During the forecast period, small cooking appliances volume sales are set to be dampened by weak consumer sentiment due to stubborn cost of living pressures. Feeling less secure in their financial wellbeing, households are expected to display caution in their purchasing decisions.
Heightened consumer awareness of sustainability issues is likely to exert a growing influence on demand for small cooking appliances during the forecast period. It will be imperative for manufacturers to demonstrate their sustainability credentials to appease household sustainability concerns.
Consumers are increasingly demanding customisation and personalisation in their choice of appliance and a willingness to pay a price premium for such options. With the ability to choose unique designs, a variety of colour schemes to match with interior design preferences, and the offer of various attachments to fulfil specific needs and provide increased versatility, there are opportunities for manufacturers to capitalise on this trend and to add a premium to pricing points going forward.
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Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Norway 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 Norway, 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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