Consumer Appliances

Home seclusion, one of the most relevant consequences of COVID-19, had a strong impact on the demand for consumer appliances in Brazil in 2020. On one hand, with more time spent at home consumers were encouraged to update their existing consumer ...

Whirlpool Corp is a top 10 manufacturer of consumer appliances globally. Its strength lies in major appliances and the North American market. While the COVID-19 pandemic has upended much of the industry worldwide, Whirlpool has maintained its ...

This report examines retailing shifts in the consumer appliances industry between 2015-2020, including the impact of the COVID-19 pandemic on industry performance and on sales across non-store and store-based retailing....

Electronics and appliance specialist retailers have been heavily impacted by COVID-19 in 2020. The most direct cause of the sharp drop in sales has been the shuttering of stores from March to July, as the government struggled to contain the virus by ...

Small appliance categories saw varying performances in Asia Pacific in 2020 due to Coronavirus (COVID-19). Air treatment products saw a steep decline, for example, but vacuum cleaners recorded a much-improved performance. The former was hit by retail...

Growth in major appliances went into reverse in Eastern Europe in 2020 due to the impact of Coronavirus (COVID-19) and the measures taken to try and control its spread. In addition, consumers were increasingly looking for cheaper or economy products ...

Major appliances recorded declining sales in Asia Pacific in 2020 as a result of Coronavirus (COVID-19) and the measures taken to contain its spread. However, some products were still seeing positive growth rates, with dishwashers, automatic dryers ...

With sales already struggling due to maturity in many of its categories, major appliances recorded a sharp decline in Western Europe in 2020 as a result of Coronavirus (COVID-19) and the measures taken to contain its spread. The economic impact of ...

The small appliances market was less impacted by the Coronavirus pandemic compared to major appliances. It registered a decrease of 1.9% compared to 6.5% for the latter. A major driver was consumers buying small appliances to help with daily ...

In general, demand for consumer appliances was negatively affected by COVID-19 during 2020, primarily due to its impact on consumer confidence. With consumers reining in their discretionary spending and postponing big-ticket purchases, demand for ...

Given that growth in consumer appliances volume sales in Germany was already stagnating due to the high household penetration of many product types, the COVID-19 pandemic unsurprisingly resulted in a negative performance for the market as a whole in ...

COVID-19 had a significant negative effect on retail volume sales of consumer appliances in Egypt during 2020, as lockdown measures resulted in a significant contraction in economic activity. This significantly affected consumer confidence, leading ...

LG continues to innovate its product, from major appliances to small appliances. This drives the firm’s sales in the global market. To extend its market presence, LG introduces premium and built-in appliances for developed countries and invests ...

The report covers the five major consumer appliance categories, and considers the current state of the market, demand drivers and forecast to 2025. It examines the five key trends shaping major consumer appliances: Sustainability, new business ...

Retail volume sales of consumer appliances in Saudi Arabia faced two significant headwinds during 2020 – COVID-19 and a hike in the rate of value added tax (VAT) from 5% to 15% that was implemented in July. The pandemic led to an increase in ...

The rate of growth in retail volume sales of consumer appliances was almost unchanged between 2019 and 2020. However, this masks a significant divergence in performance between major and small appliances: Retail volume sales of the former declined at...

A weak performance by consumer appliances in 2019, driven by a depressed housing market and low consumer confidence, was exacerbated by the emergence of the pandemic and subsequent lockdown in 2020, which resulted in stronger declines across the ...

Due to the outbreak of COVID-19 in 2020, consumer appliances recorded a volume decline of 3%, compared to positive growth of 2% in 2019. This was the result of the slowdown in economic activity, with expatriates losing jobs, companies downsizing and ...

Consumer appliances will be negatively impacted by the COVID-19 pandemic in 2020 overall as volume sales decline drastically. The main reason for this is due to the economic repercussions of the pandemic as Portugal is a country with a high ...

Overall, consumer appliances has been negatively impacted by the outbreak of COVID-19, as most product areas have witnessed volume decline. The main reason for this has been due to store closures due to lockdown regulations. Between the months of ...