Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Appliances and Electronics Specialists in the Czech Republic
Appliances and electronics specialists in the Czech Republic witnessed a marginal drop in retail current value sales in 2024. However, this followed strong rebounds from the COVID-19 slump, and retail current value sales, supported by inflationary pressure, remained higher than at the beginning of t ... Read More
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Appliances and Electronics Specialists in Japan
Appliances and electronics specialists in Japan maintained current value growth in 2024, despite seeing a slight decline in outlet numbers. In Japan, appliances and electronics specialists is a significant channel, with over 60% of overall sales of consumer appliances and consumer electronics remain ... Read More
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Appliances and Electronics Specialists in South Korea
Appliances and electronics specialists in South Korea continued to decline in terms of both outlet numbers and current value sales in 2024, maintaining a long-standing trend. The decline in sales during 2024 was influenced by external factors such as prolonged domestic economic sluggishness, growth ... Read More
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Appliances and Electronics Specialists in Slovakia
In 2024, appliances and electronics specialists in Slovakia recorded a double-digit retail value uplift. However, in 2024, Slovak consumers reduced spending on non-essential items, which negatively impacted specialists in appliances and electronics, and dampened overall sales. Consequently, the grow ... Read More
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Appliances and Electronics Specialists in Australia
Despite an overall positive performance in 2024, value sales growth of appliances and electronics specialists in Australia continued to slow during the year as many local consumers delayed big-ticket purchases as a result of the ongoing cost-of-living crisis. Declining residential construction in Au ... Read More
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Appliances and Electronics Specialists in Saudi Arabia
Appliances and electronics specialists in Saudi Arabia experienced steady growth in current value terms in 2024, buoyed by rising purchasing power, population growth and urbanisation. The channel is also benefiting from the growing number of tech-savvy consumers and the trend towards smart appliance ... Read More
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Appliances and Electronics Specialists in Singapore
Appliances and electronics specialists in Singapore saw slowed value sales fall in 2024. During the pandemic, consumers in Singapore spent considerable amounts on various appliances and electronics as they adapted to stay-at-home lifestyles. With remote working arrangements and an emphasis on home-b ... Read More
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Appliances and Electronics Specialists in Indonesia
Appliances and electronics specialists registered current value growth in Indonesia in 2024, albeit at a slightly slower rate than in the previous year. Sales of electronic products, especially smartphone products, are still amongst the biggest contributors to value sales in this category. Players i ... Read More
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Appliances and Electronics Specialists in Hong Kong, China
Value sales of appliances and electronics specialists in Hong Kong recorded a second consecutive year of decline in 2024, as consumers, having already made significant investments in these items during the pandemic and home seclusion, continued to prioritise their budgets in an unstable economy rath ... Read More
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Appliances and Electronics Specialists in Portugal
Appliances and electronics specialists managed to achieve only marginal value growth in Portugal in 2024, which is attributed to several reasons. The rising popularity of retail e-commerce is one factor affecting in-store sales, as consumers are able to access a wide range of products and brands and ... Read More
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Appliances and Electronics Specialists in Taiwan
Appliances and electronics specialists saw falling value sales in Taiwan in 2024. Traditional retailers like Tsann Kuen and E-Life Mall are facing increasing competition, as consumers become more accustomed to online shopping. Platforms such as PChome and Momo are gaining popularity, enabling shoppe ... Read More
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Appliances and Electronics Specialists in New Zealand
Appliances electronics specialists in New Zealand were hit by the delay in making large purchases over 2024. Despite the annual inflation rate falling and consumer prices rising less than economist's forecasts, Statistics New Zealand indicated an ongoing stickiness in domestic prices over 2024. Appl ... Read More
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Appliances and Electronics Specialists in Vietnam
In 2024, appliances and electronics specialists in Vietnam began to experience a modest recovery, following a challenging period marked by shifting economic conditions. The economy’s gradual upturn provided a platform for slight growth in both retail value sales and number of outlets. Although this ... Read More
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Appliances and Electronics Specialists in Chile
After a slow 2023, when inflation and an overstock of products meant that appliances and electronics specialists in Chile struggled with slow demand, 2024 witnessed higher sales growth for the channel due to a more stable economy. With greater confidence, local consumers looked to purchase new produ ... Read More
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Appliances and Electronics Specialists in Turkey
In 2024, appliances and electronics in Turkey saw lower volume growth compared to that seen for much of the review period, with the slowdown following a period of robust positive growth. In 2023, Turkish consumers pre-emptively purchased appliances and electronics in anticipation of significant unit ... Read More
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Consumer Appliances in India
Consumer appliances in India witnessed robust growth in 2024, driven by an increase in the number of nuclear families, prolonged summers, and rising urbanisation, creating a shift in perception among Indians towards various categories. Air conditioners was a standout category with dynamic growth, dr ... Read More
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Home Laundry Appliances in India
Automatic washing machines in India witnessed strong consumer demand in 2024, especially among urban households, due to relatively better stain removal capabilities and the minimal intervention required in comparison to semi-automatic washing machines. Evolving lifestyle patterns in the form of dual ... Read More
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Refrigeration Appliances in India
Refrigeration appliances in India underwent regulatory revisions in early 2023, mandating net capacity declaration and requiring separate star labelling of freezers and refrigerator provisioning units (storage part). This resulted in manufacturers investing in product redesign and advanced technolog ... Read More
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Dishwashers in India
Dishwashers in India continue to be perceived as a luxury rather than a necessity for the majority of consumers, thereby impacting the category’s penetration in the country. Such a perception is largely due to the appliance’s relatively high price points, low consumer awareness of its potential bene ... Read More
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Large Cooking Appliances in India
Within large cooking appliances in India, local households continue to prefer traditional options such as freestanding hobs. This resulted in limited uptake of built-in large appliances in 2024. Euromonitor International's Large Cooking Appliances in India report offers a comprehensive guide to the ... Read More
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Appliances and Electronics Specialists in Malaysia
In 2024, appliances and electronics specialists in Malaysia continued to register small decreases in terms of the number of outlets and retail current value sales. The drops in revenues registered by appliances and electronics specialists were informed by a consumer shift to e-commerce in search of ... Read More
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Appliances and Electronics Specialists in Thailand
Digitalisation, changing consumer lifestyles, the recovery in inbound tourism and rapid urbanisation all contributed to the growth of appliances and electronics specialists in 2024. The Thai government also looked to stimulate the economy with a THB10,000-baht digital wallet scheme in September 2024 ... Read More
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Appliances and Electronics Specialists in the Philippines
2024 proved to be another positive year for appliances and electronics specialists in the Philippines, supported by increased foot traffic in shopping malls and other retail centres. There was also an improvement in consumer confidence, as Filipinos became more optimistic about their job outcomes. T ... Read More
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Appliances and Electronics Specialists in Poland
Cautious consumer sentiment and rising costs impacting appliances and electronics in Poland in 2024. As local consumers continue to grapple with inflation and higher living expenses, they are becoming more selective in their spending, particularly on non-essential items. Euromonitor International's ... Read More
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Appliances and Electronics Specialists in Italy
Appliances and electronics specialists in Italy performed poorly in 2024 recording a small decline in current value terms, while the number of outlets remained largely unchanged. Prevailing economic uncertainty coupled with the lower income of Italians, made them reduce and/or postpone most non-esse ... Read More
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