While the success of the real estate market is not as directly related to the performance of smaller appliances such as food preparation appliances as it is to that of larger appliances, such as refrigeration appliances and large cooking appliances, it is nonetheless important. When moving into new homes, many people either need to purchase such products for the first time or are keen to replace old models.
The increasing importance of the private label segment within food preparation appliances will continue to push down prices in the category in the forecast period. Retailers will continue to bring in SKUs that have a lower unit price and rotate their offer more, therefore leaving a gap in the more specialist products market, which includes products with a higher unit price.
Despite still having a high unit price for the budget of most Chilean consumers, food processors are expected to recover and continue gaining penetration in the forecast period. The versatility of such products provides a good match for consumers dealing with less space in their households, as newer apartment units are generally becoming significantly smaller, making Chilean consumers choose appliances that can perform the greatest number of functions while occupying the least space.
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Understand the latest market trends and future growth opportunities for the Food Preparation Appliances industry in Chile 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 Food Preparation Appliances industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Food Preparation Appliances
Food preparation appliances includes food processors, blenders, mixers, juice extractors, citrus pressers, other food preparation appliances (eg pasta makers, electric mincers, smoothie makers, grinders and electric whisks)
See all of our definitionsThis report originates from Passport, our Food Preparation Appliances research and analysis database.
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