Cost inflation and rising interest rates are expected to exert strong pressure on disposable income levels and purchasing power and weaken consumer confidence. As in other areas of consumer appliances, a tough economic situation is predicted to have a negative impact on forecast period demand, with households becoming more cautious in their spending patterns and habits.
Multifunctional products are set to continue to cannibalise sales within food preparation appliances. This trend is likely to remain most visible in juice extractors, with blenders, mixers and food processors offering the same functionality.
The projected growth in the number of single- and 2-person households is also an important factor in the growing importance of design in food preparation appliances. As an increasing number of households reside in confined living spaces with limited storage space, there food preparation appliances tend to be “on display” in kitchens.
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Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Food Preparation Appliances industry in Norway, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)See All of Our Definitions
This report originates from Passport, our Food Preparation Appliances research and analysis database.
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