Market Size of UAE Microwave Ovens 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 Microwave Ovens Market Analysis
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.
