Qatar Home Appliances Market Introduction and Overview
According to SPER Market Research, the Qatar Home Appliances Market is estimated to reach USD 596.57 million by 2033 with a CAGR of 4.29%.
The report includes an in-depth analysis of the Qatar Home Appliances Market, including market size and trends, product mix, distribution channels, and supplier analysis. An appliance used primarily in the home or for household chores like cooking, cleaning, or food preservation is referred to as a home appliance. These devices are usually electrically powered. White goods like refrigerators, air conditioners, dishwashers, clothes dryers, drying cabinets, freezers, kitchen stoves, water heaters, and washing machines make up the majority of what is commonly referred to as home appliances. They can be acquired via a number of distribution channels, such as e-commerce, specialty stores, supermarkets and hypermarkets, and others.
- Due to their ability to make indoor tasks like cooking, cleaning, and personal grooming more efficient, small domestic appliances are commonly used in homes. These compact kitchen appliances cut down on the amount of time and work needed to complete these tasks significantly. Numerous electronic merchants, such as Walmart, Croma, Reliance Digital, etc.,
- In March 2022, Haier introduced a new elegant cool AC series with frost self-clean technology and 5-star energy savings, thereby expanding its range of air conditioners. With an ISEER of 5.40 and Triple Inverter Plus technology, the brand-new Haier Elegante Cool Air Conditioners allowed customers to save even more energy.
- January 2022: Whirlpool Corporation declared that it has successfully acquired InSinkErator from Emerson, the largest producer of food waste disposers and instant hot water dispensers for residential and commercial use worldwide.
Market Opportunities and Challenges
Opportunities: The home appliance market in Qatar has been expanding rapidly, and this trend is predicted to continue throughout the forecast period. The nation has the greatest GDP per capita income and the lowest unemployment rate, which is increasing disposable income. As a result, this is encouraging people to spend more money on home appliances. The constant advancement of technology and the innovation being incorporated into all appliances. They are consequently spending more money on household appliances. A few of the things driving the home appliance market in Qatar are the constantly advancing state of technology, the numerous innovations occurring in the appliances industry across all segments, and the increasing number of people using the internet.
Challenges: The dynamics and growth of the home appliance market in Qatar are impacted by various challenges. A prominent obstacle is the nation's small population in comparison to its prosperous economy, which results in a restricted pool of customers. This makes it harder for producers and merchants to achieve economies of scale, which could impede the growth of the market as a whole. Furthermore, the country's harsh climate, which is marked by high temperatures, can have an impact on the performance and lifespan of different devices as well as the demand for specific appliances, like air conditioners. Furthermore, because Qatar primarily depends on income from oil and gas, the market is vulnerable to changes in the state of the world economy.
Market Competitive Landscape
The Qatar Home Appliances Market is highly consolidated. There is less space for new players in the market as consumers' attention is moving toward more affordable, mainstream brands. Furthermore, rather than the typical products, consumers are searching for ones with multiple uses. The leading companies in the Qatari home appliances market are Panasonic, Whirlpool Corporation, Samsung Electronics, Whirlpool Home Appliances Group, Haier Electronics Group Co. Ltd, and BSH Home Appliances Group.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Major Appliances, By Small Appliances, By Distribution Channel
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Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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Companies Covered | BSH Hausgerate GmbH, Electro, Gettco, Gorenje Group, Haier Electronics Group Co. Ltd, LG Electronics Inc., Mitsubishi Electric Corp, Panasonic Corporation, Samsung Electronics Co. Ltd, Whirlpool Corporation, Others
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COVID-19 Impact on Qatar Home Appliances Market
The COVID-19 pandemic caused about a number of challenges that have altered consumer behaviour and industry dynamics, greatly affecting the home appliances market in Qatar. Lockdowns and other measures taken in the beginning to stop the virus's spread upset supply chains, which caused shortages and postponed product releases. There was a discernible drop in overall purchasing power due to economic uncertainties and decreased consumer confidence, which had an impact on the demand for non-essential items like home appliances. Sales of non-essential goods temporarily declined as households prioritized necessities.
Key Target Audience
- Homeowners
- Apartment Dwellers
- Builders and Contractors
- Commercial Establishments
- Interior Designers
- Technology Enthusiasts
- Eco-conscious Consumers
- First-Time Homebuyers
- Appliance Replacement Market
Our in-depth analysis of the Qatar Home Appliances Market includes the following segments:
By Major Appliances:
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Refrigerators
Freezers
Dishwashing Machines
Washing Machines
Cookers and Ovens
Others
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By Small Appliances:
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Vacuum Cleaners
Toasters
Grills and Roasters
Coffee Makers
Others
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By Distribution Channel:
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Offline
Contractors
Builders
Online
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Key Topics Covered in the Report- Qatar Home Appliances Market Size (FY’2023-FY’2033)
- Overview of Qatar Home Appliances Market
- Segmentation of Qatar Home Appliances Market By Major Appliances (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, Cookers and Ovens, Others)
- Segmentation of Qatar Home Appliances Market By Small Appliances (Vacuum Cleaners, Toasters, Grills and Roasters, Coffee Makers, Others)
- Segmentation of Qatar Home Appliances Market By Distribution Channel (Mass Merchandizers, Specialty Stores, Online, Others)
- Expansion Analysis of Qatar Home Appliances Market
- Problems and Obstacles in Qatar Home Appliances Market
- Competitive Landscape in the Qatar Home Appliances Market
- Impact of COVID-19 and Demonetization on Qatar Home Appliances Market
- Details on Current Investment in Qatar Home Appliances Market
- Competitive Analysis of Qatar Home Appliances Market
- Prominent Players in the Qatar Home Appliances Market
- SWOT Analysis of Qatar Home Appliances Market
- Qatar Home Appliances Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Qatar Home Appliances Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Qatar Home Appliances Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Qatar Home Appliances Market
7. Qatar Home Appliances Market, By Major Appliances (USD Million)
7.1. Qatar Home Appliances Market Value Share and Forecast, By Major Appliances, 2023-2033
7.2. Refrigerators
7.3. Freezers
7.4. Dishwashing Machines
7.5. Washing Machines
7.6. Cookers and Ovens
7.7. Others
8. Qatar Home Appliances Market, By Small Appliances (USD Million)
8.1. Qatar Home Appliances Market Value Share and Forecast, By Small Appliances, 2023-2033
8.2. Vacuum Cleaners
8.3. Toasters
8.4. Grills and Roasters
8.5. Coffee Makers
8.6. Others
9. Qatar Home Appliances Market, By Distribution Channel (USD Million)
9.1. Qatar Home Appliances Market Value Share and Forecast, By Distribution Channel, 2023-2033
9.2. Mass Merchandizers
9.3. Specialty Stores
9.4. Online
9.5. Others
10. Qatar Home Appliances Market Forecast, 2019-2033 (USD Million)
10.1. Qatar Home Appliances Market Size and Market Share
11. Qatar Home Appliances Market, By Major Appliances, 2019-2033 (USD Million)
11.1. Qatar Home Appliances Market Size and Market Share By Major Appliances (2019-2026)
11.2. Qatar Home Appliances Market Size and Market Share By Major Appliances (2027-2033)
12. Qatar Home Appliances Market, By Small Appliances, 2019-2033 (USD Million)
12.1. Qatar Home Appliances Market Size and Market Share By Small Appliances (2019-2026)
12.2. Qatar Home Appliances Market Size and Market Share By Small Appliances (2027-2033)
13. Qatar Home Appliances Market, By Distribution Channel, 2019-2033 (USD Million)
13.1. Qatar Home Appliances Market Size and Market Share By Distribution Channel (2019-2026)
13.2. Qatar Home Appliances Market Size and Market Share By Distribution Channel (2027-2033)
14. Qatar Home Appliances Market, By Region, 2019-2033 (USD Million)
14.1. Qatar Home Appliances Market Size and Market Share By Region (2019-2026)
14.2. Qatar Home Appliances Market Size and Market Share By Region (2027-2033)
14.3. Eastern Region
14.4. Western Region
14.5. Southern Region
14.6. Northern Region
15. Company Profile
15.1. BSH Hausgerate GmbH
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Electro
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Gettco
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. Gorenje Group
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Haier Electronics Group Co. Ltd
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. LG Electronics Inc.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Mitsubishi Electric Corp
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Panasonic Corporation
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Samsung Electronics Co. Ltd
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Whirlpool Corporation
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.