Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Appliances and Electronics Specialists in Spain
Appliances and Electronics Specialists in Spain Appliances and electronics specialists saw only modest growth in current value terms in 2023, with the challenging economic environment impacting spending on non-essential items. Although inflation was lower than in 2022 it still remained higher than i ... Read More
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Appliances and Electronics Specialists in Taiwan
Appliances and Electronics Specialists in Taiwan Appliances and electronics specialists in Taiwan witnessed a fluctuating trajectory in 2023, shaped significantly by seasonal sales trends. While the pandemic-induced surge in demand for remote working and online schooling propelled sales of personal ... Read More
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Appliances and Electronics Specialists in Morocco
Appliances and Electronics Specialists in Morocco Demand for household appliances has been under pressure, reflecting high inflation and shifting consumer priorities. However, despite this overall decline, demand for small household appliances continued to grow steadily since 2020. This trend indica ... Read More
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Appliances and Electronics Specialists in Argentina
Appliances and Electronics Specialists in Argentina Appliances and electronics specialists in Argentina operated in a complex and difficult economic situation. This led to subsequent decreases in retail sales, and several specialists were forced to close the business or at last some outlets during t ... Read More
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Appliances and Electronics Specialists in Austria
Appliances and Electronics Specialists in Austria Consumer restraint affected the entire retail market in 2023, but appliances and electronics specialists was one of the categories most negatively affected. Euromonitor International's Appliances and Electronics Specialists in Austria report offers i ... Read More
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Appliances and Electronics Specialists in the Czech Republic
Appliances and Electronics Specialists in the Czech Republic HP Tronic Zlin spol sro has consolidated its lead among appliance and electronics specialists in the Czech Republic, after Datart acquired Euronics in 2023. Some Euronics locations have been closed, whilst some have been transferred to Dat ... Read More
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Appliances and Electronics Specialists in Nigeria
Appliances and Electronics Specialists in Nigeria Appliances and electronics specialists in Nigeria experienced a downturn in 2023 as consumers grappled with economic challenges. Rising costs of appliances and electronics prompted consumers to reassess their purchasing priorities, leading to a decli ... Read More
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Appliances and Electronics Specialists in Malaysia
Appliances and Electronics Specialists in Malaysia The pandemic lockdowns negatively affected some store-based appliances and electronics specialists. Nonetheless, with the lifting of restrictions and the reopening of international borders, sales benefited from the pent-up demand accumulated during ... Read More
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Appliances and Electronics Specialists in the Philippines
Appliances and Electronics Specialists in the Philippines 2023 proved to be a 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, particularl ... Read More
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Appliances and Electronics Specialists in Canada
Appliances and Electronics Specialists in Canada Appliances and electronics specialists worked to adapt to changing market conditions in Canada in 2023. When shopping for appliances and electronics, consumers are demanding fast and efficient service, both online and in-store. Retailers are adopting ... Read More
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Appliances and Electronics Specialists in Bulgaria
Appliances and Electronics Specialists in Bulgaria Performance was muted in 2023 for appliances and electronic specialists in Bulgaria, with minimal current value growth, and constant value sales falling. Continuing rising prices cut into profit margins and reduced consumers’ purchasing power. As su ... Read More
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Appliances and Electronics Specialists in France
Appliances and Electronics Specialists in France Current value sales in appliances and electronic specialists slumped in 2023 after slowing down in 2022. This downward trend is partly explained by the post-pandemic normalisation of sales in tech and consumer and home appliance products, with surges ... Read More
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Appliances and Electronics Specialists in the United Arab Emirates
Appliances and Electronics Specialists in the United Arab Emirates Consumers in the United Arab Emirates are increasingly seeking appliances and electronics with smart features and connectivity, driving growth of products such as smart TVs, AI-powered washing machines, and connected refrigerators. L ... Read More
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Appliances and Electronics Specialists in Japan
Appliances and Electronics Specialists in Japan Yodobashi partnered with Fortress Investment Group in the acquisition of the department store brands Seibu and Sogo from Seven & i Holdings Co Ltd, and is hoping to establish a new store in Ikebukuro. Ikebukuro is one of the largest towns in Japan, but ... Read More
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Home Laundry Appliances in India
Home Laundry Appliances in India After a year of strong recovery in 2022, the growth of home laundry appliances marginally slowed in 2023, but demand remained robust due to factors such as increasing penetration, a greater need for convenience-driven appliances, access to financing schemes, and new ... Read More
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Dishwashers in India
Dishwashers in India During the pandemic, dishwashers experienced a surge in sales as consumers were confined to their homes and therefore sought appliances that would help simplify household chores while they tried to balance work and childcare responsibilities. However, the last two years of the r ... Read More
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Large Cooking Appliances in India
Large Cooking Appliances in India The category of large cooking appliances remained relatively small in 2023 due to cultural differences, wherein most local consumers rely heavily on freestanding appliances, such as freestanding hobs (included in small cooking appliances), as opposed to built-in opt ... Read More
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Refrigeration Appliances in India
Refrigeration Appliances in India Following a year of healthy growth in 2022, the demand for refrigeration appliances slowed in 2023 due to inflationary pressures and unfavourable weather conditions. Sporadic rain during the summer months disrupted sales for cooling products such as refrigerators an ... Read More
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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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Home Laundry Appliances in Taiwan
Home Laundry Appliances in TaiwanWhile retail volume growth was positive in 2023, sales were hampered by a shift from spending on goods to services and experiences. As Taiwan ended COVID-19 restrictions at the end of 2022, many consumers were eager to travel abroad. This revenge travelling trend shi ... Read More
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Dishwashers in Taiwan
Dishwashers in TaiwanSince Taiwan re-opened its national border at the end of 2022, many consumers travelled abroad, shifting spending from goods to experiences. This has led to reduced capital spent on dishwashers, in addition to other major appliances. However, considering the relatively low numbe ... Read More
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Consumer Appliances in Taiwan
Consumer Appliances in TaiwanIn 2023, consumer appliances in Taiwan posted slower retail volume and value growth compared to the previous year, with sales negatively impacted by inflationary pressure, the slowdown in the local real estate market, and a spending shift from goods to services. This spe ... Read More
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Large Cooking Appliances in Taiwan
Large Cooking Appliances in TaiwanFollowing a fast increase in sales caused by the robust real estate market from 2020 to 2022, large cooking appliances slowed down in 2023. This was especially the case as many subcategories, including built-in hobs and cooker hoods, tend to be pre-installed by cons ... Read More
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