Report Overview

Growing population and urbanization, growing demand for kitchen appliances, rise in disposable income levels of consumers, allowing them to invest in higher quality and more expensive appliances, and government initiatives to encourage energy-efficient appliances could boost the growth of UAE Electric Kitchen Appliances Market during the forecast period between 2023 and 2029.

UAE Electric Kitchen Appliances Market - Trends & Forecast Report, 2029

UAE electric kitchen appliances market size was estimated at USD 6.36 billion in 2022. During the forecast period between 2023 and 2029, UAE electric kitchen appliances market size to grow at a significant CAGR of 6.5% reaching a value of USD 9.85 billion by 2029. The market's expansion is primarily attributed to increasing customer demands, rising disposable income of consumers, product innovation, and the addition of several value-added features. Also, increased digitalization and expanding consumer awareness of smart hubs bolster market growth. Many development projects, expatriates, and the country's booming tourism sector are the main causes of the increase in demand for these items.

UAE Electric Kitchen Appliances Market - Overview

Electric kitchen appliances are kitchen cutlery made for streamlined, simple cooking. Appliances in the kitchen are powered by electricity. In the kitchen, these gadgets are mostly used for cooking, storing food, and cleaning. The market is dominated by electric kitchen appliances, but cooking fuel, renewable energy, and solar energy all play a significant part in powering kitchenware appliances. Some of the most important appliances in the kitchen include the cooker, refrigerator, and dishwasher. These appliances also include coffee makers, food processors, and blenders, which are typically built for countertops. They are utilized for particular cooking reasons and are less expensive. Due to changes in people's lifestyles brought on by a significant increase in disposable income, they are becoming increasingly popular with consumers.

Growth Drivers

Changing Consumer Preference

The UAE electrical kitchen appliances market is expected to grow owing to the introduction of energy-efficient kitchen appliances and the increase in demand for remotely controlled kitchen appliances with sensors. The market for electric kitchen appliances in the UAE is predicted to increase due to industry players' rising large investments in R&D projects to meet changing consumer preferences in terms of quality, affordability, energy efficiency, and technology.

Restraints

Expensive Maintenance and Repair Costs

The growth of the UAE electric kitchen appliances market is limited by expensive maintenance and repair costs. Certain kitchen equipment could employ shoddy internet security methods, giving burglars access to the home's networked devices. An appliance may no longer be able to communicate with other devices, such as a smart home hub and voice-activated controllers if manufacturers fail to supply timely firmware changes. Insecure and antiquated technology also makes it easier for hackers to access the system. Also, the majority of families in the UAE and other emerging nations are middle-class to low-income, making it impossible for them to purchase sophisticated kitchen appliances, which also limits earnings.

Impact of COVID-19 on UAE Electric Kitchen Appliances Market

Prevalence of the diseases post COVID-19 pandemic has increased the demand for major appliances, such as refrigerators, ovens, food processors, and blenders. Following the novel coronavirus spread, the majority of people worked from home, necessitating the development of numerous appliances that could complete tasks more quickly and efficiently than earlier methods. By 2029, the UAE market will reach new heights due to the rapid rise of consumer home appliances. Also, the proliferation of remote-controlled kitchen appliances with sensors and the development of energy-efficient electric kitchen appliances both contribute favorably to the market.

UAE Electric Kitchen Appliances Market

Segmental Coverage

UAE Electric Kitchen Appliances Market - By Product Type

On basis of product type, UAE electric kitchen appliances market is divided into Refrigerators & Freezers, Dishwashers, Ovens & Cooktops, Range Hoods, Coffee Makers & Grinders, Blenders & Mixers, Food Processors, Toasters & Grills, Kettles, and other segments. Among them, the refrigerator & freezers segment dominates the market. The refrigerator has evolved technologically and now comes in a variety of sizes and colors, making it one of the "must-have" kitchen items. The segment has changed in recent years in terms of the products it offers and the technologies it uses. The smart refrigerator has proven popular and is getting more popular with its intended audience. The market for commercial refrigerators is expanding owing to the fast-paced changes in the food business.

UAE Electric Kitchen Appliances Market - By Price Range

On the basis of price range, UAE electric kitchen appliances market is divided into Low-End, Mid-Range, and Premium segments.

UAE Electric Kitchen Appliances Market – By Distribution Channel

By distribution channel, the UAE electric kitchen appliances market is divided into Online Retail, Brick & Mortar Stores, Supermarkets & Hypermarkets, Specialty Stores, and Department Stores segments. Among them, the online retail segment dominates the market. The market for electric kitchen appliances in the UAE is expanding due to the simple financing options, multiple discounts, and variety of store-based retail outlets that are available to consumers through online channels. Also, growing consumer interest in smart homes and the acceptance of connected appliances are driving the expansion of electric kitchen appliances in the UAE and rising demand for remotely operated kitchen appliances.

Competitive Landscape

Major players in the UAE electric kitchen appliances market include LG Electronics, Samsung Electronics, Panasonic Corporation, Bosch Home Appliances, Siemens Home Appliances, Haier Group Corporation, Miele Group, Electrolux AB, Beko Global, Whirlpool Corporation, and KitchenAid. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

• In 2018 - Electrolux expanded its kitchen products in collaboration with Google by incorporating Google Assistant, which allows users to control kitchen appliances using voice commands.

Scope of the Report

By Product Type

• • Refrigerators and Freezers

  • Dishwashers

  • Ovens and Cooktops

  • Range Hoods

  • Coffee Makers and Grinders

  • Blenders and Mixers

  • Food Processors

  • Toasters and Grills

  • Kettles

  • Others

By Price Range

• • Low-End

  • Mid-Range

  • Premium

By Distribution Channel

• • Online Retail

  • Brick & Mortar Stores

  • Supermarkets & Hypermarkets

  • Specialty Stores

  • Department Stores