Monday, November 21, 2016

ASIA PACIFIC ACCOUNTS FOR MORE THAN 44 PERCENT OF GLOBAL APPLIANCES VOLUME SALES IN 2016

SINGAPORE, Nov 21 (Bernama-BUSINESS WIRE)-- Global market research company Euromonitor International released today new data on the global consumer appliances industry.
 
According to the new research, the consumer appliances industry is expected to grow by 3 percent in retail volume terms to reach 2.6 billion units sold in 2016. While Eastern Europe and Latin America continue to struggle, Asia Pacific remains the largest major appliances market, accounting for more than 44 percent of global volume sales, thanks to strong demand from emerging countries, including India, Indonesia and Vietnam.

http://mrem.bernama.com/viewsm.php?idm=27993

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