Overall sales of major appliances, including home laundry appliances, registered a sharp double-digit growth by the end of 2017, due to the fiscal stimulus policy of the government, which brought about a number of tax exemptions for durable goods and real estate. However, as economic unease became significant, many Turkish consumers who aimed...
The global radiant cooktop market is estimated to generate revenues of more than $7 billion by 2024, growing at a CAGR of over 5% during 2018-2024. The growing adoption of smarter technologies, higher number of energy efficient products, rapid urbanization, and the increasing number of households are some of the factors driving the...
In 2018, consumer appliances in Malaysia continued to record positive retail volume growth, with sales driven by both major and small appliances. As most categories in major appliances have yet to reach maturity, growth was driven not only by the replacement of old units but also by purchases made by new consumers. Due to the rising cost of...
The global AI-enabled kitchen appliances market is anticipated to reach revenues of more than $600 million by 2024, growing at a CAGR of more than 49% during 2018-2024. Leading vendors such as Samsung, LG, Kitchen Aid are investing in AI enabled smart appliances such as smart refrigerators, ovens, and dishwashers to attract the maximum...
India Dishwashers Market By Type (Free-Standing Dishwasher and Built-In Dishwasher), By Distribution Channel (Multi Branded Store, Exclusive Store, Hypermarket/Supermarket, and Online), Competition Forecast & Opportunities, 2013 – 2023 According to “India Dishwashers Market By Type, By Distribution Channel, Competition...
This report analyzes the worldwide markets for Commercial Laundry Machinery in US$ Thousand by the following Segments: Washers, Commercial Dryers, Presses, and Dry Cleaning Equipment. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual...
Socioeconomic trends are shaping consumer appliances in Sweden. The rise of single- and two-person households is resulting in specific demand for appliances suited to confined living spaces. This is reducing volume sales but raising unit prices. It is also supportive of a multifunctionality trend in appliance development, although trends towards...
Retail volume growth of consumer appliances continued to grow positively in 2018 in Morocco, benefitting from rising consumer confidence due to the improving overall economic condition in the country. Many white appliances including refrigeration, dishwashers, and home laundry care appliances benefitted from tax cuts from the government, which...
Russian consumer appliances continued to make gains after a major collapse in 2015 and a sluggish performance in 2017. Retail volume growth was a logical consequence of a fairly stable economic environment in 2017 and the second part of 2018, following the volatility of the local currency. As a result, consumption of various goods and services...
Over the forecast period, demand within consumer appliances in Hong Kong is expected to remain stable. Because demand is mainly driven by replacement cycles, volume growth rates are expected to be moderate, especially those for major appliances with long life cycles. While “connectivity” has been a focal point for new launches and news stories...