PUBLISHER: TechSci Research | PRODUCT CODE: 1077006
PUBLISHER: TechSci Research | PRODUCT CODE: 1077006
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UAE electric kitchen appliances market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the increasing availability of the wide range of kitchen appliances and the growing working women population in the country. The rapidly growing expatriate population and availability of a wide range of kitchen appliances designed to enhance convenience are expected to boost the market growth. Ongoing urbanization and expanding middle-class population have led to high demand for luxury and premium apartments, which are building a positive outlook for premium kitchen appliances. Growth in the online sales of electric kitchen appliances and rising competition among the store-based retail outlets are expected to boost the market growth.
Additionally, easy financing options and numerous discounts offered by online channels to consumers while providing them with a wide range of features and pricing options across a variety of store-based retail outlets are adding to the growth of the UAE electric kitchen appliances market. Besides, increasing interest of customers in Smart Homes and the growing popularity of connected appliances are stimulating the growth of the UAE electric kitchen appliances market during the forecast period. Furthermore, the introduction of energy-efficient electrical kitchen appliances and rising demand for remotely controlled kitchen appliances containing sensors are anticipated to propel the UAE electric kitchen appliances market. Industry players are increasingly making huge investments in research & development activities to cater to the changing preference of the customers in terms of quality, price, energy efficiency, and technology, which is anticipated to propel the growth of the UAE electric kitchen appliances market.
UAE electric kitchen appliances market is segmented based on type, product type, distribution channel, end user and region. Based on product type, the market is segmented into small kitchen appliances and large kitchen appliances. The small kitchen appliances segment is expected to register the highest growth during the forecast period as the companies are continuously coming up with new and innovative items equipped with the latest technology. Based on end user, the UAE electric kitchen appliances market is segmented into commercial and residential. The residential segment is expected to hold the largest growth in the UAE electric kitchen appliances market owing to the increasing adoption of electric kitchen appliances for enhanced comfort and saving time.
Leading players in the UAE electric kitchen appliances market are Haier Electronics Group Co. Ltd, Whirlpool, Electrolux AB, Defy Appliances (Pty) Ltd, Candy Group, LG Electronics, Godrej Group, Panasonic Corporation, Samsung Electronics, Viking Range, LLC, AmicaWronki S.A. and Arcelik A.S, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of electric kitchen appliances manufacturers and suppliers in UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings and end user of all major electric kitchen appliances suppliers across the country.
TechSci Research calculated the market size for the electric kitchen appliances market using a bottom-up approach, where manufacturers' value sales data for different types of electric kitchen appliances was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as electric kitchen appliances manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, UAE electric kitchen appliances market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Automatic vs Manual
Small Kitchen Appliances
Large Kitchen Appliances
Specialist Retailers
E-commerce
Supermarkets and Hypermarkets
Department Stores
Others
Commercial
Residential
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE electric kitchen appliances market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis