Natural Machines - Tech Innovator Profile Summary Natural Machines is a technology startup offering 3D food printing machines. The company released its first product, Foodini, a 3D printer to produce personalized food. Scope The report provides information and insights...
Overall, sales of consumer appliances were negatively impacted by the impact of COVID-19 during 2020, with demand falling slightly as a result of subsequent lockdown measures and rise in consumer price sensitivity and uncertainty. While non-essential retailers, such as channel electronics and appliance specialist retailers, were unable to...
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...
In response to COVID-19 and the ongoing economic crisis, Ukrainian consumers increased their focus on essential items at the expense of relatively costly appliances such as air conditioners. On the other hand, sales of air treatment and vacuum cleaners (steam mops) spiked initially as consumers looked to make their homes safe again. Indeed,...
As a result of the COVID-19 lockdown, consumers spent far more time at home and thus did not feel the need to wash as often and maintain their appearance. Many offices require employees to wear formal or business casual attire, typically resulting in one outfit per day for work and a more casual outfit for home. Regular exercise also typically...
Microwaves sales in Ukraine declined in 2020 as a result of rising consumer price sensitivity and a consequent shift away from non-essential purchases. However, there was an initial spike in demand during the quarantine, with many consumers who were not used to cooking at home opting for quick and convenient ready meals. Given their greater...
Personal care appliances saw a decline in sales in 2020 during the nationwide COVID-19 lockdown in response to the pandemic, which forced store closures of electronics and appliance specialist retailers. Particularly strong declines were recorded by electric facial cleansers and hair care appliances as consumers stayed at home. Therefore,...
Vacuum cleaners volume sales continued to increase during 2020, despite the COVID-19 crisis, as consumers spent more time in their homes during the quarantine and thus cleaned their apartments more frequently. Moreover, consumers also tried to keep their apartments clean in order to maintain hygiene standards in light of fears of virus contamination. Vacuum...
Across India, refrigeration appliances are increasingly seen as a necessity rather than a luxury, with consumers from second- and third-tier cities and rural areas also aspiring to purchase such products. Sales are further supported by credit availability, seasonal discounts and affordable pricing in non-metro cities in the country. Refrigeration...
Despite a slight decline in volume sales compared to the previous year, food preparation appliances continued to see strong sales in India in 2020, with blenders and food processors remaining the most popular. The outbreak of COVID-19 brought about an intense lockdown in the country from the last week of March until early May 2020, followed...