Watch Demo

Saint Lucia Home Appliance Industry Outlook 2022 - 2026

See how Saint Lucia Home Appliance performed compared to key markets such as the United States, Germany and Japan.

Key Market Indicators

Demand for home appliances in St. Lucia is expected to grow by 2.5% on average each year until 2026, up from $755,450 in 2021. Since 1997, demand has increased by 1% per year. As of 2021, St. Lucia was ranked 124th in the world for home appliance imports, falling behind Seychelles, which had imports of $755,450 that year. Germany, Japan and France were ranked second, third and fourth, respectively. Meanwhile, exports of home appliances from St. Lucia are expected to decrease by 11.1% annually until 2026, down from $5,720 in 2021. Since 1997, supply has dropped by 15.7% per year. As of 2021, St. Lucia was ranked 105th in the world for home appliance exports, behind Senegal, which had exports of $5,720 that year. Germany, Malaysia and the United States were ranked second, third and fourth, respectively.

Saint Lucia Home Appliance Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

  • Domestic Appliance Trends: Delving Into Market Size, Development, and Future Projections

    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...

    Read more
  • Domestic Appliance Sector: Revelations from Retail, Kitchen, and Market Trends

    Retail 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...

    Read more
  • Domestic Appliance Sector: Diversified Trends Shaping Kitchen, Laundry, and HVAC Markets

    Technology 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...

    Read more
  • Exploring Trends and Opportunities in the Built-in Kitchen Appliances Market

    The 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...

    Read more
  • Domestic Appliances: Analyzing Market Trends and Future Outlook

    The 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.

    Read more