With retail volume sales of automatic dryers and automatic washer dryers declining in 2023, sales are set to be boosted across the coming years, resulting in positive retail volume growth for both categories. A predicted slowdown will aid sales in price increases, while rising promotional activities from both manufacturers and retailers will drive volume sales.
Following the decline in retail volume sales noted in 2023, automatic washing machines are set to see a continued downward trend across the forecast period, not expected to mirror the uplift that will be seen in automatic dryers and automatic washer dryers. Due to uncertain economic conditions in the country, the Prolonged replacement cycle for automatic washing machines will continue to challenge sales.
The development of home laundry appliances is set to focus on sustainability over the forecast period, with consumers increasingly interested in eco-friendly alternatives. Despite comparatively high prices and the rising risk of a significant correction in Hungary's housing market, demand for built-in home laundry appliances will return to positive growth and remain buoyant during the forecast period.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Home Laundry Appliances industry in Hungary 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 Home Laundry Appliances industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
See All of Our DefinitionsThis report originates from Passport, our Home Laundry Appliances research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!