Market Share of Europe Home Appliances Industry
The home appliances market in Europe is moderately concentrated, with the presence of many international and regional companies offering major household appliances and small household appliances. Companies operating in the household appliances market in Europe continuously engage in R&D and innovation to exist in the competitive market environment. This is due to the growing competition and increased demand for innovative products. The major product innovations introduced are in terms of technology, performance, features, and design. Customers also look for household appliances that can perform multiple tasks with minimal resources.
Europe Home Appliances Market Leaders
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Arcelik AS
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AB Electrolux
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Robert Bosch GmbH
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Whirlpool Corporation
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LG Electronics
*Disclaimer: Major Players sorted in no particular order
