Consumer appliances in 2024: The big picture
Sales of consumer appliances saw strong growth in retail volume terms in 2024. Nonetheless, major appliances saw relatively modest growth due to the prevailing economic challenges facing consumers in Singapore.
2024 key trends
Elevated inflation and an increase in the cost of living eroded the purchasing power of consumers, leading to greater price-sensitivity. Major appliances, such as refrigeration appliances, automatic washing machines, and air conditioners, are seen as substantial investments and therefore some consumers delayed or reviewed their purchasing decisions.
Competitive landscape
The entry of Chinese brands into the Singaporean market for major and small appliances has brought a dynamic shift to the competitive landscape. These brands, often characterised by affordability, innovation, and an ability to cater to a variety of consumer needs, have rapidly gained ground and made a significant impact in Singapore.
Retailing developments
The role of physical retailers is shifting, in part due to the growing focus on premiumisation within consumer appliances in Singapore. For example, Dyson already has its own showrooms which offer Singaporeans first-hand experiences by enabling them to test its vacuum cleaners and hair care appliances.
What next for consumer appliances?
Singapore is placing a stronger emphasis on environmental sustainability. Major appliances that are energy-efficient and eco-friendly are therefore likely to gain popularity.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Appliances industry in Singapore with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Dishwashers
- Home Laundry Appliances
- Large Cooking Appliances
- Microwaves
- Refrigeration Appliances
- Air Treatment Products
- Food Preparation Appliances
- Personal Care Appliances
- Small Cooking Appliances
- Vacuum Cleaners
If you're in the Consumer Appliances industry in Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Appliances in Singapore report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Appliances in Singapore?
- Which are the leading brands in Singapore?
- How are products distributed in Singapore?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Consumer Appliances in Singapore
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
Dishwashers in Singapore
KEY DATA FINDINGS
Dishwashers finding a growing audience
Growing preference for quiet and compact dishwashers
Emphasis on energy efficiency and smart features
Market Expansion Potential
E-commerce offers growth opportunities but omnichannel strategies likely to be the big winner
Product innovation expected to be a key growth driver for sales of dishwashers
Home Laundry Appliances in Singapore
KEY DATA FINDINGS
Deflated property market limits growth but interest in smart appliances continues to rise thanks to innovative new product launches
Energy efficiency and sustainability take centre stage as consumers become more responsible shoppers
Compact and multifunctional designs proving popular
E-commerce presents new growth opportunities
Demographic trends shaping the evolution of home laundry appliances in Singapore
Innovation and new product development expected to fuel growth
Large Cooking Appliances in Singapore
KEY DATA FINDINGS
Need for space-saving solutions benefits sales of built-in large cooking appliances
Smart features make headway in large cooking appliances
Aesthetic considerations dictating demand with retailers offering bundle packages
E-commerce still offers potential despite the dominant position of offline retailers
Product innovation could be key to delivering stronger growth over the forecast period
Induction hobs set for a bright future
Microwaves in Singapore
KEY DATA FINDINGS
Compact and multifunctional designs proving popular
Energy efficiency a growing consideration for microwaves
Smart and convection microwaves attract attention
E-commerce set for further growth
Health-conscious and eco-friendly features could help players to attract consumers
Freestanding models likely to remain the popular choice
Refrigeration Appliances in Singapore
KEY DATA FINDINGS
Singapore’s deflated housing market puts the brakes on growth with new homeowners remaining the key consumer base for refrigeration appliances
Smart and energy efficient units proving popular
Polarisation seen in the market as both compact and larger refrigeration appliances attract attention
Growing demand for premium and energy efficient refrigeration appliances
Opportunities could be found in smart home integration
Health and wellness-driven innovations expected in the market
Air Treatment Products in Singapore
KEY DATA FINDINGS
Hot climate and increasingly sophisticated solutions fuelling growth
Energy efficiency and eco-friendly features increasingly important to consumers
Compact and multifunctional designs proving popular as consumers look for space-saving solutions
Technological innovation likely to be key to finding success in air treatment products over the forecast period
E-commerce and Omnichannel Strategies
Competition expected to intensify as Chinese manufacturers expand their presence in the market
Food Preparation Appliances in Singapore
KEY DATA FINDINGS
Food preparation appliances facing several challenges as sales decline in 2024
Health and fitness focus having a mixed impact on sales
Price sensitive consumers look for greater value
New technology could bring renewed interest to food preparation appliances
Sustainability concerns expected to inform new product development and marketing strategies
Product innovation and versatility likely to be key to growth
Personal Care Appliances in Singapore
KEY DATA FINDINGS
Strong focus on oral hygiene fuelling dynamic growth in personal care appliances in 2024
Smart, sustainable and eco-friendly products finding growing appeal among locals
Multifunctional and compact designs draw attention with space at a premium
Technological innovation could be key to standing out in an increasingly congested marketplace
Health and wellness focus likely to influence pruchasing decisions
E-commerce going from strength to strength
Small Cooking Appliances in Singapore
KEY DATA FINDINGS
Smart appliances proving popular despite challenging market conditions
Compact and multifunctional designs proving popular with space at a premium
Focus on healthy cooking informing new product development and innovation
Technological innovation likely to help drive sales
Locals getting a taste for home-brewed coffee
E-commerce set to increase its share in the market
Vacuum Cleaners in Singapore
KEY DATA FINDINGS
Rise of the robotic vacuum cleaners
Smart technology featuring more prominently
Compact and cordless designs find favour in smaller homes
Technological Innovation
E-commerce expected to take a greater share of the market
Sustainability initiatives likely to become more prominent
The following categories and subcategories are included:
Consumer Appliances
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- Built-In Major Appliances
- Freestanding Major Appliances
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- Built-in Dishwashers
- Freestanding Dishwashers
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- Built-in Home Laundry Appliances
- Freestanding Home Laundry Appliances
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- Built-in Automatic Dryers
- Freestanding Automatic Dryers
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- Built-in Automatic Washer Dryers
- Freestanding Automatic Washer Dryers
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- Built-in Automatic Washing Machines
- Freestanding Automatic Washing Machines
- Semi-Automatic Washing Machines
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- Built-in Large Cooking Appliances
- Freestanding Large Cooking Appliances
- Built-in Hobs
- Ovens
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- Built-in Cooker Hoods
- Freestanding Cooker Hoods
- Cookers
- Range Cookers
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- Built-in Microwaves
- Freestanding Microwaves
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- Built-in Refrigeration Appliances
- Freestanding Refrigeration Appliances
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- Built-in Electric Wine Coolers/Chillers
- Freestanding Electric Wine Coolers/Chillers
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- Built-in Freezers
- Freestanding Freezers
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- Built-in Fridge Freezers
- Freestanding Fridge Freezers
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- Built-in Fridges
- Freestanding Fridges
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- Air Purifiers
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- Portable Room Air Conditioners
- Split Air Conditioners
- Window Air Conditioners
- Air Coolers
- Cooling Fans
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- Dehumidifiers
- Humidifiers
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- Blenders
- Food Processors
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- Centrifugal Juicers
- Slow Juicers
- Mixers
- Other Food Preparation Appliances
- Heating Appliances
- Irons
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- Body Shavers
- Electric Facial Cleansers
- Hair Care Appliances
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- Battery Toothbrush Units
- Electric Toothbrush Units
- Other Oral Care Appliances
- Other Personal Care Appliances
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- Breadmakers
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- Espresso Coffee Machines
- Filter Coffee Machines
- Other Standard Coffee Machines
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- Hard Pods
- Soft Pods
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- Coffee Mills
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- Air Fryers
- Oil Based Fryers
- Electric Grills
- Electric Steamers
- Freestanding Hobs
- Kettles
- Rice Cookers
- Slow Cookers
- Other Small Cooking Appliances
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- Cylinder Vacuum Cleaners
- Handheld Vacuum Cleaners
- Stick Vacuum Cleaners
- Upright Vacuum Cleaners
- Steam Vacuum Cleaners
- Robotic Vacuum Cleaners
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Consumer Appliances
Consumer Appliances is the aggregation of major appliances and small appliances. Major appliances are an aggregate of the following categories: refrigeration appliances, home laundry appliances, dishwashers, large cooking appliances and microwaves. Small appliances are an aggregation of the following categories: food preparation appliances, small cooking appliances, vacuum cleaners, irons, personal care appliances, heating appliances and air treatment appliances.
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This report originates from Passport, our Consumer Appliances research and analysis database.
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