The challenging economic outlook and persistent cost of living pressures will continue to hamper demand for small cooking appliances. Higher interest rates will result in a higher share of expenditure on mortgages and rent, with less money available to purchase kitchen appliances.
The size of households will continue to shrink over the forecast period, resulting in smaller living spaces in Sweden and a need to buy versatile space-saving appliances. This feature is evolving to become a “must” in the purchasing decision making process rather than a “nice to have” attribute.
Increasingly, consumers will be willing to pay a premium for small appliances that offer designs promoting exclusivity and personalisation. The importance of design is tied to the trend towards smaller living spaces as smaller living spaces typically mean less storage space.
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Understand the latest market trends and future growth opportunities for the Small Cooking Appliances industry in Sweden 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 Sweden, 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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