Retail current value sales of small cooking appliances exhibited their most rapid rate of growth in almost a decade during 2020. As a result of COVID-19 restrictions, local consumers were spending much more time at home and preparing more meals there.
With many people working from home for an extended period, demand for coffee machines has been particularly strong since the onset of the pandemic. A cup of fresh coffee “like in the office” or in a café provided a bright spot in the monotonous daily routines of many home workers.
Groupe SEB Vostok ZAO remained the leading player in small cooking appliances in 2021. However, it has lost retail volume share since the onset of the pandemic, with ‘others’ i.
While the rate of growth in retail current value sales of small cooking appliances will continue to slow for much of the forecast period, it will remain robust. Given the pandemic-related surge in demand that occurred during the latter part of the review period, a slowdown is inevitable, particularly as the short-term economic outlook for Russia is rather uncertain, with inflationary pressure building.
Coffee machines will remain by far the top performer in small cooking appliances, as local consumers become increasingly interested in having a high-quality coffee experience at home. Demand for espresso coffee machines will be particularly strong.
E-commerce overtook electronics and appliance specialist retailers as the leading distribution channel for small cooking appliances in 2020. It maintained that position in 2021, even though COVID-19 restrictions on retail outlets were eased significantly.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Russia 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 Small Cooking Appliances industry in Russia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.
See All of Our DefinitionsThis report originates from Passport, our Small Cooking Appliances research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!