Business Standard

Monday, December 23, 2024 | 03:24 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Home appliances remain immune to Covid, lockdown relaxation boosts demand

28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey

consumer goods, durable, electronics, home appliances, kitchen, cooking, electronics, sale, FMCG
Premium

While April was a complete washout in terms of sales for appliances, industry sources say May has been better in comparison to April for the market owing to a combination of factors, including pent-up demand, reopening of online and offline channels

Viveat Susan PintoArnab Dutta Mumbai/New Delhi
While saving money may be the need of the hour because of the Covid-19 pandemic, consumers, according to a Nielsen survey, appear willing to set aside some cash for buying durable goods.

The just-released survey says 28 per cent consumers in 12 cities across the country were open to the idea of buying a home appliance in the next few weeks, even as all other discretionary expenditure, including going on a holiday, buying a two-wheeler or a four-wheeler and renovating the house, has been put on hold.

“We wanted to understand what consumers were thinking during the Covid-19 crisis, which

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in