Small Cooking Appliances in the Czech Republic - New Market Report

From: Fast Market Research, Inc.
Published: Sun Feb 21 2016

Small cooking appliances continued to perform positively in terms of both retail volume and value sales growth in 2015. Increasing demand for appliances that allowed for the healthy preparation of food gained popularity, in line with the rising health awareness of Czech consumers. This motivated manufacturers to innovate their products portfolios in keeping with this trend, focusing more on the improvement of healthy food preparation. As a result, small cooking appliances recorded retail volume sales growth of 2% in 2015.

Competitive Landscape

The leading position within small cooking appliances in the Czech Republic is held by Groupe SEB, which accounted for a retail volume sales share of 32% in 2015. The company’s significant sales lead over its competitors is due to it offering a wide product portfolio, being present in most categories in small cooking appliances, and its strong focus on product innovation. As a result of the company’s strong activities, it recorded a one percentage point gain in retail volume sales share in 2015, up from 31% in 2014.

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Industry Prospects

The trend towards healthier eating is expected to gain importance in the country over the forecast period, thereby supporting the growth of small cooking appliances intended for use in healthy meal preparation. Consumers are likely to use more small cooking appliances in their kitchens, due to the rising popularity of international cuisine and the preparation of more unusual meals. As a result of these factors, small cooking appliances is expected to see positive retail volume sales growth over the forecast period, at a predicted CAGR of 1%.

Report Overview

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

The Small Cooking Appliances in Czech Republic 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 Small Cooking Appliances in Czech Republic?

About Fast Market Research

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You may also be interested in these related reports:

- Small Kitchen Appliances (Non-Cooking) in the Czech Republic
- Consumer Appliances in the Czech Republic
- Large Cooking Appliances in the Czech Republic
- Small Kitchen Appliances (Non-Cooking) in Russia
- Small Kitchen Appliances (Non-Cooking) in Romania

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