Category: House & Home
Asia House & Home
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Vacuum Cleaners in the Philippines
... of growth, but also the strongest absolute growth, as these products are becoming an essential part of urban consumers’ homes, especially in big cities. In 2024, consumers are becoming increasingly busy with activities outside the ... Read More
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Microwaves in the Philippines
... time at home compared to before the COVID-19 crisis, partly as a result of the shift to remote working. Moreover, in the midst of increasingly hectic lifestyles, many are now preparing meals ahead of time ... Read More
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Personal Care Appliances in Turkey
... the strong rebound in demand, especially for the dominant hair care appliances category, in the post-Coronavirus (COVID-19) period dampened retail volume growth. The average retail current unit price of all categories of personal care appliances ... Read More
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Air Treatment Products in Turkey
... in 2024. The surge in demand for split air conditioners is attributed to factors like rising temperatures amid global warming and the replacement of older models with energy-efficient variants. Manufacturers like Beko (Arçelik, Beko brands) ... Read More
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Refrigeration Appliances in Turkey
... sales development to exceptionally hot summer days during the main Eid al-Adha holiday, which created a surge in demand for freezers with the heightened need to store meat and for longer. However, the overall growth ... Read More
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Vacuum Cleaners in Turkey
... and further hikes in average retail current unit prices slowed growth rates. Importantly, the steep devaluation of the local currency continued to see higher costs related to imports, raw materials, manufacturing, and distribution. Furthermore, the ... Read More
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Large Cooking Appliances in Turkey
... in anticipation of further price increases. While the 2024 retail volume growth performance was significantly lower than the review period CAGR, it was in keeping with the slowdown in demand following Coronavirus (COVID-19)-induced spikes. Another ... Read More
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Home Laundry Appliances in Turkey
... machines, recorded strong, but much slower growth than automatic dryers, partly because of an already very high household ownership rate. Additionally, the decline in house sales towards the end of the review period restricted the ... Read More
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Dishwashers in Turkey
... upcoming price increases. On the other hand, the slowdown in house sales towards the end of the review period limited growth, with 2023 and 2024 increases below the rates posted in the early-to-mid-review period. Euromonitor ... Read More
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Food Preparation Appliances in Turkey
... people have been experimenting with new recipes and cooking at home more frequently since the Coronavirus (COVID-19) pandemic. Various promotions offered by companies supported the increasing interest in cooking at home, contributing to the category’s ... Read More
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Small Cooking Appliances in Turkey
... healthier and more energy-efficient cooking solutions. The trend towards using minimal oil has been amplified by rising oil prices and heightened awareness of health benefits. Consequently, a surge in new product launches under both local ... Read More
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Consumer Appliances in Turkey
... review period, the industry saw especially fast increases in certain categories. For example, freezers and automatic dryers in major appliances, along with air fryers, stick vacuum cleaners, hair styling appliances and split air conditioners in ... Read More
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Microwaves in Turkey
... image in light of the growing health implications surrounding the use of these appliances. During economic downturns, consumers are likely to postpone purchases of such non-essential goods. Additionally, the rise of alternative cooking devices, such ... Read More
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Personal Care Appliances in Japan
... expected in retail current value terms. Amongst the main categories in consumer appliances, personal care appliances is one of the only ones expected to show volume growth in 2024 compared with the previous year. This ... Read More
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Refrigeration Appliances in Japan
... to see a slight increase, it is not set to be enough to offset the decline in volume terms and drive value growth. A significant factor contributing to this downturn is the poor performance of ... Read More
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Small Cooking Appliances in Japan
... expected to decline in retail current value terms. Significant contributors to the downturn include major categories such as kettles, rice cookers, and other small cooking appliances, all of which are expected to experience decreases in ... Read More
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Dishwashers in Japan
... and freestanding, both of which are likely to face declines in sales in 2024, although built-in will continue to dominate. Inflation, and depreciation of the yen, which have persisted since 2022, have stretched consumers’ finances, ... Read More
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Microwaves in Japan
... the depreciation of the yen, which have been ongoing since 2022, have put a strain on consumers’ budgets, resulting in a postponement of big-ticket purchases, and consumers aiming to extend the life of their current ... Read More
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Large Cooking Appliances in Japan
... in current value terms, overall value sales are still only expected to be static. All categories within large cooking appliances are projected to see a drop in volume sales. Ongoing inflation and the weakening of ... Read More
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Food Preparation Appliances in Japan
... to see a decline in retail current value terms. One significant factor contributing to this downturn is the reduction in cooking opportunities. In May 2023, the Japanese government reclassified COVID-19 from a high-risk Category 2 ... Read More
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Air Treatment Products in Japan
... current value terms. The categories set to face the most significant downturn are air purifiers and humidifiers. Both of these saw substantial growth in 2020, in the first year of the pandemic, with double-digit year-on-year ... Read More
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Vacuum Cleaners in Japan
... to a rise in the average unit price. The trend of a shift from cylinder vacuum cleaners to stick vacuum cleaners has continued, with the perception that stick models have weak suction power becoming a ... Read More
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Home Laundry Appliances in Japan
... be sufficient to offset the decline in volume sales, leading to an overall decrease in value terms as well. This downturn can largely be attributed to the categories accounting for the most significant sales, freestanding ... Read More
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Consumer Appliances in Japan
... appliances, which is set to contribute to an overall retail volume decline. According to Euromonitor’s Economies data, the growth rate of annual inflation in Japan was mostly calm in Japan for the last three decades. ... Read More
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Writing Instruments in China
... school and extracurricular activities post-pandemic has been driving sales of student office supplies such as writing instruments, the growth rate remains limited. Despite the return to normalcy following the pandemic, the category is experiencing only ... Read More
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