Global Household Cooking & Appliance Manufacturing
The recession led to falling consumer spending in developed economies, which resulted in falling industry revenue. Since demand from developed countries has remained subdued, operators have begun to focus on emerging economies, where rising disposable incomes have boosted demand for household appliances. Over the next five years, the improving global economy will encourage increased consumer spending on industry products. Companies will outsource production to achieve lower per-unit costs, helping revenue grow in the coming years.
Companies in this industry manufacture both major and small electric appliances for household use. Products manufactured by the industry include laundry equipment, refrigerators, freezers, dishwashers, irons, food mixers, humidifiers and shavers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.