TV & Appliance Wholesaling in the US - Industry Market Research Report

TV & Appliance Wholesaling in the US - Industry Market Research Report

TV & Appliance Wholesaling in the US

Businesses in the industry distribute a range of electric household appliances and consumer electronics. As these items are mostly discretionary purchases and supplementary products to home building, activity in downstream retail and residential construction markets drive revenue. Over the past five years, as disposable and median household income have increased, consumers have invested more into home building and renovation projects. But falling consumer confidence coupled with the increasing prevalence of online transactions have hamstrung industry growth. Consequently, industry revenue inched downward at a CAGR of 1.6% to $135.5 billion over the past five years. Revenue is expected to slump 2.5% in 2023 alone as downstream markets continue to be affected by the COVID-19 pandemic and the resulting economic downturn.

Operators in this industry wholesale a range of electric household appliances, such as refrigerators and washing machines, as well as consumer electronics, such as TVs, DVD players and stereo systems. The industry’s wholesalers purchase goods from domestic and international manufacturers and then sell them to mass merchandisers, department stores, home improvement stores and other appliance retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.