Expected Economy Recovery Shows a Positive Growth for Ukraine Consumer Appliances Market: Ken Research - 06by Research News Today (RNT) - Research News Today - http://www.researchnewstoday.com
Expected Economy Recovery Shows a Positive Growth for Ukraine Consumer Appliances Market: Ken Research by Research News Today (RNT) - Friday, June 23, 2017 http://www.researchnewstoday.com/expected-economy-recovery-shows-a-positive-growth-for-ukraineconsumer-appliances-market-ken-research-51975.html
According to the report titled “Consumer appliances in Ukraine�, consumer appliances registered a negative volume growth in Ukraine in 2016 owing to the pressure of the tough economic situation. Even as these declines were less severe than the ones recorded in 2015, low purchasing power continues discouraging consumers from purchasing non-essential consumer appliances or postponingsuch purchases until better times. Buying second-hand consumer appliances to minimize expenditure is a new common trend throughout the country. The report diverts our attention to some interesting facts e.g. in 2016, to maintain their volume shares, most manufacturers focused on affordability (seeing as how hard-pressed Ukrainian consumers are in the current economic background) rather than on developing new and more efficient consumer applianceproducts. To become cost effective, some companies relocated their production facilities to countries with lower manufacturing and service costs, increased the variety of low
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