PROSPECTS AND OPPORTUNITIES
High house prices likely to dampen growth of home laundry appliances
In the forecast period, economic and political uncertainty are expected to lead to longer replacement cycles. Consumers are likely to prioritise purchasing day-to-day necessities over expensive home laundry appliances, especially since consumers can hang their clothes out to dry for free during most periods of the year.
Builder merchants and construction could see problems on back of stagnating industry
Should the stagnation in the construction industry continue into the forecast period, the ability to receive revenue to pay construction companies' debts will be impaired for companies managing projects that are in their early stages. This could lead to the bankruptcies of some construction companies over 2024-2026, which again would negatively impact sales of home laundry appliances via the builder merchants and construction channel.
Rising costs of electricity likely to drive sales of energy efficient appliances
With an energy rating label for electrical appliances entering Israel, which is based on European regulations, being introduced in the review period, consumers are now able to compare the energy efficiency of different models of appliances, helping them to make more informed purchasing decisions. The sales of energy efficient products, spurred by this alignment with EU energy regulations, will be a driving force in home laundry appliances demand during the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Laundry 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 Home Laundry 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 Home Laundry 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 Home Laundry 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?
Home Laundry Appliances in Israel - Category analysis
KEY DATA FINDINGS
Prices rise again on washing machines and dryers.
Stagnation in the housing market limits growth of home laundry appliances.
Leading player, BSH, targets demand for convenience
High house prices likely to dampen growth of home laundry appliances
Builder merchants and construction could see problems on back of stagnating industry
Rising costs of electricity likely to drive sales of energy efficient appliances
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:
Home Laundry Appliances
- 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
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Laundry Appliances research and analysis database.
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