Iceland Home Appliance Industry Outlook 2022 - 2026

Key Market Indicators

Icelander Home Appliance Import is projected to hit $10.9 million by 2026, growing at an average rate of 2.7% year on year. Since 1993, the country has seen an annual increase of 7.8%. In 2021, it came in at 84th, outranked by Bosnia and Herzegovina at $9.3 million. Germany, Japan and France were the top three countries in the ranking. Icelander Home Appliance Export is predicted to reach $136,710 by 2026, 4.1% more than the 2021 figure of $106,760. Since 1997, the country's supply has grown by 23.1% annually. Last year, it was 79th, overtaken by Macedonia at $106,760. Germany, Malaysia and the US held the top three spots in this ranking.

Iceland 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...

  Discover more insights

• 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...

  Discover more insights

• 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...

  Discover more insights

• 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...

  Discover more insights

• 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.

  Discover more insights