Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Blenders Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” has been added to the wide online database of Fact.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global blenders market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2017 to 2022.
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Sizes Influencing Development of All-Purpose Ever-Shrinking Kitchen Blender Designs
Owing to financial difference among the global demographic, size of residential spaces differ accordingly as not everyone can afford living in mansions with size of kitchens equaling small apartments. With robust population expansion, living spaces are undergoing contraction, apartments and houses are reducing in size, and efficiency has become the new normal in the construction industry. Among new trends in the residential construction sector, the most popular one is leveraging minimal space, which in turn affects floor areas of kitchen primarily.
Faced with ever-shrinking kitchen sizes, demand for time-saving compact food appliances has surged, which in turn has resulted into the development of all-purpose counter blenders. This product development has enabled elimination of bulk storage issues, lugging machines in the kitchen, and clutter. Improved functionality, power, safety and compact size are key demand drivers of these blenders.
APEJ to Remain Fast-Expanding Market for Blenders
Developing countries of Asia-Pacific excluding Japan (APEJ) are expected to prevail as major consumers of blenders worldwide, which can be attributed to their rising disposable incomes and increasing adoption of technologically advanced consumer electronic products. In countries such as China and India, the booming ecommerce sector is boding well for kitchen appliance sales.
Consumer electronic product manufacturers in APEJ are focusing on establishing their presence in online retail sector, which will further influence sales of blenders in the region. APEJ is expected to remain the fast-expanding market for blenders both in terms of value and volume.
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Booming Ecommerce & Improving Distribution Channel Vigour to Propel Blender Sales
With the rapid growth in ecommerce sector, global leading online retailers have been introducing attractive offers at the time of peak sale seasons, which in turn has supported the sales of kitchen appliances such as blenders well. Vendors of blenders, who incorporate right promotional campaigns along with proper placement of their products in potential stores, are highly likely to leverage the trend toward online shopping and boost their sales. Dominant vendors in the global blenders market are placing higher emphasis on the development of holistic distribution channels for catering all types of customers. This has further propelled the popularity of omnichannel retailing.
Blender manufacturers are concentrating on ensuring their products to acquire maximum visibility. Through robust sales in online as well as offline channels, retailers are gaining a transparent view of consumer requirements and preferences by using data analytics. Insights gleaned from this process further helps retailers in developing effective marketing strategies & offers. With the proliferation of the internet, consumers spend more time online seeking various product features and conducting price comparison. Expansion of the ecommerce has led leading brands to direct their concentration toward improving sales experience. Robust investments are being made in developing supply chain management and account management strategies, coupled with enhancements in the product assortments.
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