South Africa Home Appliances News

Recent industry report about South Africa Home Appliances company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ South Africa Home Appliances Market industry experts.

South Africa Home Appliances News

  • In May 2023, Samsung introduced its latest line of semi-automatic washing machines, introducing notable upgrades like the Soft Closing Toughened Glass Lid and Dual Magic Filter. These additions elevate user experience and prioritize convenience and efficiency. This product range underscores Samsung's dedication to pioneering technology, positioning it as a top contender for consumers searching for a sophisticated, hassle-free laundry solution.
  • In March 2023, Haier launched its latest line-up of anti-scaling top-load washing machines. Featuring Haier's anti-scaling technology, bionic magic filter, and 3D rolling wash, this range is tailored to meet contemporary lifestyle demands. The appliances promise an efficient, simple, and effortless laundry experience, prioritizing fabric care. Haier's commitment to innovation positions the new line in response to evolving consumer expectations in home appliance technology.
  • In January 2023, Samsung launched its premium side-by-side refrigerator range, exclusively manufactured in India. Boasting India-specific features derived from consumer insights, this top-of-the-line series is designed to enhance consumer convenience and overall living standards. Samsung's commitment to catering to local needs positions the new refrigerator range as a testament to its focus on providing tailored solutions for the Indian market.
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  • January 2024: Samsung announced that it would accelerate the competitiveness of its businesses, which would contribute to carbon neutrality (decarbonization). It will launch a power supply and demand management demonstration project in 2024 at Panasonic Manufacturing UK Ltd, a manufacturer and seller of microwave ovens and other products.
  • June 2023: Panasonic introduced its new smart inverter countertop microwave oven that runs on voice commands and has manual controls such as dedicated turbo defrost, popcorn, and quick 30 buttons for rapid access.
  • August 2024: AprilAire launched the 720 Fan-powered Evaporative Humidifier, boasting industry-leading performance powered by cutting-edge technology. The new AprilAire 720 surpasses its predecessor, setting a new benchmark for fan-powered evaporative humidifiers.
  • February 2023: DRI-STEEM Corporation, the leading manufacturer of humidification, evaporative cooling, and water treatment products, introduced Adiatec ultrasonic humidifiers to its evaporative cooling and humidification product line.
  • January 2024: GTM Europe announced plans to launch a range of induction hobs that come equipped with 9-stage power options, user-friendly interfaces, intelligent features, child safety locks, and an automatic safety switch-off function.
  • August 2023: LG Electronics (LG) unveiled its latest built-in kitchen package at IFA 2023, promising to enhance the culinary experience for everyone. The comprehensive lineup comprises the InstaViewTM oven, QuadWashTM dishwasher, downdraft induction hob, bottom-freezer refrigerator, and microwave oven. These appliances not only boast energy efficiency and user-friendly features but also showcase an elegant design, elevating the overall aesthetic of any kitchen space.
  • July 2023: Electrolux Group introduced its CIH Partner Program, inviting independent retailers who are Euronics members to collaborate on innovation, sustainability, and growth initiatives. The program provides enhanced support, including rebates, display deals, promotional materials, and marketing plans. These offerings aim to boost consumer engagement and allow retailers to benefit from Electrolux's investment in the independent electrical retail channel.
  • March 2023: Samsung Electronics UK Ltd unveiled its latest single-door built-in fridges and freezers. These appliances claim to keep food fresher for longer and provide a sleek, modern aesthetic that complements Samsung's line of built-in ovens. This launch underscored Samsung's commitment to the market, bolstering support for its retail partners.
  • February 2024: Whirlpool Corporation partnered with BORA to enhance kitchen design possibilities for 2025. Whirlpool Corporation aims to reimagine the kitchen as a space that combines technology and functionality while pushing design boundaries. Both companies share a commitment to challenging conventional approaches in kitchen design.
  • April 2023: Samsung Electronics launched a new online store for its B2B customers in Germany. This store is part of Samsung's plan to expand its B2B online presence to 30 countries worldwide. The B2B online store, integrated within Samsung.com, offers products, solutions, and purchase benefits specifically tailored for small and medium-sized businesses (SMBs).
  • In February 2024, Philips unveiled the GC026/80 Fabric Pill Remover, a Battery-Operated Fabric Shaver, designed to effectively remove fabric pills from garments and upholstery.
  • In February 2023, Sahjanand Households introduced a portable lint remover crafted from Indian-made plastic. This product aims to provide a convenient solution for removing lint from clothing and fabrics, emphasizing the company's commitment to quality and innovation in household products.
  • February 2024: Modine announced the launch of the MEW, a new corrosion-resistant electric unit heater. It provides a heating option for farming, agriculture, food and beverage production, car wash, oil and gas, petrochemical, and dairy industries.
  • February 2024: Synchrony, a prominent player in consumer finance, announced a multi-year extension of its strategic alliance with Rheem, a global leader in water heating and HVACR solutions. Under this renewed collaboration, Rheem will continue to leverage Synchrony's cutting-edge application technology. This technology empowers customers to conveniently and securely apply for credit on their devices, with the added benefit of accessing approved credit instantly.
  • March 2023: Whirlpool introduced a three-star, inverter, frost-free, double-door refrigerator. It is excellent for maintaining long-lasting cooling.
  • February 2023: Samsung Electronics introduced an intelligent inverter fridge with a double-door facility (RT34T4513S8/HL). Available with five convertible modes, it has unique features like a door alarm, inverter, external display and control (fridge and freezer), power cool/power freeze, stabilizer-free operation (200 ~ 300 V), deodorizer, interior LED light, and big bottle guards.
  • May 2023: LG Electronics released the InstaView refrigerator featuring door panels that can change colors, offering enhanced customization. Users can alter the colors according to their mood, with the LED panels providing access to an impressive selection of up to 190,0001 color combinations.
  • January 2023: Samsung Electronics introduced the latest enhancements to its customizable Bespoke Home series. The new home appliances and services were crafted to cater to the increasing desire for personalization and to offer enhanced connectivity that enables users to adopt more sustainable practices. Among the updates are a broader range of Bespoke refrigerator models and advanced AI Pro Cooking capabilities for the Bespoke AI Oven, which streamline and support meal preparation.
  • April 2023: To enter the Indian market, American consumer electronics manufacturer Frigidaire partnered with Indian consumer electronics company Ossify.
  • January 2022: Exertis expanded in the United States with the acquisition of Almo Corp. DCC Technology, which trades as distributor Exertis, announced its acquisition of Almo Corp. in North America.

South Africa Home Appliances Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)