Appliance business is beating all sales records

Appliance business is beating all sales records

YoY orders for washing machines are up 18 times while dishwashers showed the striking growth of 35 times. Fridges and food processors are behind, but still went up impressive 8 times YoY. Lastly, microwave ovens and ovens closed the list with x4.5 and x1.6 multipliers respectively. The need to stock up, prep meals, and do more house chores in general inflicted huge demand in all kinds of appliances, predominantly in the kitchen department. In addition, as more people stay home and have extra time on their hands - more renovation projects come to life. Which, in turn, boosts sales of home improvement goods and appliances.

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