The COVID-19 pandemic has exerted 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 very strong restrictions: people were forced to remain in their homes unless they had a valid reason to go outside. Permissions to leave the home needed...
Sweden adopted distancing recommendations rather than introducing a widespread lockdown to combat the spread of COVID-19 in 2020. Stores, cafés, and restaurants remained open during the year; nevertheless, household purchasing patterns have changed and adapted to a lockdown scenario as consumers sought appliances that accommodate the stockpiling...
The volume sales performance of consumer appliances was mixed in 2020 although there was a small fall overall. Due to the outbreak of COVID-19, consumers were much less motivated to go out, leading to a considerable rise in the share of e-commerce, especially for vacuum cleaners and even for some large appliances such as dishwashers. Consumer...
The emergence of COVID-19 in Malaysia prompted the government to introduce lockdown measures in the form of the Movement Control Order (MCO) in an attempt to control the spread of the virus. These measures included the closure of non-essential businesses and retailers, manufacturing and construction, and the closure of offices and schools...
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...
In 2020, volume sales of major appliances were adversely affected by store closures, economic uncertainty and supply issues related to the outbreak of COVID-19. However, freestanding fridges and freestanding freezers performed particularly well early in the year due to consumers’ concerns over storage capacity at home during the lockdown as...
Due to the outbreak of COVID-19 in 2020, consumer appliances recorded a volume decline of 3%, compared to positive growth of 2% in 2019. This was the result of the slowdown in economic activity, with expatriates losing jobs, companies downsizing and consumers delaying their purchases due to increased price-sensitivity and financial insecurity....
COVID-19 had a significant negative effect on demand for consumer appliances in Mexico during 2020. The pandemic led to a plunge in consumer confidence during the spring, with no more than a partial recovery during the latter part of the year, and this made consumers more reluctant to purchase big ticket items like large consumer appliances. Consumer...
The COVID-19 pandemic had a strong negative impact on sales of consumer appliances in the Philippines during 2020. Volume sales dropped sharply as soon as the initial quarantine lockdown period was announced during the second week of March and remained in the doldrums for the rest of the year. Consumer Appliances in Philippines report...
Consumer appliances in Australia were impacted by the COVID-19 virus in 2020, with the country going into lockdown in the initial stage of the outbreak in March. Consumer confidence remained low and disposable income has been impacted by the unstable financial situation and the announcement of the recession in mid-2020. Major appliances experienced...