Middle East & Africa Smart Kitchen Appliances Market Size & Outlook
Middle East & Africa smart kitchen appliances market, 2017-2030 (US$M)
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MEA smart kitchen appliances market highlights
- The MEA smart kitchen appliances market generated a revenue of USD 463.8 million in 2022.
- The market is expected to grow at a CAGR of 21.9% from 2023 to 2030.
- In terms of segment, smart refrigerators was the largest revenue generating product in 2022.
- Smart Cookware & Cooktops is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 463.8 million |
| Market revenue in 2030 | USD 2,258.7 million |
| Growth rate | 21.9% (CAGR from 2022 to 2030) |
| Largest segment | Smart refrigerators |
| Fastest growing segment | Smart Cookware & Cooktops |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Other Appliances |
| Key market players worldwide | Whirlpool Corp, LG Electronics Inc ADR, Electrolux AB ADR, Samsung Electronics Co Ltd, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Bosch, Breville Group Ltd, Miele, Daewoo International |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.0% of the global smart kitchen appliances market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 2,258.7 million by 2030.
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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Smart Kitchen Appliances Market Scope
Smart Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa smart kitchen appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart kitchen appliances market will help companies and investors design strategic landscapes.
Smart refrigerators was the largest segment with a revenue share of 34.48% in 2022. Horizon Databook has segmented the Middle East & Africa smart kitchen appliances market based on smart refrigerators, smart cookware & cooktops, smart dishwashers, smart ovens, other appliances covering the revenue growth of each sub-segment from 2017 to 2030.
As a highly developed region in the Middle East & Africa, GCC offers numerous opportunities for high-end kitchen appliance manufacturers owing to high household spending and rising commercial activities. This has driven the demand for smart kitchen appliances.
The region witnesses a significant tourist inflow, especially in Egypt, Dubai, Doha, Tel Aviv, Qatar, Istanbul, Kenya, and Abu Dhabi. This is primarily due to improving service standards, rising tourism incentives, and increasing development of new attractions.
Apart from this, many international manufacturers offer smart kitchen appliances in the region through online distribution channels. For instance, Xiaomi is offering, Smart Air Fryer, through the local ecommerce platform in the country.
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Our clientele includes a mix of smart kitchen appliances market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa smart kitchen appliances market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart kitchen appliances market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA smart kitchen appliances market size, by country, 2017-2030 (US$M)
Middle East & Africa Smart Kitchen Appliances Market Outlook Share, 2022 & 2030 (US$M)
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