Appliances Market in Poland may rise in value by 6-7% in 2017
21:35
The household appliances may increase in volume terms by about 5 percent, and in value terms by 6-7 percent in 2017, Wojciech Konecki, the CEO of CECED Poland predicted on Tuesday.
"Dynamic growth in the appliance industry in 2017 should remain at least at the same level as in 2016. If we do not experience any major unforeseen turbulence, the dynamics should be maintained," Konecki told journalists.
The large household appliances market grew quantitatively in 2016 by 4 percent and in value by 6 percent. In turn, the market for small household appliances increased in volume and value by 3.5 percent and 14 percent respectively.
According to estimates from CECED Poland, consumer spending on household appliances in Poland amounted to PLN 9.6 billion in 2016 and PLN 8.8 billion in 2015.