Consumer Appliances Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies - PowerPoint PPT Presentation

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Consumer Appliances Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies

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Future Market Insights (FMI), in its new study, analyzes the consumer appliances market and offers actionable insights on its growth prospects for the period 2019 and 2029. According to the study, worldwide sales of consumer appliances reached 1.27 billion units in 2018, and are estimated to register a Y-o-Y growth of 3.7% in 2019. – PowerPoint PPT presentation

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Title: Consumer Appliances Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies


1
Global Consumer Appliances Market on a Steady
Growth Trail FMI Provides Projections in Light
of COVID-19 Pandemic in its New Revised Report
  • May 2020

Report Id REP-GB-10083 Published On
25-July-2019 Category Industrial Automation and
Equipment
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Consumer Appliances Market Analysis
Future Market Insights (FMI), in its new study,
analyzes the consumer appliances market and
offers actionable insights on its growth
prospects for the period 2019 and 2029. According
to the study, worldwide sales of consumer
appliances reached 1.27 billion units in 2018,
and are estimated to register a Y-o-Y growth of
3.7 in 2019. The study opines that the impact of
smart technologies is being witnessed in the
market, with many players launching connected and
smart devices to meet consumer expectations. Rapi
d digitalization and strong knowledge regarding
use and efficiency of modern appliances have been
largely contributing to the market growth. Steady
economic growth in several countries and rising
need for comfort are influencing consumers to
upgrade their existing appliances to smarter
variants. In addition to providing convenience,
reducing manual efforts, and saving time,
manufacturers are focusing heavily on product
innovations to satisfy the evolving needs of
their customers.
5
Consumer Appliances Market Analysis
Technology is surely bringing a paradigm shift in
consumer appliances industry, and FMIs study
analyzes that stakeholders are helping consumers
achieve their energy conservation goals through
green technologies and sustainable-centric
innovations. Impressive developments in smart
connectivity area are also set to gain momentum
in the coming years, representing a substantial
competitive advantage for the market
players. White Goods Capture Robust Share over
Brown Goods According to the study, white goods
such as refrigerators, washing machines, and air
conditioners have garnered relatively high
traction as compared to brown goods. In recent
times, these products have become standard in
almost every household, backed by availability at
affordable prices. Additionally, provision of
smart connection in white goods, along with fast
urbanization and rural electrification,
especially in developing economies, remained
instrumental in accelerating the overall sales of
consumer appliances. Far from being confined to
bigger appliances, manufacturers are also working
on incorporating robotic technologies in small
appliances to provide user-friendly interface and
enable ease of operations.
6
Consumer Appliances Market Analysis
As smart homes become a reality all over the
world, the FMI study opines that demand for
consumer appliances from households or domestic
segment will continue to grow at a significant
pace. Introduction of technologically advanced
models which can be connected to smartphones and
controlled remotely along with rise in per capita
income is likely to remain a key to gaining
distinct competitive edge. Opportunities galore
for consumer appliances market stakeholders, as
identified by FMI study with growing working
population and rapid infrastructural development,
resulting into increasing number of hotels, salon
grooming parlors, and quick service restaurants
(QSRs). According to the study, growth prospects
of the consumer appliances market are high in
Europe, owing to strong presence of reputed
brands which continuously focus on fulfilling
consumers need for appliances that can perform
maximum tasks with minimal resources. Newer
opportunities are expected in Asia Pacific
stemming from a number of trends such as
increased purchasing power, growing middle class
population, advances in digital transformation,
and favorable government policies that encourage
the use of energy-saving appliances.
7
Consumer Appliances Market Analysis
As the importance of internet increases and
e-commerce sites see an upsurge, stakeholders are
implementing omni-channel marketing strategy to
reach wide range of customers across the globe.
According to the study, sales of consumer
appliances through online sales are likely to
register a CAGR of 4 during the forecast
period. Request for covid19 Impact Analysis
https//www.futuremarketinsights.com/covid19/rep-g
b-10083 FMIs business intelligence offers an
incisive outlook on competitive scenario of
consumer appliances market by discussing key
strategies adopted by the players. The market
shows a high level of fragmentation, with a large
number of regional and local players restricting
the geographical expansion of international
companies. Prominent players are thus focusing on
strategic collaborations and joint ventures for
increased production capacities and enhanced
customer base.
8
Consumer Appliances Market Analysis
  • Source Linkhttps//www.globenewswire.com/news-rel
    ease/2019/08/22/1905615/0/en/Online-Sales-of-Consu
    mer-Appliances-to-Witness-4-CAGR-through-2029-Futu
    re-Market-Insights.html
  • More from FMIs Industrial Automation Equipment
    Market Intelligence
  • Heat Pumps Market
  • Robotic Gripper System Market
  • Collaborative Robots Market
  • About Us
  • Future Market Insights (FMI) is a leading market
    intelligence and consulting firm. We deliver
    syndicated research reports, custom research
    reports and consulting services which are
    personalized in nature. FMI delivers a complete
    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.

9
Consumer Appliances Market Analysis
Contact Us Mr. Abhishek BudholiyaFuture Market
Insights616 Corporate Way, Suite 2-9018,Valley
Cottage, NY 10989,United StatesT 1-347-918-353
1F 1-845-579-5705T (UK) 44 (0) 20 7692
8790Sales sales_at_futuremarketinsights.comPress
Office Press_at_futuremarketinsights.com Future
Market Insights
For more insights on the Consumer Appliances
Market,you can request a report sample with full
TOC
10
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contactHari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor,207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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