Spain: flat trend in Technical Consumer Goods market

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The data reported by GfK Temax for the TCG market in Spain present a slight decrease (-0.1%) in the third quarter of 2019 compared to the same period of 2018. Turnover in TGC market was €3.53 billion. Although Small Domestic Appliances, Major Domestic Appliances and Consumer Electronics grow in terms of income, the negative performance of the other sectors drags the result of the Technical Consumer Goods market. In particular, as regards to the Major Domestic Appliances, there was a slight increase in built-in products income. Besides, washing machines and tumble-dryers reached again great trends and Cooling segment got back to growth. As regards to the Small Domestic Appliances, once again this year a huge growth in vacuum cleaners was registered, the most important category in terms of income due to the technological innovation and price promotion of handstick and robot products. Besides, hot beverage machines got an important sales increase, Personal care went up due to hair stylers and dental care, and there was an increment in Food preparation income. On the other side, shavers turnover decreased slightly.