Qatar Small Home Appliances Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.10 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Qatar Small Home Appliances Market Analysis
COVID-19 had a moderate effect on Qartar Small Home Appliances market. The increase in staying in home and work from home has promoted the daily usage of Small Home Appliances. This led to increase in purchase of new Appliances and also replacement of old appliances.
Qatar holds the lowest unemployment rate and highest GDP per capita income, which is leading to a rise in disposable income. Therefore, this is driving the citizens to spend more on the Small home appliances industry. The day to day improving technology, the innovation that is being introduced in the small appliances of the industry, and an increasing level of internet penetration, which is strengthening m-commerce and mobile shopping in the region, are a few of the major factors that are driving the small home appliances market in Qatar. Qatar's booming construction industry is also encouraging the sales of home appliances, as customers are highly interested in procuring their new home with the latest appliances and furniture that fits their home size and give their home an attractive look. Consumers are also attracted to appliances that can be connected to smartphones and are wireless. Furthermore, appliances that minimizes consumers average time and effort are attracting attention in the recent times. Smart connectivity is a growing segment of the industry, which enables a consumer to monitor or operate the appliances, even when they are away. The Qatar government's initiative to replace the old, high-power consuming appliances is also a driving factor that has the high potential to increase the sales for less power and water utilizing appliances, with minimized harmful emissions.
Qatar Small Home Appliances Market Trends
This section covers the major market trends shaping the Qatar Small Home Appliances Market according to our research experts:
Growth in Online sales is Driving the Market
Qatar had an e-commerce industry with an expected market size of 1.9 billion U.S. dollars in 2020. The market size of e-commerce in the GCC region was expected to grow to reach 21.6 billion U.S. dollars in that year. Qatar holds a high internet penetration rate that exposes customers to various online platforms to make their purchases. Launched in 2014, the Qatar government's Connect 2020 ICT Policy boosted internet usage in the country and increased customer's interest to try online platforms for their different shopping needs. This is enabling a higher growth rate in internet-based sales, and this trend is expected to continue in the future, owing to the convenience it holds. Through gaining the trust of the customers and strengthening the payment security, internet retailers can increase their number of purchases, as most of the internet users have concerns about payment security.
Increasing Construction Activity is Driving the Market
In Qatar, the construction industry stood second in yielding the highest contribution to GDP, by contributing 15% of the total economy. Residential construction is increasing in the region. To cope with the growing competition, buyers are trying to attract customers by offering smart homes, and by providing different layouts that hold a dedicated space for different home appliances. The demand for these homes is increasing, as they make an ordinary home look more attractive with those structural and architectural design. Manufacturers are trying to grab this opportunity by introducing sleek designs, materials that are highly attractive, aesthetically pleasing colors for the living rooms, and by providing stainless steel finishing to kitchen appliances, among others.
Qatar Small Home Appliances Industry Overview
Qatar Small Home Appliances Market is moderatly consolidated in nature. Some of the major players operating currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies is increasing their market presence by securing new contracts and by tapping new markets.
Qatar Small Home Appliances Market Leaders
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LG Electronics
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Samsung Electronics
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Panasonic
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BSH Hausgeräte GmbH
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Haier
*Disclaimer: Major Players sorted in no particular order
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Qatar Small Home Appliances Market News
- In 2021, Whirlpool which produces home appliances announced partnership with Tadmur Trading for distribution of its home appliance in Qatar. This would increase the sale of Kitchen Appliances like Kitchen Hoods in the Household Appliances Market of Qatar.
- in 2021,Samsung Electronics will unveil its new BESPOKE refrigerator lineup and the first product in its new premium built-in lineup-the Dual Cook Steam oven
Qatar Small Home Appliances Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Defination
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Industry Attractiveness- Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargainning Power of Buyers
4.5.3 Bargainning Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competative Rivalry
4.5.6 Industry Value Chain Analysis
4.6 Insights into Latest Technological Innovations and Recent Trends in the Industry
4.7 Consumer Buying Behaviour Analysis
4.8 Insights on Government Regulations in the Industry
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Vacuum Cleaners
5.1.2 Hair Clippers
5.1.3 Irons
5.1.4 Toasters
5.1.5 Hair Dryers
5.1.6 Coffee Machines
5.1.7 Grills and Roasters
5.1.8 Other Products
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online Stores
5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Whirlpool Corporation
6.2.2 Gettco
6.2.3 LG Electronics Inc.
6.2.4 Samsung Electronics Co. Ltd
6.2.5 Panasonic Corporation
6.2.6 Haier Electronics Group Co. Ltd
6.2.7 BSH Hausgerte GmbH
6.2.8 Electro
6.2.9 Gorenje Group
6.2.10 Mitsubishi Electric Corp*
- *List Not Exhaustive
7. FUTURE TRENDS AND MARKET OPPORTUNITIES
8. APPENDIX
9. DISCLAIMER
Qatar Small Home Appliances Industry Segmentation
Small appliances are semi-portable or portable machines, basically used on platforms such as counter-tops and tabletops to accomplish a certain household task. Some of the small appliances function equally as major appliances and perform similar tasks such as an oven. The Qatar Small Home Appliances Market is Segmented by Product (Vacuum Cleaners, Hair Clippers, Irons, Toasters, Hair Dryers, Coffee Machines, Grills and Roasters, and Other Products) and by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, and Other Distribution Channels).
| By Product Type | |
| Vacuum Cleaners | |
| Hair Clippers | |
| Irons | |
| Toasters | |
| Hair Dryers | |
| Coffee Machines | |
| Grills and Roasters | |
| Other Products |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
Qatar Small Home Appliances Market Research FAQs
What is the current Qatar Small Home Appliances Market size?
The Qatar Small Home Appliances Market is projected to register a CAGR of greater than 2.10% during the forecast period (2024-2029)
Who are the key players in Qatar Small Home Appliances Market?
LG Electronics , Samsung Electronics, Panasonic, BSH Hausgeräte GmbH and Haier are the major companies operating in the Qatar Small Home Appliances Market.
What years does this Qatar Small Home Appliances Market cover?
The report covers the Qatar Small Home Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Small Home Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Qatar Small Home Appliances Industry Report
Statistics for the 2024 Qatar Small Home Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Small Home Appliances analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
