PROSPECTS AND OPPORTUNITIES
Macro-economic conditions set to dampen demand
The economic outlook is uncertain. Higher for longer interest rates and cost of living pressures are hurting household spending power and lowering disposable income levels.
Rising awareness of sustainability issues
Increasing concerns about sustainability represent a potential threat to the magnitude of forecast period volume growth rates. The rise in sustainability awareness is set to encourage households to consider alternatives to retail purchases, such as purchasing second-hand products, repairing existing appliances, or buying refurbished models.
Connectivity and the rise of smart, AI-enabled technology
Technological innovation and the use of increasingly advanced digital technologies are set to increase the value proposition in large cooking appliances and protect manufacturers’ profit margins in the context of weakening volume demand. For instance, there are opportunities for manufacturers to bundle the provision of services with purchases of appliances, such as the performance of remote diagnostics by service technicians.
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Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Norway 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 Large Cooking Appliances industry in Norway, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Large Cooking Appliances in Norway 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 Large Cooking Appliances in Norway?
- Which are the leading brands in Norway?
- How are products distributed in Norway?
- 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?
Large Cooking Appliances in Norway - Category analysis
KEY DATA FINDINGS
Downward pressure on volume sales
Efficacy improvements
Health and wellbeing
Macro-economic conditions set to dampen demand
Rising awareness of sustainability issues
Connectivity and the rise of smart, AI-enabled technology
Consumer Appliances in Norway - 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:
Large Cooking Appliances
- 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
Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.
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 Large Cooking Appliances research and analysis database.
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