The growing reliance on food delivery services could pose a threat to the future demand for food preparation appliances. The convenience and variety offered by food delivery apps could potentially reduce the incentive for consumers to invest in home cooking appliances.
Online sales of food preparation appliances soared over the review period, boosted by the pandemic. While initially many consumers were attracted by the convenience of shopping online the shift towards e-commerce is increasingly being fuelled by the value that can be achieved by shopping online.
The phasing out of Malaysia’s diesel subsidy was expected to drive inflation up in 2024 which could push local consumers to look for value for money deals on food preparation appliances, at least during the early part of the forecast period with food and grocery prices remaining elevated. However, this situation could also prompt consumers to focus on saving money on non-essentials due to the high cost of living.
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Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 definitionsThis report originates from Passport, our Food Preparation Appliances research and analysis database.
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