Consumer appliances in 2024: The big picture
Consumer appliances in Taiwan posted a slight increase in retail volume growth during 2024 with current value sales rebounding well year on year. Volume sales were hampered by the strong demand for experiences and outbound travel among local consumers, the weaker performance of the housing market and relatively low consumer confidence.
2024 key trends
With Taiwan emerging from the pandemic in late 2022, consumers have started to enjoy the pleasure of outbound travel and experiences, but this resulted in lower levels of investment in consumer appliances. As such, retail volume sales of consumer appliances remained flat in 2024.
Competitive landscape
Panasonic Taiwan Co Ltd remains the clear leader in consumer appliances during 2024 thanks to its wide-ranging product portfolio spanning all categories and strong brand awareness in Taiwan. The company appeals to local consumers due to the country’s strong bond with Japan and made-in-Japan products.
Retailing developments
Retail e-commerce continued to gain traction in Taiwan over 2024. Nonetheless, manufacturers and retailers have been offering more discounts and exclusive models to attract consumers back to their stores.
What next for consumer appliances?
Consumer appliances is forecast to witness slower retail volume growth over the forecast period, with growth constrained by the weak economy, inflationary pressures and market maturity. Value growth will exceed volumes driven by trading up to premium products amid new energy regulations and inflationary factors caused by rising costs.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Appliances industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading brands in Taiwan?
- How are products distributed in Taiwan?
- 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 Taiwan
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
Dishwashers in Taiwan
KEY DATA FINDINGS
Dishwashers show slight decline in volume terms
Built-in dishwashers post higher value growth in 2024
Heavier emphasis on social media marketing to reach consumers
Dishwashers to witness stronger growth as demand rises
Table-top dishwashers will gain visibility
E-commerce to become major battlefield for all players
Home Laundry Appliances in Taiwan
KEY DATA FINDINGS
Muted sales due to weak performance of washing machines
Longer rainy season drives demand for dryers and washer dryers
Physical stores lead as retail e-commerce gains significance
Marketing investment to remain imperative in highly competitive landscape
Dryers and washer dryers are expected to witness solid growth
Domestic brands concentrate on automatic washing machines
Large Cooking Appliances in Taiwan
KEY DATA FINDINGS
Large cooking appliances in period of adjustment
Consumers are attracted by multifunctional models
Ovens remain a niche compared to other large cooking appliances
Sakura expands its leading share in large cooking appliances
Local players dominate the overall category
Construction will remain a key channel
Microwaves in Taiwan
KEY DATA FINDINGS
Microwaves post stronger current value growth as consumers trade up
Multifunctional products gain appeal among Taiwanese consumers
Microwave sales are increasingly shifting online
Local brands will deliver affordable products to help build penetration
Panasonic to consolidate its leading position in microwaves
Retail e-commerce will remain a vital channel for players
Refrigeration Appliances in Taiwan
KEY DATA FINDINGS
Demand remains muted for refrigeration appliances
Freestanding fridge freezers show signs of recovery
E-commerce sales rebound in 2024
Panasonic to retain its lead due to constant new product launches
Domestic brands offer cheaper formats to international competitors
E-commerce penetration is expected to rise
Air Treatment Products in Taiwan
KEY DATA FINDINGS
Air treatment products see moderate growth due to warmer climate and subsidies
Longer summer seasons and energy efficiency trigger strong demand for air conditioners
Dehumidifiers contribute to sales growth in air treatment products
Local brands are stronger in cooling fans and dehumidifiers
Panasonic leads air treatment products with extensive product portfolio
More players to gain consumers through group buying patterns
Food Preparation Appliances in Taiwan
KEY DATA FINDINGS
Lack of product innovation limits sales potential
Demands vary between different demographics in Taiwan
Mixers demonstrate solid volume growth buoyed by promotions
Panasonic and Philips lead the category
Imported brands differentiate themselves from local alternatives through innovation
Smaller brands increase their brand visibility through social media marketing
Personal Care Appliances in Taiwan
KEY DATA FINDINGS
Personal care appliances buoyed by hair care lines
Hair care appliances with specialised design and enhanced functionality gain appeal
Electric facial cleaners lose appeal in Taiwan
Panasonic expected to lead in personal care appliances
Local players will continue to lose ground
Tescom demonstrates its power especially in hair care appliances
Small Cooking Appliances in Taiwan
KEY DATA FINDINGS
Small cooking appliances report slight dip in volume sales as innovation weakens
Standard coffee machines post moderate volume growth amid stronger coffee culture
Rice cookers are a key appliance for the Taiwanese
Tatung to maintain its lead in small cooking appliances
Local brands have a strong position
Diversified marketing strategies will gain significance in small cooking appliances
Vacuum Cleaners in Taiwan
KEY DATA FINDINGS
Demand falls for vacuum cleaners
Robotic cleaners outperform other vacuum products
Stick vacuum cleaners post solid growth
Leading brand Dyson comes under pressure
New players are expected in vacuum cleaners
Internet influencers will remain a key marketing tool
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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