U.S. Market for Small Kitchen Appliances Set to Top $2.7 Billion in 2010

New York, January 8 — 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 $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 #1 small kitchen appliance purchased annually by U.S. households, while toasters and slow cookers round out the top five purchases.

“Manufacturers of small appliances have been quick to respond to consumer demands for better-looking appliances with enhanced functionality,” notes Tatjana Meerman, Managing Editor of SBI. “Today’s time-crunched home-owner is willing to spend more on appliances to match their new or remodeled homes. This has impacted the market greatly and will continue to be a positive growth factor for the next several years.”

Containing comprehensive data on U.S. shipments, imports and exports, end-use markets, purchaser demographics, and the competitive environment, Small Kitchen Appliances in the U.S. identifies key issues and trends affecting the marketplace, including profiles of major marketers along with manufacturer and retailer strategies, and takes an in-depth look at demographic profiles of small kitchen appliance consumers. Priced at $3,000, this report is available from SBI by clicking: http://www.sbireports.com/Small-Kitchen-Appliances-1281485. It is also available at MarketResearch.com.

About Specialists in Business Information
Specialists in Business Information (SBI), a division of MarketResearch.com, publishes research reports in the industrial, construction, materials, and consumer goods markets. For more information visit http://www.sbireports.com, or contact Tom Ehart at 240-747-3014, or tehart@marketresearch.com.