PROSPECTS AND OPPORTUNITIES
Large cooking appliances will continue to grow over the forecast period
Large cooking appliances volume sales are expected to continue to grow positively over the forecast period, supported by the real estate revival and the rebound of construction activity. Despite the positive trend, volume growth is expected to remain at a modest low single-digit rate throughout the forecast period.
Manufacturers will continue to focus on functionality and innovation to sustain volume growth
Across the forecast period, manufacturers will be focused on releasing appliances with innovative and improved features. Ovens with steam functions have become increasingly popular, with more advanced steam functionalities associated with the middle to upper price segment.
Cookers likely to see ongoing negative trend
The cookers subcategory has been on a negative trajectory for years, as the product is considered outdated and destined only for replacement purposes in secondary houses in rural areas. This trend is likely to continue, despite efforts on the part of manufacturers to bring more advanced features to traditional products.
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Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Czech Republic 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 Czech Republic, 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 Czech Republic 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 Czech Republic?
- Which are the leading brands in Czech Republic?
- How are products distributed in Czech Republic?
- 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 the Czech Republic - Category analysis
KEY DATA FINDINGS
Flexibility in induction hobs on the rise
Steam continues to be a dominant theme in ovens
Large cooking appliances sees a modest recovery in 2024
Large cooking appliances will continue to grow over the forecast period
Manufacturers will continue to focus on functionality and innovation to sustain volume growth
Cookers likely to see ongoing negative trend
Consumer Appliances in the Czech Republic - 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.
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This report originates from Passport, our Large Cooking Appliances research and analysis database.
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