Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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Beyond the Product: How Servitization is Shaping the Future of Consumer Appliances
Beyond the Product: How Servitization is Shaping the Future of Consumer Appliances Servitization as a strategic shift in the appliance industry enhances customer experience by offering integrated services alongside products. This shift drives revenue diversification through recurring service income ... Read More
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Where Consumers Shop for Consumer Appliances
Where Consumers Shop for Consumer Appliances E-commerce continues to take share from retail offline, due to convenience, wide product options and frequent deals. Small appliances are leading the e-commerce sales as consumers are more willing to buy those online. However, retail offline still holds a ... Read More
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Domestic Appliances in the United Kingdom: ISIC 293
Domestic Appliances in the United Kingdom: ISIC 293 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 th ... Read More
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Western Europe Consumer Appliances
Consumer Appliances in Western Europe Sales of consumer appliances slipped into decline across Western Europe in 2022, and remained there in 2023. In addition to a post-COVID-19 sales correction after the demand spike seen during the pandemic, the economic scenario was a difficult one in 2022-2023, ... Read More
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Middle East and Africa Consumer Appliances
Consumer Appliances in Middle East and Africa After the decline seen when the pandemic hit the region in 2020, unit volume sales of consumer appliances have been seeing positive growth since then in Middle East and Africa. However, growth slowed at a regional level in 2023, with some countries, suc ... Read More
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Latin America Consumer Appliances
Consumer Appliances in Latin America Sales of consumer appliances recorded healthy growth in Latin America in 2023, after the slowdown seen a year earlier in the face of the difficult economic backdrop in Brazil, the region's biggest market. Although the political and economic situation in a number ... Read More
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Asia Pacific Consumer Appliances
Consumer Appliances in Asia Pacific In addition to the problems caused by the pandemic in 2020-2022, some countries in the region (eg Japan) have also been impacted by inflation in recent years. Nevertheless, after three years of decline, positive, if extremely modest, growth was seen in 2023, with ... Read More
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Competitor Strategies in Consumer Appliances
Competitor Strategies in Consumer Appliances While in small appliances the picture is more mixed, the major appliances market is dominated by a handful of players. Despite this, we see further consolidation with some high-profile mergers and acquisitions in recent years, enabling leading manufacture ... Read More
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Appliances and Electronics Specialists in Germany
Appliances and Electronics Specialists in Germany Despite a recovery to pre-pandemic value sales levels in 2022, driven by high inflation and pent-up demand for in-store shopping as mobility restrictions eased, appliances and electronics specialists in Germany returned to decline in 2023. This was i ... Read More
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Appliances and Electronics Specialists in South Korea
Appliances and Electronics Specialists in South Korea Appliances and electronics specialists maintained its long-standing decline in outlet numbers in South Korea in 2023, and although it returned to growth in current value terms, this only made a small dent in the losses experienced since 2019. The ... Read More
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Appliances and Electronics Specialists in Saudi Arabia
Appliances and Electronics Specialists in Saudi Arabia Appliances and electronics specialists in Saudi Arabia experienced steady growth in current value terms in 2023. Factors that contributed to this positive growth included increasing purchasing power, population growth and urbanisation. Furthermo ... Read More
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Appliances and Electronics Specialists in Ireland
Appliances and Electronics Specialists in Ireland Appliances and electronics specialists saw sales plummet in Ireland in 2023, following positive growth in 2022. This slump is attributed to consumers seeing lower spending power due to inflationary pressures and the cost-of-living crisis, whereas in ... Read More
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Appliances and Electronics Specialists in the United Kingdom
Appliances and Electronics Specialists in the United Kingdom In 2022, appliances and electronics specialists in the UK was the only non-grocery retail channel to experience a decline in sales. Due to the cost-of-living crisis and the squeeze on discretionary budgets, many consumers were forced to be ... Read More
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Appliances and Electronics Specialists in the US
Appliances and Electronics Specialists in the US In 2023, sales of appliances and electronics specialists in the US declined for a second year running in both current value terms and in value terms at constant 2023 prices. The inflationary environment led consumers to postpone discretionary purchase ... Read More
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World Market for Major Appliances
World Market for Major Appliances The major appliances market saw a challenging 2023 in volume terms as consumers continued to scale back. However, industry innovations kept many interested, keeping healthy value sales. Innovations in AI, advances in interoperability between appliances and energy ef ... Read More
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Appliances and Electronics Specialists in Mexico
Appliances and Electronics Specialists in Mexico In 2023, appliances and electronics specialists in Mexico registered a positive growth rate in current value terms for a third consecutive year. Despite the end of pandemic, and with many workers still working on an hybrid basis, the demand for produc ... Read More
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Appliances and Electronics Specialists in India
Appliances and Electronics Specialists in India Appliances and electronics specialists maintained solid current value growth and growth in outlet numbers in India in 2023, despite the competition from online retailers of such products. This is mostly because store-based retailers have been expanding ... Read More
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Appliances and Electronics Specialists in Ukraine
Appliances and Electronics Specialists in Ukraine While appliances and electronics specialists in Ukraine showed a much improved performance in current value sales terms in 2023, it remained one of the retail channels worst affected by the Russian invasion. Because the types of goods such outlets se ... Read More
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Appliances and Electronics Specialists in Israel
Appliances and Electronics Specialists in Israel Appliances and electronics specialists in Israel continued on a pattern of normalisation in 2023, aligning with the global trends of correction after the surge in sales seen during the pandemic lockdowns, as consumers focused on creating the optimal e ... Read More
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Appliances and Electronics Specialists in Hong Kong, China
Appliances and Electronics Specialists in Hong Kong, China After the disruptions to value sales during the 2019 protests and pandemic in 2020, appliances and electronics specialists returned to current value growth in Hong Kong in 2021 and 2022. However, in 2023 appliances and electronics specialist ... Read More
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Appliances and Electronics Specialists in Chile
Appliances and Electronics Specialists in Chile As a high number of big-ticket purchases were made during the pandemic years, appliances and electronics specialists in Chile experienced a marginal drop in value sales in 2023. This scenario encouraged many leading players to aggressively adopt promot ... Read More
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Appliances and Electronics Specialists in Brazil
Appliances and Electronics Specialists in Brazil Appliances and electronics specialists saw current value growth in Brazil in 2023, finally recovering to the pre-pandemic level of sales. One positive factor was the higher temperatures driving sales of air treatment products. However, the channel has ... Read More
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Appliances and Electronics Specialists in Indonesia
Appliances and Electronics Specialists in Indonesia Appliances and electronics specialists saw continued current value growth in Indonesia in 2023. While some of the leading players in this channel, such as Erajaya Swasembada and Electronic City, continued to expand their retail networks in 2023, th ... Read More
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Appliances and Electronics Specialists in Poland
Appliances and Electronics Specialists in Poland Appliances and electronics specialists saw current value sales decline slightly in 2023. Trade was depressed as rapidly rising inflation caused unit prices to increase sharply and weakened consumer confidence and purchasing power. These conditions led ... Read More
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Appliances and Electronics Specialists in New Zealand
Appliances and Electronics Specialists in New Zealand Appliances and electronics specialists in New Zealand saw only marginal retail current value growth in 2023, despite a slight increase in the number of outlets. In the wake of the COVID-19 pandemic, closed borders and a relatively stable economy ... Read More
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