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Question of the Week 1 minute

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

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Coresight Research

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.

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