Home appliance

Dramatic Shifts in Consumer Landscape Impacting Growth Dynamics in Small Domestic Appliances Market: Transparency Market Research

Monday, August 3, 2020 - 4:30pm

As per Transparency Market Research, "Increasing middle class population will be a major growth factor in the market.

Key Points: 
  • As per Transparency Market Research, "Increasing middle class population will be a major growth factor in the market.
  • Key Findings of Global Small Domestic Appliances Market Study:
    Growing working class population will lead to higher demand for kitchen appliances, helping the segment claim sizeable market share
    Key Drivers of Growth in Global Small Domestic Appliances Market:
    Growing aspirations of the middle class often reflect in possessions, leading to growth in demand in the market, supported by increase in disposable income
    Players in the global domestic appliances market are investing heavily in research and development activities, paving way for higher demand
    Uncover 213 pages of intelligent research, current market scenario, and extensive geographical projections.
  • Gain insights on Small Domestic Appliances Market (Product Type: Kitchen Appliances, Floor Care Appliances, Garment Care Appliances, and Other Appliances; End Use: Residential and Commercial; and Distribution Channel: Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 2030 at https://www.transparencymarketresearch.com/small-domestic-appliances-mar...
    Regional Analysis of Global Small Domestic Appliances Market:
    Asia Pacific will emerge as an attractive regional market, creating novel growth opportunities
    Analyze global small domestic appliances market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea.
  • Request a sample of the study
    Competitive Landscape of Global Small Domestic Appliances Market:
    Transparency Market Research has provided granular insights into the vendor landscape of global small domestic appliances market.

Dramatic Shifts in Consumer Landscape Impacting Growth Dynamics in Small Domestic Appliances Market: Transparency Market Research

Monday, August 3, 2020 - 4:30pm

As per Transparency Market Research, "Increasing middle class population will be a major growth factor in the market.

Key Points: 
  • As per Transparency Market Research, "Increasing middle class population will be a major growth factor in the market.
  • Key Findings of Global Small Domestic Appliances Market Study:
    Growing working class population will lead to higher demand for kitchen appliances, helping the segment claim sizeable market share
    Key Drivers of Growth in Global Small Domestic Appliances Market:
    Growing aspirations of the middle class often reflect in possessions, leading to growth in demand in the market, supported by increase in disposable income
    Players in the global domestic appliances market are investing heavily in research and development activities, paving way for higher demand
    Uncover 213 pages of intelligent research, current market scenario, and extensive geographical projections.
  • Gain insights on Small Domestic Appliances Market (Product Type: Kitchen Appliances, Floor Care Appliances, Garment Care Appliances, and Other Appliances; End Use: Residential and Commercial; and Distribution Channel: Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 2030 at https://www.transparencymarketresearch.com/small-domestic-appliances-mar...
    Regional Analysis of Global Small Domestic Appliances Market:
    Asia Pacific will emerge as an attractive regional market, creating novel growth opportunities
    Analyze global small domestic appliances market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea.
  • Request a sample of the study
    Competitive Landscape of Global Small Domestic Appliances Market:
    Transparency Market Research has provided granular insights into the vendor landscape of global small domestic appliances market.

DGAP-News: Haier Smart Home Privatizes Haier Electronics to maximize resource allocation and synergistic effects

Friday, July 31, 2020 - 6:01pm

After completion of the transaction, the organization structure, shareholding structure as well as financial performance of the Company is expected to be optimized.

Key Points: 
  • After completion of the transaction, the organization structure, shareholding structure as well as financial performance of the Company is expected to be optimized.
  • First, HSH has upgraded traditional household appliances into high-end interconnected smart devices to underpin full-suite smart home solutions covering smart kitchens, smart balconies and smart bedrooms through full living ecologic services in clothing, dining, sheltering and entertaining.
  • Second, Smart Home Experiential Cloud has created a platform connecting billions of families to benefit all users, businesses and the ecology.
  • About Haier Smart Home Co., Ltd.:
    Haier is one of the world's leading manufacturers of household appliances with a focus on smart home solutions and customized mass production.

COVID-19 Impact & Recovery Analysis | Global Smart Kitchen Appliance Market 2020-2024| Growing Demand for Premium, Innovative Appliances to Boost Market Growth | Technavio

Wednesday, July 29, 2020 - 4:30pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200729005443/en/
    Technavio has announced its latest market research report titled Global Smart Kitchen Appliance Market 2020-2024 (Graphic: Business Wire)
    With advancements in technology, the demand for innovative products is on the rise.
  • The increased adoption of modular kitchen is one of the key factors, which are positively impacting the smart kitchen appliance market.
  • This is stimulating the demand for smart kitchen appliances which require minimal space and enhance the look of the modular kitchen.
  • This market research report segments the smart kitchen appliance market by product (smart large cooking appliance, smart refrigerator, smart small cooking appliance, and smart dishwasher) and geography (North America, Europe, APAC, South America, and MEA).

Galanz Breaks Into Major Appliances Market With Full Line Of "City Living" Products For Urban Kitchens

Thursday, July 16, 2020 - 3:00pm

"City Living" appliances meet the need for consumers with smaller kitchens looking for high performance, beautiful designs that are compact and affordable.

Key Points: 
  • "City Living" appliances meet the need for consumers with smaller kitchens looking for high performance, beautiful designs that are compact and affordable.
  • "City dwellers and those with smaller kitchens can now enjoy beautiful appliances with great features at affordable prices."
  • Galanz is a leading global home appliances manufacturer of a range of products, including microwave ovens, refrigerators, dishwashers, laundry, air conditioners, toaster ovens, and more.
  • Galanz designs appliances with thoughtful engineering for the home and will continue to innovate to create efficient, dependable, and great products that consumers love.

Consumers More Confident in Their Appliances Covered By Home Service Contracts During Pandemic

Wednesday, July 8, 2020 - 3:06pm

TALLAHASSEE, Fla., July 08, 2020 (GLOBE NEWSWIRE) -- Do consumers value their home service contracts more during this COVID-induced period of home quarantine?

Key Points: 
  • TALLAHASSEE, Fla., July 08, 2020 (GLOBE NEWSWIRE) -- Do consumers value their home service contracts more during this COVID-induced period of home quarantine?
  • The survey found that half of American consumers reported having a service contract on at least one product in their home, from kitchen appliances to entertainment products like laptops and televisions.
  • Service contracts alleviate the stress of finding a contractor to fix appliances or the financial burden of replacing them.
  • Many service contracts include a refund period allowing consumers to cancel without penalty for a certain period of time after purchase.

Second Surge in Demand for Freezers Forecast, Driven by Rise in Numbers Growing Produce at Home

Wednesday, June 24, 2020 - 9:00pm

Kitchen appliances that saw a surge in demand included electric pasta makers, bread machines and soda machines.

Key Points: 
  • Kitchen appliances that saw a surge in demand included electric pasta makers, bread machines and soda machines.
  • There was also increased demand for cleaning devices, water filters and air purifiers as a result of a new focus on home hygiene.
  • Freezers saw a huge increase in demand in the early days of the pandemic as consumers stocked up on frozen foods.
  • Some analysts predict that there will be a second surge in demand for freezers driven by the rise in the numbers growing produce at home.

American Freight Donates Over $100K in Home Furnishings to 25 Local Fire Stations

Wednesday, June 24, 2020 - 6:21pm

To celebrate the July 4th holiday, American Freight is working with fire stations across the country in need of appliance or furniture updates.

Key Points: 
  • To celebrate the July 4th holiday, American Freight is working with fire stations across the country in need of appliance or furniture updates.
  • In February 2020, American Freight combined with Sears Outlet, a leading national discount retailer of home appliances, to create American Freight Furniture Mattress Appliance.
  • American Freight is celebrating the newly re-branded American Freight, now with over 300 locations, with a two week Grand Opening Savings Event, from June 25 July 9.
  • In February 2020, American Freight announced its intention to combine with Sears Outlet, a leading national discount retailer of home appliances, to create American Freight Furniture Mattress Appliance.

Signature Kitchen Suite Launches Expanded Luxury Kitchen Portfolio

Wednesday, June 24, 2020 - 2:00pm

ENGLEWOOD CLIFFS, N.J., June 24, 2020 /PRNewswire/ -- Signature Kitchen Suite is debuting its broadened portfolio of industry-first culinary innovations that will join the brand's award-winning line of luxury, built-in appliances.

Key Points: 
  • ENGLEWOOD CLIFFS, N.J., June 24, 2020 /PRNewswire/ -- Signature Kitchen Suite is debuting its broadened portfolio of industry-first culinary innovations that will join the brand's award-winning line of luxury, built-in appliances.
  • "Signature Kitchen Suite embraces the idea that better cooking is possible through better thinking, and nowhere is this more evident than in our 2020 culinary portfolio, where our appliances incorporate purposeful design and professional-grade features to help elevate the functionality of today's home kitchen," said Zach Elkin, general manager for Signature Kitchen Suite.
  • For more information on the full suite of appliances including the location of specialty kitchen dealers carrying the expanded line, visit SignatureKitchenSuite.com .
  • Signature Kitchen Suite delivers innovation in the luxury built-in kitchen appliance market with leading-edge technology that provides more flexibility to prepare food in the best possible way, demonstrating respect for the food at every level.

Household Appliances See Surge in Sales Amid COVID-19 Lockdowns - ResearchAndMarkets.com

Thursday, June 18, 2020 - 4:01pm

Sales of household and kitchen appliances rose between March and April as a result of many consumers spending more time in their homes.

Key Points: 
  • Sales of household and kitchen appliances rose between March and April as a result of many consumers spending more time in their homes.
  • Kitchen appliances that saw a surge in demand included electric pasta makers, bread machines and soda machines.
  • Experts predict that sales of household appliances which offer new hygienic features will continue to rise.
  • Although sales of household appliances have increased, it is expected that they will begin to slow down in the months ahead due to a decline in demand for new family homes.