The boom in home remodeling as well as renewed interest in home coffee and tea brewing are just a few of the factors contributing to continuing growth in the U.S. market for small kitchen appliances. Based on the latest market research found in Small Kitchen Appliances in the U.S., a new report from SBI, a division of MarketResearch.com, the market supply for everything from single-brew coffee makers and juice extractors to panini and pizza makers is expected to reach a value of more than U.S. $2.7 billion in 2010.
According to report findings, the market supply for small kitchen
appliances was valued at almost $2.5 billion in 2005, and has remained relatively stable since 2001. The market is primarily dependent on low-priced imports, which have been increasing steadily since 2001 to account for more than half of the 2005 supply in terms of value. Electromechanical appliances, including blenders, mixers, food processors, and juice extractors among others, accounted for almost two-thirds of the value of small kitchen appliance imports in 2005.
Automatic drip coffee makers, however, continue to be the number one small kitchen appliance purchased annually by U.S. households, while toasters and slow cookers round out the top five purchases.
to Daily News