Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Saudi Arabia Home Appliances Market Size

The Saudi Arabia home appliances market reached approximately USD 3.89 billion in 2023. The market is further projected to grow at a CAGR of 3.7% between 2024 and 2032, reaching a value of USD 5.40 billion by 2032.

 

Key Trends in the Market

Home appliances, also referred to as household or domestic appliances refer to devices that help in completion of household chores including food preservation, cooking, cleaning, and washing, among others. These appliances aid in drastically reducing the time associated with the completion of homemaking and housekeeping tasks.

 

  • The increasing working population and reduced time availability for completion of household tasks is boosting the Saudi Arabia home appliances market growth. Rising disposable incomes and growing availability of advanced home appliances in the country are encouraging the regional population towards replacing their existing appliances with small, stylish, and smart appliances.
  • Increased investments towards the promotional and marketing activities by various manufacturers and key market players are supporting the market expansion in the country. Marketing activities including promotion of products across radio, television, and newspapers and paid campaigns and collaborations across social media platforms allows the brands to communicate with their existing customers about the new product offerings as well as expand their customer base.
  • The rising availability of energy efficient home appliances across different distribution channels in Saudi Arabia is offering lucrative growth opportunities to the market. Various consumers prefer using energy efficient home appliances as they help in reducing the carbon footprint, prevent greenhouse emissions, and are cost efficient.

 

Saudi Arabia Home Appliances Market Report Snapshots

Saudi Arabia Home Appliances Market Size

Saudi Arabia Home Appliances Market Share

Saudi Arabia Home Appliances Market Analysis

Saudi Arabia Home Appliances Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 3.89 billion in 2024.

The market is projected to grow at a CAGR of 3.7% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 5.40 billion by 2034.

The major market drivers include rising availability of home appliances across different distribution channels and growing preference for smart home appliances.

The key trends fuelling the growth of the market include increased investments by major market players on promotional activities, rising availability of energy efficient home appliances, and increasing disposable incomes.

The major distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.

The significant products include major appliances and small appliances.

The key players in the market are Robert Bosch GmbH, LG Corporation, Samsung Electronics Co., Ltd., Whirlpool Corporation, Hitachi, Ltd., Panasonic Corporation, Toshiba Corporation, Midea Group, Electrolux AB, Westinghouse Electric Corporation, De’ Longhi Appliances S.r.l., and Nikai Group, among others.

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