With falling interest rates and declining inflation, consumer purchasing power is expected to improve over the forecast period, leading to a more optimistic outlook for appliances and electronics specialists. As financial pressures ease, there should be an uptick in demand for discretionary items, including electronics and appliances.
Elgiganten has partnered with energy company OK to establish fast and quick electric vehicle (EV) charging stations at its customer parking lots, thereby providing an additional layer of convenience for electric car owners. By early 2024, the first of 146 charging points across 30 locations will be installed, with further expansion planned.
Consumers are becoming increasingly conscious of the wider impact of their purchasing decisions, while the government and the EU are placing growing pressure on businesses to become more responsible with regard to sustainability initiatives. In line with this, at the end of 2024, Elgiganten launched a repair-focused campaign to promote sustainability and combat the use-and-throwaway culture.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Denmark 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 Appliances and Electronics Specialists industry in Denmark, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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