In 2023, the import of parts for domestic non-electric thermic appliances to the US stood at 329 million USD. From 2024 to 2028, the forecasted import values show gradual growth from 332.97 million USD to 347.4 million USD, indicating a consistent year-on-year increase. The five-year CAGR suggests a modest average annual growth in this sector.
Future trends to watch for include:
- Technological advancements and how they may affect parts demand.
- Economic factors influencing consumer spending on domestic appliances.
- Regulatory changes impacting importation or domestic manufacturing.
- Sustainability trends affecting material choice and design of appliance parts.
