Following dynamic growth earlier in the review period, driven by home seclusion and government spending incentives, such as the consumption voucher scheme which was extended into 2023 to encourage consumption, retail volume growth of small cooking appliances started to notably slow in 2024, with this trend expected to continue over the forecast period.
E-commerce is expected to play an increasingly important role in the distribution of small cooking appliances over the forecast period, as local consumers have become more comfortable with shopping online since the pandemic. Many retailers have adopted an omnichannel approach to sales, allocating greater resources to developing their own digital platforms or visibility to leverage local consumers’ changing demands, including improving their customer service options as well as offering extended aftersales service.
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Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Hong Kong, China 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 Small Cooking Appliances industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Small Cooking Appliances
Small cooking appliances includes coffee machines, breadmakers, electric grills, fryers, electric steamers, kettles, coffee mills, slow cookers, and other small cooking appliances.
See all of our definitionsThis report originates from Passport, our Small Cooking Appliances research and analysis database.
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