UAE Major Home Appliances Market Size
| Study Period | 2019 - 2028 |
| Base Year For Estimation | 2022 |
| Market Size (2023) | USD 1.03 Billion |
| Market Size (2028) | USD 1.26 Billion |
| CAGR (2023 - 2028) | 4.24 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAE Major Home Appliances Market Analysis
The Uae Major Home Appliances Market size is expected to grow from USD 1.03 billion in 2023 to USD 1.26 billion by 2028, at a CAGR of 4.24% during the forecast period (2023-2028).
The UAE's Major Home Appliances market is expected to increase significantly over the projected period, owing to the rising availability of appliances that simplify work. The UAE's rapidly rising expatriate population and cheap import levies are helping expand the main appliances industry.
The major appliances market for residential end users is expected to grow during the forecast period in the post-COVID-19 scenario. The COVID-19 pandemic impacted the primary appliance industry's good and bad aspects. The COVID-19 pandemic raised the demand for large items such as refrigerators and washing machines. Following the virus's spread, most of the population works from home; hence, spending more time at home necessitates many appliances that can execute chores more effectively than previous techniques.
Additionally, increased disposable income and rising living standards are two main reasons for the high demand for large household equipment. The high growth in consumer home appliances will propel the UAE market to new heights by 2025. Furthermore, the development of energy-efficient electric kitchen appliances and rising demand for remotely operated kitchen appliances with sensors positively boost the market growth.
UAE Major Home Appliances Market Trends
Growth of urbanization Driving the market
The remarkable changes brought about by urbanization characterize the United Arab Emirates today. The spectacular growth of the major cities, particularly Dubai, Abu Dhabi, and Sharjah, is mirrored not only in the spectacular growth of major cities, particularly Dubai, Abu Dhabi and Sharjah but also in the rapid development of medium-sized towns such as Al Ain, Ras El Khaimah, Ajman, and El Fujairah. This increase in urbanization is driving up sales of large appliances. As more cities become urbanized, more individuals purchase sophisticated house equipment. This will significantly impact the home appliances market in the UAE throughout the projected period.
Growth of Smart home appliances will drive the market in UAE
Smart houses are the current trends in residential and commercial space construction worldwide, and the UAE has become a destination of wonder engineering. A smart house has a particular linked platform. This integrated system is automated and controlled by a central unit, allowing its occupants to remotely manage and program an array of automated home electrical gadgets. The smart home industry will likely be one of the fastest-growing sectors in the UAE's real estate sector. Because the government recognizes the importance of energy efficiency in households, several initiatives are being implemented to allow other market actors to enter.
UAE Major Home Appliances Industry Overview
Western manufacturers dominate Qatar and the UAE market, and a substantial market for substitute items is forming. Other GCC nations have modest penetration, although growth is rapid and in pace with expanding household spending power. Although the UAE is a regional industrial hub, it is hampered by political unpredictability. In 2022, demand for appliances in emerging markets remained robust. Panasonic, Whirlpool, Electrolux AB, Defy Appliances (Pty) Ltd, Bosch, LG Electronics, Godrej Group, Panasonic Corporation, Samsung Electronics, Viking Range, LLC, AmicaWronki S.A., and Arcelik A.S. are some of the prominent participants in the UAE major home appliances industry. Leading corporations are developing technology-driven kitchen equipment with the needs of working-class people in mind.
UAE Major Home Appliances Market Leaders
Panasonic
Whirlpool
Samsung
Sony
Hitachi
*Disclaimer: Major Players sorted in no particular order
UAE Major Home Appliances Market News
- December 2022: Panasonic brought a new level of convenient, healthy cooking in KSA homes with the NN-CD87 4-in-1 Convection Oven with Healthy Air Frying. The Panasonic NN-CD87 Convection Oven was ideal, especially for modern Saudi households that aim to eat healthy despite leading busy lifestyles. It came packed with Genius Sensor that monitors steam levels, a ‘One-Push Reheating’ button, preset menus, and Panasonic’s innovative microwave inverter technology that manages heat for better results.
- July 2022 - British tech firm Dyson unveiled V15 Detect, its most powerful and intelligent cord-free vacuum cleaner. Developed by a team of 370 highly skilled engineers globally, this latest vacuum used a Dyson Hyperdymium motor, generating up to 240 air watts of suction for the most powerful deep clean.
UAE Major Home Appliances Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growth of urbanization driving the market
4.2.2 Growth of Smart home appliances will drive the market in UAE
4.3 Market Restraints
4.3.1 High dependency on imports
4.4 Insights on technological innovations in the major home appliances industry
4.5 Insights on Government Regulations in the Market
4.6 Value Chain / Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Buyers/Consumers
4.7.2 Bargaining Power of Suppliers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitute Products
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Refrigerators
5.1.2 Freezers
5.1.3 Dishwashing Machines
5.1.4 Washing Machines
5.1.5 Ovens
5.1.6 Air Conditioners
5.1.7 Other Appliances
5.2 By Distribution channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online
5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Competition Overview
6.2 Company Profiles
6.2.1 Panasonic
6.2.2 Samsung
6.2.3 Whirlpool
6.2.4 Sony
6.2.5 Hitachi
6.2.6 Maytag
6.2.7 Bosch
6.2.8 Siemens
6.2.9 Better Life LLC
6.2.10 Dyson Limited
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UAE Major Home Appliances Industry Segmentation
Major Home Appliances means clothes washers, clothes dryers, dishwashers, ranges, ovens, cooktops, micro-hood combinations, refrigerators and freezers, and other home appliances considered as major home appliances. A complete background analysis of the UAE's Major Home Appliances Market, which includes an assessment of the economy, market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles, are covered in the report.UAE's Major Home Appliances Market is segmented by product type (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, Ovens, Air Conditioners, and Other Major Appliances ) and by distribution channel (Hypermarkets/Supermarkets, Specialty Stores, Online, and Other Distribution Channels). The report offers market size and forecasts for the UAE Major Home Appliances Market in value (USD million) for all the above segments.
| By Product | |
| Refrigerators | |
| Freezers | |
| Dishwashing Machines | |
| Washing Machines | |
| Ovens | |
| Air Conditioners | |
| Other Appliances |
| By Distribution channel | |
| Supermarkets/Hypermarkets | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
UAE Major Home Appliances Market Research FAQs
How big is the UAE Major Home Appliances Market?
The UAE Major Home Appliances Market size is expected to reach USD 1.03 billion in 2023 and grow at a CAGR of 4.24% to reach USD 1.26 billion by 2028.
What is the current UAE Major Home Appliances Market size?
In 2023, the UAE Major Home Appliances Market size is expected to reach USD 1.03 billion.
Who are the key players in UAE Major Home Appliances Market?
Panasonic, Whirlpool, Samsung, Sony and Hitachi are the major companies operating in the UAE Major Home Appliances Market.
UAE Major Home Appliances Industry Report
Statistics for the 2023 UAE Major Home Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Major Home Appliances analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
