MARKET INSIGHT – Small Electric Appliance Manufacturing

NACIS 335210 | $63,905,068,000

by Joe Jackson

Marketing & Events Assistant, PMPA

Published July 1, 2022

The parts that our precision machining shops manufacture provide essential functionality to the many critical household appliances that are important to our day-to-day functions such as cooking, cleaning, food preparation and personal care.

Top 5 Companies

1. Conair Corp., CT
2. Hamilton Beach Brands Holding Co., VA
3. Broan-Nutone LLC, WI
4. Ad Corp., CO
5. Tacony Corp., MO

• The precision machined products manufacturing industry sales are 5.5 times that of the small electric appliance manufacturing industry.
• Precision machined products average 2% of NAICS 335210 industry’s spend, which equates to $34 million in sales for our precision machining shops.
• The small electric appliance manufacturing is very concentrated. Of the 563 companies verified in this NAICS Code, the top five companies make up 61% of the sales in this industry.
• The small electric appliance manufacturing industry spend is $1.7 billion on materials, components, supplies, minerals and machinery
• The small electric appliance manufacturing is forecast to continue its steady growth which the industry has shown over the last seven years.

Source: U.S. Census, NAICS.com, Tricitiesbusinessnews.com

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