The BRIC countries are amongst the top five largest markets for washing machines. This trend is evident in China where due to increased disposable incomes, semi-automatic washing machines are expected to see steep sales decline while automatic washing machines are set to show double-digit volume growth over 2012-2017. In contrast, the lower priced semi-automatic washing machines will continue to generate strong sales in Brazil and India.
After falling for two years, Asia Pacific sales of small appliances recorded positive, albeit very modest, growth in 2022, with the dynamic Indian market…
View ReportChina’s struggles with the Omicron variant across much of the year meant that sales of major appliances declined in 2022, resulting in slightly negative growth…
View ReportToys and games remains resilient, despite rising inflation driven by the war in Ukraine. Demand for digital entertainment and the growing use of social media…
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