Market Size of UAE Major Home Appliances Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.07 Billion |
Market Size (2029) | USD 1.31 Billion |
CAGR (2024 - 2029) | 4.24 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UAE Major Home Appliances Market Analysis
The UAE Major Home Appliances Market size is estimated at USD 1.07 billion in 2024, and is expected to reach USD 1.31 billion by 2029, growing at a CAGR of 4.24% during the forecast period (2024-2029).
The changing consumer lifestyle and growing economic pressure increased the growth rate of the UAE's primary major home appliance industry. The increasing adoption of advanced technology also boosts the growth of the market. The penetration of digital technologies initiated the development of energy-efficient appliances, which help perform functions with less energy consumption. Factors like rising disposable income, improving living standards, and the need for comfort are the primary drivers of the growth of major home appliances in the UAE.
The increasing penetration of distribution channels such as specialty stores, brand outlets, e-commerce, and supermarkets contribute to the growth of the UAE’s primary home appliance industry. The demand for major household appliances like dishwashers, washing machines, and mixer grinders increased due to consumers' sedentary, busy lifestyles.
The UAE manufacturers have integrated advanced technologies like artificial intelligence, AR/VR, the Internet of Things, and robotics in significant home appliances to enhance consumer experience and boost the market's growth. Regularly introducing new home products with the latest advanced and innovative features increases consumers' demand and promotes the sales of major home appliances.