Consumer Appliances

Who Dominates Global Built-In Refrigeration Appliances Sales?

by November 23rd, 2016

Global built-in refrigeration appliances sales grew 3% year-on-year in 2015/2016, outperforming the 1% growth in freestanding refrigeration appliances. Dominated by Western Europe firms, world built-in refrigeration appliances sales are projected to reach seven million units in 2021, largely driven by Western Europe’s growth. Germany, Italy and the UK will be the three largest markets, with […]

Asia Pacific Accounts for More than 44 Percent of Global Appliances Volume Sales in 2016

by November 21st, 2016

SINGAPORE –Global market research company Euromonitor International released today new data on the global consumer appliances industry. According to the new research, the consumer appliances industry is expected to grow by 3 percent in retail volume terms to reach 2.6 billion units sold in 2016. While Eastern Europe and Latin America continue to struggle, Asia […]

Dial Up: Smart Washing Machines and Customisable Laundry Settings

by October 27th, 2016

There were 219 million households registered in the EU28 in 2015, with almost a 96% possession rate for automatic washing machines, which equated to an operational machine population of some 209 million units in 2015. Laundry appliances’ purchasing drivers are multiple and although price will remain one of the most powerful, consumers have, it appears, […]

Introduction to Euromonitor Quarterly Global FMCG Industry Forecasts

by and October 19th, 2016

In Q3 2016, the global economic outlook declined as mounting uncertainty in Europe, the UK and the US outweighed any boost from the BRICs. This quarter, fast moving consumer goods (FMCG) forecast growth revisions from Euromonitor International’s Industry Forecast Model generally point to marginal retail sales downgrades through 2020.

Midea’s Moves in Connected Appliances Development and Suggested Next Steps

by September 20th, 2016

Realising the great opportunities offered by the Internet of Things (IoT) and Industry 4.0, Midea Group Co Ltd has established a “dual-smart” corporate strategy to develop connected appliances in the direction of smart appliances and connected manufacturing in 2015. Although LG Corp and Samsung Corp are still leading global connected appliances development, Chinese rivals, including […]