Market Size of Oman Small Home Appliances Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Oman Small Home Appliances Market Analysis
Small appliances are semi-portable or portable machines that are used to do a specific household duty on platforms such as counter-tops and tabletops. Some small appliances, such as an oven, can be used in the same way as major appliances and perform similar jobs. Both business and domestic versions of small appliances are available.
The COVID-19 had an influence on the market because of the lockdown, which resulted in a halt in logistics and production at the plants, as well as their assembling. A shift in demand from residentials to persons who were through the Work from Home (WFH)culture and thus wanted compact home gadgets that made their living and working environment go together easily.
Due to the expansion of the e-commerce industry, the Oman small home appliances market witnessed more demand as online platforms offered several benefits such as free home delivery, discounts, product varieties, and easy exchange, which is a major factor that makes online purchases highly attractive.