corporation
- Dadson Washer Service
- Keltner Research
- Valh
- Laundry Limited Partnership
- National Home Products
- Ra-Car
- Tom Roof Cleaners
- Japan Fabricare
- Empresa Ruiz
- Coinmach Service Corp.
- Commercial Washer & Dryer Parts Corp
- Security Financing Services
- Krispy Klean
- Phantastic Innovations
- Spin Holdco
- Minky Homecare
- CSC Serviceworks
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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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 t
1289
The U.S. takes third place in global noncurrent-carrying wiring device exports with a X% share (based on USD), following China (X%) and Japan (X%). In 2015, the U.S. exported X million USD, -X% under the previous year.
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The price of Switchgear And Switchboard Apparatus in August 2023 was $6.5 per unit (CIF, US), which remained relatively unchanged from the previous month.
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The U.S. takes an X% share (based on USD) of global switchgear and switchboard apparatus imports, which put it in second place, following China (X%). In 2015, U.S. switchgear and switchboard apparatus imports totaled X
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Imports of Storage Batteries in June 2023 decreased to $2.2B in terms of value.
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In March 2023, the price of Storage Battery fell by -9.9% to $20.8 CIF (Cost, Insurance and Freight) per unit compared to the previous month.
