Prior to the emergence of the pandemic, Chile had already experienced notable disruption with the last quarter of 2019 seeing a social outbreak that impacted the performance of consumer appliances, resulting in low volume decline. Various protests including looting and vandalism, resulted in disruption to transport, supply chains and distribution. Consumer...
Negative sales growth was recorded across consumer appliances in Singapore during 2020 as the COVID-19 pandemic had a generally negative impact on sales. Major appliances was hardest hit, with built-in major appliances recording particularly serious volume sales declines as delays in the completion of residential housing developments due to...
Consumer appliances in Spain witnessed double-digit drops in both current value and retail volume terms in 2020, attributed to the impact of the pandemic and subsequent lockdown for several months from March. While non-essential retailers, such as dominant distribution channel electronics and appliance specialist retailers, were forced to...
Restrictions on movement, particularly between April and June when strict lockdowns were in place in major cities, forced consumers to stay at home, which temporarily negatively impacted demand in 2020. However, demand for consumer appliances has been more permanently and severely hit by the negative impact of Coronavirus (COVID-19) on consumers’...
Overall, consumer appliances has been negatively impacted by the outbreak of COVID-19, as most product areas have witnessed volume decline. The main reason for this has been due to store closures due to lockdown regulations. Between the months of March and April, all non-essential stores were forced to close which meant consumers had limited...
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...
Retail volume sales of consumer appliances in Saudi Arabia faced two significant headwinds during 2020 – COVID-19 and a hike in the rate of value added tax (VAT) from 5% to 15% that was implemented in July. Consumer Appliances in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level....
COVID-19 had a significant negative effect on retail volume sales of consumer appliances in Egypt during 2020, as lockdown measures resulted in a significant contraction in economic activity. This significantly affected consumer confidence, leading many consumers to rein in their discretionary spending. Consumer Appliances in Egypt...
A weak performance by consumer appliances in 2019, driven by a depressed housing market and low consumer confidence, was exacerbated by the emergence of the pandemic and subsequent lockdown in 2020, which resulted in stronger declines across the market, despite some signs in January that sales of consumer appliances were starting to pick up. Consumer...
COVID-19 had a broadly negative impact on consumer appliances in the Czech Republic in 2020. Growth in total volume sales was marginal, slowing sharply from 2019 and finishing well below the CAGR for the entire review period. This was primarily because the economic shock of the pandemic drove consumers to abruptly reduce spending, particularly...