The Vacuum, Fan and Small Household Appliance Manufacturing industry has experienced substantial decline over the past five years. Many industry operators have offshored their manufacturing facilities in order to contend with stiff competition from low-cost manufacturers overseas. In the coming years, challenges are not expected to let up for the industry, as imports will continue to capture the majority of domestic demand in the long run due to lower prices.
Operators in this industry primarily manufacture small electric appliances and housewares. Industry products include blenders, coffee makers, blow-dryers, portable heaters and electric floor-care equipment such as vacuum cleaners, floor waxers and polishers. The industry excludes manufacturers of major household appliances (e.g. refrigerators, convection ovens, dishwashers and microwaves) and air conditioners.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.