PROSPECTS AND OPPORTUNITIES
Uncertain outlook
During the forecast period, small cooking appliances volume sales are set to be dampened by weak consumer sentiment due to stubborn cost of living pressures. Feeling less secure in their financial wellbeing, households are expected to display caution in their purchasing decisions.
Focus on sustainability
Heightened consumer awareness of sustainability issues is likely to exert a growing influence on demand for small cooking appliances during the forecast period. It will be imperative for manufacturers to demonstrate their sustainability credentials to appease household sustainability concerns.
Potential for upmarket shift
Consumers are increasingly demanding customisation and personalisation in their choice of appliance and a willingness to pay a price premium for such options. With the ability to choose unique designs, a variety of colour schemes to match with interior design preferences, and the offer of various attachments to fulfil specific needs and provide increased versatility, there are opportunities for manufacturers to capitalise on this trend and to add a premium to pricing points going forward.
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Overview:
Understand the latest market trends and future growth opportunities for the Small 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 Small 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 Small 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 Small 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?
Small Cooking Appliances in Norway - Category analysis
KEY DATA FINDINGS
Falling volume sales
Space and multi-functionality
Air fryers subcategory taps into health and wellness trend
Uncertain outlook
Focus on sustainability
Potential for upmarket shift
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:
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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