During 2015, the positive growth rates which were already evident in dishwashers in 2014 were confirmed as category maintained strong volume growth of 10% and current value growth of 5%. The recovery of consumer purchasing power was the main driver behind this positive growth. After several years of economic difficulties, many Spaniards were able to replace their old dishwashers instead of repairing them in 2015.
Competitive Landscape
BSH Electrodomésticos SA underlined its leadership in dishwashers in 2015 with a 36% volume share. The companyâ??s Bosch and Balay brands remain the two leading dishwashers brands in Spain with respective volume shares of 17% and 12% in 2015. Electrolux Home Products Espa?a SA followed in second position in 2015 with a 14% volume share. Fagor Electrodomésticos Coop S was able to maintain its third position in the category in 2015 despite the financial difficulties the company experienced in 2013 and 2014, which forced the company to reduce the scale of the production and distribution of its products. As a consequence, its volume share fell by five percentage points in 2014 and a further one percentage point in 2015 as the company finished the review period on 9%.
Full Report Details at
- http://www.fastmr.com/prod/1112647_dishwashers_spain.aspx?afid=302
Industry Prospects
During the forecast period, sales of dishwashers in Spain are expected to continue growing due to the expansion of consumer purchasing power. The Spanish economy is set to remain on the path of positive growth throughout the forecast period, with the subsequent creation of new employment opportunities and the expansion of credit facilities.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Dishwashers industry in Spain 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 Dishwashers industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
The Dishwashers in Spain 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 Dishwashers in Spain?
* What are the major brands in Spain?
* How has this high unit price, low global penetration category been affected by recessionary pressure?
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"Dishwashers in Spain" Published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001