1 minute

How Much Do Consumers Spend on Small Electric Household Appliances in the US?

Question of the Week
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
Other Contributors:
Manik Bhatia, Head of Cobranded Research
Primary Analyst:
Coresight Research
Contributors
Primary Analyst:
Coresight Research
Other Contributors:
Manik Bhatia, Head of Cobranded Research
1 minute

QUESTION OF THE WEEK: How Much Do Consumers Spend on Small Electric Household Appliances in the US?

US consumers spent $9.4 billion on small electric household appliances in 2019, up 5.3% year over year, according to the Bureau of Economic Analysis. Spending in this category grew at a CAGR of 5.6% between 2016 and 2019, and we estimate year-over-year growth of 3.8% in 2020, taking spending to $9.7 billion.