China’s demand for Household Appliances has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
The COVID-19 pandemic has had a very significant impact on daily life in Morocco, as well as on personal finances and the national economy. The government responded to the pandemic with tough measures in 2020, with people forced to remain in their homes unless they had a valid reason to go outside. Permissions to leave the home needed to be...
Although overall consumer appliances saw a fairly static performance in 2021, major appliances saw a solid return to growth. JEMA, a major trade association of electrical manufacturers in Japan which tracks appliances data, as well as industrial electronics data, reported that the FY2020-2021 (April 2020 – March 2021) shipment value of home...
Consumer appliances witnessed a mixed performance in 2020 following the outbreak of COVID-19, with some products seeing stronger retail volume growth while others saw heavy declines. Products which improved the home environment and hygiene, or which delivered convenience, versatility and home comfort, all enjoyed momentum during the lockdown. Consumer...
Consumer appliances continues to record positive demand in 2021, following a particularly strong performance in 2020, as Germans continue to replace or upgrade various appliances as a result of ongoing home seclusion. Small appliances is set to maintain solid retail volume growth in 2021 in Germany, in stark contrast to major appliances, which...
The home appliances market is expected to register a CAGR of more than 4% during the forecast period, 2021-2026, due to rising economies and evolving consumer lifestyles. COVID-19 has disrupted the global supply chain of the major home appliances and consumer electronic brands. China is one of the largest consumers and producers of...
The demand for microwaves significantly improved in 2021, registering double-digit retail volume and current value growth, as the economy began to reopen and many employees returned to their places of work. As a result, the pace of life picked up significantly compared to 2020 when the nation was on lockdown for most of the year. This scenario...
As was the case in 2020, there was a significant divergence in the performance of major appliances and small appliances during 2021. During 2020, retail current value sales of major appliances declined, while the rate of growth in retail current value sales of small appliances accelerated to its fastest rate in eight years. Consumer...
After a disappointing year of decline in 2020, overall retail volume sales of consumer appliances rebounded in 2021 and exceeded the level seen in 2019, albeit with contrasting performances across various categories. Thanks to the improved economy, strengthening consumer sentiment and the rebound in construction and redecoration activities,...
Abstract Household Electrical Appliance Manufacturing in China The industry includes companies that manufacture household electrical appliances such as cookers, water heaters, steamers, fryers, range hoods, food processors, and cleaning appliances. The manufacturing of industrial stoves and other...