Consumer Appliances

2020 was a volatile year for the consumer appliances industry. In March 2020, most companies were focused on cost cutting, not knowing that demand would increase exponentially in Q3 and Q4. Our research in 2020 was not able to fully capture this ...

The global health crisis brought home hygiene into focus and consumers relied on appliances to ease the load. Companies responded with new or re-pitched propositions and had the opportunity to showcase their products’ ability to deliver effective ...

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 ...

Midea Group’s lead in global consumer appliances was cemented in 2020 by strengths in product development, channel deployment and supplies. Acquired brands Toshiba and Eureka play forefront roles in overseas battlefield while Midea and Little Swan ...

In a world that now seems more about disruption than stability, it is always better to be the disruptor than the disrupted - and that means pushing horizons outwards. Strategy needs to be built as part of a wider consumer system rather than at ...

2020 was a volatile year for the consumer appliances industry. In March 2020, most companies were focused on cost cutting, not knowing that demand would increase exponentially in Q3 and Q4. Demand in 2021 is expected to remain robust, boosted by ...

The global outlook has improved as of Q1 2021, thanks to vaccination progress in many developed countries. Nevertheless, the recovery prospects remain distant for most economies in the face of the spread of new, more infectious variants of the virus....

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 ...

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 ...

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 ...

Smart home is one of the most appealing topics in Home & Tech-related industries but also a concept that is often misrepresented. This briefing defines smart home as powered by artificial intelligence (AI) enabled appliances that are capable of ...

Haier Group is a world leader in major appliances and air conditioners. Acquisitions and agile responses to changing consumer needs have helped Haier secure growth even in difficult market conditions. A multi-brand line-up allows Haier to target ...

The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending ...

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