Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Groupe SEB
Dec 26, 2006
 Printable format
 Email this Article
 Search

France-based small appliance maker Groupe SEB, along with Sweden's Electrolux, were identified as the world market leaders for small household appliances by an IMS Research report in August 2006. IMS's “The Worldwide Market for Small Household Appliances—2006 Edition” said Groupe SEB was number one for both small kitchen appliance and garment care appliance categories, with estimated market shares of 12 percent, and 15.5 percent, respectively in 2005. Electrolux dominated in the floor care appliance category, with an estimated market share of 13 percent.

The study said around 405 million small kitchen appliances, garment care appliances and floor care appliances were shipped worldwide in 2005, worth more than U.S. $16.7 billion. The market is forecast to reach 457 million units in 2010, with corresponding revenue forecast at $18.4 billion. Asia Pacific is forecast to be the major driver of growth. Within Asia Pacific, China is the market with the greatest potential, due to its huge household numbers and rising income levels.

Groupe SEB Buys U.S. Cookware Business

In August, Groupe SEB received approval from a U.S. bankruptcy court in Wilmington, Delaware to buy some of the assets of Mirro WearEver, maker of bakeware and cookware. The acquisition includes inventories, trade receivables, trademarks, and equipment at its plant in Nuevo Laredo, Mexico.

The acquisition, according to Chairman and CEO Thierry de La Tour d'Artaise, "Allows us to pursue our international development and to consolidate our presence in the American cookware market, where Groupe SEB now becomes an undisputed leader."

Groupe SEB's 2006 Sales

Groupe SEB said in mid-October of 2006 that provisional 2006 sales, measured for the first 6 months of 2006, remained solid, rising 8.4 percent at current exchange rates and 7.5 percent at constant exchange rates. SEB reported 1.729 billion euros (approximately U.S. $2.169 billion) in revenue for the period.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows