Category: Major Appliances
Asia Major Appliances
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Home Laundry Appliances in Indonesia
... No. 6 of 2024, which impacts imports of high-end finished electronic products that are not yet manufactured domestically. As a result, the supply of premium products such as front-loading washing machines from brands such as ... Read More
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Large Cooking Appliances in Indonesia
... able to invest in enhancing their kitchens. These consumers prioritise both aesthetics and practicality, leading to increased sales of large cooking appliances. As they seek to improve their kitchen to better suit their needs, the ... Read More
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Consumer Appliances in Indonesia
... more people move to urban areas and adapt to the faster-paced living conditions, demand for efficient and convenient household appliances continues to rise. Urban dwellers seek appliances that simplify their daily routine and improve their ... Read More
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Refrigeration Appliances in Indonesia
... to cities and adopt hectic schedules, the demand for reliable and efficient refrigeration solutions has risen. These appliances are essential for preserving food and beverages, making them indispensable in modern urban households. The expanding urban ... Read More
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Dishwashers in Indonesia
... more niche consumer appliances, not widely seen as a necessity. This perception is especially prevalent amongst lower income households, for whom the cost of purchasing and operating a dishwasher is often considered too high. Consequently, ... Read More
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Large Cooking Appliances in Thailand
... consumers are prioritising cost effective appliances, leading to a growing interest in basic models with essential functionalities. At the same time, large cooking appliances that offer multiple cooking methods (such as a microwave with convection) ... Read More
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Refrigeration Appliances in Thailand
... spaces becoming the norm, particularly in urban areas, there is a growing demand for compact and multi-door refrigerators to make the most of the limited space that is available in modern kitchens. With the increasing ... Read More
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Consumer Appliances in Thailand
... functionality, opting for essential features and multi-purpose appliances that are perceived as offering good value for money, as well as optimising the use of space in small urban homes. At the same time, there has ... Read More
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Dishwashers in Thailand
... awareness and changing demographics point towards a promising future for this appliance. The impact of inflation on consumer confidence is likely to dampen demand, as many consumers focus their spending on essentials, with interest in ... Read More
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Home Laundry Appliances in Thailand
... the end of the review period, with these brands largely focusing on the low to mid-price segment. Their offerings have been well received by budget conscious consumers, owing to the combination of low prices and ... Read More
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Consumer Appliances in the Philippines
... low single-digit growth amidst low penetration and strong GDP growth. The market has been challenged by the prolonged impact of inflation, as well as lower consumer confidence. Although the rate of inflation has gradually decreased, ... Read More
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Large Cooking Appliances in the Philippines
... the market, as urban consumers have started to gain awareness of the product. Previously, price was always a barrier to the uptake of built-in hobs, which cost 4-5 times the price of freestanding hobs. The ... Read More
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Home Laundry Appliances in the Philippines
... while consumers are looking for a solution to save time on home chores, especially with many spending more time outside the home. The Philippines is also continuing to see rapid urbanisation, with many people moving ... Read More
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Refrigeration Appliances in the Philippines
... second lowest growth rate in the past 12 years, as consumers are changing their purchasing priorities after an extended period of strong inflation and high interest rates. While inflation has slowly subsided, consumers remain cautious ... Read More
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Dishwashers in the Philippines
... social media and retailers looking to educate consumers on using dishwashers, while offering huge price discounts as an incentive for higher income households to purchase the products. At the same time, with many new construction ... 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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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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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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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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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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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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