Market Size of Egypt Small Home Appliances Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.20 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Egypt Small Home Appliances Market Analysis
The Egypt Small Home Appliances market is expected to register at a CAGR greater than 4.2% during the forecast period. The Egypt Small Home Appliances Market is observing significant growth owing to the growing living standards of consumers. Usage of small household appliances is helping households to save time for themselves as well as serve effectively in their workplace.Major share of household appliance purchase in egypt is through offline mode with a share of 93.3% signifying a major role played by offline retailers in sale of these appliances.
With the advent of Covid-19 attraction of consumers towards purchasing air purifiers increased, with people opting for replacing their old appliances with smart and advanced appliances. Even during the covid period consumer spending was observing growth which resulted in home appliance manufacturers for maintaining their market share. With the advent of covid Online sales of Household appliance observed jump of 2% rising to 6.3% in its sale.
With the expansion of the e-commerce industry, the small home appliances market had witnessed more demand as online platforms are offering with free home delivery , discounts, product varieties, and easy exchange, which plays a major part in making online purchases highly attractive. Revenue contribution of Small household appliance in the Home Appliance segment of Egypt is observing a continuous increase with revenue of USD 2.73 Billion last year, driving businesses for investing in the market.
