New Market Research Report: Global Major Appliances: Industry Overview and Future Hotspots Post Recession
The global economic downturn of 2008 and 2009 had a significant impact on sales of major appliances, with consumers reluctant to spend. Sales of major appliances have since returned to growth, thanks to robust demand in emerging regions like Asia Pacific and Latin America. With living standards rising in these regions, the industry is seeing growth in niches such as built-in appliances, innovative technologies and energy efficient models.
View full press release