Egypt Household Appliances Market (2023-2029) | Industry, Growth, Trends, Value, Size, Revenue, Outlook, Analysis, Share, Segmentation & COVID-19 IMPACT

Egypt Household Appliances Market | Country-Wise Share and Competition Analysis

In the year 2021, Turkey  was the largest exporter in terms of value, followed by China. It has registered a growth of 70.79% over the previous year. While China registered a growth of 10.7% as compare to the previous year. In the year 2017 China was the largest exporter followed by Poland. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Egypt has the Herfindahl index of 1785 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2391 which signifies moderately concentrated in the market.

Egypt Household Appliances Market - Export Market Opportunities

Topics Covered in the Egypt Household Appliances Market

Egypt Household Appliances Market report thoroughly covers the market by product and by distribution channel. The Household Appliances Market outlook report provides an unbiased and detailed analysis of the ongoing Household Appliances Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Egypt Household Appliances Market Synopsis

Egypt Household Appliances Market is expected to witness significant growth over the years on account of the growing population and increasing awareness of the benefits of energy-efficient appliances. In addition, the economy of Egypt is growing, resulting in an increasing purchasing power and leading to higher demand for household appliances.

According to 6Wresearch, the Egypt Household Appliances Market share is expected to grow at a higher growth rate during 2023-2029. The country’s growing population is resulting in an increase in the number of households, thereby driving the demand for household appliances such as air conditioners, refrigerators, and microwaves. In addition to this, the rising disposable incomes of these households are enabling them to buy premium products, which is further boosting the Egypt Household Appliances Market size. Moreover, rapidly growing urbanization is another key factor that is propelling the growth of the household appliances market in Egypt as it results in an increasing number of apartments and high-rise buildings. Apart from this, the government is investing heavily in infrastructure projects to improve access to electricity and water supplies. However, power shortages, volatility in the prices of raw materials, and competition from imports are some of the challenges deterring market development.

COVID-19 Impact on the Egypt Household Appliances Market

The COVID-19 pandemic has had a mixed impact on the household appliances market in Egypt. There has been an increase in demand for certain appliances as consumers spend more time at home due to lockdowns and remote work trends. On the other hand, the pandemic has also led to economic uncertainty, which has affected the purchasing power of consumers and has impacted the growth of the Egypt Household Appliances Industry. However, the market is expected to grow in the long term due to the surging demand for modern and energy-efficient appliances.

Key Players in the Egypt Household Appliances Market

The leading players in the household appliances market include:

• LG Electronics: This is a South Korean multinational electronics company that offers refrigerators, washing machines, and air conditioners.
• Samsung Electronics: Samsung is a South Korean multinational electronics company that has a strong brand reputation and offers innovative products.
• Bosch: Bosch is a German multinational engineering and technology company that has a reputation for offering high-quality products.

Market Analysis by Product

According to Shivankar, Research Manager, 6Wresearch, the washing machine segment is projected to be the largest contributor to the market growth and accounted to hold the largest share of the market over the forecast period on the back of rising awareness about personal hygiene and growing purchasing power among consumers. On the other hand, the air conditioner segment is also anticipated gain traction due to increasing temperatures and changing lifestyle patterns.

Market Analysis by Distribution Channel

By distribution channel, the supermarket & hypermarket segment is dominating the Egypt household appliances market share followed by specialty stores and e-commerce. The surging popularity of e-commerce is expected to propel the growth of the household appliances market in Egypt, as more consumers shift towards online shopping.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Egypt Household Appliances Market Outlook
• Market Size of Egypt Household Appliances Market, 2022
• Forecast of Egypt Household Appliances Market, 2029
• Historical Data and Forecast of Egypt Household Appliances Revenues & Volume for the Period 2019 - 2029
• Egypt Household Appliances Market Trend Evolution
• Egypt Household Appliances Market Drivers and Challenges
• Egypt Household Appliances Price Trends
• Egypt Household Appliances Porter's Five Forces
• Egypt Household Appliances Industry Life Cycle
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Refrigerator for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Air Conditioner & Heater for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Entertainment & Information Appliances for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Washing Machine for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Cleaning Appliance for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Cooktop, Cooking Range, Microwave & Oven for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Distribution Channel for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Supermarket & Hypermarket for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Specialty Stores for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By e-Commerce for the Period 2019 - 2029
• Historical Data and Forecast of Egypt Household Appliances Market Revenues & Volume By Others for the Period 2019 - 2029
• Egypt Household Appliances Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Distribution Channel
• Egypt Household Appliances Top Companies Market Share
• Egypt Household Appliances Competitive Benchmarking By Technical and Operational Parameters
• Egypt Household Appliances Company Profiles
• Egypt Household Appliances Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Refrigerator
• Air Conditioner & Heater
• Entertainment & Information Appliances
• Washing Machine
• Cleaning Appliance
• Cooktop
• Cooking Range
• Microwave & Oven
• Others

By Distribution Channel

• Supermarket & Hypermarket
• Specialty Stores
• E-Commerce
• Others

Egypt Household Appliances Market: FAQs