Market Trends of Bahrain Small Home Appliances Industry
This section covers the major market trends shaping the Bahrain Small Home Appliances Market according to our research experts:
Rising Infrastructure Development surges the requirement for small home appliances
Smart technology and the transition to more energy-efficient appliances have been shaping the market for small home appliances in Bahrain. The growth in residential and commercial infrastructure in Bahrain is expected to drive the demand for small home appliances across the country over the coming years. In March 2021, the government released the budget for FY 2021-2022, which includes a project expenditure of US$1.6 billion over the next two years. This includes allocations for projects in the infrastructure, housing, health, education, sports, culture, electricity, and water sectors, among others. Further, the rising integration of home appliances in the country would be supported by the emphasis on construction activities with the Vision 2030 economic development strategy.
Vacuum Cleaners are Dominant in Bahrain Small Home Appliances Market
The growing population, along with high-income earners, are contributing to the growth of small premium appliances in the market. With the rising urban population in the country, the demand for small home appliances has been witnessing an upsurge over the past few years. The home appliances market is being driven by increased purchasing power and better access to high-quality products at an affordable price. Both residential and commercial environments use vacuum cleaners. The demand for cleanliness and constant innovations are pushing the small home appliances industry in the country. Also, the Ministry of Housing has also launched a social housing financing program to support the home purchases of Bahraini nationals. Thus with rising infrastructure in the country, the demand for small home appliances would witness an upsurge in upcoming years. The major housing projects are East Hidd City, Diyyar Al Muharraq, Tubli Gardens, Argan, East Sitra, and the Naseej project in Northern City.
