This report entitled "The US Small Household Appliances Market (by Category, Product, & Distribution Channel): Insights and Forecast with Potential Impact of COVID-19 (2022-2027)" has been added to ResearchAndMarkets.com's offering of market research reports.
During the forecast period, the US market for small household appliances is expected to grow at a rate of 5.02%, reaching US$27.17 billion by 2023. It is also predicted that by 2027, the US small household appliance market by volume will grow by 1.58% to 410.66 million units, growing at a CAGR of 1.58% during the forecast period.
In the coming years, it is expected that the demand for the US small household appliances market will be influenced by the rapid adoption of IoT technology bringing smart small household appliances into the market as well as an increase in consumer knowledge regarding the evolution and use of cutting-edge technological items such as humidifiers. 
As a result of factors including increasing wealth, an increase in disposable incomes, and an increase in the number of single-person households in the region, it is expected that the number of single-person households will increase. Increasing incomes allow individuals to bear all kinds of expenses for themselves, so it is expected that an increasing number of people are going to choose to live alone as a result of the rise in incomes.
As a result of the young generation focusing more on their education and careers, marriages may be delayed, which could lead to an increase in the number of adults living alone as a result. The growing number of single-person households is expected to exert a great influence on the advanced household appliances industry.
It is common for people living alone to manage their own tasks by themselves and they tend to have little time for cooking, so they tend to prefer kitchen appliances and cooking equipment. Thus, the growing number of single-person households in the US is expected to provide a huge impetus to the demand for household appliances and thus support the market growth.
Cloud technology is a trend that is on the rise
The cloud computing provides a wide range of services through the internet, including servers, data storage, database, networking, and more. The cloud based storage allows the user to save files remotely and access them whenever they need them. As cloud technology has evolved and grown, it has greatly enriched smart home technology and enhanced it.
With the technology proposed in this project, we will be able to collect and store information related to small home appliances such as dishwashers, coffee makers, etc. The information is sent from the home network to the cloud server for storage and management, using home network technologies. As a result, it is expected that the market will continue to grow as cloud technology continues to grow.
Increased tariffs on raw materials pose a challenge to the industry
During the historic period, the market for household appliances was restricted due to the increased tariffs placed on raw materials such as steel and aluminum. As a matter of fact, steel and aluminum are primarily used in the manufacture of household appliances, such as vacuum cleaners, coffee machines, microwave ovens, toasters, etc. The increasing import tariffs on raw materials such as steel and aluminum hindered the US market for household appliances.
Analyses of the COVID-19
As governments around the world imposed lockdowns in response to the Coronavirus outbreak in 2020, the small household appliance sector in the US was severely impacted.
As a result of increased consumer spending, an increase in the number of single-person households, the opening of new businesses, and so on, the market recovered in 2021 after the dip in 2020 was not as severe. With the introduction of so many new tiny household appliances and the extensive use of artificial intelligence and cloud computing by the sector in the future, there is no doubt that the market will continue to grow.
An analysis of the key players in the industry
A number of players dominate the US small household appliances market, with a large number of them dominating the entire world. There are a number of key players in the US small household appliances market, including Samsung Electronics Co., Ltd., Haier Group Corporation, LG Electronics Inc., Whirlpool Corporation, Panasonic Corporation, Newell Brands Inc., Electrolux AB, Robert Bosch GmbH, Spectrum Brands, Koninklijke Philips N.V., Hamilton Beach Brands Holding Company, Dyson Limited, and Smeg SpA.
Coverage of the segment
In terms of categories, the report provides a bifurcation of the market for small household appliances in the US into the following four segments: Cooking, Home Environment, Food Preparation, and Personal Care.

Source prnewswire