Electrolux - Statistics & Facts

Electrolux is a multinational appliance manufacturer headquartered in Stockholm, Sweden. The company was formed in 1918 following the merging of Lux AB and Svenska Elektron AB. The company’s name was initially spelt “Elektrolux” but changed to its current form in 1957. The company started with 400 employees and now employs over 54,000 people worldwide. The company used to make only electric vacuum cleaners when it was formed, but today it manufactures all major appliances for both consumer and professional use.

Electrolux’s total revenue has increased from around 12.67 billion U.S. dollars in 2014 to over 14 billion U.S. dollars as of 2018. The company generates the majority of its revenue from its kitchen equipment segment, which accounted for 60 percent of sales in 2017. The company’s largest regional market for major appliances was Europe, where 39 percent of its total revenue was generated in that year. In the U.S. alone, Electrolux generated over 4.3 billion U.S. dollars in revenue in 2018. The major appliances in the North American region is the company's second largest business area—Electrolux generated 31 percent of its revenue here in 2018.

Electrolux ranks fifth amongst the leading household appliance companies based on sales worldwide in 2019. The largest vendor in the home appliance market was the Chinese company Midea Group Co., which generated sales of almost 40 billion U.S. dollars in 2019.

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Electrolux

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