Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Appliances and Electronics Specialists in Colombia
Consumer demand for appliances and electronics remains dampened by interest rates in Colombia, which has elevated the cost of buying on credit. Private label products have also proved popular from grocery retailers, creating a challenging landscape for specialists. There has a notable expansion in o ... Read More
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Appliances and Electronics Specialists in the US
In 2024, the sales of appliances and electronics specialists in the US declined for a third consecutive year in current value terms. Persistent inflation continued to pressure consumers, leading many to delay discretionary purchases, particularly big-ticket items such as appliances and electronics. ... Read More
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Appliances and Electronics Specialists in Canada
In 2024, appliances and electronics specialists in Canada registered a slight increase in retail current value sales, supported by inflationary pressure on prices. However, the category continued to suffer outlet closures and the rationalisation of store networks in a tough business climate, charact ... Read More
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Appliances and Electronics Specialists in Argentina
Appliances and electronics specialists in Argentina experienced a significant contraction in retail volume sales during 2024, with the decline being particularly severe in the first quarter, when sales levels were comparable to those during the Covid-19 pandemic. The decrease in purchasing power and ... Read More
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Appliances and Electronics Specialists in Belgium
Despite reduced pressure on consumer purchasing power, price stabilisation and improving consumer confidence, sales through appliances and electronics specialists continued to decline in current value terms in 2024. This was mostly due to competition from retail e-commerce. Indeed, especially within ... Read More
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Appliances and Electronics Specialists in Bulgaria
The appliances and electronics specialist retail channel in Bulgaria experienced improved performance in 2024, as easing inflationary pressures and growing consumer purchasing power encouraged shoppers to resume spending on high-value items. Many consumers had postponed purchases of big-ticket elect ... Read More
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Appliances and Electronics Specialists in China
Appliances and electronics specialists saw limited current value growth momentum in China in both 2023 and 2024, driven by a weak housing market and reduced house purchases. Key product types, such as air conditioners and refrigeration appliances, experienced sharp sales declines as fewer new homes ... Read More
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Appliances and Electronics Specialists in Brazil
With interest rates falling in the first months of 2024, and the unemployment rate falling in the middle of the year, inflation once again concerned the Brazilian monetary policy authorities. After maintaining the interest rate in the middle of the year, it therefore rose again in the last months of ... Read More
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Appliances and Electronics Specialists in France
Despite moderating inflation throughout 2024, appliances and electronics specialists experienced a modest decline in current value sales in France due to persistent consumer concerns over diminishing purchasing power. The sluggish state of the housing market further dampened sales, as new mortgage a ... Read More
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Appliances and Electronics Specialists in Austria
In 2024, appliances and electronics specialists in Austria experienced slight retail value growth of 1%, which, although positive, was slower than the inflation rate, marking a continuation of the sector's struggle to regain momentum. This growth came after a sharper decline in the previous year, wh ... Read More
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Appliances and Electronics Specialists in Peru
The appliances and electronics specialists sector in Peru experienced slight growth in 2024, reversing the decline seen in the previous year. However, the sector's growth remained below the average for the total Peruvian retail market. The first half of the year was particularly challenging due to t ... Read More
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Appliances and Electronics Specialists in the Netherlands
Appliances and electronics retailers experienced a modest increase in retail current value sales in the Netherlands in 2024, primarily driven by rising inflation rather than growing consumer demand. Most product categories faced pressure in terms of sales volume, with televisions being a notable exc ... Read More
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Appliances and Electronics Specialists in Spain
In 2024, appliances and electronics specialists benefited from the change in TV channel frequency in Spain; the change prompted a notable rise in demand for new TV sets that could accommodate the updated broadcasting standards. Many local consumers replaced their existing televisions to ensure compa ... Read More
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Appliances and Electronics Specialists in Greece
Appliances and electronics specialists saw a slight rise in retail value sales in current terms in Greece in 2024. The Greek electronics market is developing and is witnessing a process of consolidation, with major players such as Kotsovolos, Public, and Plaisio competing in the landscape. Kotsovolo ... Read More
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Appliances and Electronics Specialists in Ireland
In 2024, retail value sales for appliance and electronics specialists in Ireland saw an increase of 0.1%. The easing of inflationary pressures and a general uptick in consumer spending benefitted retailers in this sector. As a result, appliance and electronics specialist retailers maintained sales f ... Read More
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Appliances and Electronics Specialists in Israel
The ongoing Israel-Hamas war has significantly impacted the performance of appliances and electronics specialist retailers, driving increased demand for emergency products. In January 2024, a Ministry of Justice advisory warned citizens to brace themselves for potential power outages, triggering a s ... Read More
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The World Market for Major Appliances
The global major appliances market is experiencing a resurgence with 0.5% growth, driven by the Global South, particularly Eastern Europe, South Asia and Latin America. AI integration is transforming smart appliances, focusing on climate control, cooking and energy management. Beko Corp has emerged ... Read More
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Top Five Trends in Major Appliances
The major appliances market is rebounding, driven by AI, sustainability and servitisation. AI is transforming smart appliances, while circular economy practices enhance sustainability. Beko Corp rises to number two globally, challenging market leaders. Subscription models and direct sales are reshap ... Read More
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Domestic Appliances in Mexico: ISIC 293
PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Domestic Appliances: ISIC 293 market at a national level. It provides the latest retail sales data, allowing you to iden ... Read More
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Refrigeration Appliances in Germany
Refrigeration Appliances in Germany In 2024, demand for refrigeration appliances in Germany continues to decline, driven by a mix of economic and demographic factors. Strong inflationary pressures have forced many households to reassess spending, prioritising essential purchases and cost-saving stra ... Read More
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Consumer Appliances in Israel
Consumer Appliances in Israel Consumer appliances saw retail volume sales stagnate in Israel in 2024. The Israeli economy saw a large dip over the last quarter of 2023 dropping by over 20% according to the Bank of Israel. However, in line with most of 2023, the Israeli Government sought to control i ... Read More
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Large Cooking Appliances in Ukraine
Large Cooking Appliances in Ukraine Retail volume sales of large cooking appliances in Ukraine maintained a strong upward trajectory in 2024. However, the extent of the slump in 2022 with the war in Ukraine meant that retail volume sales of large cooking appliances remained below the 2021 level at t ... Read More
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Home Laundry Appliances in Ukraine
Home Laundry Appliances in Ukraine The growth in retail volume sales of home laundry appliances in Ukraine came to a halt in 2022, with the outbreak of the war in Ukraine. While retail volume sales resumed their growth trajectory in 2023 and 2024, the extent of the 2022 slump meant that market sizes ... Read More
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Consumer Appliances in Germany
Consumer Appliances in Germany In 2024, consumer appliances in Germany continues to be influenced by purchase reluctance. Many local consumers are restricting their purchases to only when it is essential. However, some are increasingly willing to invest in high-quality appliances that may cost more ... Read More
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Dishwashers in Germany
Dishwashers in Germany Demand for dishwashers in Germany continues to decline in 2024, as unstable economic circumstances persist. Consumers are still postponing purchases until they become necessary, due to rising costs. Thus, sales are mostly driven by replacement purchases. Another factor that is ... Read More
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