PROSPECTS AND OPPORTUNITIES
Forecast uncertain, with rising taxes and prices likely to set the tone
Forecast growth for food preparation appliances is uncertain as rising taxes and prices in 2025 will again hit the category. Due to the Red Sea Crisis, importers are unlikely to be able to offer price promotions in order to induce growth as importing to Israel is likely to remain expensive until the crisis is resolved.
Housing prices and lack of credit to dampen sales over forecast period
Very high housing prices and a lack of access to credit are also going to dampen sales over the forecast period, as, normally, people who buy a new house or apartment tend to splash out on new food appliances to go with their new kitchens or to celebrate having moved. As housing is likely to remain extremely expensive and thus inaccessible to the majority of Israelis, the poor performance of the housing market will also contribute to constraining growth in the food preparation appliances category over the forecast period.
Growth could pick up if political situaton becomes more stable
Despite a gloomy forecast period, should the Israel-Hamas war come to an end and broader geopolitical issues resolve sooner than expected, then it is likely that consumer confidence could return to the market which in turn could improve sales to some extent. Should more brands enter the market on the back of the import reform law of 2022, which would bring with it more competition and in theory lower prices, this could help to stimulate the market towards the end of the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Israel 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.
If you're in the Food Preparation Appliances industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Food Preparation Appliances in Israel 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 Food Preparation Appliances in Israel?
- Which are the leading brands in Israel?
- How are products distributed in Israel?
- 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?
Food Preparation Appliances in Israel - Category analysis
KEY DATA FINDINGS
Rising prices mean that consumers prefer to save rather than splash out
Food preparation appliances given as gifts by employees hinder market growth
Sarig remains the largest player
Forecast uncertain, with rising taxes and prices likely to set the tone
Housing prices and lack of credit to dampen sales over forecast period
Growth could pick up if political situaton becomes more stable
Consumer Appliances in Israel - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Food Preparation Appliances
- Blenders
- Food Processors
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- Centrifugal Juicers
- Slow Juicers
- Mixers
- Other Food Preparation Appliances
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See all of our definitionsWhy buy this report?
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- Track key industry trends, opportunities and threats
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This report originates from Passport, our Food Preparation Appliances research and analysis database.
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