Market Forecast By Type (Freestanding, Built In), By Product (Washing Machine, Dryers, Electric Smoothing Irons & Others), By Technology (Automatic, Semi-Automatic & Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online & Others) and competitive landscape
Product Code: ETC004081 | Publication Date: Sep 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Oman Laundry Appliances Market |
Forecast period | 2024-2030 |
CAGR | 5.3% |
Growing Sector | Laundry Appliances Market |
Oman Laundry Appliances Market report thoroughly covers the market by Type, by Product, by Technology, by Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing 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.
Oman Laundry Appliances Market has been Developing and is predicted to rise more at a significant growth rate during the forecast period 2024 to 2030. There are several factors contributing to the market growth such as rising disposable income, urbanization, and changing consumer lifestyles.
According to 6Wresearch, Oman Laundry Appliances Market size is expected to grow at a significant CAGR of 5.3% during 2024-2030. One of the major drivers for this growth is the increasing number of households and commercial establishments in Oman. As more people move into cities and towns, there is a higher demand for laundry appliances to ease their daily chores. Additionally, with the rise of dual-income households, consumers are willing to invest in modern and efficient laundry appliances that save time and effort.
The market is also dealing with a number of challenges that are hampering its growth. One of the major challenges is the high cost associated with these appliances, which makes it difficult for lower-income households to invest in them. This has led to a preference for traditional and manual laundry methods, hindering the growth of the market.
Some of the leading players in the laundry appliances market in Oman include LG Electronics Inc., Samsung Electronics Co., Ltd., Whirlpool Corporation, Beko Technologies GmbH, Electrolux AB, and Miele & Cie. KG. These companies are focusing on introducing energy-efficient and technologically advanced products to cater to the changing consumer demands in Oman.
The Omani government has implemented various regulations to promote energy efficiency and sustainability in household appliances. In 2018, the Ministry of Oil and Gas launched a campaign to promote the use of energy-efficient appliances, including washing machines and dryers. Additionally, Oman's Energy Efficiency Labelling Programme (OEEEL) requires all imported electrical appliances to meet certain energy efficiency standards. These regulations cover aspects such as electrical wiring and insulation, temperature limits, and protection against fire hazards. Compliance with these standards is mandatory for manufacturers and importers of laundry appliances in Oman.
With advancements in technology, consumers are looking for smart and energy-efficient appliances that make their daily chores easier and more convenient. Furthermore, manufacturers are likely to focus on introducing products tailored specifically to meet the needs of Omani households, further driving the market growth. In order to further boost the future looks promising for the laundry appliances market in Oman. Manufacturers and retailers need to continue innovating and educating consumers about the benefits of using modern appliances to maintain steady growth in this market. So, we can expect a continual rise in demand for laundry appliances, making Oman a lucrative market for manufacturers and retailers alike.
According to Dhaval, Research Manager, 6Wresearch, one type that is experiencing a growing demand in the Oman laundry appliances market is built-in appliances. These appliances are designed to seamlessly blend into the overall design of a kitchen or laundry room, giving a more polished and integrated look. This trend can be attributed to the increasing focus on modern and sleek interior designs in homes and apartments in Oman.
As per the current market trends, washing machines are experiencing a significant growth in demand. This can be attributed to an increase in disposable income and changing lifestyles. With more individuals opting for convenience and time-saving solutions, the demand for washing machines is expected to continue growing.
The automatic laundry appliances segment is expected to experience significant growth in demand in the Oman market. This can be attributed to the increasing adoption of smart and automated household appliances, as well as the convenience factor offered by automatic laundry appliances.
Based on market research, the online distribution channel has shown significant growth in demand for laundry appliances in Oman. With the growing popularity of e-commerce and digital platforms, consumers are increasingly turning to online channels for their laundry appliance purchases.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Oman Laundry Appliances Market Overview |
3.1. Oman Laundry Appliances Market Revenues & Volume, 2020-2030F |
3.2. Oman Laundry Appliances Market Revenue Share, By Regions, 2020 & 2030F |
4. Oman Laundry Appliances Market Overview |
4.1. Oman Country Indicators |
4.2. Oman Laundry Appliances Market Revenues & Volume, 2020-2030F |
4.3. Oman Laundry Appliances Market Industry Life Cycle |
4.4. Oman Laundry Appliances Market Ecosystem and Value Chain Analysis |
4.5. Oman Laundry Appliances Market Porter’s Five Forces Model |
4.6. Oman Laundry Appliances Market Revenue Share, By Type, 2020 & 2030F |
4.7. Oman Laundry Appliances Market Revenue Share, By Product, 2023 |
4.8. Oman Laundry Appliances Market Revenue Share, By Distribution Channels, 2023 |
4.9. Oman Laundry Appliances Market Revenue Share, By Technology, 2023 |
5. Oman Laundry Appliances Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Oman Laundry Appliances Market Trends |
7. Oman Laundry Appliances Market Overview, By Type |
7.1. Oman Freestanding Laundry Appliances Market Revenues & Volume, 2020-2030F |
7.2. Oman Built In Laundry Appliances Market Revenues & Volume, 2020-2030F |
8. Oman Laundry Appliances Market Overview, By Product |
8.1. Oman Laundry Appliances Market Revenues, By Washing Machine, 2023 |
8.2. Oman Laundry Appliances Market Revenue Share, By Dryers, 2023 |
8.3. Oman Laundry Appliances Market Revenue Share, By Electric Smoothing Irons, 2023 |
8.4. Oman Laundry Appliances Market Revenue Share, By Others, 2023 |
9. Oman Laundry Appliances Market Overview, By Distribution Channels |
9.1. Oman Laundry Appliances Market Revenues, By Hypermarkets and Supermarkets, 2023 |
9.2. Oman Laundry Appliances Market Revenue Share, By Specialty Stores, 2023 |
9.3. Oman Laundry Appliances Market Revenue Share, By Online, 2023 |
9.4. Oman Laundry Appliances Market Revenue Share, By Others, 2023 |
10. Oman Laundry Appliances Market Overview, By Technology |
10.1. Oman Laundry Appliances Market Revenues, By Automatic, 2023 |
10.2. Oman Laundry Appliances Market Revenue Share, By Semi Automatic, 2023 |
10.3. Oman Laundry Appliances Market Revenue Share, By Others, 2023 |
11. Oman Laundry Appliances Market Regulations |
12. Oman Laundry Appliances Market Opportunity Assessment |
12.1. Oman Laundry Appliances Market Opportunity Matrix, By Type, 2030F |
12.2. Oman Laundry Appliances Market Opportunity Matrix, By Product, 2030F |
12.3. Oman Laundry Appliances Market Opportunity Matrix, By Distribution Channels, 2030F |
12.4. Oman Laundry Appliances Market Opportunity Matrix, By Technology, 2030F |
13. Oman Laundry Appliances Market, Competitive Landscape |
13.1. Oman Laundry Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
13.2. Oman Laundry Appliances Market Revenue Share, By Company, 2023 |
14. Company Profiles |
15. Strategic Recommendations |
16. Disclaimer |