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The outbreak of COVID-19 had a favorable influence on the microwave oven industry. However, sales were hampered in the first quarter of the pandemic because to limitations and disruptions in the supply chain, but sales gradually improved. This is due to the emergence of the work-at-home culture, which has encouraged customers to stay at home and cook more simply.
Customer's improving standards of living, the growing proportion of nuclear families, and increased demand for frozen and ready-to-eat food are all driving market expansion in the UAE. The rising number of working women and people's busy schedules in cities are projected to drive growing demand for ovens. Over the projected period, the robust expansion of the hospitality industry, as well as increased catering contracts for large-scale parties, seminars, and other social gatherings, are likely to fuel demand for commercial appliances. Economic factors such as expanding population, rising consumer disposable income, and increased consumer knowledge of diverse cooking equipment such as microwave ovens, grills, and barbeques are expected to have a favorable influence on the industry.
Scope of the Report
Microwave ovens are now a standard feature of most kitchen equipment. The polar molecules in food are heated in a microwave oven using thermal energy, a process known as dialectic heating. The microwave radiation released by microwave ovens has a shorter wavelength but a lot of energy, which allows for speedier cooking. The UAE Microwave Ovens Market is Segmented By Type (Grill, Solo, and Convection), By Distribution Channel (Multibrand Stores, Exclusive Stores, Online, and Other Distribution Channels), By Application (Residential and Commercial).
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|Other Distribution Channels|
Key Market Trends
Increasing Urbanization and Rising Standard of Living Booming the Sector
The UAE microwave oven market is growing due to expanding urbanisation and a rising level of life. Combi ovens (combination of grill and convection microwave ovens) are seeing a considerable adoption among customers from both domestic and business settings as new models join the UAE microwave oven market with new capabilities. Furthermore, the rising health risk linked with consuming greasy foods has prompted customers to seek for multi-functional microwave ovens that can help them cook without using any oil. In order to appeal to a broad consumer base, popular foodservice shops are adding multipurpose microwave ovens and eliminating traditional ovens and pressure cookers. Microwave oven demand has increased as a result of this aspect.
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Microwave Product Innovations and Increased Usage
New microwave ovens are being introduced to the market with exciting new features. Customers in both residential and business settings are showing a strong interest in combi ovens (which combine grill and convection microwave ovens). Customers are turning to multi-functional microwave ovens that may help them cook without using oil as a result of the rising health risks linked with consuming fatty foods. To appeal to a huge consumer base, popular foodservice businesses are adding multipurpose microwave ovens and eliminating traditional ovens and pressure cookers. Because of the excellent response, manufacturers are including self-cleaning features in their microwave ovens. Microwave ovens continue to draw clients from all walks of life due to their numerous functions and low pricing, making them a must-have kitchen device.
The report covers major players operating in the UAE Microwave Ovens Market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase exports.
- In 2022, Panasonic Introduces the NNST34H, a 25-Liter Solo Microwave in UAE. Panasonic's 25-litre microwave is perfect for regular usage. The microwave has nine auto cooking settings, ranging from chicken to frozen veggies, so you can choose precisely how you want to heat your food without it drying up.
- In 2022, In the United Arab Emirates, Samsung has released the ME6194ST, a 45-liter microwave oven. The device's One Touch Sensor takes smart cooking to the next level: it understands exactly what temperature and time you need for everything from small snacks to large dinners. The ceramic enamel of the appliance does not scratch or break like stainless steel or plastic. It's simple to clean and maintain, and it always appears fresh new. The microwave's walls are also covered with a cutting-edge substance that functions as a deodorizer, giving it a clean, fresh scent anytime you open the door.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights on Various Regulatory Trends
4.5 Insights on impact of technology and innovation
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.2 By Distribution Channel
5.2.1 MultiBrand Stores
5.2.2 Exclusive Stores
5.2.4 Other Distribution Channels
5.3 By Application
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Samsung Electronics
6.2.2 Hoover Limited
6.2.3 LG Electronics
6.2.4 Panasonic Corporation
6.2.5 AB Electrolux
6.2.6 Whirlpool Corporation
6.2.8 Haier Electronics Group Co. Ltd
6.2.10 Robert Bosch
6.2.11 Gorenje Group
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
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Frequently Asked Questions
What is the study period of this market?
The UAE Microwave Ovens Market market is studied from 2018 - 2027.
What is the growth rate of UAE Microwave Ovens Market ?
The UAE Microwave Ovens Market is growing at a CAGR of <4% over the next 5 years.
Who are the key players in UAE Microwave Ovens Market ?
Samsung Electronics, Hoover Limited, LG Electronics, Panasonic Corporation, AB Electrolux are the major companies operating in UAE Microwave Ovens Market .