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Innovation Stirs Up Change for US Household Cooking Appliances

Posted by Zach Frye

Aug 23, 2016 8:30:00 AM

It is said that sooner or later, all that is old is new again. When it comes to household cooking appliances, all that is old needs to be replaced again — eventually.

The need for replacement is the fundamental driver of demand for US household cooking appliances, which include gas cooking appliances, electric cooking appliances, and microwave ovens. Consumers often buy a new model upon moving into a new home, or when an old appliance becomes nonfunctional or outdated. Of course, purchase decisions are influenced by key trends.

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Topics: House & Home, Industry Insights, The Freedonia Group

The Highly Competitive Market for Lawn & Garden Equipment

Posted by Sarah Schmidt

Aug 9, 2016 8:30:00 AM

Sales of lawn and garden equipment have been sluggish in recent years. Sales peaked in 2005 and have been declining and struggling to pick up ever since.

Despite these continued challenges, consumer research firm Packaged Facts projects retail sales will increase by a CAGR of 3 percent in the U.S. to reach $11.8 billion by 2019. Read on to learn more.

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Topics: House & Home, Industry Insights

3 Trends to Watch in US Personal Care Appliances

Posted by Steven Richmond

Aug 8, 2016 8:30:00 AM

There are a number of trends causing shake-ups in the personal care appliance market, leading to some interesting questions.

  • Why is a vacuum company making hair dryers?
  • How do the increasingly active lifestyles of elderly Americans present an opportunity for appliance companies?
  • And what on Earth is “peak beard”?

If you want the answers to all these questions (and more), read on.

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Topics: House & Home, Consumer Electronics, Industry Insights, The Freedonia Group

3 Top Trends in DIY Home Improvement

Posted by Sarah Schmidt

Aug 2, 2016 8:30:00 AM

As the economy improves, do-it-yourself consumers will flock to Home Depot and Lowe’s to renovate their homes and get started on projects that have been put on hold since the collapse of the housing market.

TechNavio, a leading research and advisory company, expects the global DIY market to rise at a CAGR of 3 percent from 2016 to 2020.

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Topics: House & Home, Industry Insights

Domestic Robots Now and in the Future

Posted by Sarah Schmidt

Jul 26, 2016 8:40:27 AM

Has the robot invasion begun? According to Tractica, a market intelligence firm that focuses on human interaction with technology, the consumer robotics revolution is “well and truly underway.”

Learn about the growing demand for domestic robots and what hurdles the market faces in the next few years.

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Topics: House & Home, Consumer Electronics, Industry Insights

27 Top Trends in the House and Home Industry

Posted by Sarah Schmidt

Jul 20, 2016 8:44:46 AM

MarketResearch.com has released a new e-book that highlights the top trends in the house and home industry. Drawing on insights from a number of premier market research firms, this e-book gives you expert forecasts on a wide variety of consumer goods from furniture to smart appliances to landscaping products.

This e-book will help you get up to speed quickly on innovative technologies that are transforming the industry and influential factors that are changing the demand for household products in key regions around the world.

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Topics: House & Home, Industry Insights

The Growing Demand for Self-Storage & Moving Services

Posted by Corinne Gangloff

Jul 8, 2016 8:44:37 AM

Services for self-storage and moving — fixed storage, mobile storage, climate-controlled, and not climate-controlled, full-service moving, and DIY truck rentals — are expected to reach $71 billion in revenues in 2020. Advances will be driven by increased mobility nationwide, as people and businesses are starting to relocate at higher rates following the recession and extended slow recovery. Growth will also stem from the lack of storage space in many US homes. 

As one might guess, revenues for these services vary significantly by region, state, and municipal area. Regional markets are primarily influenced by local factors such as population size, density, age distribution, mobility, homeownership rates, and growth trends. 

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Topics: House & Home, Industry Insights, The Freedonia Group

Lawn & Garden Month: Sales & Statistics [INFOGRAPHIC]

Posted by Caitlin Stewart

Apr 12, 2016 8:30:00 AM

As an introduction into the spring season, April has been dubbed Lawn and Garden Month. With the weather warming up and trees starting to bloom, it’s the perfect time for consumers to get their yards ready for new landscaping, plants, and gardens.

Read our blog post and check out our infographic to learn about the market for lawn and garden equipment and supplies.

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Topics: House & Home, Packaged Facts

3 Reasons Sales of Green Household Products Are Dropping

Posted by Caitlin Stewart

Mar 29, 2016 8:30:00 AM

Can marketers persuade mainstream consumers to buy eco-friendly cleaning products? It's been a real challenge for mass brands like Clorox, Arm & Hammer, and Windex in recent years. After growing at a rapid pace through 2010, the market for green household cleaners and laundry products declined at a compound annual growth rate (CAGR) of 2 percent from 2010 to 2014. With insights from industry expert Packaged Facts and its new report Green Household Cleaning and Laundry Products in the U.S., 3rd Edition, we have identified three key factors that are contributing to the drop in sales.

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Topics: House & Home, Packaged Facts

Market Trends for Locks, Safes, and Vaults

Posted by Corinne Gangloff

Mar 14, 2016 8:29:31 AM

The mechanical security industry, including locks, safes, and vaults, will grow 5.4 percent annually through 2020 to $6.1 billion. The large lock segment accounted for 72 percent of industry demand in 2015 and will drive growth. The recovering construction industry will support demand, while ongoing shifts to higher value electrified products, particularly door locks and door security hardware that are used with electronic access control systems, will assist gains, too. The need for electrified versions of mechanical security products will continue to rise as access control and other such systems are installed at more entry points. The newly published study Mechanical Security Products further discusses the markets.

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Topics: House & Home, Industry Insights, The Freedonia Group

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