Consumer Appliances

The improving economic situation in the country, rising disposable incomes and increased consumer product awareness further supported sales of consumer appliances in Romania in 2019. High-quality, innovative and efficient products were increasingly ...

The consumer appliances industry continued to record growth in both value and volume sales in 2019. The country’s macroeconomic performance and uncertainty stemming from the trade war between the US and China impacted consumption in 2019, with sales ...

Demand for consumer appliances in Turkey continued to decline in 2019 following the termination of the government’s temporary tax exemption on durable goods, which mainly affected major appliances, and the dramatic depreciation of the local currency....

2019 saw consumer confidence returning in the appliances market, as manufacturers depended on promotions to attract consumers and maintain demand. Consumers shifted to standard and economy brands where average unit prices within almost all categories...

South Korean consumers are increasingly seeking personalised and premium products due to changing household sizes towards single-person households and dual-income parents who are more focused on personal satisfaction. Moreover, fine articulate matter...

Colombia experienced a tumultuous few years during the review period, as political turmoil and extreme weather conditions saw a rise in energy prices and VAT amid an economic slump. Consumer appliances saw a sharp decline in growth. However, from ...

Consumer appliances continued to see strong retail volume growth in 2019, bolstered by an improving economy, falling unemployment and rising incomes. Some consumers had delayed purchasing big ticket items during the economic hardship seen earlier in ...

The South African economy is still struggling, as it recovers from slumping into a technical recession in 2018. Additionally, rising fuel prices and taxes have not aided consumer buying power. Furthermore, growth is not expected to improve ...

While there was growing uncertainty about the performance of the Indian economy in 2019, the consumer appliances market managed to maintain strong growth. The market’s expansion was supported by ongoing urbanisation, which contributed to an expanding...

Consumer appliances in the Czech Republic recorded further volume growth in 2019, with sales being driven by favourable economic conditions, low unemployment and rising incomes. Whilst consumers are increasingly opting for quality products, price ...

The positive economic outlook in Hungary continued in 2019, albeit the economy began to show signs of slowing down. The flagship categories and companies within consumer appliances recorded stable growth, while innovation continued to drive interest....

Despite some maturity shown by major appliances such as home laundry appliances, large cooking appliances and refrigeration appliances due to their high penetration and longer replacement cycles, consumer appliances recorded a marginally stronger ...

In 2019, overall consumer appliance sales stagnated but did not decline in Greece. Even though consumer confidence and disposable income remain relatively low, optimism regarding economic prospects since the country exited the memoranda has prompted ...

This report forms Part Two of a 2-part series on sustainability strategies in consumer appliances. This report is a follow-up to Part One, and looks at sustainable solutions within the industry through the lens of company activity and prospects by ...

In 2019, the retail volume growth of consumer appliances in Israel continued to slow. The government’s Buyer’s Price housing plan continued to have a negative impact on major appliances such as large cooking appliances, as many of the new apartments ...

Portugal’s sustained positive economic outlook continues to inspire consumer confidence. A new wave of construction prompts more home renovation and refurbishment projects, encouraging investment in domestic appliances. Consumer appliances showed ...

Consumer appliances retail volume sales continued to increase in Malaysia during 2019, driven by rising demand for both major and small appliances. As most major appliances categories have yet to reach maturity, growth was fuelled not only by the ...

Currently Xiaomi appliances are predominantly sold in China. The company aggressively increases its product portfolio, covering major and small appliances. To aid global expansion, more Mi experience stores are to be opened in Asia, Europe and Latin ...

In 2019, consumer appliances saw considerable growth in retail value and volume, driven by several key factors....

Consumers appliances recorded marginally positive volume growth in 2019, with the multifunctionality trend in small appliances resulting in Swedes buying fewer products but often with multifunctional features. With the ongoing improvement in the ...