Showing posts with label Appliances. Show all posts
Showing posts with label Appliances. Show all posts

Wednesday, 11 May 2016

Global Small Appliances Market Driven by Rising Disposable Incomes in Developing Regions

The global market for small appliances has been evaluated in a recent market research report by Transparency Market Research. The comprehensive market research document, titled “Small Appliances Market - Global Industry Size, Share, Trends, Analysis, And Forecasts 2012 – 2018,” gives a forward-looking perspective about key elements of the market and several other factors that are projected to have significant impact on the market’s growth trajectory through the years 2012 – 2018.

The small appliance market comprises everyday use home appliances that are either completely or partially moveable and can be operated on counters, tables, or other platforms. Small appliances are fundamentally categorized into two categories: Home appliances and commercial appliances. Commercial appliances are the ones that are used in office or business settings, while home appliances are used for household purposes.

The report states that the global small appliance market will expand at a favorable pace over the report’s forecast period, driven primarily by factors such as the rising disposable incomes, especially of the people residing in the developing parts of the world, the consequent improvement in standards of living, and the enhanced demand for added comfort. Technological advancements in the field of electronics, the ample product options available in the market, declining prices owing to the rising competition among market vendors, and the availability of products with value-added features are also some of the most crucial factors that are driving the global small appliances market.

Some of the key advantages of using small appliances include time saved in undertaking a range of tasks, reduction in manual efforts, and effective results.

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The report segments the global small appliance market on the basis of product type into food preparation appliances, personal care appliances, heating appliances, irons, small cooking appliances, non-cooking small kitchen appliances, and vacuum cleaners.

From a geographical perspective, the global small appliances market has been examined for Asia Pacific, North America, Europe, and Rest of the World. The report gives qualitative as well as quantitative insights about the current state of the market segments in these regional markets. An overview of the technological developments introduced in the regional markets has also been included in the report.

The report also presents a detailed overview of the competitive scenario of the global small appliances market, wherein details such as business profiles, SWOT analysis, Porter’s five forces analysis, recent development, finance and revenue related data, and market strategies pertaining to some of the major vendors in the global small appliances market have been discussed in the report.
Some of the most prominent vendors in this highly fragmented marketplace profiled in the report are Hamilton Beach Brands, Haier, LG, Electrolux, Philips, Brother Industries, Braun Company, BPL Group, Tiger Corporation, Proctor Silex, Blendtec, Meyer Corporation, Kitchen Aid, Russell Hobbs Inc., Krups, and Zojirushi Corporation.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


 TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Thursday, 7 April 2016

Global Household Cooking Appliances Market Driven By Increasing Urbanization, To Reach US$79.8 bn by 2018

Transparency Market Research has published a new report on the global household cooking appliances market. According to the report, the global household cooking appliances market was valued at US$56.6 bn in 2012 and is expected to reach US$79.8 bn by 2018. The report, titled ‘Household Cooking Appliances Market - Global Industry Analysis, Market Size, Market Share, Growth, Trends And Forecast 2012 - 2018’, states that the global household cooking appliances market is expected to expand at a 29.10% CAGR during the period from 2012 to 2018.

The household cooking appliances market includes technologies and devices such as thermal regulators, smart programs, auto programs, and others. Most of the appliances are operated on electricity or gas, however, some others operate on solar power or liquid fuels. Factors such as the increasing number of smaller households, growing population, and growing working population are expected to propel the global household cooking appliances market by 2018. Factors such as rising urbanization in developing countries and the introduction of improved household products are predicted to generate growth opportunities for the global household cooking appliances market.

The global household cooking appliances market is segmented on the basis of geography and product type. Based on product type, the global household cooking appliances market is classified into cook-tops and ovens. Gas cook-tops, electrical coil cook-tops, induction cook-tops, and others are the sub-segments of the cook-tops sector. The ovens sector includes conventional/thermal ovens, microwave ovens, and combination ovens. In 2012, in terms of revenue, the cook-tops sector dominated the global household cooking appliances market with a 46.1% share. Increasing disposable income, rising worldwide population and increasing demand for technologically advanced household appliances are the factors that will drive the cook-tops sector during the forecast period.

By geography, the global household cooking appliances market is classified into Europe, Asia Pacific, North America, and Rest of the World. Increasing demand for advanced household appliances in Europe and Asia Pacific is expected to drive the global household cooking appliances market during the forecast period. The increasing trend of modular kitchens has helped North America and Europe register strong demand for trendy household cooking appliances.

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The global household cooking appliances market is highly saturated and diversified thanks to the high number of small and big players. Asia Pacific has registered a large number of households and increasing urbanization due to economic developments. The growing trend of nuclear families is further driving the Asia Pacific household cooking appliances market. Factors that are expected to hamper the growth of the global household cooking appliances market are the high cost of the appliances and rising preference for ready-to-eat foods. The increase in the number of working couples is predicted to further multiply the demand for various household cooking appliances throughout the forecast period.

Some of the leading companies in the global household cooking appliances market are AB Electrolux, Whirlpool Corporation, LG Electronics, Philips Electronics, Robert Bosch Gmbh, Stoves Appliance Company (Glen Dimplex Home Appliances Ltd.), Miele & Cie., Daewoo Electronics Corporation, Haier Group Company, Panasonic Corporation, Videocon Industries Limited, and Fisher & Paykel Appliances Holdings Ltd.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.


Tuesday, 1 March 2016

Personal Care Appliances Market : Rising Disposable Income Drives Market

The desire to look young and beautiful among men and women continues to drive the industry of personal care products across the globe. The Global Personal Care Appliances Market has been helping the global population in taking care of its daily grooming needs through a variety of products for purposes such as hair removal, hair care, oral care, and skincare. With the global population becoming more conscious about its health and appearance, a wide variety of personal care appliances are gaining increased demand across the globe. With traditionally popular products being at the core of market’s future growth prospects, an evident shift from products that are operated manually to electrically-driven, automatic products is a chief trend seen in the current market for personal care appliances.

Following are some of the prevailing key trends that are significantly impacting the global market for personal care appliances. These are also the areas that businesses in the market need to pay specific attention for achieving a sustainable growth in the market in the near future:

  • Electrical products increasingly preferred over traditional manually operated products: Even now, the market for personal care appliances depends on product segments such as hair care, oral care, and hair removal for a major share of its sales and revenues. The customer is, however, increasingly shifting to the electrically-operating and automatic variants of these products.
  • Rising disposable incomes and improving GDPs of developing regions aid the market growth: Personal care appliances are largely seen as luxury products rather than convenience products in many developing nations across the globe. Of late, the rising disposable incomes of population and improving GDPs of these regions have immensely helped in changing this perspective, adding to the overall growth of the global personal care appliances market.
  • Demand for products that save time and space increases: Hectic schedules and rapid urbanization means that the end user of personal care appliances is short of time for grooming and space for accommodating bulky personal care products. These factors have led to the development of smaller and multi-operational appliances with added-value in small packages. The demand for such devices is expected to change the way many popular personal care products are currently designed.
  • Online shopping portals become preferred choice among distribution channels: Online shopping portals are becoming an important part of the daily lives of today’s busy and digitally-equipped modern society. The wide range of personal care products available online and ease of shopping at online portals are some of the key factors increasing the popularity of online shopping sites among the global population. As the number of people with mobile devices such as tablet computers and smartphones rises across the globe, the number of people shopping personal care products from online shopping portals is also expected to rise in the coming years.

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Global Personal Care Appliances Market : Key Vendors

Some of the Key businesses operating in the global personal care market include Braun GmbH, Lion Corp, Johnson & Johnson, Colgate-Palmolive, Norelco Consumer Products Company, Conair Corp, HoMedics Inc, Panasonic Corporation, Remington Products Company, Helen of Troy L.P, Royal Philips Electronics NV, Groupe SEB, Procter & Gamble, and GABA GmbH.

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.