United Arab Emirates Home Appliances Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.90 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
United Arab Emirates Home Appliances Market Analysis
The United Arab Emirates Home Appliances Market is valued at USD 440.60 million currently and is expected to register a CAGR of greater than 2.9% during the forecasted period.
The United Arab Emirates (UAE) home appliances market, like many other sectors, experienced significant impacts due to the COVID-19 pandemic. The global lockdowns and restrictions imposed to contain the spread of COVID-19 disrupted supply chains worldwide. The UAE, heavily reliant on imports for home appliances, faced challenges in the availability of products. Factory closures, transportation disruptions, and delays in shipping contributed to supply chain bottlenecks and product shortages. With people spending more time at home due to lockdowns and work-from-home arrangements, their priorities and preferences in home appliances have changed. There was an increased demand for products like home office equipment, kitchen appliances, and cleaning devices.
On the other hand, sectors like air conditioning and luxury appliances experienced a decline in demand. The UAE government implemented various measures to support the economy during the pandemic, including stimulus packages, financial assistance to businesses, and easing of restrictions. As vaccination campaigns progressed and restrictions were gradually lifted, the home appliances market began to recover. Consumers regained confidence, and pent-up demand resulted in a rebound in sales.
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. The United Arab Emirates home appliance market has experienced steady growth over the past few years, and it is one of the top countries in the consumption of home appliances. The rapidly growing expatriate population, rising disposable income, and rapid urbanization are some of the other key factors contributing to the high demand for home appliances. The United Arab Emirates is expected to continue its dominance owing to the heavy adoption of energy-efficient home appliances. Moreover, the growing population coupled with changing lifestyles is predicted to fuel the growth of the home appliance market in the United Arab Emirates. Product innovation, new product development, and integration of numerous value-added features are 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.
United Arab Emirates Home Appliances Market Trends
Growing Expatriate Population is Driving the Market
The United Arab Emirates has a rapidly growing expatriate population due to migration from other countries. The growing expatriate population and low import duties are supporting the growth of the home appliances market in the United Arab Emirates. Leading companies are working on launching technology-driven home appliances, keeping in mind the needs of the working-class population. The important reason behind the rising demand for smart home appliances is the tech-savvy young population. Young people find more value in the concept of smart homes and connected devices mainly because of the convenience that these devices offer.
The Refrigerator Segment Holds the Largest Share in the Market.
The United Arab Emirates Refrigerator market is expected to grow due to the rising demand for energy-efficient and sustainable technology equipment and growing preference towards frozen & chilled products. Expansion of the food and beverage industry, bustling tourism, along with the upcoming smart cities development projects would contribute to the Refrigerator market growth. Growing investments in the innovation of refrigerator units, rising income levels, and a rise in consumer spending power are some of the key trends stimulating market growth. Furthermore, increasing nuclear family count and environmental changes are anticipated to boost the growth of the overall market.
United Arab Emirates Home Appliances Industry Overview
The report covers major international players operating in the United Arab Emirates Home Appliances Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets. Some major players in the market are BSH Home Appliances FZE, LG Electronics Gulf FZE, Better Life LLC, Haier Electronics Group Co. Ltd, and Samsung Electronics Co Ltd.
United Arab Emirates Home Appliances Market Leaders
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BSH Home Appliances FZE
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LG Electronics Gulf FZE
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Better Life LLC
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Haier Electronics Group Co. Ltd
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Samsung Electronics Co Ltd
*Disclaimer: Major Players sorted in no particular order
United Arab Emirates Home Appliances Market News
- June 2023: LG Electronics (LG) announced the launch of its new line-up of built-in home appliances in the UAE. It includes premium ovens, hoods, electric and gas cooktops with versatile, elegant designs and easy controls, all built to revolutionize the way people cook and provide them with a seamless and modern cooking experience. The new appliances are designed to blend seamlessly into any kitchen interior, creating a sleek and modern look while delivering the latest technology and meeting the highest requirements for ergonomics and equipment in the modern kitchen.
- March 2023: BSH Home Appliances will invest in a state-of-the-art factory in Cairo. The German company will invest around €50 million (USD 53362500) in the stove factory.
UAE Home Appliances Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing disposable income
4.2.2 Growing population and urbanization
4.3 Market Restraints
4.3.1 Price sensitivity
4.3.2 Seasonal demand fluctuations
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers/Consumers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 Product
5.1.1 Major Appliances
5.1.1.1 Refrigerators
5.1.1.2 Freezers
5.1.1.3 Dishwashing Machines
5.1.1.4 Washing Machines
5.1.1.5 Ovens
5.1.1.6 Air Conditioners
5.1.1.7 Other Major Appliances
5.1.2 Small Appliances
5.1.2.1 Coffee/Tea Makers
5.1.2.2 Food Processors
5.1.2.3 Grills & Roasters
5.1.2.4 Vacuum Cleaners
5.1.2.5 Grills & Roasters
5.1.2.6 Other Small Appliances
5.2 Distribution Channel
5.2.1 Supermarkets and Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online
5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 BSH Home Appliances FZE
6.2.2 LG Electronics Gulf FZE
6.2.3 Better Life LLC
6.2.4 Haier Electronics Group Co. Ltd.
6.2.5 Samsung Electronics Ltd
6.2.6 AB Electrolux
6.2.7 Hisense Middle East
6.2.8 Teka Kuchentechnik United Arab Emirates LLC
6.2.9 Dyson Limited
6.2.10 Karcher*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
9. DISCLAIMER
United Arab Emirates Home Appliances Industry Segmentation
A complete background analysis of the United Arab Emirates Home Appliances Market, which includes an assessment of the National accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and the market overview, is covered in the report. The United Arab Emirates Home Appliances Market is segmented by Major Appliances (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, Ovens, Air Conditioners, and Other Major Appliances), by Small Appliances (Coffee or Tea Makers, Food Processors, Grills & Roasters, Vacuum Cleaners, Other Small Appliances), and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, E-Commerce and Other Distribution Channels). The report offers Market size and forecasts for the United Arab Emirates Home Appliances Market in value (USD) for all the above segments.
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UAE Home Appliances Market Research FAQs
What is the current United Arab Emirates Home Appliances Market size?
The United Arab Emirates Home Appliances Market is projected to register a CAGR of greater than 2.9% during the forecast period (2024-2029)
Who are the key players in United Arab Emirates Home Appliances Market?
BSH Home Appliances FZE, LG Electronics Gulf FZE, Better Life LLC, Haier Electronics Group Co. Ltd and Samsung Electronics Co Ltd are the major companies operating in the United Arab Emirates Home Appliances Market.
What years does this United Arab Emirates Home Appliances Market cover?
The report covers the United Arab Emirates Home Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Arab Emirates Home Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Home Appliances in UAE Industry Report
Statistics for the 2024 United Arab Emirates Home Appliances market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Arab Emirates Home Appliances analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
