Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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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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Refrigeration Appliances in Taiwan
Refrigeration Appliances in TaiwanFollowing the outbreak of COVID-19, Taiwan reopened the national border at the end of 2022, leading many consumers to travel abroad after having restrictions in place for over two years. In addition to a shift from spending on goods to experiences, there was a slowd ... Read More
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Large Cooking Appliances in Portugal
Large Cooking Appliances in Portugal Large cooking appliances registered a second consecutive year of volume decline in 2023, following a period of consistent growth stimulated by home construction and kitchen refurbishments. Families are facing tougher economic constraints due to rising interest ra ... Read More
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Dishwashers in Portugal
Dishwashers in Portugal Household penetration of dishwashers continues to rise in Portugal, driven by the more intensive use of dishwashing appliances in the post pandemic era. The trend towards remote working has been a key catalyst in recent years as has the rising cost of living, which has curbed ... Read More
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Refrigeration Appliances in Portugal
Refrigeration Appliances in Portugal Refrigeration appliances registered a stronger volume decline in 2023, compared to the previous years, as consumer confidence remained suppressed. Portugal’s high rate of inflation has resulted in further retail price growth, alongside the premiumisation trend, w ... Read More
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Consumer Appliances in Portugal
Consumer Appliances in Portugal Inflation continued to push up retail prices in 2023, with households facing another year of tight budgets and purchasing power remaining compromised. Housing prices continued to rise, not only due to additional demand, but because of the steady influx in foreigners m ... Read More
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Home Laundry Appliances in Portugal
Home Laundry Appliances in Portugal After a strong period of growth, home laundry appliances are registering decline in volume terms, largely due to maturity and the high level of household penetration of automatic washing machines. The high levels of investments made in home laundry appliances duri ... Read More
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Home Laundry Appliances in Poland
Home Laundry Appliances in Poland In 2023, home laundry appliances are showing signs of recovery, with a slight increase in retail volume sales. After a notable decline in 2022, consumers have returned to purchasing home laundry appliances. This recovery may be attributed to several factors, such as ... Read More