Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Consumer Appliances in India
Consumer Appliances in India After a year of healthy growth in 2022, the demand for consumer appliances in India notably slowed in 2023, hindered by inflationary pressures and a cost-of-living crisis. This was one of the key themes that plagued the industry during the year. Several categories report ... Read More
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Extended Reality (XR) Reinventing the Customer’s Experience
Extended Reality (XR) Reinventing the Customer’s Experience As consumers spend more time online, businesses need to utilise XR to offer a more innovative and captivating experience to engage with their customers or risk losing them (online and offline). Euromonitor International's Extended Reality ( ... Read More
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Technology or Sustainability Leadership in Appliances: A Strategic Discussion
Technology or Sustainability Leadership in Appliances: A Strategic Discussion Industry stakeholders are increasingly debating between sustainability and technology leadership strategies in the appliances market. As margins continue to shrink, leadership in either category is critical to maintain con ... Read More
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Large Cooking Appliances in Mexico
Large Cooking Appliances in Mexico Large cooking appliances in Mexico has continued to sustain solid growth in retail volume terms in 2023, though not eclipsing the peak experienced in 2020. The initial surge in home cooking triggered by COVID-19 has persisted as consumers prepared more meals at hom ... Read More
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Dishwashers in Mexico
Dishwashers in Mexico In Mexico, dishwashers have historically been niche products, with a relatively low household penetration rate. Local consumers have traditionally shown little interest in dishwashers, constrained by economics but also often remaining unconvinced by the purported advantages suc ... Read More
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Home Laundry Appliances in Mexico
Home Laundry Appliances in Mexico Home laundry appliances in Mexico is another category that has continued to post a robust performance due to the sustained trend of hybrid or fully remote working. The resulting consumer behaviour has inclined towards enhancing domestic efficiency, with a notable in ... Read More
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Refrigeration Appliances in Mexico
Refrigeration Appliances in Mexico Refrigeration appliances in Mexico has sustained a positive trajectory throughout 2022 and into 2023 in terms of volume sales growth, buoyed by the enduring trend of remote working and hybrid work models that encourage Mexicans to spend increased time at home. The ... 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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Refrigeration Appliances in the US
Refrigeration Appliances in the US In 2022, overall retail volume sales of refrigeration appliances are set to decline, following strong sales growth during the pandemic. This decline is being driven by consumers holding off upgrading their refrigeration appliances due to the current inflationary en ... Read More
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Home Laundry Appliances in the US
Home Laundry Appliances in the US Whirlpool-owned brand Maytag released the first automatic washing machine and automatic dryer catering to pet owners in 2022. The Maytag Pet Pro System washing machine includes a built-in Pet Pro Filter to remove pet hair, and the dryer includes a lint trap to effec ... Read More
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Dishwashers in the US
Dishwashers in the US Following strong retail volume growth in the previous year, retail volume sales of dishwashers are set to decline in 2022, as many consumers have not sought to purchase a dishwasher after already upgrading during the pandemic. For those consumers who did not recently purchase, ... Read More
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Consumer Appliances in the US
Consumer Appliances in the US By the end of the first quarter of 2022, it was evident to manufacturers and retailers that general consumer demand for major and small appliances had cooled, despite company projections that demand for appliances would remain elevated, carrying over from the previous y ... Read More
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Large Cooking Appliances in the US
Large Cooking Appliances in the US Beyond investments in technology, appliances manufacturers are expanding customisable offerings, with improved space efficiency and a range of styles and features. On the Samsung, Bosch and Miele e-commerce sites, for example, the brands promote a kitchen appliance ... Read More
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Refrigeration Appliances in Argentina
Refrigeration Appliances in Argentina After 2021 saw record high inflation in Argentina, the country’s inflation rate was even higher in 2022, hovering at around 50%. As a result, many consumers were unwilling to carry Argentinean pesos in their pockets or deposit the currency into their bank accoun ... Read More
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Appliances for the Elderly Segment
Appliances for the Elderly Segment As sales to traditionally targeted consumer segments have started to plateau, brands need to find growth elsewhere. According to Euromonitor International’s briefing “The Next Billion Consumers”, the elderly segment is an underserved category with enormous spending ... Read More
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Income and Expenditure in Western Europe
Income and Expenditure in Western Europe Over the near term, mounting inflationary pressure is set to limit purchasing power of the European population and curb discretionary spending growth. In the long term, however, consumer incomes are set to expand, remaining the third largest globally, due to ... Read More
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Income and Expenditure in Western Europe
Income and Expenditure in Western Europe Over the near term, mounting inflationary pressure is set to limit purchasing power of the European population and curb discretionary spending growth. In the long term, however, consumer incomes are set to expand, remaining the third largest globally, due to ... Read More
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Competitor Strategies in Consumer Appliances
Competitor Strategies in Consumer Appliances Following significant growth in small appliance sales, driven by home seclusion during the pandemic, major appliance players are looking to capitalise on consumer demand by entering or re-entering the small appliance market. Small appliances that reduce c ... Read More
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The Future of Automated Kitchens
The Future of Automated Kitchens Consumers’ experience over the last two years has shown them that cooking at home can be healthier and cost effective. However, cooking at home is time consuming. Brands are responding to this with continuous innovations to enable the preparation of personalised, hea ... Read More
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