PROSPECTS AND OPPORTUNITIES
Urbanisation and modern living trends to push the demand for built-in hobs and cooker hoods
Overall, retail volume sales of large cooking appliances are projected to rebound with growth rising incrementally from moderate to strong as the forecast period progresses. The ongoing rise in the adoption of induction built-in hobs and cooker hoods and an increasing number of new homeowners are expected to drive the growth in demand.
Smart features and materials to convince young adult consumers
Young adults are increasingly influential in their families' purchasing decisions for large cooking appliances. They actively research online to compare brands and products and determine the best value for money purchases.
Large cooking appliances to gain from omnichannel retailing development
Local consumers are particularly careful when selecting large appliances for the kitchen. The kitchen is traditionally viewed as the heart of a Vietnamese home, acting a central gathering space for family members.
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Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Vietnam 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 Vietnam, 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 Vietnam 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 Vietnam?
- Which are the leading brands in Vietnam?
- How are products distributed in Vietnam?
- 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 Vietnam - Category analysis
KEY DATA FINDINGS
Consumers continue to delay kitchen renovations and purchases of large cooking appliances
The competitive landscape intensifies through promotions and product improvements
Safety and sustainable features remain important for consumers when choosing large cooking appliances
Urbanisation and modern living trends to push the demand for built-in hobs and cooker hoods
Smart features and materials to convince young adult consumers
Large cooking appliances to gain from omnichannel retailing development
Consumer Appliances in Vietnam - 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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