Growing trend of modular kitchen and availability of advanced kitchen appliances are acting as key growth drivers for Saudi Arabia electric kitchen appliances market.
According to TechSci Research report, “Saudi Arabia Electric Kitchen Appliances Market By Type (Automatic vs Manual), By Product Type (Small Kitchen Appliances, Large Kitchen Appliances), By Distribution Channel (Specialist Retailers, E-commerce, Supermarkets and Hypermarkets, Department Stores, Others), By End User (Commercial, Residential), By Region, Forecast & Opportunities, 2025”, the market is anticipated to undergo a significant CAGR during the forecast period. Key factors propelling the growth of Saudi Arabia electric kitchen appliances market are proliferation of both international as well as local brands in the market and rise in per capita disposable income of the country. Moreover, increasing working population, growth in retail sector and entry of new market players are some other major factors contributing to the growth of Saudi Arabia electric kitchen appliances market. Also, growing trend for modular kitchen and growth in real estate sector are expected to further drive the market growth in the country.
Additionally, increasing demand for energy efficient kitchen appliances are pushing manufacturers to introduce energy saving appliances. With launch of devices which can be remotely operated, the electric kitchen appliances market is experiencing major boost in Saudi Arabia. Furthermore, increasing urbanization and inclusion of women in workplace are also leading to high demand for electric kitchen appliances in the country. Apart from this, high investment by companies to launch more advanced products and string distribution network are further fueling the market growth. The increasing number of hypermarkets, multi brand stores and thriving e-commerce industry are also supporting the growth of Saudi Arabia electric kitchen appliances market.
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Saudi Arabia electric kitchen appliances market can be segmented based on type, product type, distribution channel, end user and region. Based on product type, the market can be segmented into small kitchen appliances and large kitchen appliances. Among them, the small kitchen appliances market consisting of juicer mixer grinder, cooktops/hobs, cooker, kettle, coffee machine and others is expected to undergo high growth during the forecast period. The reasons can be attributed to changing lifestyle pattern and urbanization which is turning these electronic kitchen appliances into a basic necessity.
Based on end user, Saudi Arabia electric kitchen appliances market can be categorized into commercial and residential sectors. Among them, the residential segment dominated the market in 2019 and is expected to continue its dominance during the forecast period owing to rising trend of modular kitchen due to compact spaces. Furthermore, rise in disposable income and increasing number of working population are some other factors making residential sector a leading on in Saudi Arabia electric kitchen appliances market.
Major players operating in the Saudi Arabia 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 and Viking Range, LLC, among others. Key market players are adopting growth strategies such as new product launches, mergers & acquisitions and collaborations to strengthen their position in Saudi Arabia market.
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“Saudi Arabia is witnessing demand for easy and fast cooking electric kitchen appliances. Apart from this, a major concern is space. Hence, manufacturers are coming up with electric kitchen appliances which consumes less space and goes with the aesthetic of the house. Moreover, influence of western culture and entry of international brands are some other factors which are providing wide opportunities for the electric kitchen appliances market to grow,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Saudi Arabia management consulting firm.
“Saudi Arabia Electric Kitchen Appliances Market By Type (Automatic vs Manual), By Product Type (Small Kitchen Appliances, Large Kitchen Appliances), By Distribution Channel (Specialist Retailers, E-commerce, Supermarkets and Hypermarkets, Department Stores, Others), By End User (Commercial, Residential), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of electric kitchen appliances market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Saudi Arabia electric kitchen appliances market.
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