New Study: Home Laundry Appliances in Russia

From: Fast Market Research, Inc.
Published: Tue Apr 07 2015


Home laundry appliances experienced a volume decline of 1% in 2014, caused by market saturation. The category is led by automatic washing machines, accounting for 98% of total home laundry appliances retail volume in 2014. Penetration of automatic washing machines reached 70% of households, which limits demand for new products. In the first quarter of 2014, home laundry appliances saw a decline in both domestic production and net imports. The poor macroeconomic environment and the depreciation of the Russian rouble against the US dollar and euro negatively affected local manufacturers, as imported components, such as metal and engines, are used in the production of home laundry appliances.

Competitive Landscape

In 2014, LG Electronics held the leading position in home laundry appliances, with a 25% retail sales volume share. The company is followed by Indesit Russia and Samsung Electronics Rus OOO with 23% and 12% retail sales volume shares, respectively.

Full Report Details at
- http://www.fastmr.com/prod/974502_home_laundry_appliances_in_russia.aspx?afid=301

Industry Prospects

Over the forecast period, home laundry appliances is expected to record a CAGR of 1% in both volume and value sales at constant 2014 prices. In the upcoming years, sales of home laundry appliances will be constrained by their high penetration rate and a slowdown in the construction industry. A developed lending market and moderate price growth will still give consumers opportunities to make purchases of home laundry appliances. Growth in home laundry appliances will also be stimulated by replacement purchases, as consumers will be willing to buy a new home laundry appliance to replace an old one, as well as by growth in the less developed categories.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Laundry Appliances industry in Russia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Laundry Appliances industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Laundry Appliances in Russia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Home Laundry Appliances in Russia?
* What are the major brands in Russia?

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Home Laundry Appliances in Japan
- Home Laundry Appliances in Thailand
- Home Laundry Appliances in Romania
- Home Laundry Appliances in Indonesia
- Home Laundry Appliances in South Korea

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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