New Consumer Goods research report from Euromonitor International is now available from Fast Market Research
Boston, MA -- (SBWIRE) -- 06/09/2014 -- With the exception of cookers, with penetration rates of 92%, few large cooking appliances were to be found in Ukrainian kitchens in 2013. New house completions slowed down during the global economic crisis and consumer incomes remained too low to allow purchases of non-essentials. As a result, large cooking appliances? potential was unrealised and retail volume sales declined by 2% to 1.2 million units.
Large cooking appliances is comparatively fragmented due to the number of products types involved. Leading player Gorenje TOV accounted for 18% of retail volume sales in 2013 due to its diverse range of large consumer appliances. In 2013, the company was one of the most successful players with the biggest gain in share posted (+1%) since had an appeal with reliability and quality of its large cooking appliances with designer features at place.
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In future, growth in large cooking appliances will be largely concomitant with economic developments in the country. Provided the economy continues to stabilise, consumer incomes are expected to rise and allow Ukrainians to consider replacements and new purchases of large consumer appliances. Large cooking appliances is expected to register a CAGR of 2% in retail volume terms over the forecast period.
Discover the latest market trends and uncover sources of future market growth for the Large Cooking Appliances industry in Ukraine with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Large Cooking Appliances industry in Ukraine, our research will save you time and money while empowering you to make informed, profitable decisions.
The Large Cooking Appliances in Ukraine market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Large Cooking Appliances in Ukraine?
- What are the major brands in Ukraine?
- What is the most common cooking appliances in Ukraine?
- Has there been a shift to higher unit price built-in products?
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- Track key industry trends, opportunities and threats
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