TRA Research ’s Post

Discover Miele's strategies and innovations for the Indian premium appliances market in an exclusive interview with Rana Pratap Singh, conducted during the recently concluded Salone del Mobile.Milano/EuroCucina 2024 in Milan. Read the full interview here! #miele #appliances #kitchenappliances #appliancesmarket #premiumappliances #luxuryliving #premiumkitchen #luxurykitchen #modernkitchen #toptrends #eurocucina #kitcheninnovations #kitchentrends #homeappliances #expertinsights #buildingandinteriors

𝐒𝐦𝐚𝐫𝐭 𝐖𝐡𝐢𝐭𝐞 𝐆𝐨𝐨𝐝𝐬: 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 𝐭𝐨 𝐋𝐨𝐨𝐤 𝐅𝐨𝐫 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆: https://lnkd.in/d2-Mc77C The global #White_Goods market was valued at USD 657.7 Billion in 2021 and is projected to reach USD 1,097.2 Billion by 2028 #growing at a #CAGR of 7.7% during the #forecast period 2023-2030. The term "white goods" originated from the traditional color of these appliances, although many modern appliances now come in a variety of colors and finishes. White goods are integral to daily living and are used for tasks such as cooking, cleaning, and food storage. 𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 Residential Commercial 𝗕𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: Haier, BSH Home Appliances Group, Electrolux Group, Groupe SEB, Arelik A., Miele, The Whirlpool Bath Shop, Koninklijke Philips N.V., LG Electronics, Midea Group, Samsung Electronics Vietnam Co., Ltd, Sharp Electronics Corporation USA. #WhiteGoods #HomeAppliances #KitchenEssentials #HouseholdAppliances #HomeImprovement #EnergyEfficient #ModernLiving #ApplianceShopping #SmartAppliances #KitchenUpgrade #HaierGroup #BSHHomeAppliances #Electrolux #GroupeSEB #Arcelik #Miele #Whirlpool #Philips #LG #Midea #Samsung #Sharp #snr #statsandresearch

𝐖𝐢𝐧𝐞 𝐂𝐨𝐨𝐥𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖 The global wine cooler market size reached US$ 2.83 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.99 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028. The increasing product popularity as an essential home appliance, the growing penetration of applications for ordering alcohol with attractive discounts, and the rising consumption of non-alcoholic wines are some of the factors propelling the market. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://lnkd.in/gzDg_KjY People are increasingly preferring to entertain guests in the comfort of their homes rather than going out. In line with this, wine coolers allow hosts to store and serve wine conveniently to guests at home during a casual get-together or a formal dinner party. Furthermore, wine coolers have compact sizes and elegant designs and provide an easy and stylish way to offer chilled wine to guests.The rising development of wine coolers that are both efficient and eco-friendly is impelling the market growth. Besides this, wine coolers are designed to complement modern home decor, making them appealing to homeowners. 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐖𝐢𝐧𝐞 𝐂𝐨𝐨𝐥𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: Allavino Avanti Products Inc Dunavox GB Electrolux Group AB EuroCave SAS Haier Group Corporation LG Electronics Inc Shenzhen VRBON Electrical Appliance Co. Ltd. Siemens AG Whirlpool Corporation Whynter 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐭𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: https://lnkd.in/gp-VWAqU #winecoolernsector #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketgrowth #businessinsights #industryanalysis #marketoutlook #growthprojections #marketstatistics #competitiveanalysis #trendanalysis #marketinsights #imarcgroup

Kaff India, a leading Indian kitchen appliances brand, has established a strong presence in the commercial and residential modular kitchen markets, competing with top national and international players. The company operates over 400 outlets across India, nearly 50 of which are fully owned, and is present in more than 2,000 multi-brand stores. Initially focusing on premium chimneys and built-in hobs, KAFF has expanded its product line over the past two decades to include built-in microwaves, refrigerators, wine coolers, and various accessories like sinks, all within the premium segment. With market demand shifting towards tier 2 and 3 cities, CEO Shital Gupta announced plans to launch an economy segment featuring cooktops, air fryers, and small kitchen appliances like coffee makers and hand blenders. To capitalise on emerging market potential, the company also aims to enhance its service franchise network, targeting an increase from 586 to 800 partners by year-end. Read full story here: https://lnkd.in/dB_t3SHy #retail #expansion #kitchen #kitchenappliances #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

Porcelain Enamel Coatings Market Set to Reach USD 1.9 Billion by 2028 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅👉https://lnkd.in/dMzqgVzs The porcelain enamel coatings market is gearing up for impressive growth, driven by its expanding applications in household appliances, cookware, and sanitary ware. These coatings are favored for their durability, aesthetic appeal, and excellent corrosion resistance. As industries and consumers alike recognize the benefits, North America and Europe are leading the charge, with the Asia-Pacific region following closely due to rapid industrialization and increasing consumer spending. The global porcelain enamel coatings market is valued at USD 1.7 billion in 2023 and is projected to reach USD 1.9 billion by 2028, growing at 2.7% cagr In household appliances, porcelain enamel coatings provide a smooth, easy-to-clean surface that withstands high temperatures and daily wear and tear. Cookware benefits from the non-stick properties and attractive finish of these coatings, making them a popular choice among consumers. In sanitary ware, the resistance to stains and chemicals ensures long-lasting, hygienic surfaces. Looking ahead, technological advancements and sustainable practices are expected to further boost market growth. Innovations in coating materials and application techniques will enhance performance and efficiency, catering to the evolving needs of various industries. To stay ahead in this dynamic market, businesses must focus on innovation, quality, and sustainability. By doing so, they can tap into the growing demand and secure a strong foothold in the global porcelain enamel coatings market. #PorcelainEnamel #MarketGrowth #IndustrialCoatings #Sustainability #Innovation #ConsumerGoods

In an interaction, Shital Gupta, CEO, KAFF Appliances, talks about how the company is looking to tap into the emerging demand from tier II and III cities in the country. Read More: https://lnkd.in/dPQPtFTd Kaff India| Shital Gupta| #modularkitchens #commercialkitchens #KaffAppliances #KaffIndia #kitchenappliances

What factors are driving the growth of the Indian kitchen appliances market, and how is #technology playing a crucial role in meeting the demand for #smart and #energyefficient appliances? The #Indiankitchenappliances market offers significant opportunities for #innovation and user-friendly products. As #consumers embrace technology and #environmentalconsciousness, the demand for smart and #energyefficient appliances is set to rise, driving steady growth in the market. Explore the market overview:  https://lnkd.in/deZVEseU Key Market Players:  Bajaj Electricals Ltd, Butterfly Gandhimathi Appliances Ltd, Havells India Ltd., TTK Prestige Ltd., Usha International, Hawkins Cookers Limited, #RDive #IndianKitchenAppliances #TechnologyAdvancements #SmartAppliances #InnovationOpportunities #HomeAutomation #IoTIntegration #ConsumerTech #KitchenAppliancesMarket

"If I'm buying two or more fridges from a liquidation auction, I want a decent discount" Last week I looked at the effect of auction lot size on the recovery rate for the Electronics category. But what about larger items like Kitchen Appliances, do they show the same patterns? We looked at 2,798 lots (accounting for 7,113 items in total) sold publicly (B2B) in 2023 in the Kitchen Appliances category. We observed how the quantity in a lot effected the number of bids, and the selling price as a % of MSRP. 💡We found some interesting patterns, shown in the graphs below: ▶ Single item lots achieved a higher number of bids than grouped lots. ▶ Single item lots achieved significantly higher recovery rate than any other category, on average 26.7% of MSRP. ▶ Outside of this - for quantity of 2 up to 18 there was no link between reduced lot size and increased % of MSRP (and in fact there is a weak correlation to suggest the opposite: larger lot size = higher recovery rate). ⭐ So - if you can reduce your lots into single items, then go ahead, you'll see a significant uplift. ❗ But - if you're looking at reducing your lots sizes down to anything other than 1, don't bother - the time and expense to do this won't product a significant increase to the recovery rate. 📢 Have you seen patterns like this when selling kitchen appliances by auction? Or - have you seen different patterns, where there is a benefit to reducing lot size even if it isn't to a single item? Share your insights in the comments 👇🏼 #auctions #auctionswork #reverselogistics #surplus #investmentrecovery #recoveryrate #retailreturns

Every fabric has unique needs for the best of care. Sometimes letting a garment hang in a steam environment is the perfect solution. Sometimes it’s about ready-to-wear convenience — quickly refreshing and reviving a garment. Sometimes you need smart solutions that sense the level of care required. Understanding the modern wardrobe as an investment that deserves specialised care, we’re moving beyond the concept of laundry as individual appliances to the idea of the laundry as a connected fabric care ecosystem. Combine Steam Care appliances and the new Fabric Care Cabinet to experience solutions tailored to fabric and fibre type — and care better, care for longer and care in new ways. Love Your Laundry. Learn more about our fabric care solutions here: https://lnkd.in/gN8snWyi #fisherpaykel #fploveyourlaundry #fabriccaresolutions