Change in Consumer Lifestyles in Asia Pacific Triggers Volume in Robotic Vacuum Cleaners

by December 7th, 2016

Over 2016-2021, China is still expected to be a leading country in terms of absolute volume growth in robotic vacuum cleaners in Asia Pacific, with volume growth of 1.6 million units, followed by Japan and Thailand. In Asia Pacific, there are various reasons driving the growth in these countries apart from the universal preference for […]

Emerging Countries Lead Consumer Appliances Production Volume

by November 26th, 2016

Emerging markets led by China, Poland, Turkey and Indonesia posted highest absolute volume growth in production of consumer appliances, over 2011-2016. Among these, Poland and Indonesia show the highest year-on-year growth in 2016, driven by strong demands in local markets as well as higher growth in export volume. Despite slower growth in China, the country […]

Samsung Corp Announces Acquisition of Dacor Inc.

by August 18th, 2016

In August 2016, Samsung Corp announced the acquisition of Dacor Inc in consumer appliances. Both companies are compatible in terms of product offering as well as target consumers in the US. By acquiring Dacor, Samsung gains a number of advantages, namely leveraged brand and product strategy especially in large cooking appliances, shared production capacities and […]

Trends in Small Cooking and Food Preparation Appliances

by July 23rd, 2016

According to Euromonitor International data, small cooking appliances and food preparation devices are expected to grow robustly over the next five years. Manufacturers are using new technology in order to satisfy consumer demand; mini-versions of products being a prime example. SEB Group recently launched various sizes of its light fryers, targeting two-person households. Oster, Ninja […]

Growth in All-in-One Small Appliances

by February 7th, 2016

  Smaller households are growing demand for all-in-one small appliances such as all-in-one food processors and countertop mixers – thus negating the need to purchase many different appliances with one function. Similarly, double-function vacuum cleaners, which combine stick vacuum cleaners and handheld vacuum cleaners have performed well in Japan. It is projected that manufacturers will […]

The Growth of Affordable Small Appliances in Emerging Markets

by May 27th, 2015

Affordable small appliances enjoyed growth from 2009-2014, mainly due to increased disposable incomes as well as increased appearance awareness. Unlike developed markets like in the US, France, Germany and Japan where luxury convenience products have posted high growth, price sensitivity remains a key factor in emerging markets. Affordable small appliances enjoyed growth from 2009-2014, mainly […]