COMPANY PROFILE -Braun GmbH
Business Sector :Home Appliances
Operating Geography :Germany, Europe, Global
About Braun GmbH :
Braun GmbH is a consumer goods firm headquartered in Kronberg am Taunus, Germany. The company is well renowned for its mid-century industrial product design, which includes electric shavers and record players. In 1921, a mechanical engineer named Max Braun established an engineering firm in Frankfurt, Germany in which he began producing components of radio sets. Food processors, radios, slide projectors, Super 8 film cameras and accessories, and high-fidelity sound systems were among the company's previous products. Braun is currently concentrating on its main categories (shaving and grooming, beauty and hair care). In addition to electric water kettles, coffee makers, juicers, irons, hairdryers, stylers and curlers, infrared ear thermometers, blood pressure monitors, clocks, and calculators, they also make infrared ear thermometers, blood pressure monitors, clocks, and calculators. Braun has around 200 goods in its product line, which are made in ten factories in Germany, Ireland, France, Spain, China, Mexico, and the United States. The Boston-based Gillette Group, which has owned Braun since 1967, distributes its goods all over the world. In 2021, Braun celebrates its 100th anniversary.
Braun GmbH's Unique Selling Point or USP lies in it being one of the world's leading manufacturers of small electric appliances. Braun 's mission statement reads, "Our objective is to develop products responding to the consumer's needs which are always a step ahead of the competition in technology and design".
Braun GmbH Revenue :
€ 7,426 million - FY ending 31st December 2020 (y-o-y growth -0.6%)
€ 7,471 million - FY ending 31st December 2019
Competitive Analysis of Braun GmbH
The SWOT analysis for Braun GmbH is presented below in a matrix followed by the detailed analysis report
Strengths | Weaknesses |
1. Functional product design a distinct capability
2. Technological innovations in each category
3. Trusted for quality products
4. Strong support from leading corporations
| 1. Presence in limited product segments
2. High competition from its owner brand Gillette
|
Opportunities | Threats |
1. Positive response for new products released in Europe
2. Forecast of increase in sale of personal care appliances
3. Increasing electrification will drive demand for electric Irons in Asia Pacific
4. Covid-19 outbreak caused a steep rise in health device demand
| 1. Shutdowns of operations in major economies created supply-demand gap
2. Intense competition from local players
|
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Detailed SWOT Analysis of Braun GmbH
Strength
1. Functional product design a distinct capability: Braun is known for its expertise in product design. The German home appliance manufacturer became famous for its designs in 1960 and retains the position till date. Apple’s co-founder and CEO Steve Jobs, always admired the work of Braun’s designer Dieter Rams. Braun follows the concept of ‘less, but better’ in its designs. The designs are being developed as per ergonomic recommendations. Aesthetics and quality are inbuilt into these innovative models. Braun ensures that there is a certain degree of user friendliness which has been obtained through attention to even the minute details. Current strategy of Braun states that it wants to go beyond design. This means that the designs will be developed by considering rigorous consumer research. These developments in design capabilities have always inspired other organizations in the industry.
2. Technological innovations in each category: When Gillette took over Braun in the late sixties with 5,700 employees, new markets and distribution channels opened up for Braun. Investments increased the company’s innovative strength and widened its product range which soon includes coffeemakers and electric iron. In 2005, Procter & Gamble took over Gillette, making Braun one of twenty-four global brands of the largest consumer-product Group in the world. The rights to the Braun brand in the area of household appliances were transferred by P&G to De’longhi S.p.A in 2012. De’longhi not only acquires the corresponding patents and production facilities, it also acquires a large part of Braun’s employees, thereby making sure that Braun household appliances will continue to offer distinctive design, technology innovation and reliable quality in the future.
The remaining section under "Strengths" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Braun GmbH is presented below in a table followed by the detailed analysis report
Political | Economical |
1. Public blood pressure monitor program to induce growth | 1. Increasing copper demand shows recovery in appliance production |
Social | Technological |
1. Demand in electric personal care appliances for styling
2. Rising beauty consciousness among men, increased demand for personal care appliances
3. With increasing geriatric population, demand for health monitoring devices will increase
| 1. Consumer adoption of innovative smart appliances
2. Increased disposable income is driving industry growth
|
Legal | Environmental |
1. UKCA mark to increase the compliance cost for the industry | 1. Efforts to reduce plastic use in appliances
2. Energy efficient appliances to drive sustainable living
|
On purchase the Braun GmbH SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed Pestle Analysis of Braun GmbH
Political
1. Public blood pressure monitor program to induce growth: The US government has started a public blood pressure monitor program where it is creating a database of blood pressure related data. This is meant to create awareness among the citizens and provide them necessary care. As a part of this program American Medical Association funded an activity named Integrated Health Monitor Initiative. This is a model that can improve health outcomes. Another such initiative is the self-measured blood pressure monitoring program. In this the organization trains the patients to use the medical devices. It also educates them on hypertension. In case of aberrant blood pressure values, the organization asks the patients to report it to the care team. This initiative is expected to increase the use of blood pressure monitoring devices. Consequently, the demand for Braun’s healthcare products will increase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
1. Efforts to reduce plastic use in appliances: The use of plastic is increasing day by day. It is estimated that by 2050 we will have more plastic in the ocean than fishes. In 2020, De’Longhi Group continued to analyze efficiencies and ways to reduce packaging materials which produced outstanding results in both environmental and economic terms. In 2019, Braun brand worked on finding ways to reduce the amount of plastic used in Braun Brand hand blenders. In order to find alternative solutions with a lower CO2 footprint, a Life Cycle Assessment (LCA) was carried out relative to the different types of packaging used currently. The Group also saw progress in research related to: alternative materials coming from renewable sources to substitute plastic packaging, biodegradable adhesive tapes and alternative sources of energy for the production of EPS.
The remaining section under "Environmental" is available only in the 'Complete Report' on purchase.
Major Competitors :
- GEA Group
- Philips
- Oster
- Conair
- Chi Steam
- Vitessa Iron
- Panasonic
- Omron
- Withings
Major Brands :
- Braun Household Appliances
- Braun Personal Care
- Braun Healthcare
On purchase the Braun GmbH SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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Check Out Analysis of Other Relevant Companies
References used in Braun GmbH SWOT & PESTLE Analysis Report
1. Why Braun - https://us.braun.com/en-us/About/Why-Braun
2. The history of Braun’s design and innovation - https://us.braun.com/en-us/design/Design-and-Innovation
3. About Us | Braun International - https://www.braunhousehold.com/en/about-braun
4. De’Longhi Annual Report 2020 - https://www.delonghigroup.com/sites/default/files/ANNUAL%20REPORT%20AT%2031%20DECEMBER%202020%20-%20OFFICIAL.pdf
5. Europe personal care appliance market growth - https://www.mordorintelligence.com/industry-reports/europe-personal-care-appliances-market
The detailed complete set of references are available on request in the 'Complete report' on purchase.
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Braun GmbH SWOT and PESTLE Analysis has been conducted by Mohit Harishchandra Deshmukh and reviewed by senior analysts from Barakaat Consulting.
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