Consumer Appliances

Demand for consumer appliances started to cool in 2022 following two years of strong growth due to the pandemic and stay-at-home lifestyles. Retail volume decline was primarily caused by reduced demand for small appliances as consumers shifted their…

Total volume sales in consumer appliances continued to decrease in 2022, after a trend of additional purchases made during the height of the COVID-19 pandemic in 2020-2021, when Austrian consumers spent extra money on their homes. This was triggered…

After optimistic expectations of consumer demand for the year, manufacturers and retailers of consumer appliances have experienced lower than projected sales in 2022. Following strong growth in sales in the previous two years, with consumers sitting…

In 2022, Japan has begun to see less impact from the COVID-19 pandemic. It might have been a slower and weaker recovery compared with most of the world, but the situation improved from 2021. 2020 was a year of panic and heavy home seclusion. The…

Consumer appliances in the Philippines experienced a mixed performance in 2022. The ongoing rollout of the country’s vaccination campaign helped to ease pandemic-related restrictions and consumers’ confidence in spending time outside of the home,…

Concerns around inflation and rising food prices took centre stage in 2022. In the wake of Russia’s invasion of Ukraine, food inflation spiked, which had a significant impact on consumer spending in South Africa. Overall year-on-year inflation…

2022 sees positive sales growth across almost all categories of consumer appliances after very strong sales growth was registered at the peak of the COVID-19 pandemic toward the end of the review period. With hybrid working arrangements remaining in…

According to Euromonitor International’s Lifestyles survey, consumers in Brazil have been living more home-centred lifestyles. In comparison with 2019, in 2022 they are cleaning their homes, working and entertaining at home more often than in…

2021 was a good year for sales of consumer appliances in Mexico with the pandemic forcing people to spend more time at home, while schooling remained on a hybrid basis (one week at school followed by one week at home) until March 2022. Many companies…

Consumer appliances, as a product area as a whole, is set to record slightly lower retail volume and value growth in 2022 compared to 2021. This slight downturn in performance was caused by the second major outbreak of COVID-19 in Taiwan in May 2022,…

After two years of strong growth, consumer appliances is set to see a decline in volume sales in 2022, with major appliances being particularly affected. A significant proportion of consumers had already replaced their old appliances and invested in…

As high inflation swept through Europe during 2022, consumers in Poland faced dramatic increase in the cost of living and this had major consequences for the country’s consumers appliances market. On the supply side, the leading manufacturers,…

Consumer appliances are seeing substantial price hikes of at least 5% in Malaysia in 2022. Inflationary pressures directly follow global lockdowns, with rising costs of raw materials and components, and supply and logistics issues further…

Following strong growth in 2021, both in value and volume terms, consumer appliances is set to see a decline in retail volume terms in 2022, although sales should still remain higher compared to pre-pandemic levels. Consumer appliances continued to…

Inflation and the increasing cost of living have been major concerns for consumers in 2022. According to Reserve Bank of India’s Consumer Confidence Survey in September 2022, respondents expressed pessimism about their current income compared with…

Consumer appliances in Hungary has faced significant headwinds in 2022. Most notably, household purchasing power has fallen and unit prices across the market have risen sharply due to soaring inflation fuelled by the global recovery from the…

Consumer appliances in Egypt will record double-digit retail value sales in 2022, despite the drop in volume sales of major appliances. The industry is faces with several challenges, which are forcing them to raise their retailing prices by between…

COVID-19 has had a contradictory impact on consumer appliances in Israel in 2020, 2021 and 2022. Although the pandemic resulted in higher rates of unemployment, movement restrictions led consumers to spend less money on clothes, vacations, hotels,…

Consumer appliances in Indonesia has recorded stronger volume growth in 2022 than in the previous year, largely thanks to an increase in economic activity after suffering through the COVID-19 pandemic since early 2020. The purchasing power of…

Consumer appliances saw strong growth in retail volume terms during 2020 and 2021 with the pandemic and the resulting home seclusion encouraging consumers to invest in home improvements. This positivity was relatively short lived however, with retail…