Increasing demand from both industrial and residential use are some key factors supporting the growth of UAE electric kitchen appliances market.
According to TechSci Research report, “UAE 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 expected to undergo a significant CAGR during the forecast period on account of growing popularity of electric kitchen appliances for industrial as well as residential use and increasing influence of western lifestyle. Furthermore, growing popularity of modular kitchen due to space constrain and rising middle-class population in developing country like UAE are also acting as major growth factor for electric kitchen appliances market. Also, the entry of international brands & manufactures and introduction of varied range of electric kitchen appliances are anticipated to fuel the growth of UAE electric kitchen appliances market through 2025. Apart from this, increasing number of hotels, restaurants and thriving catering industry are also supporting the growth of electric kitchen appliances market in UAE.
Additionally, low import duties, rising disposable income and improving living standard are boosting the UAE kitchen appliances market. The thriving consumer home appliances industry and e-commerce industry are some other key factors propelling the growth of this market. Moreover, technological advancements and introduction of connectivity in line with IoT (Internet of Things) is enabling consumers to access appliances remotely. Manufacturers are involved in attractive and aggressive marketing tactics which is further accelerating the growth of UAE kitchen appliances market.
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The 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. Among them, the small kitchen appliances consisting of juicer mixer grinder, cooktops/hobs, cooker, kettle, coffee machine and others is expected to register high growth during the forecast period. The reasons can be attributed to the easy to use features makes these appliances handy in day-to-day use and constitute the basic necessity of a kitchen.
Based on end user, UAE electric kitchen appliances market can be segmented into commercial and residential sectors. Among them, the residential segment is expected to witness high CAGR during the forecast period owing to boom in real-state sector and increasing urbanization. Moreover, growing trend of modern kitchen and increasing working population are leading to high demand for electric kitchen appliances from residential sector.
Key players operating 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. Leading companies are undergoing growth strategies such as new product launches, mergers & acquisitions and collaborations.
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“The increasing demand for energy efficient appliances is pushing manufacturers to introduce such features in electric kitchen appliances. Also, the companies are now using e-commerce sites as one of the major sales platform owing to the rise in online shopping preference among UAE consumers. Moreover, entry of international giants like Panasonic, Murphy Richards are acting as major booster for the electric kitchen appliances market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based UAE management consulting firm.
“UAE 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 UAE electric kitchen appliances market.
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