Appliances Market 2022 PowerPoint Presentation

Following the Pandemic Pattern The household appliances market, like many others, experienced a substantial increase in sales from 2020 to 2021, or 18.3% to $75.03 billion, and even more compared to 2019, or a 30.2% increase, according to the US Bureau of Economic Analysis (BEA). With persistent supply chain issues and increasing inflation, appliance sales have moderated just as substantially. The Q2 2022 SAAR (seasonally adjusted annual rate) of $78.01 billion increased 2.5% YOY but only 1.1% from the Q1 2022 SAAR of $77.18 billion. Although approximately 30% of household appliances are bought online, “household appliance stores” (NAICS 443141) also follow this pattern. Total 2021 sales increased 16.7% YOY but sales during the first nine months of 2022 decreased -2.7% YOY. Download the PowerPoint Presentation and  Word Document