Market Trends of Japan Major Home Appliances Industry
This section covers the major market trends shaping the Japan Major Home Appliances Market according to our research experts:
Increasing Online Sales is Driving the Market for Home Appliances
Japan is one of the leading global e-commerce markets with companies selling products from various domains including home appliances, consumer electronics, and furniture. Expanding urbanization and increasing online sales are contributing fundamentally to the development of Japan's major home appliances market. Customers prefer online buying due to the convenience and comfort of logistics and shipping of furniture items to their doorstep. The major retailers are creating a strong online brand presence and increase their sales with online stores and e-commerce portals.
Refrigerator Segment is Driving the Market
The refrigerator market is the major contributor to Japan's major home appliance market. Refrigerators are used to preserve edible items at a range of different temperatures and the introduction of advanced refrigerators provided with smart technologies is expected to drive the market in the future. Consumers are giving much importance to home-cooked food to cut on their sugar, salt, and fat consumption. Consumers preferring healthy eating habits and hygienic environment conditions have led to the sale of more advanced and large volume refrigerators. The demand for refrigerators is primarily driven by the residential sector and improved standards of living thus led to demand for major home appliances market in Japan.