Category: Major Appliances
Major Appliances market research reports by Euromonitor International
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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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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 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 Italy
Appliances and Electronics Specialists in Italy It was another tough year for appliances and electronics specialists in Italy in 2023 with the category seeing a decline in current value terms for the second consecutive year. Sales slumped in 2020 due to the outbreak of COVID-19 before recording a pa ... Read More
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Appliances and Electronics Specialists in Colombia
Appliances and Electronics Specialists in Colombia In 2023, appliances and electronics specialists in Colombia were impacted by economic uncertainty and the consequent reduced consumer demand for large appliances and electronics, such as refrigerators, smartphones, and laptops. Also, the Ministry of ... Read More
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Egypt Appliances and Electronics Specialists
Appliances and Electronics Specialists in Egypt Appliances and electronics specialists in Egypt saw significant new investments towards the end of the review period. Vestel, a Turkish home and professional appliances manufacturer, and Zorlu, a multinational holding company, announced plans to establ ... Read More
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Appliances and Electronics Specialists in Thailand
Appliances and Electronics Specialists in Thailand Current value sales in appliances and electronics specialists in Thailand continued their post-pandemic rebound in 2023. Over the end of 2022 and beginning of 2023, the Thai government introduced several stimulus measures, including the offer of cas ... 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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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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Large Cooking Appliances in Mexico
Large Cooking Appliances in Mexico Large cooking appliances in Mexico has continued to sustain solid growth in retail volume terms in 2023, though not eclipsing the peak experienced in 2020. The initial surge in home cooking triggered by COVID-19 has persisted as consumers prepared more meals at hom ... Read More
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Dishwashers in Mexico
Dishwashers in Mexico In Mexico, dishwashers have historically been niche products, with a relatively low household penetration rate. Local consumers have traditionally shown little interest in dishwashers, constrained by economics but also often remaining unconvinced by the purported advantages suc ... Read More
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Home Laundry Appliances in Mexico
Home Laundry Appliances in Mexico Home laundry appliances in Mexico is another category that has continued to post a robust performance due to the sustained trend of hybrid or fully remote working. The resulting consumer behaviour has inclined towards enhancing domestic efficiency, with a notable in ... Read More
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Refrigeration Appliances in Mexico
Refrigeration Appliances in Mexico Refrigeration appliances in Mexico has sustained a positive trajectory throughout 2022 and into 2023 in terms of volume sales growth, buoyed by the enduring trend of remote working and hybrid work models that encourage Mexicans to spend increased time at home. The ... Read More
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Where Consumers Shop for Appliances
Where Consumers Shop for Appliances Sales of consumer appliances through retail e-commerce continue to grow, despite the relaxation of pandemic-related restrictions and the re-opening of physical stores. Consumers increasingly favour shopping online, as retailers continue to offer more perks and com ... Read More
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Smart Homes: How to Unlock the Potential
Smart Homes: How to Unlock the Potential Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor Internati ... Read More
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The Future of Smart Homes
The Future of Smart Homes Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor International's The Futu ... Read More
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Smart Homes
Smart Homes Smart home adoption will accelerate in the near term, as Matter-enabled devices become commonplace. Interoperability will enable companies to provide better experiences, while consumers will enjoy improved and more personalised services. Euromonitor International's Smart Homes global bri ... Read More
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Major Appliances in Western Europe
Major Appliances in Western Europe Sales of major appliances slipped into decline across Western Europe in 2022, after most countries had been seeing growth during the pandemic, often in both 2020 and 2021. Consumers returning to more out-of-home activities as societies were fully reopening in 2022 ... Read More
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