Market Size of UAE Gas Hobs Industry
| 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAE Gas Hobs Market Analysis
The UAE gas hobs industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. Gas hobs are among the most essential equipment needed for cooking and find their place in most of the modern houses. Hobs are basically modern gas stoves that are inbuilt into our kitchen slabs and help in saving a lot of space. Innovative features such as the incorporation of flame failure detection technology which automatically shuts off when gas leakage is observed and is one of the major reasons for the rise in demand for hobs in the market.
The manufacturers of hobs are focused on making them more energy efficient and convenient to use and at the same time improving the overall performance of hobs to provide a better cooking experience to the consumers as a result of which the demand for hobs is anticipated to increase in the market. The growing number of smart homes also plays a major role in boosting the demand for hobs in the market. Hobs are so designed that they consume less amount of energy or fuel for the same amount of work that a normal cooktop would take which is a major attraction or the consumers and leads to fuelling the demand for hobs in the market.
As the gas hobs business struggles with supply chain disruption and weaker consumer demand as a result of the economic effect of COVID-19, possibilities exist in products that address heightened hygiene concerns and at-home activities such as cooking in 2020 and beyond. Longer term, the magnitude of the impending economic disruption and the amount of consumer appliance demand lost during the lockdown are the two important 'known unknowns' that will shape future market performance.
