Market Size of United Arab Emirates Home Appliances Industry
| Study Period | 2019 - 2028 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2019 - 2020 |
| CAGR | > 2.90 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Home Appliances Market Analysis
The United Arab Emirates is a constitutional federation of seven emirates consisting of Abu Dhabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah and Fujairah. United Arab Emirates home appliance market has experienced steady growth over the past few years, and it is one of the top countries in consumption of home appliances. Rapidly growing expatriate population, rising disposable income and rapid urbanization are some of the other key factors contributing to the high demand of home appliances. United Arab Emirates is expected to continue its dominance owing to heavy adoption of energy efficient home appliance. Moreover, growing population coupled to changing lifestyle is predicted to fuel to the growth of home appliance market in United Arab Emirates. Product innovation, new product development, and integration of numerous value-added features is further expected to boost the market demand over the next few years. The demand for smart home appliances is increasing due to several factors such as increased digitalization, growing consumer awareness of smart hubs, and growing consumer purchasing power.
