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Learn moreDec 2020
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With many consumers forced to remain at home for several months during the initial lockdown period in Spain, the convenience trend, which had continued to drive demand for microwaves pre-pandemic, was not as obvious or deemed as essential, with home cooking and preparation key to driving usage of larger cooking appliances. This resulted in a significant decline in retail volume sales of microwaves, with non-essential stores such as electronics and appliance specialist retailers closed, while the larger distribution channel of hypermarkets suffered reduced footfall as consumers shied away from spending time in huge stores which tend to encourage longer browsing time due to its wide range of non-grocery items.
Freestanding microwaves continued to drive demand for the category, dominating volume and value sales, while built-in models suffered more pronounced drops in comparison, as all kitchen renovations stopped during the lockdown, while the construction of new homes also stopped during the first weeks. Nevertheless, while built-in formats of major appliances were gaining in popularity towards the end of the review period following certain design trends, demand for built-in microwaves was already starting to wane in 2019; these appliances are smaller in comparison to large cooking appliances and can easily be stored away or placed in a utility area when not in use.
The competitive landscape in microwaves remained highly fragmented in 2020, with a large number of brands and a significant private label presence. LG Electronics España strengthened its lead in retail volume share terms in 2020 due to its wide-ranging portfolio and the attractive design of its devices, despite declining demand.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Microwaves industry in Spain with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Microwaves industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Consumer Appliances market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.