Category: Small Appliances
Small Appliances market research reports by Euromonitor International
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Appliances and Electronics Specialists in Germany
In 2024, value sales of appliances and electronics specialists in Germany continued to decline as consumers persisted with their tendency to limit their purchases to essentials because of ongoing unstable economic circumstances, especially regarding consumer appliances and electronics. Sales tend to ... Read More
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Appliances and Electronics Specialists in Morocco
Appliances and electronics specialist retailers in Morocco experienced steady growth in 2024, supported by continued economic stability, rising urbanisation and expanding retail footprints. Demand was bolstered by increasing access to affordable imported goods from countries such as China and Turkey ... Read More
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Appliances and Electronics Specialists in Mexico
Appliances and electronics specialists in Mexico continued to see current value growth in 2024, thanks mainly to a large part of the workforce still working from home and still spending to renovate their at-home workspaces. Although inflationary pressures may prevent Mexican buyers from spend most o ... Read More
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Appliances and Electronics Specialists in Nigeria
Despite Nigeria’s economic difficulties, appliances and electronics specialists remained the preferred purchasing channel for tech products. Inflation and a sharp depreciation of the Naira significantly raised import costs, making appliances and electronics increasingly expensive. In addition, the s ... Read More
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Appliances and Electronics Specialists in Switzerland
When it comes to appliances and electronics consumers in Switzerland tend to favour quality products with a long lifespan. However, many people chose to investment in new and replacement appliances and electronics in 2023 following the end of the pandemic and as a result there was less call for repl ... Read More
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Appliances and Electronics Specialists in the United Arab Emirates
Value sales of appliances and electronics specialists in the United Arab Emirates continued to rise in 2024, supported by favourable operating conditions, including rising urbanisation rates, increased demand for smart appliances, and the growth of digital natives. The channel also benefited from a ... Read More
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Appliances and Electronics Specialists in India
Appliances and electronics specialists maintained slow and stable growth in outlet numbers in India in 2024, mostly because store-based retailers have been expanding into underserved areas, such as Croma into East India, as well as tier-2 cities, such as Reliance Digital expanding its network of Jio ... Read More
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Appliances and Electronics Specialists in Egypt
Demand for appliances and electronics continued to rise in 2024, underpinned by an expanding base of tech-savvy shoppers, increasingly diversified product assortments, and the rollout of new retail outlets. Local manufacturing initiatives and distribution agreements also contributed to growth. For i ... Read More
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Appliances and Electronics Specialists in the United Kingdom
In 2024, appliances and electronics specialists in the UK recorded flat growth, following several years of decline. Consumer spending remained cautious and selective during the cost-of-living crisis towards the end of the review period, and this trend was particularly evident in the reduced demand f ... Read More
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Appliances and Electronics Specialists in Denmark
The number of appliances and electronics specialists in Denmark continues to decline, reflecting the ongoing challenges facing the market. Economic uncertainty has made Danish consumers more cautious with their spending, with people increasingly focusing on essential purchases. Increase energy price ... Read More
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Appliances and Electronics Specialists in Ukraine
Appliances and electronics specialists saw slight current value growth in Ukraine in 2024. The channel demonstrated active development during the year despite macroeconomic challenges. Key players, such as Comfy, expanded their presence by opening new stores in different regions, including frontline ... Read More
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The World Market for Small Appliances
Pandemic-era purchases are nearing end of life, driving growth through replacement cycles in 2024 and beyond. Categories such as air fryers, coffee machines, vacuum cleaners, air purifiers and multi-cookers will benefit. The industry is embracing AI, with smart appliances now labelled as AI, focusin ... Read More
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Top Five Trends in Small Appliances
Five out of the top six growing appliance markets are from the Global South, with growth rates of 4.8-11.2%. As affluence rises, ACs are increasingly popular. Companies are shifting to direct customer relationships, facilitating servitisation. Subscription models, like LG’s, are thriving, with signi ... Read More
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Appliances and Electronics Specialists in the Czech Republic
Appliances and electronics specialists in the Czech Republic witnessed a marginal drop in retail current value sales in 2024. However, this followed strong rebounds from the COVID-19 slump, and retail current value sales, supported by inflationary pressure, remained higher than at the beginning of t ... Read More
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Appliances and Electronics Specialists in Japan
Appliances and electronics specialists in Japan maintained current value growth in 2024, despite seeing a slight decline in outlet numbers. In Japan, appliances and electronics specialists is a significant channel, with over 60% of overall sales of consumer appliances and consumer electronics remain ... Read More
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Appliances and Electronics Specialists in South Korea
Appliances and electronics specialists in South Korea continued to decline in terms of both outlet numbers and current value sales in 2024, maintaining a long-standing trend. The decline in sales during 2024 was influenced by external factors such as prolonged domestic economic sluggishness, growth ... Read More
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Appliances and Electronics Specialists in Slovakia
In 2024, appliances and electronics specialists in Slovakia recorded a double-digit retail value uplift. However, in 2024, Slovak consumers reduced spending on non-essential items, which negatively impacted specialists in appliances and electronics, and dampened overall sales. Consequently, the grow ... Read More
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Appliances and Electronics Specialists in Australia
Despite an overall positive performance in 2024, value sales growth of appliances and electronics specialists in Australia continued to slow during the year as many local consumers delayed big-ticket purchases as a result of the ongoing cost-of-living crisis. Declining residential construction in Au ... Read More
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Appliances and Electronics Specialists in Saudi Arabia
Appliances and electronics specialists in Saudi Arabia experienced steady growth in current value terms in 2024, buoyed by rising purchasing power, population growth and urbanisation. The channel is also benefiting from the growing number of tech-savvy consumers and the trend towards smart appliance ... Read More
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Appliances and Electronics Specialists in Singapore
Appliances and electronics specialists in Singapore saw slowed value sales fall in 2024. During the pandemic, consumers in Singapore spent considerable amounts on various appliances and electronics as they adapted to stay-at-home lifestyles. With remote working arrangements and an emphasis on home-b ... Read More
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Appliances and Electronics Specialists in Indonesia
Appliances and electronics specialists registered current value growth in Indonesia in 2024, albeit at a slightly slower rate than in the previous year. Sales of electronic products, especially smartphone products, are still amongst the biggest contributors to value sales in this category. Players i ... Read More
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Appliances and Electronics Specialists in Hong Kong, China
Value sales of appliances and electronics specialists in Hong Kong recorded a second consecutive year of decline in 2024, as consumers, having already made significant investments in these items during the pandemic and home seclusion, continued to prioritise their budgets in an unstable economy rath ... Read More
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Appliances and Electronics Specialists in Portugal
Appliances and electronics specialists managed to achieve only marginal value growth in Portugal in 2024, which is attributed to several reasons. The rising popularity of retail e-commerce is one factor affecting in-store sales, as consumers are able to access a wide range of products and brands and ... Read More
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Appliances and Electronics Specialists in Taiwan
Appliances and electronics specialists saw falling value sales in Taiwan in 2024. Traditional retailers like Tsann Kuen and E-Life Mall are facing increasing competition, as consumers become more accustomed to online shopping. Platforms such as PChome and Momo are gaining popularity, enabling shoppe ... Read More
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Appliances and Electronics Specialists in New Zealand
Appliances electronics specialists in New Zealand were hit by the delay in making large purchases over 2024. Despite the annual inflation rate falling and consumer prices rising less than economist's forecasts, Statistics New Zealand indicated an ongoing stickiness in domestic prices over 2024. Appl ... Read More
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