Following a decline at the height of the pandemic in 2020, demand for consumer appliances improved in 2021, as the economy began to recover from a disastrous year of turmoil. The resumption of sales of non-essential products, combined with the development of e-commerce, facilitated volume growth across all categories. Consumer Appliances...
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 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...
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...
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...
The Coronavirus (COVID-19) pandemic has remained a constant factor and influence on the performance of consumer appliances during 2021. Restrictions have remained in place, leading consumers to continue to work at home, thereby increasing the demand for many types of consumer appliances. Moreover, distance learning, which started at the end...
Restrictions imposed to contain COVID-19 were still in place in Hungary in the first half of 2021, as the disease continued to spread. Consumers continued to spend considerably more time at home than prior to the outbreak of COVID-19, with many people working remotely. Consumer Appliances in Hungary report offers a comprehensive guide...
The overall trend in 2021 is that while volume growth is expected to be positive, it is down from the bumper volume sales in 2020. With people confined to home for much of 2020, they were prepared to invest any excess money in upgrading consumer appliances. However, with society gradually opening up in 2021, and therefore more time being spent...
In the first half of 2021, general consumer demand for major appliances surged as economic uncertainty eased with declining COVID-19 cases. Due to significant disposable incomes built up from stimulus checks and pandemic-induced savings, consumers have prioritised investing in the home with purchases of major appliances. Consumer Appliances...