Romania Home Appliances Market (2020-2026) | Value, Share, COVID-19 IMPACT, Trends, Forecast, Revenue, Size, Companies, Industry, Growth, Analysis & Outlook

romania home appliances market synopsis

Romania is the second largest home appliances market in Central and Eastern Europe. The Romania home appliances market is estimated to be valued at around ?2 billion, with an expected average growth of 3-5% per year over the next five years. According to 6Wresearch, Romania has one of the highest shares of appliance ownership in Europe, with a penetration rate of 97%. This high level can mainly be attributed to low prices; according to GFK`s World Home Appliances Report 2019/2020, Romania has some of the lowest prices for household electrical goods in comparison with other countries across the European Union.

The first quarter in 2020 started off very strong due to consumer confidence being higher than ever before and increased spending during Christmas season. However, this was quickly reversed after lockdown measures were implemented due to the Covid 19 pandemic where most stores ceased their operations or had limited access for customers leading up until summer months. Despite this negative impact on sales there were still some positive developments such as eCommerce sales increasing by double digits compared pre-pandemic levels which helped soften the blow from reduced store traffic numbers and kept total retail revenue relatively stable overall during that period (Q1 & Q2). Going forward into 2021 it?s likely that consumer confidence will remain weak given economic uncertainty caused by disruptions but demand should recover gradually as restrictions ease allowing greater access once again for shoppers who are willing risk venturing outside their homes safely again when possible.

Key Highlights of the Report:

• Romania Home Appliances Market Outlook
• Market Size of Romania Home Appliances Market, 2019
• Forecast of Romania Home Appliances Market, 2026
• Historical Data and Forecast of Romania Home Appliances Revenues & Volume for the Period 2016 - 2026
• Romania Home Appliances Market Trend Evolution
• Romania Home Appliances Market Drivers and Challenges
• Romania Home Appliances Price Trends
• Romania Home Appliances Porter's Five Forces
• Romania Home Appliances Industry Life Cycle
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Product Types for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Kitchen Appliances for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Washing Appliances for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Entertainment Appliances for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Air Conditioner for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Technology for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Wi-Fi for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Bluetooth for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By ZigBee for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Radio Frequency Identification for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Cellular Technology for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By IoT for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Retail for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By E-commerce for the Period 2016 - 2026
• Historical Data and Forecast of Romania Home Appliances Market Revenues & Volume By Others for the Period 2016 - 2026
• Romania Home Appliances Import Export Trade Statistics
• Market Opportunity Assessment By Product Types
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By Distribution Channel
• Romania Home Appliances Top Companies Market Share
• Romania Home Appliances Competitive Benchmarking By Technical and Operational Parameters
• Romania Home Appliances Company Profiles
• Romania Home Appliances Key Strategic Recommendations