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Market Report, "Vacuum Cleaners in Egypt", Published

Fast Market Research recommends "Vacuum Cleaners in Egypt" from Euromonitor International, now available

 

Boston, MA -- (SBWIRE) -- 02/05/2015 -- The popular uprising and civil unrest which erupted in Egypt during June 2013 had a very negative influence on retail sales of vacuum cleaners due to the high levels of instability which this caused, resulting in the incomes of many Egypt households declining. Moreover, ongoing problems relating to the supply of energy has caused consistent and alternate power cuts and power surges and this has led to many households choosing to repair their malfunctioning and damaged vacuum cleaners rather than purchasing new vacuum cleaners. These factors have played a major role behind the 3% volume decline expected in vacuum cleaners during 2014.

Competitive Landscape

Toshiba Corp is set to remain the leading player in vacuum cleaners at GBO level in 2014 with a volume share of 37%. Panasonic Corp is set to follow in second position with a 32% volume share at studio level, while Hitachi is set to maintain third position with a 19% retail volume share. De?Longhi SpA is expected to hold fourth position in the category at GBO level during 2014 with its Kenwood brand generating a 6% volume share, while Stanley Black & Decker Inc is expected to maintain fifth position at GBO level with a 3% volume share.

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Industry Prospects

Due to the current economic and political instability which is plaguing Egypt and the influence of recent tax increases and cuts to various government subsidies, growth in volume sales of vacuum cleaners is expected to remain low in Egypt throughout the forecast period. In fact, vacuum cleaners in Egypt is expected to increase in volume at a CAGR of 1% over the forecast period.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Vacuum Cleaners industry in Egypt with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Vacuum Cleaners industry in Egypt, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vacuum Cleaners in Egypt market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Vacuum Cleaners in Egypt?
- What are the major brands in Egypt?
- How have stick vacuum cleaners performance over the past 5 years?
- Are robotic vacuum cleaners the future for the vacuum industry?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

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