The domestic appliance market, a vibrant sector in the global economy, is demonstrating considerable growth. The rise can be attributed to several factors, such as the increased per capita income, growth of the urban population, consumer awareness and advancements in appliance technology. While factual figures of market size differ among...
Discover more insightsRetail performance continues to significantly influence the domestic appliance sector. With a considerable shift to online and digital transactions due to the pandemic, digital retail platforms have become increasingly dominant in shaping market trends. Prominent brands are leveraging technology to distinguish themselves and compete. Consequently, retail strategies are impacting consumer...
Discover more insightsTechnology is reshaping the kitchen appliances sector. Advancements such as IoT integration, energy efficiency and smart features, are prompting shift in consumer preferences. Consumers are increasingly investing in smart, energy-efficient kitchen appliances that offer convenience and improved functionality. Manufacturers are responding to this shift by producing innovative products, thus fueling...
Discover more insightsThe built-in kitchen appliances industry is currently witnessing an upsurge, largely propelled by factors such as technological advancements, rapidly changing consumer preferences, and increasing disposable income. Notable advancements include energy-efficient appliances and smart, multi-functional devices that serve multiple cooking needs yet can accommodate space constraints. Additionally, consumers desire for a...
Discover more insightsThe home-based appliances market is presently experiencing notable growth. This can be primarily attributed to the increasing worldwide population, escalating urbanisation, and technological advancements. E-commerce platforms have also revolutionised the way domestic devices are sold, providing consumers with an extensive array of options while comparing prices right at their fingertips.
Discover more insightsThe worldwide market for household slicers, an indispensable part of kitchen appliance sector, stays heavily influenced by factors such as increased demand for time-saving products, heightened home cooking trends, and rising disposable income of consumers. Advancements in the technological ability of these appliances, combined with their growing availability in emerging...
Discover more insightsThe advent of the Covid-19 pandemic has precipitated significant shifts in the household appliances market. Lockdown and quarantine protocols have caused a surge in home cooking, home improvement projects, and an increased reliance on domestic appliances, as a larger number of consumers found themselves confined to their homes. This translated...
Discover more insightsThe global sector for compact kitchen gadgets is currently experiencing robust growth. This is primarily attributed to increased consumer demand fuelled by factors such as rising income levels, urbanization, and heightened interest in culinary pursuits. The rapid expansion of the e-commerce industry, offering consumers a varied and accessible range of...
Discover more insightsWithin the automotive manufacturing realm, the Body-in-White component (BIW), essentially the vehicle's frame, is paramount. Its significance lies in its contribution to vehicle stability, safety, and weight. As one of the primary facets of the production process, BIW takes center stage in determining a car's overall performance. Increasingly, market trends...
Discover more insightsThe global crisis caused by COVID-19 has led to a substantial change in the appliance repair market size. A significant shift towards home-based work and quarantine measures has amplified the usage of home appliances. Consequently, the increase in the frequency and intensity of appliances usage has surged the demand for...
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