UAE Home Appliances Market Size

UAE Home Appliance Market Analysis

A home appliance, also referred to as a domestic appliance, an electric appliance, or a household appliance, is a machine that assists in household functions such as cooking, cleaning, and food preservation.

COVID-19 has disrupted the global supply chain of the major home appliances and consumer electronic brands. China is one of the largest consumers and producers of various home appliances and consumer electronics products, but it also caters to a wide range of countries by exporting several input supplies that are essentially used to produce finished goods. The shutdown of production in China has forced other consumer electronics makers based in the UAE to temporarily hold the production of the finished goods. This is leading to an increase in the supply and demand gap.

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.