The U.S. runs the show in global imports of household refrigerators and home freezers, with a 22% share (based on USD). It was distantly followed by Germany (6%), the UK (5%) and France (5%). In 2015, U.S. household refrigerator and home freezer imports totaled 6,337 million USD, which was 593 million USD (10%) more than the year before.
From 2007 to 2015, U.S. household refrigerator and home freezer imports showed mixed dynamics. A slight drop in 2009 was followed by steady growth over the next six years, driven by the recovery of housing starts and consumer spending. There was an annual increase of healthy +10.2% throughout the post-crisis period of 2009-2015. In 2010, the U.S. household refrigerator and home freezer importers overcame the pre-recession import level achieved in 2008.
Considering ongoing economic recovery and favourable expectations for growth of housing starts и consumer spending, the U.S. remains one of the most attractive destinations for overseas suppliers.
Mexico was the main supplier of household refrigerator and home freezer into the U.S., with a 52% share of total U.S. imports in 2015. It was followed by China (20%) and Korea (18%), which were also the fastest growing suppliers. Imports from China and Korea grew by +11.1% per year and +10.4% per year from 2007 to 2015, respectively, while Mexico recorded only 4.3% growth. China and Korea strengthened theirs positions in U.S. imports, while Mexico saw its share reduced from 60% in 2007.
From 2007 to 2015, the U.S. was a net importer of household refrigerators and home freezers. Moreover, imports grew faster than exports on average over the period under review.
Net US imports of household refrigerators and home freezers showed an upward trend over the period under review. In 2015, this industry ran a significant trade deficit of 5,276 million USD.
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“U.S. Household Refrigerator And Home Freezer Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. market for household refrigerators and home freezers. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Household refrigerators, including combination refrigerator-freezers; Household food freezers, complete units; Parts and attachments for household refrigerators and freezers; Household refrigerator and home freezer manufacturing, nsk, total.
Companies mentioned: Sub-Zero, Dover Corporation, Hill Phoenix, Thetford Corporation, Felix Storch, Norcold, Northland Corporation, Haier America Refrigerators Company, U-Line Corporation, Par Engineering , Robin Industries, Ae Fund, Anamac, Refrigerator Manufacters, American Cold Storage, Thermal Manufacturing, Intirion Corporation, Sphinx Panel and Door, Worldwide Refrigeration Industries, Flurida Group, Chill King, Limbach Facilities, Midwest Commercial Kitchens, Haier America Refrigerators Company, Custom Cooler, Electro Freeze Distributors, Cold King, Refriderator Manufacters, Arctic Cooler-Freezer Repair, Tks Cold Storage Mfg and Construction, Panasonic Appliances Refrigeration Systems Corporation of America, Electrolux.
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES