Heating Appliances in Egypt - New Market Study Published

From: Fast Market Research, Inc.
Published: Wed Feb 11 2015

One of the main factors influencing sales of heating appliances towards the end of the review period was the emergence of air conditioners with heating as well as cooling options. This had a direct negative effect on sales of heating appliances as air conditioners are considered to be an absolute necessity in the majority of Egyptian households due to the very hot temperatures experienced in the country throughout the year, while heating appliances are often overlooked due to the very short winter season in Egypt.

Competitive Landscape

Olympic Group SAE is set to remain the leading player in heating appliances during 2014 with a 50% volume share, followed by De’Longhi SpA with 27%, a decline one percentage point from 2013. Anasia Egypt for Trading SAE is set to maintain third position in the category with the 7% value share it has held since 2012.

Industry Prospects

It is expected that rising demand for air conditioners in Egypt will remain a major negative influence on sales of heating appliances during the forecast period, stealing volume sales as increasing numbers of the air conditioners available in Egypt offer heating functions as well as a cooling functions. Following the 9% volume decline recorded in retail sales of heating appliances during 2014, it is expected that heating appliances will increase in volume at a CAGR of 3% over the forecast period as the Egyptian economy slowly stabilises.

Full Report Details at
- http://www.fastmr.com/prod/952570_heating_appliances_in_egypt.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Heating Appliances industry in Egypt 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 Heating Appliances industry in Egypt, our research will save you time and money while empowering you to make informed, profitable decisions.

The Heating Appliances in Egypt 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 Heating Appliances in Egypt?
* What are the major brands in Egypt?
* Are central heating units inhibiting potential growth for electric fires?
* Has innovation in panel heaters led to an upturn in fortunes for the category?

Reasons to Get this Report

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.

You may also be interested in these related reports:

- Heating Appliances in Germany
- Heating Appliances in Portugal
- Heating Appliances in Japan
- Heating Appliances in Taiwan
- Heating Appliances in Colombia
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »