Wiring Device Market Research in Poland and Romania
- Research Service Type :
- Region :
- Countries :
- Industry :
background & purpose
Home appliance market in Poland
Poland has emerged as a manufacturing hub in the European home appliances industry. The country’s revenue in the industry is projected to reach US$3.81bn in 2023 and anticipated to have an annual growth rate of 7.58% (CAGR 2023-2028). In the European market, Poland holds 35% of EU household appliances production. One of the causes of this growth is due to the initiatives implemented by the government such as Polish Investment and Trade Agency’s Polish Investment Zone.
Home appliance market in Romania
The primary catalyst for this industry’s market growth is the shift toward innovative and energy-efficient technologies for residential use. This growth is driven by two distinct segments within the market:
1. Major Appliances which consists of fridges, cookers, and ovens
2. Small Appliances which consists of small kitchen appliances, irons, and hair dryers.
To understand the market size, brand share, distribution model, and competitors, GLOBAL ANGLE conducted a comprehensive market research on the wiring device segment of the home appliances industry.
project scope & action
Conduct desk research on competitors and their products
Visit retailers and distributors in each country (Romania, Poland) to understand the market from the local perspectives
Analyse results from interviews and desk research to estimate market sizes and brand share