Consumer appliances in 2024: The big picture
In 2024, demand for consumer appliances remained weak in Sweden as stubborn inflationary pressures and higher interest rates cut into household disposable income. Retail volume sales continued to decline but at a slower pace compared to the previous two years.
2024 key trends
Economic challenges in 2024 were also linked to the weak housing market in Sweden. According to Boverket, the Swedish National Board of Housing, Building and Planning, new home builds in 2024 were approximately 16% lower than in 2023.
Competitive landscape
In the challenging economic climate, lesser-known brands and private label have made some gains, reflecting the high level of consumer price sensitivity and elevated focus on price when buying consumer appliances. Recognisable and established brand manufacturers came under pressure in 2024 as household purchasing decisions were driven more by price than brand loyalty.
Retailing developments
Retailers are actively tailoring their offerings to meet current household demands. For example, Elgiganten states it is developing new offerings that allow its customers to purchase high quality appliances at lower retail price points.
What next for consumer appliances?
The weakness in the economic climate is expected to continue into the initial years of the forecast period. Cost of living pressures derived from inflation and higher interest rates will continue to impact on disposable income levels, weakening spending power and affecting the desire to buy consumer appliances.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Appliances industry in Sweden 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 Sweden, 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 Sweden 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 Sweden?
- Which are the leading brands in Sweden?
- How are products distributed in Sweden?
- 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 Sweden
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
Dishwashers in Sweden
KEY DATA FINDINGS
Cost of living pressures weigh on volume sales
Swedes value the convenience of dishwashers
Noise reduction is of high importance to Swedish households
Challenging period as household penetration falls
Energy efficiency demands set to flourish
Convenience is key advantage in dishwashers
Home Laundry Appliances in Sweden
KEY DATA FINDINGS
Weak economy and price sensitivity shape purchasing decisions
Energy efficiency aims to deliver cost savings for households
Consumers are shifting to automatic washer dryers
Further economic challenges for home laundry appliances
Smaller households offer players new sales opportunities
Energy efficiency and sustainability will shape purchasing decisions
Large Cooking Appliances in Sweden
KEY DATA FINDINGS
Households are reluctant to invest in large cooking appliances
Countertop cooker hoods is an emerging niche
Manufacturers focus on design and aesthetics
Ongoing challenges due to weak economic forces
Connectivity enhancements can drive the premiumisation trend
Versatility is an imperative when choosing large cooking appliances
Microwaves in Sweden
KEY DATA FINDINGS
Microwave sales are under pressure
Design and customisation is of key importance
Multifunctionality is providing sales opportunities
Uncertain economic outlook will dampen sales of microwaves
Microwaves face threat from multifunctional ovens
Importance of design to prevail
Refrigeration Appliances in Sweden
KEY DATA FINDINGS
Further decline in volume sales over 2024
Energy efficient models stand out in Sweden
Design-led choices are key among Swedish households
Difficult economic climate will depress sales
Connectivity offers scope to drive premiumisation
Energy efficiency offers long-term cost savings
Air Treatment Products in Sweden
KEY DATA FINDINGS
Volume sales fall in air treatment products
Larger audience is attracted towards air treatment solutions
Design weighs on purchasing decisions and features
Brighter outlook in the latter years of forecast period
Design-led products offer value sales opportunities
Health and wellbeing to spur household interest in air treatment products
Food Preparation Appliances in Sweden
KEY DATA FINDINGS
Food preparation appliances report volume declines
Hobby cooks spark interest in food preparation appliances
Manufacturers develop functionality to boost convenience appeal
Gloomy outlook ahead in food preparation appliances
Premiumisation trend offers scope to entice consumers
Multifunctional appliances will be attractive to budget conscious consumers
Personal Care Appliances in Sweden
KEY DATA FINDINGS
Electric toothbrushes support volume growth
Lower volumes for body shavers and hair care appliances
Multifunctionality offered by personal care appliances
Bright outlook for oral care appliances
Modern lifestyles dictate ongoing need for personal care appliances
Continued focus on technology to raise efficacy of oral care appliances
Small Cooking Appliances in Sweden
KEY DATA FINDINGS
Flat volume sales in small cooking appliances
Sustainability trend is gaining traction
Health and wellness weighs on purchasing decisions
Muted sales outlook for small cooking appliances
Smaller households require compact and versatile appliances
Premiumisation trend to gather pace
Vacuum Cleaners in Sweden
KEY DATA FINDINGS
Volume sales decrease in vacuum cleaners
Dreame gains ground in robotic vacuum cleaners
Players seek to remove the chore from cleaning
Healthier outlook towards end of forecast period
Respiratory health and sustainability are key influencers on purchasing decisions
Innovation to simulate consumer interest and drive value sales
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.
See all of our definitionsWhy buy this report?
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This report originates from Passport, our Consumer Appliances research and analysis database.
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