PROSPECTS AND OPPORTUNITIES
Demand is expected to bounce back as the Spanish housing market shows the first signs of recovery
The pandemic and the subsequent cost of living crisis significantly disrupted the demand for home laundry appliances in Spain, leading to a notable decline in both retail volume terms during 2023 and 2024. These challenges, combined with prevailing economic uncertainty, caused consumers to delay purchases, thereby impacting the overall market demand.
New players likely to enter the market and provide competition to the established leaders
Home laundry appliances in Spain is likely to witness fierce competition over the forecast period as new players enter the market and gain traction, challenging the long-established leaders. BSH Electrodomésticos España SA, with its Balay, Bosch and Siemens brands, is likely to hold onto the top position.
Energy efficiency and durability expected to drive innovation in the category over the forecast period
Consumers are keen to reduce their energy use. This is being driven primarily by financial worries over rising energy bills rather than environmental consciousness.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Home Laundry Appliances industry in Spain 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 Spain, 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 Spain 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 Spain?
- Which are the leading brands in Spain?
- How are products distributed in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Slow down in the real estate market negatively impacts demand for home laundry appliances
Competitive landscape remains stable
Innovation remains a key sales driver in 2024
Demand is expected to bounce back as the Spanish housing market shows the first signs of recovery
New players likely to enter the market and provide competition to the established leaders
Energy efficiency and durability expected to drive innovation in the category over the forecast period
Consumer Appliances in Spain - 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
-
- Built-in Automatic Dryers
- Freestanding Automatic Dryers
-
- Built-in Automatic Washer Dryers
- Freestanding Automatic Washer Dryers
-
- 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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!