Ethiopia Home Appliances Market is expected to grow with the CAGR of 2.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
Access Full Report @ https://www.databridgemarketresearch.com/reports/ethiopia-home-appliances-market
Ethiopia home appliances market is a highly consolidated market which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Ethiopia home appliances market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in October 2019, SAMSUNG has launched interactive e- catalogue. The e-catalogue will enhance the experience of consumer with one more step towards a sustainable environment by SAMSUNG. This will reduced the printing cost of catalogue along with protection of the environment. This will ensure increase in sales and revenue of SAMSUNG with sustainable environment.
SAMSUNG is the dominating player Ethiopia home appliances market. The other key players existing in the home appliances market includes LG Electronics, SHARP CORPORATION, Panasonic Corporation, Haier Group, Sony Corporation, Hisense, Defy (a subsidiary of Arçelik A.Ş.), Miele, Tiger Corporation, Robert Bosch GmbH, Whirlpool Corporation among others.
SAMSUNG is headquartered in Seoul, South Korea and was established in 1969. The company is focusing on new advanced technologies in a way to create new and good quality products to contribute in the betterment of the society by the use of new technologies. The company deals in various business segments such as CE, IM, DS, Harman and others among which CE is the market focused segment. The company offers various products under categories such as galaxy 5G, mobile, TV & audio, home appliances, smart home and computing among which home appliances is the market focused category.
The company has wide global presence across the globe such as in Asia-Pacific, Europe, Middle East and Africa, Latin America and North America. The company generates its revenue through various subsidiaries such as Samsung Electronics (South Korea), Samsung Biologics (South Korea), Samsung Heavy Industries (South Korea), Samsung C&T Corporation (South Korea), Cheil Worldwide (South Korea), Samsung Electro-Mechanics (South Korea) among others.
Tiger Corporation is headquartered in Osaka, Japan and was founded in 1923. The company is focusing to deliver household products easing the daily life. The company is delivering convenience and comfortable products. The company offers various products under categories such as rice cooker/ rice mill, stainless bottles and lunch supplies, pot kettle, kitchenware, for business, overseas standard network and other among which rice cooker/ rice mill is the market focused category.
The company has wide global presence across the globe such as in Asia-Pacific and North America.
Haier Group is headquartered in Qingdao, China and was established in 1984. The company focuses on solutions for innovation and entrepreneurship with aim of “prioritizing people’s life”. The company is a leading solution provider for home appliances products. The company offers various products under categories such as household and business among which household is the market focused category.
The company has wide global presence across the globe such as in Asia-Pacific, Europe, Middle East and Africa, Latin America and North America. The company generates its revenue through various subsidiaries such as Fisher & Paykel Healthcare Limited (New Zealand), Candy Hoover Group Srl (Italy), Haier America Company, LLC (U.S.), Qingdao Haier Household Integration Co., Ltd (China), PT. SANYO Sales (Indonesia), GREENoneTEC Solarindustrie GmbH (Germany) and others.
Ethiopia Home Appliances Market – Industry Trends and Forecast to 2027