Saudi Arabia electric kitchen
appliances market is expected to undergo formidable growth during the forecast
period owing to the introduction of technologically advanced
electric appliances and growing preference of consumers to buy these products.
The proliferation of
local as well as international brands and increasing tourist population is
anticipated to spur
the growth of the electric kitchen appliances in Saudi Arabia over the next
five years.
Additionally, growing trend of
modular kitchen and rise in number of working populations is also leading to
the high demand for electric kitchen appliances. With more manufacturers
entering the market, the consumer gets variety of electric kitchen appliances
to choose from. Low import duties offered by the government is also aiding to
the growth of Saudi Arabia electric kitchen appliances market. The introduction
of energy efficient electric kitchen appliances is further expected to drive
the market by 2027.
Saudi Arabia electric kitchen
appliances market is categorized 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 market consisting of juicer mixer grinder,
cooktops/hobs, cooker, kettle, coffee machine and others is undergoing high
demand in Saudi Arabia market. This can be attributed to the changing lifestyle
pattern of people which is making this item a basic necessity.
Based on end user, Saudi Arabia electric
kitchen appliances market is segmented into commercial and residential sectors.
The residential segment dominated the market in 2021 and is expected to
continue its dominance during the forecast period owing to growing trend of
modern kitchen with compact spaces. The rise in disposable income is also an
aiding factor behind the rising demand of electric kitchen appliances for
residential use.
Some of the 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. Leading companies are focusing
on using latest technology to launch more user friendly and advanced electric
kitchen appliances into the market. They are also investing on brand promotion
to increase their market share.
Objective of the Study:
- To
analyze and forecast market size of the Saudi Arabia electric kitchen
appliances market, in terms of value.
- To
define, classify and forecast the Saudi Arabia electric kitchen appliances market
on the basis of type, product type, distribution
channel, end user and regional distribution.
- To
scrutinize the detailed market segmentation and forecast the market size, in
terms of value, on the basis of end user segmenting Saudi Arabia electric
kitchen appliances market.
- To
identify tailwinds and headwinds for the Saudi Arabia electric kitchen
appliances market.
- To
examine competitive developments such as expansions, new product launches,
supply contracts, and mergers & acquisitions in the Saudi Arabia electric
kitchen appliances market.
- To
evaluate competitor pricing, average market selling prices and trends in the Saudi
Arabia electric kitchen appliances market.
- To
strategically profile the leading players, which are involved in the supply of electric
kitchen appliances in market.
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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 Saudi Arabia. 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:
- Saudi Arabia electric kitchen appliances manufacturers
- Saudi Arabia electric kitchen appliances suppliers
- Research organizations and consulting companies
- Associations, organizations, associations and alliances related to electric
kitchen appliances manufacturing
- Government bodies such as regulating authorities and policy makers
- Industry associations
- Market research and consulting firms
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.
|
Attribute
|
Details
|
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Base Year
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2021
|
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Historical Years
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2017 – 2020
|
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Estimated Year
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2022E
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Forecast Period
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2023F – 2027F
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022E-2027F
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Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments Covered
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·
Type
·
Product
Type
·
Distribution
Channel
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|
Region Scope
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Central, Eastern, Western, Northern & Southern
|
|
Key Companies Profiled
|
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
|
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
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Pricing and Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, Saudi Arabia electric
kitchen appliances market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Saudi Arabia Electric Kitchen Appliances Market,
By Type:
- Saudi Arabia Electric Kitchen Appliances Market,
By Product Type:
- Small Kitchen Appliances
- Large Kitchen Appliances
- Saudi Arabia Electric Kitchen Appliances Market,
By Distribution Channel:
- Specialist Retailers
- E-commerce
- Supermarkets and Hypermarkets
- Department Stores
- Others
- Saudi Arabia Electric Kitchen Appliances Market,
By End User:
- Saudi Arabia Electric Kitchen Appliances Market,
By Region:
- Central Region
- Western Region
- Eastern Region
- Northern Region
- Southern Region
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia 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
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]