Switzerland Kitchen Appliances Products Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 2.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Switzerland Kitchen Appliances Products Market Analysis
The kitchen appliances market in Switzerland has grown significantly in the past and is expected to continue to do the same in the coming years owing to the favorable income levels of the consumers as well as the stable and steadily growing economy of the country. Its economic performance has been assisted by improving consumer sentiment, higher employment, and a strong showing by the export sector. Consumers enjoy more sophisticated coffee machines. Though store retailers dominate, internet retailing gains ground. Electronics and appliance specialist retailers remain the leading distribution channel driving the kitchen appliance sales in Switzerland. However, the fastest-growing channel is internet retailing. It is set to continue gaining share over the forecast period due to the convenience and high level of price transparency that it offers, along with the rapid expansion of Amazon and other online pure players. The kitchen appliances market in Switzerland has grown significantly in the past and is expected to continue to do the same in the coming years owing to the favorable income levels of the consumers as well as the stable and steadily growing economy of the country. Its economic performance has been assisted by improving consumer sentiment, higher employment, and a strong showing by the export sector. Consumers enjoy more sophisticated coffee machines. Though store retailers dominate, internet retailing gains ground. Electronics and appliance specialist retailers remain the leading distribution channel driving the kitchen appliance sales in Switzerland. However, the fastest-growing channel is internet retailing. It is set to continue gaining share over the forecast period due to the convenience and high level of price transparency that it offers, along with the rapid expansion of Amazon and other online pure players.
Switzerland Kitchen Appliances Products Market Trends
This section covers the major market trends shaping the Switzerland Kitchen Appliances Products Market according to our research experts:
Small Cooking Appliances are Innovating Rapidly Compared to Major Appliances
The performance of the smaller appliances was majorly supported by the growing interest in consumer nutrition with appliances that enable consumers to prepare balanced and nutritious meals eyeing stronger growth. Food preparation appliances such as slow juicers, food processors, blenders, along with small cooking appliances such as light fryers and electric steamers performed well over the review period and continue to maintain the trend in the forecast period as well.
Internet Retailing is Giving Immense Support to the Appliances Market
Current value sales through internet retailing continued to post a strong performance in 2018. Internet retailers continued to offer Swiss consumers the opportunity to shop around for the best prices at any time, as well as the ability to view a large variety of products and related information in a convenient way. In 2018, internet retailers are more eager to invest heavily to develop their online capabilities and hence shift their focus from providing straightforward online purchasing functions to offering a wider shopping experience to their consumers. Domestic player Digitec Galaxus AG held the top position in the internet retailing in 2018. Digitec is an online market leader in IT, consumer electronics and telecommunication, while Galaxus offers a broad product range including household items, toys, and sports equipment.
Switzerland Kitchen Appliances Products Industry Overview
Market is highly fragmented with many local players leading the small appliances. The top players slightly consolidate their shares over the review period.
Switzerland Kitchen Appliances Products Market Leaders
-
GE Appliances
-
Panasonic
-
Bertazzoni switzerland
*Disclaimer: Major Players sorted in no particular order
Switzerland Kitchen Appliances Products Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
- 2.1 Analysis Methodology
- 2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Current Market Scenario
-
4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4 Value Chain / Supply Chain Analysis
- 4.5 Industry Policies and Regulations
- 4.6 Insights on the Differences in the Consumption Patterns of Electrical Vs. Traditional Kitchen Appliances
- 4.7 Technological Integration in the Usage of Kitchen Appliances
- 4.8 Advertising Strategies Implemented by the Market Players
- 4.9 Insights on the Innovative Strategies in the Distribution of Kitchen Appliances
5. MARKET SEGMENTATION
-
5.1 BY Product type
- 5.1.1 Food Processing
- 5.1.2 Small Kitchen
- 5.1.3 Large Kitchen
- 5.1.4 Others
-
5.2 By Channel
- 5.2.1 Offline
- 5.2.2 Online
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
-
6.2 Company Profiles
- 6.2.1 GE Appliances
- 6.2.2 Panasonic Corporation
- 6.2.3 KitchenAid
- 6.2.4 Electrolux
- 6.2.5 Samsung Electronics
- 6.2.6 Whirlpool
- 6.2.7 Morphy Richards
- 6.2.8 Philips
- 6.2.9 Bertazzoni
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
- 7.1 Recent Mergers and Acquisitions
8. FUTURE OF THE KITCHEN APPLIANCES PRODUCTS MARKET IN SWITZERLAND
9. DISCLAIMER
** Subject To AvailablitySwitzerland Kitchen Appliances Products Industry Segmentation
A complete background analysis of the Switzerland Kitchen Appliances Industry, which includes an assessment of the national accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview is covered in the report.
| BY Product type | Food Processing |
| Small Kitchen | |
| Large Kitchen | |
| Others | |
| By Channel | Offline |
| Online |
Switzerland Kitchen Appliances Products Market Research FAQs
What is the current Switzerland Kitchen Appliances Market size?
The Switzerland Kitchen Appliances Market is projected to register a CAGR of greater than 2% during the forecast period (2024-2029)
Who are the key players in Switzerland Kitchen Appliances Market?
GE Appliances, Panasonic and Bertazzoni switzerland are the major companies operating in the Switzerland Kitchen Appliances Market.
What years does this Switzerland Kitchen Appliances Market cover?
The report covers the Switzerland Kitchen Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Switzerland Kitchen Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Kitchen Appliances in Switzerland Industry Report
Statistics for the 2024 Kitchen Appliances in Switzerland market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Kitchen Appliances in Switzerland analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
