Appliances and electronics in Norway registered an uplift in value sales in 2023, largely due to inflationary pressures, which pushed up retail prices. Consumer demand weakened as interest rate hikes took hold, whilst the weak currency led to higher imports and raw material prices. White goods have performed poorly as consumers held off from making larger investments and home renovations. Some retailers have felt the pressure of high inflation and low margins on the bottom line. Nevertheless, co...
Euromonitor International's Appliances and Electronics Specialists in Norway report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Appliances and Electronics Specialists market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Appliances and Electronics Specialists in Norway
Euromonitor International
February 2024
List Of Contents And Tables
APPLIANCES AND ELECTRONICS SPECIALISTS IN NORWAY
KEY DATA FINDINGS
2023 DEVELOPMENTS
Demand weakens for appliances and electronics retailers
Netonnet enjoys success with omnichannel strategy
Live-shopping events are a powerful marketing tool
PROSPECTS AND OPPORTUNITIES
Slow value growth expected in forecast period
Omnichannel strategies of greater importance for players
Services will be added to boost profits
CHANNEL DATA
Table 1 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space 2018-2023
Table 2 Appliances and Electronics Specialists: Value Sales, Outlets and Selling Space: % Growth 2018-2023
Table 3 Appliances and Electronics Specialists GBO Company Shares: % Value 2019-2023
Table 4 Appliances and Electronics Specialists GBN Brand Shares: % Value 2020-2023