Consumer appliances maintained solid retail volume growth in Vietnam in 2020, with a growth rate only marginally lower than that seen in the previous year. However, the performances of major appliances and small appliances widely diverged. Consumer Appliances in Vietnam report offers a comprehensive guide to the size and shape of...
Overall sales of consumer appliances came under serious pressure during 2020 as demand in all categories was adversely impacted by the negative impact of the COVID-19 pandemic. As the pandemic situation unfolded over the course of the year, consumer spending behaviours became very conservative as the adverse economic environment that unfolded...
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....
Consumer appliances was negatively affected by Coronavirus (COVID-19) in 2020. All categories registered a decline in retail volume sales over 2020, many for the first time in the review period, although product types that improve home living and hygiene, offer entertainment or facilitate family activities, especially around meals, or more...
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...
Given that growth in consumer appliances volume sales in Germany was already stagnating due to the high household penetration of many product types, the COVID-19 pandemic unsurprisingly resulted in a negative performance for the market as a whole in this regard in 2020. There were mixed factors at play, however, and it was not just a straightforward...
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 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...
Consumer appliances will witness a strong decline in 2020 due to COVID-19. The pandemic resulted in thousands of job losses and economic hardship across the country. This led to many households limiting their purchases to essential products, such as food and personal/home-hygiene items. Consumer appliances are generally not considered essential...