Market Size of Bahrain Dishwashers Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 5.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Bahrain Dishwashers Market Analysis
Bahrain's dishwasher market has been growing considerably owing to rising urbanization in the country along with high living standards in megacities. The demand for small housing units for low and medium-income families has increased considerably in recent years, which would significantly boost the market for dishwashers in the country.
COVID-19 pandemic disrupted the supply chain and demand patterns and caused economic uncertainties among working individuals, which negatively affected the market growth, particularly in 2020. Leading companies manufacturing electrical appliances said sales had slumped considerably, with many stores remaining shut since the lockdown was introduced in the country.
The government is pursuing an ambitious program of developing 40,000 housing units within the next decade. Close to 20,000 units are under construction. The major housing projects are East Hidd City, Diyyar Al Muharraq, Tubli Gardens, Argan, East Sitra, and the Naseej project in Northern City. The Ministry of Housing has also launched a social housing financing program to support the home purchases of Bahraini nationals. Thus with rising infrastructure in the country, the demand for dishwashers would witness an upsurge in upcoming years.
Bahrain Dishwashers Industry Segmentation
A complete background analysis of the Bahrain dishwashers market, which includes an assessment of the National accounts, economy, and emerging market trends by segments, significant changes in the market dynamics, and the market overview, is covered in the report. The market is segmented by Types (Free Standing dishwashers, Built-in dishwashers), Applications (Residential, Commercial), and Distribution channels (Offline, Online).
Types | |
Free Standing Dishwasher | |
Built-in Dishwasher |
Distribution Channel | |
Offline | |
Online |
End Users | |
Residential | |
Commercial |
Bahrain Dishwashers Market Size Summary
The Bahrain dishwasher market is experiencing significant growth, driven by increasing urbanization and elevated living standards in its megacities. The demand for compact housing units for low and medium-income families has surged, which is expected to substantially enhance the market for dishwashers. The COVID-19 pandemic initially disrupted supply chains and altered demand patterns, leading to economic uncertainties that negatively impacted market growth in 2020. However, the government's ambitious housing development program, which includes the construction of thousands of housing units, is anticipated to boost the demand for dishwashers in the coming years. This initiative, coupled with a social housing financing program, is set to support the home purchases of Bahraini nationals, further driving market expansion.
The rising awareness of hygiene, particularly post-COVID-19, along with increasing disposable incomes and urbanization, is elevating the demand for dishwashers in Bahrain. With a significant portion of the population residing in urban areas, there is a growing need for white goods like dishwashers among those seeking a high standard of living. Free-standing dishwashers currently dominate the market, largely due to their affordability and widespread adoption in the Horeca industry. The country's plans to attract millions of tourists by 2026 are expected to bolster the hospitality sector, thereby increasing the demand for dishwashers. Major international players such as LG, Bosch, and Toshiba are actively expanding their market presence through technological advancements and product innovations, further shaping the competitive landscape of the Bahrain dishwasher market.
Bahrain Dishwashers Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Insights on impact of technology and innovation in Dishwasher Market
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1.5 Insights on Performance of Dishwasher Manufacturers in Bahrain
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1.6 Industry Attractiveness - Porter's Five Forces Analysis
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1.6.1 Threat of New Entrants
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1.6.2 Bargaining Power of Buyers
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1.6.3 Bargaining Power of Suppliers
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1.6.4 Threat of Substitutes
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1.6.5 Intensity of Competitive Rivalry
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Types
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2.1.1 Free Standing Dishwasher
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2.1.2 Built-in Dishwasher
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2.2 Distribution Channel
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2.2.1 Offline
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2.2.2 Online
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2.3 End Users
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2.3.1 Residential
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2.3.2 Commercial
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Bahrain Dishwashers Market Size FAQs
What is the current Bahrain Dishwashers Market size?
The Bahrain Dishwashers Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Bahrain Dishwashers Market?
LG, Bosch, Toshiba, Whirlpool and Midea are the major companies operating in the Bahrain Dishwashers Market.