Consumer Appliances in Hong Kong, China

TABLE OF CONTENTS

List Of Contents And Tables

EXECUTIVE SUMMARY

• Slow retail volume sales growth in a challenging market

KEY DATA FINDINGS

• CHART 1 Key Trends 2025
• CHART 2 Analyst Insight

INDUSTRY PERFORMANCE

• Varying retail volume growth performances
• Multi-functionality and compact design and smart and AI-powered appliances shape the industry
• CHART 3 Bosch Releases a 82x60cm Mini Fridge for Space-Conscious Consumers
• CHART 4 Samsung Launches its Bespoke AI Microwave Series
• Sustainability drives innovation in product design
• CHART 5 Panasonic Launches Energy-Efficient Rice Cooker with Induction Heating/Infrared Tech

WHAT'S NEXT?

• Microwaves to register the highest retail volume and value CAGRs
• Air conditioners to remain the largest contributor in value sales terms
• Personal care appliances to maintain highest retail volume sales
• CHART 6 Growth Decomposition of Consumer Appliances 2024-2029

COMPETITIVE LANDSCAPE

• Leading companies gain a competitive edge through innovation catering to key trends
• New entrants and e-commerce pose challenges

CHANNELS

• Apparel and electronics specialists retain their appeal among local consumers
• Retail e-commerce develops as a channel to gain weight in the industry

ECONOMIC CONTEXT

• CHART 7 Real GDP Growth and Inflation 2020-2030
• CHART 8 PEST Analysis in Hong Kong, China 2025

CONSUMER CONTEXT

• CHART 9 Key Insights on Consumers in Hong Kong, China 2025
• CHART 10 Consumer Landscape in Hong Kong, China 2025

SOURCES

• Summary 1 Research Sources

DISHWASHERS IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Faster retail value than volume growth in an innovating market
• CHART 11 Key Trends 2025
• CHART 12 Analyst Insight

INDUSTRY PERFORMANCE

• Positive socioeconomic and technology trends push sales of dishwashers
• CHART 13 Bosch Smart Dishwashers for a Seamless Smart Home Experience
• Built-in dishwashers gain interest but freestanding remains the most popular format
• CHART 14 Electrolux ESF6010BW: Compact Dishwasher with Multiple Wash Settings
• Sustainability and energy and space efficiency inform consumer choices
• CHART 15 Midea Launches Compact Countertop Dishwasher

WHAT'S NEXT?

• Manufacturers to focus on water and energy efficiency
• Built-in dishwashers to post the fastest growth amid accommodating kitchen designs
• Smart technology and sustainability to drive growth

COMPETITIVE LANDSCAPE

• Top players leverage innovation and premiumisation
• Development and growth opportunities abound

CHANNELS

• Appliances and electronics specialists drive offline sales
• Retail e-commerce gains traction with competitive pricing

HOME LAUNDRY APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Smart, sustainable, space and energy factors drive development and demand
• CHART 16 Key Trends 2025
• CHART 17 Analyst Insight

INDUSTRY PERFORMANCE

• Smart features drive sales despite economic challenges
• Largest category continues to see development
• CHART 18 LG Showcases New LG AI Core Tech in its Washing Machines
• Sustainability and energy efficiency boost value sales
• CHART 19 Miele's Washing Machines with EcoFeedback Show Detailed Resource Usage

WHAT'S NEXT?

• Key late review period trends to stimulate a return to retail volume and value sales growth
• Automatic washer dryers to gain from demand for space-saving and functionality
• Hyper-personalisation and sustainability to shape home laundry appliances

COMPETITIVE LANDSCAPE

• Siemens and Whirlpool lead with smart and sustainable offerings
• New entrants and innovations to shape market dynamics

CHANNELS

• Appliances and electronics specialists drive offline sales
• Retail e-commerce grows with competitive pricing and wider choice

PRODUCTS

• Electrolux's compact washing machines draw praise
• CHART 20 Electrolux Compact Washing Machines a Boon for Space Starved Local Consumers

LARGE COOKING APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Large cooking appliances enjoy robust demand
• CHART 21 Key Trends 2025

INDUSTRY PERFORMANCE

• Socioeconomic improvements and essentiality boost large cooking appliances
• Sustainability drives value sales
• CHART 22 Miele's Cooker Hood Saves Up to 50% Electricity with its ECO Motor
• Smart and AI-powered trend adds dynamism to large cooking appliances
• CHART 23 Convotherm Mini Pro Implements AI in its New Mini Oven

WHAT'S NEXT?

• Hyper-personalisation and sustainability to drive growth opportunities
• Built-in hobs to remain dominant but there is a shift towards sophistication
• Steam ovens to gain from health and wellness consumption

COMPETITIVE LANDSCAPE

• Stable leaders see competition on the horizon
• Innovation and sustainability drive competitive dynamics

CHANNELS

• Retail e-commerce gains traction with competitive pricing
• No new retail brands or concepts emerge

PRODUCTS

• Samsung drives compact oven innovation with increased storage
• CHART 24 Samsung's Neo Compact Oven Released with More Storage Space than Normal Ovens

MICROWAVES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Microwave oven demand and offer becoming increasingly sophisticated
• CHART 25 Key Trends 2025

INDUSTRY PERFORMANCE

• Multi-functionality and convenience drive sales growth
• CHART 26 Panasonic Launches its New NN-CD88 4-in-1 Air Fry Convection Microwave Oven
• Freestanding microwaves dominate the market
• Sustainability and energy efficiency gain traction
• CHART 27 Panasonic Launches New Inverter Technology Microwave

WHAT'S NEXT?

• Consumers drive the demand for smart and multi-functional microwaves
• CHART 28 Samsung Launches its Bespoke AI Microwave Series
• Freestanding microwaves to still dominate as built-in models gain traction
• Smart technology to shape the offer of microwaves

COMPETITIVE LANDSCAPE

• Strong players dominate the competitive landscape
• Opportunities for new entrants

CHANNELS

• Specialist offline retailers dominate with personal touch
• E-commerce plays a growing role in microwaves sales

REFRIGERATION APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Demand for more advanced models and features
• CHART 29 Key Trends 2025
• CHART 30 Analyst Insight

INDUSTRY PERFORMANCE

• Bosch offers innovative model
• CHART 31 Bosch Releases a 82x60cm Mini Fridge for Space-Conscious Consumers
• Fridge freezers answer local consumers' space and versatility needs
• Smart and AI-powered technology boosts retail value sales
• CHART 32 Samsung Releases New Line-Up of Smart Refrigerators with "Screens Everywhere" motto

WHAT'S NEXT?

• Smart technology and hygiene features to drive sales
• Fridge freezers to benefit from call for multi-functional and compact appliances
• Sustainability to influence purchasing decisions
• CHART 33 Samsung's Launches New 183L Refrigerator with Digital Inverter Compressor Technology

COMPETITIVE LANDSCAPE

• Leading players maintain dominance through innovation
• Opportunities for innovation and new entrants

CHANNELS

• Retail e-commerce gains traction with competitive pricing
• Retail e-commerce to shape the journey of the distribution landscape

AIR CONDITIONERS IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Economic stability and key trends help to maintain demand
• CHART 34 Key Trends 2025

INDUSTRY PERFORMANCE

• Stable demand for air conditioners
• Sustainability and energy efficiency drive innovation
• CHART 35 CLP Power Hong Kong - Chiller Replacement Programme
• Smart and AI-powered technology boosts retail value sales
• CHART 36 Panasonic X-Premium Inverter Split-Type Air Conditioners

WHAT'S NEXT?

• Positive growth outlook for air conditioners
• Eco-friendly climate control to come to the fore
• CHART 37 LP CoolShare District Cooling System - Kai Tak Development
• AI and sustainability to gain momentum

COMPETITIVE LANDSCAPE

• Leading players maintain positions with strong brand equity and refinements to their offer
• Research and development focus to meet key market trends

CHANNELS

• Consumers continue to prefer to inspect products before making a purchasing decision
• Omnichannel approach gains traction

FOOD PREPARATION APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Key trends push retail value sales
• CHART 38 Key Trends 2025

INDUSTRY PERFORMANCE

• Sustainability and energy efficiency drive retail value sales growth
• CHART 39 KitchenAid 7-Cup Food Processor: Compact Design and Suitable for Everyday Use
• Compact designs and multi-functionality gain traction
• Versatile products perform well

WHAT'S NEXT?

• Rising demand for convenience and smart technology
• Blenders to push retail volume sales
• Online and sustainability developments to influence consumer behaviour

COMPETITIVE LANDSCAPE

• Leading players maintain positions
• No major mergers or acquisitions, limited new launches in a stable competitive environment

CHANNELS

• Retail e-commerce continues to gain importance
• Direct-to-consumer trend affects retail mix
• CHART 40 Springlane Makes Custom Blenders Available for Global Shipping

PERSONAL CARE APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Key trends prove robust in personal care appliances
• CHART 41 Key Trends 2025

INDUSTRY PERFORMANCE

• Advanced features and benefits foster investments in personal care appliances
• CHART 42 Suri's Electric Toothbrush Promotes Energy Efficiency and Sustainable/Recyclable Materials
• Multi-functional products pique consumers' interest
• CHART 43 Philips Releases Multigroom 7000 Encompassing all Male Grooming Needs
• Dynamic development in AI-powered oral care
• CHART 44 Philips SenseIQ Uses Smart Technology to Adapt to Brushing Habits

WHAT'S NEXT?

• Ongoing development towards advanced and added-value personal care appliances
• Hair care appliances to grow fastest in retail volume and value sales terms
• Oral care appliances to continue to push advanced features

COMPETITIVE LANDSCAPE

• Philips retains leading position through innovation
• Emerging threats to push further innovation

CHANNELS

• Offline retailers continue to dominate despite the strength of e-commerce
• No new retail brands or concepts to emerge in the short term

SMALL COOKING APPLIANCES IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Small cooking appliances foster innovation
• CHART 45 Key Trends 2025
• CHART 46 Analyst Insight

INDUSTRY PERFORMANCE

• Fryers fit with key trends to lead retail volume sales growth
• Multi-functionality and sustainability drive innovation
• CHART 47 Panasonic Launches All-in-One Cooker with 35 Pre-Set Cooking Profiles
• CHART 48 Panasonic Launches Energy-Efficient Rice Cooker with Induction Heating/Infrared Tech
• Smart and AI-powered technology boosts retail value sales
• CHART 49 Tefal Launches Cook4Me Cooker with an Embedded Digital Cooking Tutorial Screen

WHAT'S NEXT?

• Improving economic indicators to boost consumer spending on personal care appliances
• Robust key trends to stimulate category development and growth in the forecast period
• Rice cookers enjoy widespread adoption while air fryers gain popularity fast

COMPETITIVE LANDSCAPE

• De'Longhi overtakes Philips Electronics Hong Kong in 2025
• New entrants and key trends could disrupt the competitive landscape

CHANNELS

• Rise of retail e-commerce changes distribution landscape but physical specialist retailers remain first choice
• No new retail brands or concepts set to emerge in 2026

VACUUM CLEANERS IN HONG KONG, CHINA

KEY DATA FINDINGS

2025 DEVELOPMENTS

• Growth potential despite high household penetration
• CHART 50 Key Trends 2025
• CHART 51 Analyst Insight

INDUSTRY PERFORMANCE

• Slowing demand despite economic stability
• Smart & AI-powered features drive retail value sales
• CHART 52 Samsung Releases Cordless Vacuum Cleaner with AI-Cleaning Modes to Optimise Workload
• Multi-functionality and compact design shape new product developments
• CHART 53 Dyson's V16 Piston Vacuum Cleaner Shows the New Cordless Designs as the Norm

WHAT'S NEXT?

• Vacuum cleaners to return to growth as advanced models become the norm
• Positive growth performances anticipated from standard and robotic vacuum cleaners
• Sustainability and energy efficiency to shape development
• CHART 54 Dyson Omni-Glide Vacuum Cleaner Uses its Hyperdymium Motor to Clean Faster with Less Power

COMPETITIVE LANDSCAPE

• Focus on innovative and efficient cleaning products
• Opportunities for new entrants to gain traction

CHANNELS

• Consumers continue to appreciate the personal purchasing experience in appliances and electronics specialists
• Retail e-commerce gains traction with wide assortments, competitive pricing and convenience