PROSPECTS AND OPPORTUNITIES
Retutn to growth
Small cooking appliances is set to see a return to positive volume growth in the forecast period. The increasing demand for these appliances will be significantly bolstered by rising consumer interest in healthy meal preparation.
Environmental concerns underrmine demand for pod coffee machines
The coffee machines subcategory is expected to continue to underperform over the forecast period, with the main reason being the declining popularity of pod coffee machines. The low levels of innovation and significant environmental load of using pods will make for decline as consumers’ awareness of sustainability issues continues to rise.
Positive outlook for air fryers
More consumers are likely to try air fryers as they look for healthier and quicker ways to prepare their meals. Already two key trends in consumer appliances overall, health and convenience are expected to grow in importance in the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Hungary 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 Small Cooking Appliances industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Small Cooking Appliances in Hungary 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 Small Cooking Appliances in Hungary?
- Which are the leading brands in Hungary?
- How are products distributed in Hungary?
- 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?
Small Cooking Appliances in Hungary - Category analysis
KEY DATA FINDINGS
Slight decline in volumes
Waning demand for coffee machines
Growing interest in healthy meal preparation
Retutn to growth
Environmental concerns underrmine demand for pod coffee machines
Positive outlook for air fryers
Consumer Appliances in Hungary - 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:
Small Cooking Appliances
- Breadmakers
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- Espresso Coffee Machines
- Filter Coffee Machines
- Other Standard Coffee Machines
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- Hard Pods
- Soft Pods
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- Coffee Mills
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- Air Fryers
- Oil Based Fryers
- Electric Grills
- Electric Steamers
- Freestanding Hobs
- Kettles
- Rice Cookers
- Slow Cookers
- Other Small Cooking Appliances
Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.
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 Small Cooking Appliances research and analysis database.
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