Middle East Portable Washing Machines - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
The Middle East Portable Washing Machines Market is expected to register a CAGR of 2.71% during the forecast period.
As the number of working women in the Middle East rises, there is an increase in spending on high-end domestic appliances. Due to their easiness of application and flexibility, the market is projected to expand. The portable washing machine executes the same functions as full-sized machinery, but they prioritize area and accessibility with caster wheels, compact measurement, and hand-powered agitators. Consumers in the Middle East, particularly women, are drawn to such advantages since they prefer more lightweight and portable home appliances.
In recent years, there have been a lot of technological advances in the Middle East portable washing machines, which have made them more efficient in terms of water and electricity usage. This has made it easier for key players to get a bigger market share in portable washing machines.
With growing urbanization in the Middle East, there is an increasing demand for automated and smart devices. This growth will be fuelled by organizations constantly innovating to meet the ever-evolving needs of consumers. Most consumers in the Middle East today are adopting information-centric buying and refer to an average of 3 touchpoints for gathering information before actual purchase. They are looking for product-based solutions that fit the overall home ecosystem and are open to technology like connected appliances and products that satisfy the increasing convenience and comfort needs. The overarching goal of being able to care for both family and the environment also influences appliance buying decisions, thus boosting the growth of the Middle East portable washing machines market.
Middle East Portable Washing Machines Market Trends
Rising Demand From Residential Segment
Over the years Middle Eastern countries have observed a continuous increase in their population with a rise in demand for housing units as well as their demand for portable washing machines in their homes. As portable washing is lightweight, they are easy to carry here and there, providing facilitation to the users while changing their location. Kuwait, over the period, had emerged as the country with the largest share of urbanization in the region, leading to an increasing number of residential populations residing in these regions demanding portable washing machines. Among the major appliances in the Middle East region, the share of washing machines has observed a continuous increase, leading to an increasing number of manufacturers entering the market to reap the existing benefit. These trends are leading to the residential segment emerging as a major market for middle east portable washing machine sales.
UAE Emerging as Major Portable Washing Machine Market
Over the years, the revenue of the washing machine market in UAE has observed a continuous increase, rising over the last year, creating a positive externality for the sales of portable washing machines in the country as well. Among the washing machine manufacturers, Electrolux, candy, GE, Haier, LG, and Whirlpool are among the players leading the market. Among the major appliance sales in UAE, washing machines exist with a share of more than 15% and have observed a continuous increase over the years with a rise in demand from the residential as well as commercial units. In addition, over the years, the UAE has observed a continuous increase in demand for portable washing machines equipped with smart features and their rising penetration among households. These trends are leading to the UAE emerging as a major portable washing market in the Middle East region.
Middle East Portable Washing Machines Industry Overview
The Middle East portable washing machine market is fragmented with the presence of regional as well as global players in the market. Energy labels and energy-efficiency policies have enabled manufacturers to focus on the development of energy-efficient products. Middle East manufacturers are focusing on new product development, advancement in technologies, and increasing their manufacturing capacity. Some of the key players in the Middle East portable washing machine market are LG Electronics, Samsung, Nikai, SuperGeneral, and Panasonic.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
As the number of working women in the Middle East rises, there is an increase in spending on high-end domestic appliances. Due to their easiness of application and flexibility, the market is projected to expand. The portable washing machine executes the same functions as full-sized machinery, but they prioritize area and accessibility with caster wheels, compact measurement, and hand-powered agitators. Consumers in the Middle East, particularly women, are drawn to such advantages since they prefer more lightweight and portable home appliances.
In recent years, there have been a lot of technological advances in the Middle East portable washing machines, which have made them more efficient in terms of water and electricity usage. This has made it easier for key players to get a bigger market share in portable washing machines.
With growing urbanization in the Middle East, there is an increasing demand for automated and smart devices. This growth will be fuelled by organizations constantly innovating to meet the ever-evolving needs of consumers. Most consumers in the Middle East today are adopting information-centric buying and refer to an average of 3 touchpoints for gathering information before actual purchase. They are looking for product-based solutions that fit the overall home ecosystem and are open to technology like connected appliances and products that satisfy the increasing convenience and comfort needs. The overarching goal of being able to care for both family and the environment also influences appliance buying decisions, thus boosting the growth of the Middle East portable washing machines market.
Middle East Portable Washing Machines Market Trends
Rising Demand From Residential Segment
Over the years Middle Eastern countries have observed a continuous increase in their population with a rise in demand for housing units as well as their demand for portable washing machines in their homes. As portable washing is lightweight, they are easy to carry here and there, providing facilitation to the users while changing their location. Kuwait, over the period, had emerged as the country with the largest share of urbanization in the region, leading to an increasing number of residential populations residing in these regions demanding portable washing machines. Among the major appliances in the Middle East region, the share of washing machines has observed a continuous increase, leading to an increasing number of manufacturers entering the market to reap the existing benefit. These trends are leading to the residential segment emerging as a major market for middle east portable washing machine sales.
UAE Emerging as Major Portable Washing Machine Market
Over the years, the revenue of the washing machine market in UAE has observed a continuous increase, rising over the last year, creating a positive externality for the sales of portable washing machines in the country as well. Among the washing machine manufacturers, Electrolux, candy, GE, Haier, LG, and Whirlpool are among the players leading the market. Among the major appliance sales in UAE, washing machines exist with a share of more than 15% and have observed a continuous increase over the years with a rise in demand from the residential as well as commercial units. In addition, over the years, the UAE has observed a continuous increase in demand for portable washing machines equipped with smart features and their rising penetration among households. These trends are leading to the UAE emerging as a major portable washing market in the Middle East region.
Middle East Portable Washing Machines Industry Overview
The Middle East portable washing machine market is fragmented with the presence of regional as well as global players in the market. Energy labels and energy-efficiency policies have enabled manufacturers to focus on the development of energy-efficient products. Middle East manufacturers are focusing on new product development, advancement in technologies, and increasing their manufacturing capacity. Some of the key players in the Middle East portable washing machine market are LG Electronics, Samsung, Nikai, SuperGeneral, and Panasonic.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
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
4.2.1 Increasing Household Disposable Income Drives The Market
4.2.2 Changing Lifestyles and Time Constraints Drives The Market
4.3 Market Restraints
4.4 Market Opportunities
4.4.1 Technological Advancement in Portable Washing Machine
4.4.2 Increasing Population And Decreasing Space In Households
4.5 Industry Value Chain Analysis
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 Insights on Technology Innovation in the Market.
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Top Load
5.1.2 Front Load
5.2 By End- User
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Multi brands store
5.3.2 Exclusive Store
5.3.3 Online
5.3.4 Other Distribution Channel
5.4 By Country
5.4.1 UAE
5.4.2 Saudi Arabia
5.4.3 Kuwait
5.4.4 Oman
5.4.5 Rest of Middle East
6 COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 LG Electronics Inc
6.2.2 Samsung
6.2.3 Nikai
6.2.4 SuperGeneral
6.2.5 Panasonic Corporation
6.2.6 Haier
6.2.7 Siemens AG
6.2.8 IFB Appliances
6.2.9 Danby
6.2.10 SMEG S.p.A.*
7 MARKET FUTURE TRENDS
8 DISCLAIMER AND ABOUT US
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
4.2.1 Increasing Household Disposable Income Drives The Market
4.2.2 Changing Lifestyles and Time Constraints Drives The Market
4.3 Market Restraints
4.4 Market Opportunities
4.4.1 Technological Advancement in Portable Washing Machine
4.4.2 Increasing Population And Decreasing Space In Households
4.5 Industry Value Chain Analysis
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 Insights on Technology Innovation in the Market.
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Top Load
5.1.2 Front Load
5.2 By End- User
5.2.1 Residential
5.2.2 Commercial
5.3 By Distribution Channel
5.3.1 Multi brands store
5.3.2 Exclusive Store
5.3.3 Online
5.3.4 Other Distribution Channel
5.4 By Country
5.4.1 UAE
5.4.2 Saudi Arabia
5.4.3 Kuwait
5.4.4 Oman
5.4.5 Rest of Middle East
6 COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 LG Electronics Inc
6.2.2 Samsung
6.2.3 Nikai
6.2.4 SuperGeneral
6.2.5 Panasonic Corporation
6.2.6 Haier
6.2.7 Siemens AG
6.2.8 IFB Appliances
6.2.9 Danby
6.2.10 SMEG S.p.A.*
7 MARKET FUTURE TRENDS
8 DISCLAIMER AND ABOUT US
