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Electrical household appliance retailers are vulnerable to fluctuations in consumer spending patterns, housing market volatility and mounting competition from online retailers. Changing consumer spending habits have influenced sales; retailers face a consumer market that considers convenience, affordable pricing and sustainability integral factors when shopping for new appliances. This has resulted in a surge in online orders, where prices are lower and more convenient deliveries and click-and-collect options are available. Fluctuations in the UK housing market have also been reflected in demand for white goods (think large domestic appliances like washing machines). A slowdown in house purchases due to high inflation and skyrocketing mortgage rates from 2022-23 was followed by an uptick in housing demand as mortgage interest payments fell, contributing to rising demand for electrical appliances in 2023-24. Growing environmental awareness means demand for sustainable and eco-friendly appliances has soared. At the same time, there’s been a greater focus on repairs and recycled appliances as people look for greener solutions that contribute to a circular economy. Retailers are introducing new innovative systems and appliances to align with this demand, such as more energy-efficient washing machines. Revenue is forecast to fall at a compound annual rate of 5.2% over the five years through 2025-26, though this is primarily the result of an unusually high base figure for 2020-21 because of ballooning demand during COVID-19 as consumer habits changed and appliances such as energy-efficient white goods, air fryers and coffee machines were in high demand. Revenue is slated to climb by 2.7% in 2025-26 to £6.9 billion, driven by rising sales volumes as product prices ease after a period of heavy inflation. Revenue is forecast to grow at a compound annual rate of 1.8% over the five years through 2030-31 to £7.6 billion. The Right to Repair legislation, introduced in 2021, requires manufacturers to produce spare parts and provide repair and maintenance information, curtailing appliance turnover. This is set to limit future sales. Retailers leveraging online operations will outpace those whose scale doesn't allow such expansion. The average industry profit margin is set to widen as cost inflation eases.
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Employment statistics on the Online Small Electrical Appliance Retailers industry in the UK
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Forecast: Employment in Retail Sale of Electrical Household Appliances, Furniture, Lighting Equipment and Other Household Articles in Specialized Stores Sector in the UK 2024 - 2028 Discover more data with ReportLinker!
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Verdict Retail’s, "Global Retail Sales of Electrical and Electronics Specialists: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retails sales from 2010 to 2020 taking place at "Electrical and Electronics Specialists" for each category at country and segment level. The segment level analytics are provided for the following product categories: (where applicable) Apparel, accessories, luggage and leather goods Books, news and stationery Electrical and electronics Food and grocery Furniture and floor coverings Health and beauty Home and garden products Music, video and entertainment software Sports and leisure equipment Verdict Retail categorizes "Electrical and Electronics Specialists" as retailers where Electrical and/or electronic goods are the main footfall drivers and account for the majority of sales. "Global Retail Sales of Electrical and Electronics Specialists: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Global. The report acts as an essential tool for companies active across the Globe's retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. Countries covered in this report: Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Republic of Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovak Republic, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, United Arab Emirates, United Kingdom, Ukraine, United States, Venezuela. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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The United Kingdom Hardware Stores Retail Market illustrates steady growth potential, driven by a strong DIY culture, increased home improvement activities and a resilient housing sector. The increased customer interest in house renovations, along with a growing attitude of self-sufficiency, has made hardware stores indispensable for obtaining equipment, materials and home improvement supplies. The United Kingdom Hardware Stores Retail Market, estimated to be worth USD Billion in 2024 and likely to grow to USD Billion by 2032. Furthermore, improvements in e-commerce and online retailing, together with the growing usage of smart home goods and eco-friendly materials, are altering the industry. Rising demand for home repair and DIY projects is driving growth in the UK Hardware Stores Retail Market. It enables the market to grow at a CAGR of % from 2026 to 2032.
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Forecast: Turnover in Retail Sale of Electrical Household Appliances, Furniture, Lighting Equipment and Other Household Articles in Specialized Stores Sector in the UK 2022 - 2026 Discover more data with ReportLinker!
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Verdict Retail’s, "Retail Sales of Electrical and Electronics Specialists in Germany: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Electrical and Electronics Specialists" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Electrical and electronics Home and garden products Music, video and entertainment software Verdict Retail categorizes "Electrical and Electronics Specialists" as retailers where Electrical and/or electronic goods are the main footfall drivers and account for the majority of sales. "Retail Sales of Electrical and Electronics Specialists in Germany: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Germany. The report acts as an essential tool for companies active across the Germany’s retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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The Report Covers the UK Major Home Appliances Companies and the market is segmented by Product (Refrigerators, Washing Machines, Freezers, Dryers, Ovens, Hoods, Ranges, and Others) and By Distribution Channels (Supermarkets and Hypermarkets, Specialty Stores, E-Commerce, and Others).
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Market Size statistics on the Electrical Household Appliance Retailing industry in the UK
This statistic shows the revenue of the industry “retail sale of electrical household appliances in specialised stores“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of retail sale of electrical household appliances in specialised stores in the United Kingdom will amount to approximately ******** million U.S. Dollars by 2025.
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Verdict Retail’s, "Retail Sales of Electrical and Electronics Specialists in Norway: Market Size, Growth and Forecast to 2020" provides detailed historic and forecast statistics on retail sales from 2010 to 2020 taking place at "Electrical and Electronics Specialists" for each category at segment level. However, delivered wholesale sales are not included. The segment level analytics are provided for the following product categories: Apparel, accessories, luggage and leather goods Electrical and electronics Home and garden products Music, video and entertainment software Verdict Retail categorizes "Electrical and Electronics Specialists" as retailers where Electrical and/or electronic goods are the main footfall drivers and account for the majority of sales. "Retail Sales of Electrical and Electronics Specialists in Norway: Market Size, Growth and Forecast to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Norway. The report acts as an essential tool for companies active across the Norway’s retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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Forecast: Gross Investment in Retail Sale of Electrical Household Appliances, Furniture, Lighting Equipment and Other Household Articles in Specialized Stores Sector in the UK 2022 - 2026 Discover more data with ReportLinker!
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Employment statistics on the Electrical Household Appliance Retailing industry in the UK
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Department store revenue is expected to inch upwards at a compound annual rate of 1.9% over the five years through 2025. Department stores were once hailed as a one-stop shop and a shopper's favourite, but the retail landscape has changed. Department stores have been slow to keep up with what's in vogue and shoppers' need for instant gratification, losing sales to e-tailers and fast-fashion brands. Some department stores have successfully adopted new strategies to fend off competition, like rolling out in-house bars, cafes and restaurants for shoppers to rest and refuel or introducing beauty bars for a quick pick-me-up. Nonetheless, price competition remains intense as income pressures remain evident – with growth driven by price increases over buying more. In 2025, revenue is slated to remain steady at 0% growth to €227.4 billion. The average profit margin reached 9.4%, a dip from five years ago thanks to intense competition. Department store revenue is forecast to inch upwards at a compound annual rate of 4.7% over the five years through 2030 to €286.7 billion. Competition will remain fierce and department stores will need to adapt to survive. The outdated retail-only business model no longer resonates with mindful consumers, who crave experiences and community. Social media continues to become ever-more prevalent and the power of influencers will only grow, making social commerce a top priority. Sustainability has become more than just a buzzword, particularly in light of the European Parliament’s fight against fast fashion, so department stores will need to improve their green credentials to stay in demand. Meanwhile, demographic trends will push digitisation in department stores.
ntroducing our retail tariff database, a comprehensive and user-friendly platform designed to provide in-depth information on retail energy tariffs in the GB market. Updated regularly and meticulously maintained, our database offers invaluable insights for a range of stakeholders, including energy retailers, economic analysts, and electric vehicle (EV) operators.
Our retail tariff database covers all types of tariffs available in the GB market and provides an extensive set of data fields, such as tariff types, rates, contract lengths, and more. The platform is designed for easy navigation and customization, allowing users to quickly access the information they need to make informed decisions.
Energy Retailers: For energy retailers, our retail tariff database is an essential tool for staying competitive in the constantly evolving energy market. By providing real-time access to the latest tariffs from competitors, our platform enables retailers to adjust their own pricing strategies and remain competitive in the market. Furthermore, the database offers valuable information on emerging trends and consumer preferences, helping retailers identify new opportunities and challenges in the sector.
Predicting Inflation: For economic analysts and professionals interested in predicting inflation, our retail tariff database serves as a rich source of data for examining the energy market's impact on consumer prices. As energy costs are a significant factor in overall inflation, our platform provides timely and granular information on energy tariffs, allowing users to better understand the relationship between energy prices and inflation. By incorporating this data into their analysis, professionals can develop more accurate predictions and provide valuable insights to policymakers and businesses.
EV Operators: For electric vehicle operators, our retail tariff database offers insights into the evolving landscape of energy pricing, which has a direct impact on the cost and attractiveness of EV charging infrastructure. By staying informed about the latest energy tariffs, EV operators can make strategic decisions regarding the location, pricing, and expansion of their charging networks. Additionally, the database can help operators identify potential synergies between energy tariffs and EV charging demand, enabling them to develop innovative business models that cater to the needs of EV users.
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Baby Safety Products Market Size 2024-2028
The baby safety products market size is forecast to increase by USD 4.15 billion at a CAGR of 5.49% between 2023 and 2028.
The market is witnessing significant growth due to several factors. The increasing number of government guidelines and regulations regarding child safety is driving market expansion. Additionally, the availability of a wide range of baby safety products in retail stores is making it easier for parents to ensure their children's safety. Strict regulations related to the manufacturing of these products ensure their quality and effectiveness in preventing accidents. However, affordability remains a challenge for low-income households. In the market, offline distribution channels generate significant revenue through sales at specialty stores, such as exclusive brand stores, multi-brand stores, apparel stores, factory outlets, and personal goods stores; hypermarkets, supermarkets, convenience stores, and clubhouse stores; and department stores. Lack of awareness about the importance of using childproofing accessories and the prevalence of accidental injuries among children further highlights the need for continued innovation and accessibility in the market. The Internet of Things (IoT) is also playing an increasingly important role in this market, with smart baby monitors and other connected devices offering enhanced safety features and convenience for parents.
What will be the Size of the Market During the Forecast Period?
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Baby safety products play a crucial role in ensuring the well-being of infants and young children in the United States. With a growing awareness of the importance of infant safety, innovative safety solutions have emerged to address various risks and prevent accidental injuries. Infant safety is a top priority for parents and caregivers, and they are constantly seeking reliable and effective products to safeguard their little ones. Baby monitors, safety gates, corner guards, electrical outlet covers, car seats, strollers, and baby-proofing kits are among the popular baby safety products that have gained widespread acceptance in the market.
Moreover, accidental injuries are a leading cause of concern for parents, and baby safety products have proven to be effective in reducing the risk of such incidents. For instance, baby monitors enable parents to keep a constant watch on their infants while they sleep, reducing the chances of Sudden Infant Death Syndrome (SIDS) and other potential hazards. Safety gates are essential for securing access to potential danger zones, such as stairways and kitchens, while corner guards and electrical outlet covers protect infants from injuries caused by sharp edges and electrical outlets. Car seats and strollers ensure the safety of infants during travel, while baby-proofing kits provide a comprehensive solution for baby-proofing the home.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Distribution Channel
Offline
Online
Product
Baby car seats
Baby strollers and prams
Baby cribs
Baby monitors
Geography
Europe
Germany
UK
North America
Canada
US
APAC
China
South America
Middle East and Africa
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.
The market encompasses a range of items designed to ensure the well-being of infants, including baby monitoring systems, baby-proofing kits, and baby car seats. With a focus on preventing infant deaths and newborn protection, product quality improvements and technical breakthroughs continue to shape this market. companies distribute their offerings through various channels, including specialty stores, retail outlets, and online platforms. Supermarkets and hypermarkets have dedicated sections for baby safety products, increasing their visibility and driving sales. The expanding retail industry and the proliferation of retail outlets contribute to the growth of this market segment.
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The offline segment was valued at USD 8.65 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 30% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Parents and caregivers prioritize the safety of infa
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Electric Lunch Boxes Market Size 2024-2028
The electric lunch boxes market size is forecast to increase by USD 317.8 million, at a CAGR of 9.59% between 2023 and 2028.
The market is witnessing significant growth, driven by the rising awareness of the convenience they offer. Consumers are increasingly seeking portable solutions to maintain their dietary habits and health goals while on-the-go. Electric lunch boxes, with their advanced features such as temperature control and long battery life, cater to this demand. However, the market faces challenges from the increasing use of online sales channels and the presence of other low-cost alternatives. As more consumers turn to e-commerce platforms for purchasing everyday items, electric lunch boxes are no exception. Additionally, the availability of affordable, non-electric alternatives poses a threat to the market's growth.
Companies must navigate these challenges by focusing on enhancing their online presence and offering competitive pricing while maintaining product quality. To capitalize on opportunities, market players can explore partnerships with fitness and health brands, expanding their product offerings, and targeting niche markets, such as corporate offices and schools.
What will be the Size of the Electric Lunch Boxes Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The electric lunch box market continues to evolve, driven by advancements in technology and shifting consumer preferences. Remote control features enable users to manage temperature settings from a distance, enhancing convenience and flexibility. Brand loyalty is fostered through customizable settings and smart features, allowing consumers to personalize their meal prep experience. Battery life and product lifecycle are critical factors influencing market dynamics. Retail outlets and online sales channels offer diverse pricing strategies, catering to various consumer segments. Digital display and app connectivity provide real-time meal information, while safety features ensure food safety and environmental sustainability. Meal prep applications span various sectors, from corporate offices to educational institutions, driving demand for insulation materials, energy consumption, and heating efficiency.
Innovative product designs, such as leakproof and pre-programmed settings, cater to diverse consumer needs and preferences. Sales promotion and customer support strategies play a pivotal role in market growth. Consumer behavior analysis informs marketing strategies and sales forecasting, while supply chain optimization and distribution channels ensure efficient power supply and demand fulfillment. Food containers, heating elements, and temperature control systems undergo continuous innovation, driven by consumer demand for convenience, safety, and environmental impact. Product placement and packaging design are essential aspects of sales promotion and brand differentiation. The electric lunch box market's ongoing dynamism reflects the interplay of various factors, from technological advancements and consumer behavior to pricing strategies and sales promotion tactics. As this market continues to unfold, stakeholders must stay attuned to emerging trends and adapt to evolving consumer needs and preferences.
How is this Electric Lunch Boxes Industry segmented?
The electric lunch boxes industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Distribution Channel
Offline
Online
Type
Container Electric Lunch Boxes
Grid Electric Lunch Boxes
Technology
Microwave Application
Steam
Battery-Powered
Wired
Material Used
Plastic
Stainless Steel
Glass
Combination (Plastic and Stainless Steel)
Geography
North America
US
Europe
Germany
UK
APAC
China
Japan
Rest of World (ROW)
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period.
Electric lunch boxes have gained significant popularity in the US market, with major offline distribution channels such as supermarkets, hypermarkets, and departmental stores playing a pivotal role in their sales. Consumers prefer these retail outlets due to the wide range of options, ability to closely evaluate products, and access to customer service. These stores offer electric lunch boxes at competitive prices, making them an attractive choice for consumers. Tesco and Walmart are among the leading hypermarket and supermarket chains that stock a diverse selection of electric lunch boxes. Brand loyalty is a significant factor influencing c
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Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Guangzhou New Vision New Material Technology, 3M, Tesa SE, Sekisui Chemical, Broadya Adhesive Products, Others |
SEGMENTS COVERED | By Product Type - Gel Material, Plastic Material, Paper Material By Application - Electrical & Electronics, Healthcare, Food & Beverages, Automotive, Consumer Goods and Retail, Paper & Printing, Building & Construction, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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Electric Toothbrush Market Size 2025-2029
The electric toothbrush market size is forecast to increase by USD 1.9 billion, at a CAGR of 8% between 2024 and 2029.
The market is witnessing significant growth, driven by the rising prevalence of periodontal diseases and the introduction of innovative oral care products. According to various studies, periodontal diseases affect a large population worldwide, leading to an increasing demand for effective oral hygiene solutions. Electric toothbrushes, with their advanced features such as multi-mode brushing, pressure sensors, and timer functions, offer superior oral cleaning compared to manual toothbrushes, making them a preferred choice for consumers. However, the high cost of electric toothbrushes remains a significant challenge for market growth. Despite their benefits, the affordability factor limits the adoption of electric toothbrushes, particularly in developing regions.
To overcome this challenge, market players are focusing on developing affordable yet effective electric toothbrush models and exploring various distribution channels to reach a wider customer base. Companies are also collaborating with dental professionals and insurance providers to offer bundled solutions and discounts, making electric toothbrushes more accessible to consumers. These strategies, coupled with continuous innovation and product development, present significant opportunities for market participants to capitalize on the growing demand for electric toothbrushes and navigate the challenges effectively.
What will be the Size of the Electric Toothbrush Market during the forecast period?
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The market encompasses a growing segment of the oral care industry, driven by the increasing recognition of the importance of maintaining good oral health. Electric toothbrushes offer several advantages over regular toothbrushes, including more effective plaque removal, improved gum health, and reduced tooth decay and gum disease. The market's sizeable growth can be attributed to rising personal consumption expenditure on essential goods, particularly among internet users seeking convenient and efficient oral hygiene solutions. Advertising expenditure in the sector continues to increase, fueling awareness and adoption rates.
Power supply options, including rechargeable batteries and USB charging, further enhance the appeal of electric toothbrushes. Oral care product manufacturers are expanding their offerings on e-commerce platforms, making electric toothbrushes more accessible to a broader consumer base. The market's continued growth is expected to address the prevalent tooth issues, such as dental problems and bad breath, contributing to overall improvements in oral hygiene.
How is this Electric Toothbrush Industry segmented?
The electric toothbrush industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Distribution Channel
Offline
Online
Mobility Type
Sonic
Rotation
End-user
Adults
Children
Product Type
Rechargeable
Battery
Geography
North America
US
Canada
Europe
France
Germany
Italy
Spain
UK
APAC
China
India
Japan
Middle East and Africa
South America
By Distribution Channel Insights
The offline segment is estimated to witness significant growth during the forecast period. The market encompasses both online and offline channels for product sales. In the offline segment, retail outlets such as hypermarkets, supermarkets, and department stores dominate, driven by high product visibility and the ability for consumers to physically examine the products before purchase. Companies invest in marketing collaterals within these stores and through other advertising channels to boost awareness, offering promotional deals to attract buyers and expand market penetration. Adults are the primary target demographic due to their purchasing power. Tooth decay, gum health, and oral hygiene concerns continue to fuel the demand for electric toothbrushes, which are considered essential goods.
Innovative technological products, such as AI-enabled toothbrushes, vibrating, ultrasonic, and smart toothbrushes, are gaining popularity among consumers. The online sector, including e-commerce platforms, also contributes significantly to market growth due to the convenience and accessibility it offers. Despite power supply concerns, the market is expected to continue expanding due to widespread awareness campaigns, increasing dental problems, and the availability of innovative products. Personal consumption expenditure, tooth sensitivity, and periodontal diseases are other factors influencing market growth.
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Verdict Retail’s, "Electrical and Electronics Retail Sales (Channel and Segment Analytics) in Finland to 2020" combines retail sales of answer machines, fax machines, fixed-line telephones, mobile phone accessories and mobile phones within the Communications Equipment category followed by retail sales only of desktops and laptop computers, software, memory sticks, CD packs, hard disks and other data storage devices, computer peripherals, PDAs, organizers, calculators, and satellite navigation systems within the Computer Hardware and Software category. CD / DVD players and recorders, hi-fi systems, home theatres, in-car entertainment, portable digital audios, radios, televisions and video recorders, home use and portable games consoles are included within Consumer Electronics category. Also it has considered the sales of major domestic appliances (air conditioners, dishwashers, dryers, freezers, hobs and extractors, microwave ovens, refrigerators, stoves, vacuum cleaners and washing machines) plus minor domestic appliances within the Household Appliances market category. Photographic Equipment includes camcorders, cameras, projectors, camera and camcorder accessories, binoculars and telescopes. "Electrical and Electronics Retail Sales (Channel and Segment Analytics) in Finland to 2020" report is the result of Verdict Retail’s extensive market research covering the retail industry in Finland. It provides detailed historic and forecast statistics on Retail Sales from 2010 to 2020 for each category at segment level and channel groups (Value Retailers, General Retailers, Specialist Retailers and Online). The report acts as an essential tool for companies active across the Finland’s Retail industry and for new players considering entering the market. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting. This is an on-demand report and will be delivered within 2 working days (excluding weekends) of the purchase. Read More
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Electrical household appliance retailers are vulnerable to fluctuations in consumer spending patterns, housing market volatility and mounting competition from online retailers. Changing consumer spending habits have influenced sales; retailers face a consumer market that considers convenience, affordable pricing and sustainability integral factors when shopping for new appliances. This has resulted in a surge in online orders, where prices are lower and more convenient deliveries and click-and-collect options are available. Fluctuations in the UK housing market have also been reflected in demand for white goods (think large domestic appliances like washing machines). A slowdown in house purchases due to high inflation and skyrocketing mortgage rates from 2022-23 was followed by an uptick in housing demand as mortgage interest payments fell, contributing to rising demand for electrical appliances in 2023-24. Growing environmental awareness means demand for sustainable and eco-friendly appliances has soared. At the same time, there’s been a greater focus on repairs and recycled appliances as people look for greener solutions that contribute to a circular economy. Retailers are introducing new innovative systems and appliances to align with this demand, such as more energy-efficient washing machines. Revenue is forecast to fall at a compound annual rate of 5.2% over the five years through 2025-26, though this is primarily the result of an unusually high base figure for 2020-21 because of ballooning demand during COVID-19 as consumer habits changed and appliances such as energy-efficient white goods, air fryers and coffee machines were in high demand. Revenue is slated to climb by 2.7% in 2025-26 to £6.9 billion, driven by rising sales volumes as product prices ease after a period of heavy inflation. Revenue is forecast to grow at a compound annual rate of 1.8% over the five years through 2030-31 to £7.6 billion. The Right to Repair legislation, introduced in 2021, requires manufacturers to produce spare parts and provide repair and maintenance information, curtailing appliance turnover. This is set to limit future sales. Retailers leveraging online operations will outpace those whose scale doesn't allow such expansion. The average industry profit margin is set to widen as cost inflation eases.