UAE Microwave Ovens Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | < 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
UAE Microwave Ovens Market Analysis
The outbreak of COVID-19 had a favorable influence on the microwave oven industry. However, sales were hampered in the first quarter of the pandemic because to limitations and disruptions in the supply chain, but sales gradually improved. This is due to the emergence of the work-at-home culture, which has encouraged customers to stay at home and cook more simply.
Customer's improving standards of living, the growing proportion of nuclear families, and increased demand for frozen and ready-to-eat food are all driving market expansion in the UAE. The rising number of working women and people's busy schedules in cities are projected to drive growing demand for ovens. Over the projected period, the robust expansion of the hospitality industry, as well as increased catering contracts for large-scale parties, seminars, and other social gatherings, are likely to fuel demand for commercial appliances. Economic factors such as expanding population, rising consumer disposable income, and increased consumer knowledge of diverse cooking equipment such as microwave ovens, grills, and barbeques are expected to have a favorable influence on the industry.
UAE Microwave Ovens Market Trends
This section covers the major market trends shaping the UAE Microwave Ovens Market according to our research experts:
Increasing Urbanization and Rising Standard of Living Booming the Sector
The UAE microwave oven market is growing due to expanding urbanisation and a rising level of life. Combi ovens (combination of grill and convection microwave ovens) are seeing a considerable adoption among customers from both domestic and business settings as new models join the UAE microwave oven market with new capabilities. Furthermore, the rising health risk linked with consuming greasy foods has prompted customers to seek for multi-functional microwave ovens that can help them cook without using any oil. In order to appeal to a broad consumer base, popular foodservice shops are adding multipurpose microwave ovens and eliminating traditional ovens and pressure cookers. Microwave oven demand has increased as a result of this aspect.
Microwave Product Innovations and Increased Usage
New microwave ovens are being introduced to the market with exciting new features. Customers in both residential and business settings are showing a strong interest in combi ovens (which combine grill and convection microwave ovens). Customers are turning to multi-functional microwave ovens that may help them cook without using oil as a result of the rising health risks linked with consuming fatty foods. To appeal to a huge consumer base, popular foodservice businesses are adding multipurpose microwave ovens and eliminating traditional ovens and pressure cookers. Because of the excellent response, manufacturers are including self-cleaning features in their microwave ovens. Microwave ovens continue to draw clients from all walks of life due to their numerous functions and low pricing, making them a must-have kitchen device.
UAE Microwave Ovens Industry Overview
The report covers major players operating in the UAE Microwave Ovens Market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase exports.
UAE Microwave Ovens Market Leaders
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Samsung Electronics
-
Hoover Limited
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LG Electronics
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Panasonic Corporation
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AB Electrolux
*Disclaimer: Major Players sorted in no particular order
UAE Microwave Ovens Market News
- In 2022, Panasonic Introduces the NNST34H, a 25-Liter Solo Microwave in UAE. Panasonic's 25-litre microwave is perfect for regular usage. The microwave has nine auto cooking settings, ranging from chicken to frozen veggies, so you can choose precisely how you want to heat your food without it drying up.
- In 2022, In the United Arab Emirates, Samsung has released the ME6194ST, a 45-liter microwave oven. The device's One Touch Sensor takes smart cooking to the next level: it understands exactly what temperature and time you need for everything from small snacks to large dinners. The ceramic enamel of the appliance does not scratch or break like stainless steel or plastic. It's simple to clean and maintain, and it always appears fresh new. The microwave's walls are also covered with a cutting-edge substance that functions as a deodorizer, giving it a clean, fresh scent anytime you open the door.
UAE Microwave Ovens 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 AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights on Various Regulatory Trends
4.5 Insights on impact of technology and innovation
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Grill
5.1.2 Solo
5.1.3 Convection
5.2 By Distribution Channel
5.2.1 MultiBrand Stores
5.2.2 Exclusive Stores
5.2.3 Online
5.2.4 Other Distribution Channels
5.3 By Application
5.3.1 Residential
5.3.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Samsung Electronics
6.2.2 Hoover Limited
6.2.3 LG Electronics
6.2.4 Panasonic Corporation
6.2.5 AB Electrolux
6.2.6 Whirlpool Corporation
6.2.7 Hisense
6.2.8 Haier Electronics Group Co. Ltd
6.2.9 Midea
6.2.10 Robert Bosch
6.2.11 Gorenje Group
6.2.12 Gettco*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
UAE Microwave Ovens Industry Segmentation
Microwave ovens are now a standard feature of most kitchen equipment. The polar molecules in food are heated in a microwave oven using thermal energy, a process known as dialectic heating. The microwave radiation released by microwave ovens has a shorter wavelength but a lot of energy, which allows for speedier cooking. The UAE Microwave Ovens Market is Segmented By Type (Grill, Solo, and Convection), By Distribution Channel (Multibrand Stores, Exclusive Stores, Online, and Other Distribution Channels), By Application (Residential and Commercial).
By Type | |
Grill | |
Solo | |
Convection |
By Distribution Channel | |
MultiBrand Stores | |
Exclusive Stores | |
Online | |
Other Distribution Channels |
By Application | |
Residential | |
Commercial |
UAE Microwave Ovens Market Research FAQs
What is the current UAE Microwave Ovens Market size?
The UAE Microwave Ovens Market is projected to register a CAGR of less than 4% during the forecast period (2024-2029)
Who are the key players in UAE Microwave Ovens Market?
Samsung Electronics, Hoover Limited, LG Electronics, Panasonic Corporation and AB Electrolux are the major companies operating in the UAE Microwave Ovens Market.
What years does this UAE Microwave Ovens Market cover?
The report covers the UAE Microwave Ovens Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UAE Microwave Ovens Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Microwave Ovens Industry Report
Statistics for the 2024 UAE Microwave Ovens market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Microwave Ovens analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.