Our September sale is now live until 30th September 2021! Apply a 15% discount to your cart in Store using promotional code: EQLYSEP21
Home and Technology Our insights capture shifts in consumer lifestyles and themes impacting the global home and technology markets, including new business models, sustainability, innovation and the future home.

Rising Prices in Consumer Appliances

7/12/2011
Euromonitor International Profile Picture
Euromonitor International Bio
Share:
 

The announcement of Electrolux's intention to raise the prices of its consumer appliances should come as no surprise, states Lorenza Della-Santa, Euromonitor International's Consumer Appliance Industry Analyst. Electrolux and Whirlpool already raised their prices once in the past year due to the rising costs of raw materials. Jon Wright, Head of Global Retailing Research, says that retailers will have to ask themselves two questions: will consumers still buy appliances after prices rise, and if not, will the retailers absorb the new costs pushed onto them by the manufactures? With internet retailing becoming a worldwide trend, store-based appliance retailers will have to remain competitive even with rising unit prices.

This video is also available on View our YouTube Channel

 

Interested in more insights? Subscribe to our content

Latest Insights

Tissue World Magazine Virtual Conference

Euromonitor International 20 September 2021

Domestic Hygiene in Developing Markets

Anjali Jain 07 September 2021

Shop Our Reports

Afh Tissue: Global Business Dynamic and Demand

The global AFH market saw a weak performance during 2020 and 2021. The coronavirus (COVID-19) pandemic forced consumers to stay in their homes and reduce the…

View Report

Traditional Toys in Asia Pacific

Before the pandemic, Asia Pacific was fastest growing traditional toys market with significant room for growth due to the low spending per household on…

View Report

Voice of the Industry: Consumer Electronics 2021

This report surveyed industry experts on how they are trying to reinvent the business and shared their plans to move production away from China.

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More