Market Share of Europe Home Appliances Industry
The home appliances market in Europe is moderately concentrated, with the presence of many international and regional companies offering major household appliances and small household appliances. Companies operating in the household appliances market in Europe continuously engage in R&D and innovation to exist in the competitive market environment. This is due to the growing competition and increased demand for innovative products. The major product innovations introduced are in terms of technology, performance, features, and design. Customers also look for household appliances that can perform multiple tasks with minimal resources.
Europe Home Appliances Market Leaders
Arcelik AS
AB Electrolux
Robert Bosch GmbH
Whirlpool Corporation
LG Electronics
*Disclaimer: Major Players sorted in no particular order
