Market Size of Gas Hobs Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Gas Hobs Market Analysis
COVID-19 has influenced the home appliance and gas hob supply chain. China is a major consumer and manufacturer of various home appliances and consumer electronics, but it also exports a range of raw materials needed to build finished goods to countries such as Bahrain. As a result, the gap between supply and demand is increasing. However, following the pandemic lockdown, new restaurants, pubs, and hotels are opening, resulting in a significant increase in the demand for gas stoves.
Technological improvement has led to the introduction new goods such as hobs into the Bahrain kitchen appliances industry, which is driving the market. Hobs are contemporary gas stoves incorporated into our kitchen slabs, saving a significant amount of room. Kitchen hobs are one of the most important pieces of cooking equipment and can be found in almost every modern home. One of the key reasons for the surge in demand for hobs in the market is the introduction of innovative features such as flame failure detection technology, which immediately turns off when gas leakage is detected.