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

IFA 2012 Opening: Zinkann's Perspective on Appliance Market
Aug 31, 2012
 Printable format
 Email this Article
 Search

Speaking at an opening event for the IFA trade show in Berlin, Miele's Dr. Reinhard Zinkann said he is viewing the worldwide future for this sector with restrained optimism.

Zinkann is also chairman of the Electrical Appliance Product Division of industry association ZVEI.

Zinkann said sales in Europe in the first half of 2012 were slightly lower than in the first half of 2011. He noted that sales declined in Western Europe but increasing in Eastern Europe.

"However, overall the dynamic pace of expansion has slowed", Zinkann said. He viewed Asia as a continuing growth market, but even here growth was less vigorous.

He noted the special impact of the market in China: "With a 12% share of the world market, the Chinese market is as large as that of the United States," Zinkann said.

He also noted that results in the United States remain stagnant, but Latin America is experiencing growth, with double-digit increases in Brazil.

"The European debt crisis is a major burden," Zinkann added, "but the home appliance industry is performing well."

The IFA consumer electronics trade show added Appliances @ IFA in 2008 and each year since, and participation by the appliance industry has made this the dominant European appliance trade event. IFA 2012 started August 31 and it runs through September 9.

Back to Daily News

 

Daily News

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

Apr 16, 2014: Home Builder Confidence Steady in April

Apr 16, 2014: Little Swan Sees China Becoming a Front-Loader Washing Machine Market

Apr 16, 2014: Hisense Poised for Continued Growth in Africa

Apr 16, 2014: Sensor Hubs Seeing Big Gains

Apr 10, 2014: AGA Rangemaster Names Kathryn M. Ireland To Be North American Brand Ambassador

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows