Bahrain Small Home Appliances Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 2.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bahrain Small Home Appliances Market Analysis
The rise in consumer disposable income, improved quality of life, and ease of use of small home appliances have resulted in the growing demand for the market over the previous years. Growing infrastructural facilities related to restaurants and cafes are largely escalating the consumption rate of such products at several restaurants and cafes. Middle-income groups are largely spending on the small kitchen, and home appliances owing to rising living standards, ease to use, and in order to convenience in lifestyle.
Furthermore, the COVID-19 pandemic disrupted the supply chain and demand patterns and caused economic uncertainties among working individuals, which negatively affected the market growth, particularly in 2020. Leading companies manufacturing electrical appliances said sales had slumped considerably, with many stores remaining shut since the lockdown was introduced in the country. The market recovered at a faster pace in the following years for small home appliances owing to rising urbanization and living standard in Bahrain.
Bahrain Small Home Appliances Market Trends
This section covers the major market trends shaping the Bahrain Small Home Appliances Market according to our research experts:
Rising Infrastructure Development surges the requirement for small home appliances
Smart technology and the transition to more energy-efficient appliances have been shaping the market for small home appliances in Bahrain. The growth in residential and commercial infrastructure in Bahrain is expected to drive the demand for small home appliances across the country over the coming years. In March 2021, the government released the budget for FY 2021-2022, which includes a project expenditure of US$1.6 billion over the next two years. This includes allocations for projects in the infrastructure, housing, health, education, sports, culture, electricity, and water sectors, among others. Further, the rising integration of home appliances in the country would be supported by the emphasis on construction activities with the Vision 2030 economic development strategy.
Vacuum Cleaners are Dominant in Bahrain Small Home Appliances Market
The growing population, along with high-income earners, are contributing to the growth of small premium appliances in the market. With the rising urban population in the country, the demand for small home appliances has been witnessing an upsurge over the past few years. The home appliances market is being driven by increased purchasing power and better access to high-quality products at an affordable price. Both residential and commercial environments use vacuum cleaners. The demand for cleanliness and constant innovations are pushing the small home appliances industry in the country. Also, the Ministry of Housing has also launched a social housing financing program to support the home purchases of Bahraini nationals. Thus with rising infrastructure in the country, the demand for small home appliances would witness an upsurge in upcoming years. The major housing projects are East Hidd City, Diyyar Al Muharraq, Tubli Gardens, Argan, East Sitra, and the Naseej project in Northern City.
Bahrain Small Home Appliances Industry Overview
The report covers major international players operating in Bahrain's Small Home Appliances Market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, domestic and international companies are increasing their market presence by securing new contracts and tapping new markets. It has major players, including LG, Bosch, Samsung, and many more.
Bahrain Small Home Appliances Market Leaders
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LG
-
Bosch
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Samsung
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Panasonic
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Hitachi
*Disclaimer: Major Players sorted in no particular order
Bahrain Small Home Appliances Market News
- On 7th June 2022, Samsung Electronics announced the global launch of SmartThings Home Life, offering consumers worldwide a more holistic smart home experience. Samsung's SmartThings Home Life, introduced at this year's Bespoke Home 2022, was set to launch in 97 countries later in June.
- On 8th June 2022, LG Electronics (LG) is set to hold a series of sophisticated events at the Signature Kitchen Suite Showroom in Piazza Cavour, Milan, during this year's Milan Design Week 2022.
Bahrain Small Home Appliances Market Report - Table of Contents
1. INTRODUCTION
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 impact of technology and innovation in Operation in Small Home Appliances
4.5 Insights on Performance of Small Home Appliance Manufacturers in Bahrain
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 Product
5.1.1 Vacuum Cleaners
5.1.2 Irons
5.1.3 Toasters
5.1.4 Grills and Roasters
5.1.5 Hair Dryers
5.1.6 Water Heaters
5.1.7 Others
5.2 Distribution Channel
5.2.1 Supermarkets and Hypermarkets
5.2.2 Online
5.2.3 Specialty Stores
5.2.4 Others
5.3 End Users
5.3.1 Residential
5.3.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Samsung
6.2.2 LG Electronics
6.2.3 Whirlpool
6.2.4 Toshiba
6.2.5 Hitachi
6.2.6 Bosch
6.2.7 Sharp
6.2.8 Hoover
6.2.9 Panasonic*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Bahrain Small Home Appliances Industry Segmentation
A complete background analysis of the Bahrain Small Home Appliances market, which includes an assessment of the National accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and the market overview, is covered in the report. Bahrain Small Home Appliances Market is segmented by Product (Vacuum Cleaners, Irons, Toasters, Grills and Roasters, Hair Dryers, Water Heaters, and Others), by Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online, and Others), and by End Users (Residential and Commercial).
| Product | |
| Vacuum Cleaners | |
| Irons | |
| Toasters | |
| Grills and Roasters | |
| Hair Dryers | |
| Water Heaters | |
| Others |
| Distribution Channel | |
| Supermarkets and Hypermarkets | |
| Online | |
| Specialty Stores | |
| Others |
| End Users | |
| Residential | |
| Commercial |
Bahrain Small Home Appliances Market Research FAQs
What is the current Bahrain Small Home Appliances Market size?
The Bahrain Small Home Appliances Market is projected to register a CAGR of greater than 2.70% during the forecast period (2024-2029)
Who are the key players in Bahrain Small Home Appliances Market?
LG, Bosch, Samsung, Panasonic and Hitachi are the major companies operating in the Bahrain Small Home Appliances Market.
What years does this Bahrain Small Home Appliances Market cover?
The report covers the Bahrain Small Home Appliances Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Bahrain Small Home Appliances Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bahrain Small Home Appliances Industry Report
Statistics for the 2024 Bahrain Small Home Appliances market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Bahrain Small Home Appliances analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
