The deteriorating economic climate in Sweden with rising inflation, rising interest rates, and weakening disposable income levels is likely to limit demand for large cooking appliances. Households are expected to be more cautious in their spending patterns and will likely forego spending on big ticket items such as large cooking appliances, unless out of necessity, such as when their old appliance breaks.
Manufacturers will likely continue focus on innovation in an effort to encourage new purchases, with connected large cooking appliances likely to take centre stage. Connected products not only add significant value but they also offer a clear incentive for consumers to upgrade, with connected ovens picking up significant share since the start of the pandemic.
Innovation and new product development will likely also focus on multifunctionality, with consumers likely to look for large cooking appliances that offer greater convenience and represent added value. For example, 2022 saw the launch of the new SMEG Omnichef line of ovens with the Galileo function.
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Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Sweden with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.See All of Our Definitions
This report originates from Passport, our Large Cooking Appliances research and analysis database.
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