Now Available: Heating Appliances in Russia

Heating appliances volume sales fell drastically as a result of the recession in Russia in 2015. Devaluation of the local currency led to the increase of average unit price. Consumers are afraid to spend money due to uncertainty in the region. Russians are in a "standby" mode and tend to postpone their new or replacement purchases until better economic times.

Competitive Landscape

Polaris International Ltd led sales of heating appliances with a 7% volume share in 2015. Polaris holds the leading position thanks to its strength in fan heaters and oil-filled radiators, with the latter remaining the largest category in heating appliances in terms of volume sales.

Industry Prospects

Heating appliances is expected to record a 1% volume CAGR and reach 10,160 thousand units in 2020. The penetration rate was relatively high in 2015 and is expected to decrease from 56% to 51% over the forecast period. On average, the replacement cycle of heating appliances is four years, which means replacement purchases will drive sales during the forecast period.

Full Report Details at
- http://www.fastmr.com/prod/1112693_heating_appliances_russia.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Heating Appliances industry in Russia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Heating Appliances industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Heating Appliances in Russia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Heating Appliances in Russia?
* What are the major brands in Russia?
* Are central heating units inhibiting potential growth for electric fires?
* Has innovation in panel heaters led to an upturn in fortunes for the category?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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