Appliances and Electronics Our insights capture shifts in consumer lifestyles and themes impacting the global consumer appliances, electronics, and toys and games markets. Themes include new business models, sustainability, innovation and the future home.

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Five Small Appliances Trends to Watch in 2024

Jason Tjiptadi

Jason Tjiptadi

5 Apr 24

In 2023, small appliances witnessed modest growth, mainly driven by the replacement of products purchased during the pandemic. The response to COVID-19 had a habit-forming impact on many consumers, who have become used to making coffee at home using espresso machines and enjoying the convenience of a robotic vacuum cleaner. Many of these appliances are now an integral part of a consumer’s home. However, growth was weaker than predicted, as high interest rates and inflation resulted in reduced disposable incomes.

Article

Five Major Appliances Trends to Watch in 2024

Veronika Kandusova

Veronika Kandusova

27 Mar 24

The major consumer appliances market saw a challenging 2023 in volume sales terms as consumers continued to scale back amid inflation and economic uncertainties. However, industry innovations kept many interested, helping keep the major appliances market healthy in terms of value.

Article

Occasion Cleaning and the Future of Home Care and Appliances

Lauren Acker

Lauren Acker

21 Mar 24

Post-pandemic, consumers are cleaning less often, shifting from daily routines to cleaning only when necessary, a trend known as "Occasion Cleaning." Furthermore, household sizes are decreasing globally due to stagnant population growth, diminishing the demand for regular deep cleaning and impacting the utilisation of home care products and appliances.

Article

Heat Pumps: The Low-carbon Heating and Cooling System of the Future

Tim Chuah

Tim Chuah

4 Mar 24

Heat pumps are the low-carbon heating and cooling systems of the future. The EU has identified them as a sustainable solution to reach its goal of energy independence and decarbonisation. In the long term, heat pumps have the potential to replace air conditioners and boilers, becoming the all-in-one air treatment appliance.

Article

No Netflix, No YouTube? Not A Problem for Apple Vision Pro

Loo Wee Teck

Loo Wee Teck

28 Feb 24

Despite its hefty price tag and a lack of support from established content providers like Netflix, Spotify and YouTube, early sales of Apple Vision Pro appear to be positive given how quickly shipping times started lengthening. While it remains to be seen whether Apple will be able to sustain this early demand, the company can bank on its strong ecosystem to satisfy the demand from early adopters, who are usually hardcore Apple fans.

Article

Sustainability Focus as a Cost-Saving Strategy for Australian Major Appliance Brands

Icey Huang

Icey Huang

20 Feb 24

This blog delves into how sustainability has emerged as a pivotal opportunity for consumer appliance manufacturers to resonate with consumers amidst a cost-of-living crisis, emphasising energy efficiency, food waste solutions, and packaging recycling.

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