Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Large Cooking Appliances in South Korea
Large Cooking Appliances in South Korea Demand for large cooking appliances continues to experience decline in 2023, resulting from economic instability and a real estate slowdown that has persisted from the previous year. Local consumers are choosing to continue using their existing large cooking a ... Read More
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Dishwashers in South Korea
Dishwashers in South Korea Retail volume sales of dishwashers in South Korea are marginally declining in 2023 for a second consecutive year. This can be attributed to subdued consumer sentiment due to economic stability, which is resulting in many South Koreans refraining from purchasing big-ticket ... Read More
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Consumer Appliances in South Korea
Consumer Appliances in South Korea Retail volume sales of major appliances are declining in 2023, albeit by a slower rate compared to 2022, attributed to inflation and consumers’ constrained budgets. During the pandemic, demand for many consumer appliances experienced an unprecedented boom, as consu ... Read More
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Refrigeration Appliances in South Korea
Refrigeration Appliances in South Korea Retail volume sales of refrigeration appliances continue to decline in 2023, following the trends of a post-pandemic era, inflation, and reduced consumer spending. The volume decline is not as steep as the previous year, and overall demand remains above 2019 l ... Read More
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Home Laundry Appliances in South Korea
Home Laundry Appliances in South Korea Demand for home laundry appliances is growing in 2023 following a marginal dip in retail volume sales the previous year. The category’s performance is mainly attributed to a significant increase in demand for automatic dryers, while retail volume sales of autom ... Read More
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Vacuum Cleaners in South Korea
Vacuum Cleaners in South Korea Retail volume sales of vacuum cleaners as a whole are falling in 2023, despite another dynamic performance by robotic vacuum cleaners with robust double-digit volume and value growth. Standard vacuum cleaners are relatively mature in South Korea, with many households a ... Read More
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Large Cooking Appliances in the Netherlands
Large Cooking Appliances in the Netherlands Large cooking appliances registered retail volume growth in 2023, driven by built-in hobs, the largest product area. All other areas, including ovens, cooker hoods and freestanding cookers, declined in volume sales as they have a stronger alliance with a v ... Read More
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Dishwashers in the Netherlands
Dishwashers in the Netherlands Dishwashers recorded a decline in retail volume sales in 2023, partly driven down by the sluggish housing market. As interest rates increased in 2023, consumers were reluctant to purchase homes or move from one home to another. As borrowing also became unattainable and ... Read More
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Microwaves in the Netherlands
Microwaves in the Netherlands Microwaves declined in retail volume sales in 2023, with inflationary pressure leading consumers to be unwilling to spend on appliances. Microwaves was also particularly affected by the boost in sales during the pandemic years, with more consumers finding it unnecessary ... Read More
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Consumer Appliances in the Netherlands
Consumer Appliances in the Netherlands Due to rising inflation and price sensitivity, sales of consumer appliances in the Netherlands were challenged in 2023. Retail volume sales of both large and smaller appliances declined as consumers remained cautious, postponing purchases, especially those of b ... Read More
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Refrigeration Appliances in the Netherlands
Refrigeration Appliances in the Netherlands Refrigeration appliances saw a decline in retail volume sales in the Netherlands in 2023 as consumers continued to be cautious about spending on big purchases. The boom in sales during the outbreak of COVID-19 also accounts for the decline in retail volume ... Read More
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Home Laundry Appliances in the Netherlands
Home Laundry Appliances in the Netherlands Home laundry faced a decline in retail volume sales in 2023 as price-sensitive consumers were reluctant to spend on big ticket items. Additionally, sales of home laundry appliances rose during COVID-19; meaning that the need to replace items was low in 2023 ... Read More
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Vacuum Cleaners in the Netherlands
Vacuum Cleaners in the Netherlands Retail volume sales of vacuum cleaners declined in 2023 partly due to consumers' reluctance to spend on new appliances, while others had already invested in new vacuum cleaners during COVID-19. The cylinder vacuum cleaner, the largest category, faced competition fr ... Read More
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Consumer Appliances in Singapore
Consumer Appliances in Singapore A significant contributor to flat growth in major appliance sales is the prevailing economic conditions in Singapore. Economic fluctuations, stagnant wage growth, and high living costs can influence consumer decisions. In such conditions, consumers may delay or recon ... Read More
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Large Cooking Appliances in Singapore
Large Cooking Appliances in Singapore Ovens have emerged as an intriguing example of the interplay between aesthetic allure and practical functionality. While these kitchen appliances hold a significant place in modern homes for their visual appeal and potential for culinary experimentation, a curio ... Read More
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Refrigeration Appliances in Singapore
Refrigeration Appliances in Singapore The Samsung Bespoke line has garnered significant popularity and attention within the dynamic market of Singapore. This innovative and customisable range of home appliances has struck a chord with Singaporean consumers, offering them a unique blend of functional ... Read More
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Dishwashers in Singapore
Dishwashers in Singapore The adoption of dishwashers in Singapore has experienced a noteworthy surge, driven by growing awareness of the manifold benefits they offer to modern households. As residents of this vibrant city increasingly seek solutions that optimise time, conserve resources, and enhanc ... Read More
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Home Laundry Appliances in Singapore
Home Laundry Appliances in Singapore Front-loading automatic washing machines have gained significant popularity in Singapore due to their efficiency, performance, and space-saving designs. In a city where space is often limited, the practical advantages of front- load options make these automatic w ... Read More
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Where Consumers Shop for Appliances
Where Consumers Shop for Appliances Sales of consumer appliances through retail e-commerce continue to grow, despite the relaxation of pandemic-related restrictions and the re-opening of physical stores. Consumers increasingly favour shopping online, as retailers continue to offer more perks and com ... Read More
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Smart Homes: How to Unlock the Potential
Smart Homes: How to Unlock the Potential Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor Internati ... Read More
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The Future of Smart Homes
The Future of Smart Homes Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor International's The Futu ... Read More
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Smart Homes
Smart Homes Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor International's Smart Homes global bri ... Read More
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Major Appliances in Western Europe
Major Appliances in Western Europe Sales of major appliances slipped into decline across Western Europe in 2022, after most countries had been seeing growth during the pandemic, often in both 2020 and 2021. Consumers returning to more out-of-home activities as societies were fully reopening in 2022 ... Read More
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Major Appliances in Asia Pacific
Major Appliances in Asia Pacific China’s struggles with the Omicron variant across much of the year meant that sales of major appliances declined in 2022, resulting in slightly negative growth for the Asia Pacific region as a whole, given the size of this country’s market. However, positive growth i ... Read More
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Environmental Sustainability Initiatives in Consumer Appliances
Environmental Sustainability Initiatives in Consumer Appliances Sustainability is increasingly being viewed as a competitive advantage rather than a cost. Companies are increasingly marketing themselves and their products as sustainable. In this briefing, we will talk about the importance of environ ... Read More
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